John Deere announces third-quarter earnings
Construction and forestry sales increased 29 percent for the quarter and 10 percent for nine months. Operating profit was $110 million for the quarter and $253 million for nine months, compared with $54 million and $197 million last year. Deere's worldwide sales of construction and forestry equipment are forecast to be up about 15 percent for 2017. In forestry, global industry sales are expected to be down 5 to 10 percent due to soft conditions in North America. Source
CASE introduces the all-new CX145D SR minimum-swing radius excavator to its D Series lineup.
Designed to provide ample digging and lifting power in a small footprint, the CX145D SR features a compact counterweight and modified boom placement. This results in a highly maneuverable and powerful excavator that is easy to transport and ideal for restricted jobsite conditions, such as road and bridge work, utilities, urban construction and landscaping applications. Source
Bell and Kobelco form a southern African excavator alliance
Bell Equipment has signed an agreement with global excavator specialist, Kobelco Construction Machinery Co. Ltd (Kobelco), for the exclusive distribution and support of the Kobelco range of excavators in the southern African region. Bell will be complementing its product range by developing the full range of Kobelco excavators, from the small 1t mini excavators through to the largest 85t units. Source