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Caterpillar Reports Record Quarterly Profit; Company Raises 2012 Profit Outlook

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Back | Posted on April 26, 2012 by Chris

First-Quarter Sales and Revenues Increase 23 Percent, Profit Per Share Up 29 Percent

PEORIA, Ill. — Growth in mining, strong replacement demand for products in the United States and a continued focus on cost management helped Caterpillar Inc. (NYSE: CAT) deliver record quarterly profit per share of $2.37 in the first quarter of 2012. This represents an increase of 29 percent from first-quarter 2011 profit per share of $1.84. First-quarter 2012 sales and revenues of $15.981 billion were up 23 percent from $12.949 billion in the first quarter of 2011. Profit was a record $1.586 billion in the quarter, an increase of 29 percent from $1.225 billion in the first quarter of 2011.

“These outstanding results demonstrate our continued focus on execution and controlling costs as we increase production and expand capacity to meet increasing demand from our customers. We’re seeing strong global demand for most mining products and significant growth in replacement demand for products in the United States, which more than offset slowing in China and Brazil,” said Caterpillar Chairman and Chief Executive Officer Doug Oberhelman. “During the quarter, I visited Caterpillar facilities, customers, suppliers and dealers around the world, and saw firsthand the progress we are making on safety, product quality, improved delivery times, factory efficiencies and customer service. These improvements have been impressive considering they’ve occurred while we have so much going on—we are building new facilities, expanding existing facilities, integrating acquisitions and continuing the introduction of new products,” Oberhelman added.
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Posted in Blog Posts, Caterpillar, Caterpillar, Construction Equipment, Industry News, Manufacturers, News | Comments off

Mac Machinery & Doppstadt Launch Doppstadt DW3060 ‘Type C’ at IFAT 2012

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Back | Posted on April 24, 2012 by admin

DW 3060 Type C – New Advanced Features

This year‘s IFAT Entsorga event will host the release of the new DW 3060 Type C machine on behalf of Mac Machinery and Doppstadt.

The new DW 3060 Type C has been re-designed to meet ever increasing market requirements. The New DW3060 Type C will have features such as; new exhaust system, longer conveyor with a higher discharge height, even stronger comb cylinders, easy access add blue tank, and full hydraulic auxiliaries for additional accessories like star screens.

The New Type C will still remain will all the usual proven features of the existing Doppstadt DW3060.

For more information Telephone +353 (0)7491 56708 or +353 (0)87 2494908 or

E-mail info@macmachinery.com or sales@macmachinery.com

For more information Telephone +353 (0)7491 56708 or +353 (0)87 2494908 orE-mail info@macmachinery.com or sales@macmachinery.com

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Ritchie Bros. conducts first auction at new Donington Park, UK auction site

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Back | Posted on April 20, 2012 by Chris

The world’s largest industrial auctioneer attracts bidders from 50 countries to the April 17^th unreserved public auction

DONINGTON PARK, UK (April 19, 2012) – Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, conducted its first multi-million pound sterling auction at its new regional auction site in Donington Park, UK on Tuesday April 17, 2012. The unreserved public plant equipment auction, which took place next to the Donington Park racing circuit, attracted hundreds of people throughout the day. In total, the Company registered more than 630 online and on-site bidders from 50 countries to bid on more than 675 heavy plant equipment items and trucks featured in the unreserved auction—each item was sold to the highest bidder, without minimum bids or reserve prices. Read More…

Posted in Auctions, Construction Equipment, Industry News, Ritchie Bros, UK | Comments off

The largest edition in the history of M&T Expo will take place this May

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Back | Posted on April 17, 2012 by Chris

With 480 exhibitors representing approximately 1,000 brands, the event is expected to draw 45 thousand visitors

This year, SOBRATEMA – Brazilian Association of Technology for Equipment and Maintenance is holding the largest edition ever of M&T Expo – the International Trade Fair for Construction Equipment and International Trade Fair for Mining Equipment. The event will take place from May 29^th to June 2^nd at the Centro de Exposições Imigrantes (Imigrantes Exhibition Center) in São Paulo.

M&T Expo has been growing with each and every edition, accompanying the technological, marketing and economic advances in the sectors of construction and mining. This trade fair – one of the five largest shows of its kind in the world – has become a thermometer of the market for business people who operate in this segment and, at the same time, an opportunity for companies to display and demonstrate what‘s new in their offerings and all their potential.

The trade show has already sold 100% of its exhibition area. That’s 480 exhibitors, national and international, who intend to present what’s new in approximately 1,000 brands, including equipment for earthmoving and grading; concrete plants; cranes; equipment for crushing, transporting of rock and soil, drilling in rock, and for paving; in addition to motors, parts and components.

Hillhead 2012 expands again

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Back | Posted on by Chris

WITH 400 confirmed exhibitors and very little space remaining in either the enlarged outdoor area or the two pavilions, the organizers of Hillhead 2012 have managed secure the components to provide for a 10m x 16m extension to the Registration Pavilion in order to create another 12 shell-scheme stands.

Commercial director Richard Bradbury explained that due to the demand for temporary structures caused by preparations for the 2012 London Olympic Games, large marquees are currently in very short supply.

‘Fortunately, our contractors have managed to find all the bits and pieces to extend the exhibition area at Registration for the many companies who still wish to be at the show,’ he said.

The three-day event at Hillhead Quarry, near Buxton, opens on Tuesday 19 June and visitors to the show are advised to register in advance for a fast-track entry badge.

Posted in Europe, Exhibitions, Hillhead, Industry News, News, UK | Comments off

More than 630 items to be sold at Ritchie Bros.’ Donington Park industrial plant public auction

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Back | Posted on April 11, 2012 by Chris

The world’s largest industrial auctioneer to conduct first auction at its new UK regional auction site on April 17

DONINGTON PARK, UK (April 10, 2012) – Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, will sell more than 630 used and unused heavy plant equipment and trucks at its new regional auction site in Donington Park, UK on April 17, 2012. Starting at 9:00 a.m., the unreserved public auction will feature a variety of industrial items, including more than 180 excavators (mini, midi & hydraulic), as well as 70 dumpers, 43 tandem rollers, 39 telescopic forklifts, 14 wheel loaders, loader backhoes, flatbed trucks, site dumpers, dump trucks, boom lifts, scissor lifts, telescopic forklifts, generator sets and many more items used in the construction, transportation, material handling and agricultural industries.

“Over the last few weeks, we’ve seen the number of lots for the April 17 auction in Donington Park grow rapidly,” said Guylain Turgeon, Managing Director EMEA, Ritchie Bros. Auctioneers. “The sale is picking up steam and will provide both on-site and online bidders from the UK and around the world with a great choice of plant and trucks, including many late model items. At the end of the auction day, all items will have a new owner.”
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Posted in Auctions, Construction, Construction Equipment, Europe, Exhibitions, Intermat, Ritchie Bros, UK | Comments off

Visit ‘Resale Weekly’ at INTERMAT 2012 – Stand G 020 in Hall 6

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Back | Posted on April 5, 2012 by Chris

Since the very first INTERMAT show in 1988, Resale Weekly has attended every event, without fail and INTERMAT 2012 will be no exception. This international exhibition of equipment, machinery and construction materials is seen as the key event for the industry. Held once every three years INTERMAT 2012 is sure to be a firm favourite on this year’s events calendar for all buyers and sellers of machinery around the globe. With over 200,000 international visitors expected and over 1,500 exhibitions in one place, this is THE EVENT to attend this year.

At INTERMAT 2012 Resale Weekly will be showcasing its new technology on Stand G 020 in Hall 6 (UK Pavilion) between Monday 16 and Saturday 21 April 2012. Come and meet the team and view the latest technology advances from the leading machinery sales magazine both online and offline.

Find us on Facebook and Join the event : facebook/resaleweekly

http://www.facebook.com/events/144001472394743/

STOP PRESS

Do you have equipment to sell? Yes? Then the INTERMAT issue of Resale Weekly is the one to advertise in. Contact us now? We’ve have a few pages available for this special issue being distributed during show – so why not book your slot and get your equipment in front of people that are looking to buy!

Visit www.resaleweekly.com for more information or contact our sales team on sales@resaleweekly.com +44 0208 471 8221

Posted in Blog Posts, Caterpillar, Construction, Construction Equipment, Europe, Exhibitions, Hitachi, Intermat, JCB, Komatsu, Liugong, Manufacturers, Massey Ferguson, New Holland, News, SUNWARD, Sany, Terex | Comments off

Moffat Publishing / Resale Weekly develops interactive information APPS for Caterpillar Inc

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Back | Posted on April 3, 2012 by Chris

Another chapter in the online publishing revolution has just been written by Moffat Consulting & Technology, the publishers of Resale Weekly after signing a long-term syndication agreement with Caterpillar Inc to deliver its new or used equipment information globally through a specially developed portal and a CatUsed iPhone application.

Already the world’s leading journal for construction plant, commercial vehicles and equipment, Resale Weekly recently extended its activities into building dynamic websites and the latest interactive mobile applications for the iPhone and other smartphones.

The new interactive applications move Caterpillar Inc, the world’s leading manufacturer of construction and mining equipment, to the next level, enabling them to more effectively manage their online marketing strategies and provide users with immediate access to performance listings as well as extensive information from across the global Caterpillar Dealer Network.

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