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Deere lifts earnings forecast, but sees no let-up in inflationary pressure – Reuters.com

Aug 20 (Reuters) – Deere & Co (DE.N) on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street estimates on the back of strong demand for farm and construction equipment. The world’s largest farm equipment manufacturer, however, said it continues to grapple with inflationary pressure and supply chain challenges, which are set […]

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Doosan Infracore Sale to Hyundai Heavy Industries Holdings Co. : CEG – Construction Equipment Guide

Doosan Infracore will become a subsidiary of the newly created Hyundai Genuine (HG) group alongside Hyundai Construction Equipment (HCE) as two independent construction equipment companies under HHIH. Aug. 19 is the official close and completion date of Doosan Infracore sale to Hyundai Heavy Industries Holdings Co. (HHIH). Doosan Infracore will become a subsidiary of the […]

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China construction machinery industry cheers strong 2020 sales but outlook uncertain – Reuters

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers.

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Should You Buy Used Construction Equipment in 2020? – Equipment World

A pause on live auctions: Ritchie Bros. converted to online-only auctions in response to the pandemic. Used equipment is playing an increasing role as equipment buyers struggle to navigate 2020’s strange environment. Finding used equipment doesn’t have to be frustrating. The new Equipment Experts online marketplace makes it easy – with detailed filtering, equipment specs […]

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