In an move it hopes will change the way contractors think about what compact equipment is capable of, Caterpillar is introducing the 304.5E2 XTC mini excavator, a 4-ton machine which has a manual skid-steer coupler on the front instead of a standard blade
As part of a larger realignment of its equipment offerings, Peoria, Ill.-based Caterpillar Inc. announced Feb. 26 that it is ceasing production of its line of on-highway vocational trucks.
It was a busy lot at the annual Ritchie Bros. equipment auction, held Feb 15-19 in Orlando. Some 10,700 pieces of equipment sold for a total value of $172 million, with a record 9,850 bidders from 79 countries registered.
An airship in development for carrying construction cargo and personnel may soon complement the precision heavy-lift capability of a helicopter, opening a new way to construction in remote parts of the world.
One of the largest mergers in the world of construction equipment has been put on hold. U.S.-based Terex Corp says it is halting all merger activities with Finnish-based Konecranes while it considers an acquisition offer from China-based Zoomlion.
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