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Caterpillar 2018 Sales and Revenue Up 20 Percent

MF021119 CatlogoCaterpillar Inc. announced fourth-quarter and full-year results for 2018. Sales and revenues in the fourth quarter of 2018 were $14.3 billion, compared with $12.9 billion in the fourth quarter of 2017, an 11 percent increase. Fourth-quarter 2018 profit was $1.78 per share, compared with a loss of $2.18 per share in the fourth quarter of 2017. Adjusted profit per share in the fourth quarter of 2018 was $2.55, compared with fourth-quarter 2017 adjusted profit per share of $2.16, up 18 percent.

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Kespry Features Innovations at World of Concrete

MF DroneDrone-based aerial intelligence solution provider Kespry highlighted its new construction industry-focused innovations at the World of Concrete show in Las Vegas in collaboration with John Deere's exhibit.

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McLanahan Acquires Anaconda Equipment

MF010919 McLanahanIn 2017, McLanahan Corp. began a partnership with Anaconda Equipment of Northern Ireland to distribute and sell Anaconda’s line of mobile track equipment. As the relationship between the two companies progressed, it became clear that their values and business styles were closely aligned. Thus, the two companies have announced that Anaconda Equipment will officially join McLanahan's family of companies upon legal closing within the next 30 to 60 days. 

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AEM Unveils New Logo

AEMlogo squareThe Association of Equipment Manufacturers (AEM), the North American-based international trade group representing off-road equipment manufacturers and suppliers, unveiled a new brand identity to reflect how its more than 1,000 members build momentum for the industry.  

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Terex MP’s Hegarty Talks Industry Issues

Kieran Hegarty 3In a continuation of last month’s Quarry and Aggregates (Q&A) Forum, Terex Materials Processing’s President Kieran Hegarty talked about various issues impacting the aggregates industry.

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