A star of the CONEXPO/CON-AGG show in Las Vegas in early March was an unassuming, unbranded mini excavator busily moving dirt around in a corner of the show.
Caterpillar is focusing its CONEXPO presentation on demonstrating a remotely operated dozer and its expanded telematics reporting, but is also dealing with the fallout from a raid by IRS and Commerce Dept. agents of its Peoria, Ill. headquarters on March 2.
The annual parade of heavy iron past the viewing stands at the Ritchie Bros. auction in Orlando, Fla., is often taken as a bellwether for the health of the equipment industry.
After two-years of building up its user base in the lower Midwest, peer-to-peer construction-equipment rental service EquipmentShare recently has secured $26 million in private equity funding.
Swedish-based construction and mining toolmaker Atlas Copco is selling its roadbuilding equipment division to Fayat Group and will purchase a German manufacturer of drum-cutter attachments for excavators.