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Equipment ......................................................................................................................

Superior Plus selling construction products distribution business

Superior Plus Corp. announced it has entered into a definitive agreement to sell its Construction Products Distribution business for total cash consideration of US$325 million to Foundation Building Materials, LLC. 



New Report: Compact Construction Equipment Market - Global Trends now available

Research Corridor recently added new report titled 'Compact Construction Equipment Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast - 2015 – 2022' to its repertoire. This latest industry research study scrutinizes the Compact Construction Equipment market by different segments, companies, regions and countries over the forecast period 2015 to 2022. 



Yanmar Acquires Terex Corporation’s Compact Construction Equipment Business

Yanmar Holdings Co., Ltd. concluded a final agreement with Terex Corporation (NYSE:TEX) of the United States (hereinafter referred to as 'Terex') on June 20 (U.S. Eastern Time) to acquire Terex's European compact construction equipment business for approximately US$60 million. 



DECAST announces major manufacturing plant expansion in Utopia

By expanding its facility to almost half-a-million square feet and increasing its workforce to more than 600 employees, DECAST's manufacturing plant expansion was on the scale that rates a visit from the newly-appointed Minister of Economic Development and Growth Brad Duguid on Tuesday.



Safe Fleet Acquires FleetMind

FleetMind will maintain both the operations out of its Montreal headquarters and its regional representation throughout North America. Co-owners, Martin Demers, CEO, and Martin Lord, CTO, will continue their leadership roles as Vice-Presidents within the Safe Fleet organization.



Enterprise Group sells T.C. Backhoe & Directional Drilling unit

Enterprise Group, Inc. (“Enterprise,” or “the Company”) [TSX:E] is pleased to announce that it has entered into a binding asset purchase agreement (the “Agreement”) to divest the assets of its utility construction business unit, T.C. Backhoe & Directional Drilling (“TCB”). The assets will be acquired by TC Infrastructure Services Ltd., a wholly owned subsidiary of Quanta Services, Inc. (“Quanta”).



Calgary start-up wants to be 'AirBnB' for heavy equipment owners

AnyQuip, which is exhibiting at this week’s Global Petroleum Show, uses a sharing economy model similar to AirBnB’s accommodations network or Uber’s transportation network. The company’s online platform allows owners of idled heavy equipment fleets to connect with renters in the oil and gas, construction, mining and agriculture industries. 



Stephenson's Ottawa Prepares for Grand Opening

The newly renovated Stephenson’s Rental Services at 1537 Star Top Road is hosting a grand opening celebration on Thursday, June 16. The Stephenson’s staff will be joined by Mayor Jim Watson and City Councillor Tim Tierney as they welcome local contractors and do-it-yourself homeowners for a day full of prize giveaways, door-crasher deals, and a lunch barbeque. 



A look at how the construction industry is going robotic

The building site of the future is going to look very different to the one we are all used to today. Instead of men in high-visibility jackets and hard hats, there are going to be drones buzzing overhead, robotic bulldozers and 3D printers churning out new structures.



Ritchie Bros. industrial auction sets another record as Alberta’s economy struggles

Thousands of pieces of machinery are moving out of Alberta to busier economies where they might be put to use, after the largest industrial auction held in the province to date closed on the weekend.



NAIT in Edmonton opens new Heavy Equipment Technology Building

The new Heavy Equipment Technology (HET) Building is helping NAIT meet Alberta’s need for skilled heavy equipment technicians. The facility was officially opened Friday.



Global Construction Equipment Rental Market Trends, Opportunities and Forecast 2016-2020

The report titled Global Construction Equipment Rental Market: Trends and Opportunities (2016-2020) analyzes the significant trends and potential opportunities in the global construction equipment rental market. The report summarizes market overview, market sizing and growth, top players of the market and regional breakdown.



Mack to invest $70 million in Pennsylvania assembly plant

Mack Trucks announced a plan to invest about $70 million in its Lehigh Valley, Pennsylvania, truck assembly operations over three years in order to further improve manufacturing quality and efficiency and modernize the facility. 



Report on Excavator Market 2016 Edition featuring Komatsu, Hitachi, Kobelco and Caterpillar

The key factors driving the growth of the excavator industry are rising urbanization, growth in construction expenditure and growing economy. Some of the noteworthy trends and developments of this industry are growing demand for fuel efficient excavator, introduction of new product and usage of high efficiency hydraulic fluids.



Hyundai Heavy Industries to introduce Trimble Ready Excavators in Europe, North America and Asia Pacific

Trimble and Hyundai Heavy Industries today announced a plan to integrate, engineer and market Trimble Ready® factory fit machine control kits to enable the installation of Trimble® GCS900 Grade Control System components on select HHI excavators in the aftermarket. 






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