News in the Construction Equipment Industry
Need a quick update on what happened last week in the construction industry? Every week we will provide a brief overview of some of the top stories for your consumption.
According to the July Rouse Rental Report, used equipment values dropped 0.2% for the month, in comparison to May. However, over the past 6 months, up until June 30th, 2012, the Rouse Value Index of Orderly Liquidation Values (OLV) for used equipment across the 14 major rental equipment categories increased by 4.9%. Learn more about the changes in equipment values here:
Caterpillar has recently reported their Q2 earnings and it is the most profitable quarter in the company’s long history. Caterpillar expanded their market to include the Middle East, the CIS, and Africa – an effort to boost sales while the sales in Europe have decreased. Growth in the Middle Eastern markets is expected to exceed 4.5% for the whole of 2012, according to Caterpillar. Learn more about how Caterpillar is quickly leading the industry in sales here:
The Hamm GRW 280 pneumatic roller was recently released with a revolutionary new design. With this new type of technology, workers will be able to view channels in the frame structure, view of the edges and the tires of the outer wheels. “Innovations with respect to ballasting, drive concept and operating philosophy are not visible from the exterior, but their effects are evident as they make compacting better and more convenient.” An additional effort has been made to enhance the experience in maintenance so all of the maintenance points are now on the engine’s right-hand side, simplifying the maintenance experience.