News in the Construction Equipment Industry
Need a quick update on what happened last week in the construction industry? Every Monday we will provide a brief overview of some of the top stories for your consumption.
A new mobile device has entered the market perfectly designed and engineered for those in the construction industry. It’s the Cat B15 from Bullitt Mobile, a global licensee for Caterpillar. This mobile phone can withstand a 5-foot 9-inch drop, and can be submerged underwater up to 3 feet for 30 minutes. The device is both scratch resistant and dustproof, with functionality to use the touch-screen with wet fingers.
The Wells Fargo 2013 Construction Industry forecast revealed that contractors and equipment distributors are optimistic that local non-residential construction activity will improve this year. According to the forecast, more than half of distributors surveyed said they expect to increase the size of their rental fleet in 2013, while only 5.5 percent expect to decrease their rental fleet. Most reassuring to equipment distributors is the fact that 80 percent of contractors surveyed said they plan on buying equipment in 2013. The number of contractors who said they would buy new equipment (80.9 percent) and the number that said they would buy used (80.3 percent) was nearly the same.
Bobcat expanded its lineup with new 24.8-hp 3600 and 3650 hydrostatic drive utility vehicles, which are designed to handle and haul more materials for grooming commercial buildings and grounds or maintaining personal properties. The 3600 meets the needs of Bobcat users who want the benefits of a hydrostatic drive utility vehicle, while the 3650 offers new attachment capabilities, as it is the industry’s first utility vehicle with the capability to operate front-mounted attachments that are PTO driven. This ability positions the 3650 as a highly versatile machine that fills the gap between standard Bobcat utility vehicles and the larger Toolcat utility work machines.