Business Services: Page 264

Terex Second-Quarter Net Sales Increase 35% from 2011

Terex Corporation

Net sales were $2,011.5 million in the second quarter of 2012, an increase of 35.2% from $1,488.2 million in the second quarter of 2011.

JLG Parent Oshkosh Corp.'s Earnings Exceed Expectations

Oshkosh reported a third-quarter net profit of $75.7 million, or 82 cents a share, up from $68.4 million, or 75 cents per share, a year earlier.

Hitachi Beats Forecast Despite Slowdown in China

The sprawling conglomerate, whose products range from excavators to thermal power plants, posted an operating profit of 63.6 billion yen ($808.85 million) in the April-to-June quarter, up from 52.4 billion yen a year earlier.

Komatsu Cuts Full-Year Profit Outlook 17% as China Sales Drop

Major competitors in China -- Hitachi, Sany -- also trimmed outlooks, while Caterpillar raised profit expectations on rising North American and mining business

CNH Second Quarter 2012 Net Sales Top $5 Billion, Up 3%

Net sales increased 3% (9% constant currency basis) to $5.0 billion as firm global demand for agricultural equipment, on the back of favorable agricultural commodity prices, compensated for a more mixed trading environment in the construction equipment sector.

ALL Erection & Crane Rental Corp. Acquires 17 New Manitowoc and Grove Cranes

ALL Erection & Crane Rental Corp. announces the acquisition of two blockbuster Manitowoc/Grove packages, adding a total of 17 machines to its industry-leading rental fleet.

Wagner Rents Secures Future Location

Wagner Rents is among a handful of Pueblo, CO businesses targeted for relocation by the state to make room for the Interstate 25-Ilex interchange reconstruction set to start in 2013.

Coates Hire Owners Consider Floating the Company

Speculation has been rife that investment bankers had been appointed to advise on an initial public offering of Coates, which is partly owned by US private equity firm the Carlyle Group and Kerry Stokes' Seven Group.

Business Services

Whose Name Is on your Truck?

LaHood Launches Historic Expansion of Infrastructure Finance Fund

The new surface transportation bill provided $1.7 billion for TIFIA credit assistance, making it the largest transportation infrastructure finance fund in DOT history

Applications Reach Record Number for bauma China 2012

bauma China, the International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment will be taking place from 27 to 30 November 2012 in the Shanghai New International Expo Centre (SNIEC).

Manfredi's Machine Works

How Much Can Construction Equipment Sales Grow with only the Americas Driving?

Slowing growth in Asia and Europe have changed the players but not the outlook

Global Cat dealer sales crossed into positive territory about the same time as North America in mid-2010, and have shown healthy growth since then. But monthly gains have dropped to low double digits – up 11% in May but much lower than 20% and 30% growth rates reported last year.

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