TITLE

Manufacturers Are on a Roll But the Gravy May Be Slowig

AUTHOR(S)
Hampton, Tudor
PUB. DATE
May 2005
SOURCE
ENR: Engineering News-Record;5/16/2005, Vol. 254 Issue 19, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the financial status of the construction equipment industry of the U.S. The U.S. economy slowed in the first quarter, slipping to a 3.1% annual rate from its previous 3.8% pace. That may be starting to pull down monthly construction equipment shipments, but they still are way ahead of where they were a year ago and so are prices. Volvo just unveiled a 70-ton hydraulic excavator, the largest in its line, slated for production in Korea this fall. Bermuda-based Ingersoll-Rand Co. sold 16% more product during the first quarter, due largely to Bobcat and other equipment demand. Equipment prices are up 3 to 4% this year, according to government data.
ACCESSION #
17116493

 

Related Articles

  • Global outlook. Vasiloff, Chris // International Construction;Jun2003, Vol. 42 Issue 5, p16 

    This article presents views of Chris Vasiloff, president of Ingersoll-Rand's Infrastructure Division, regarding the performance of the company in various countries, as of June 2003. He said that Asia was a booming market, but SARS has changed that. The company has 17 factories in China....

  • Easy maneuvering rammers.  // Concrete Construction;Feb2006, Vol. 51 Issue 2, p69 

    The article features the RX series upright rammers developed by Ingersoll-Rand Co. Built for compacting materials ranging from mixed and cohesive soils to heavy clay, the low profile machine make them suitable for backfilling, narrow trench compaction and foundation and masonry base preparation....

  • KIT.  // PMJ: Plant Managers Journal;Jan2004, Vol. 31 Issue 1, p8 

    Presents the latest developments in different machine products of companies as of January 2004. Information on the new jackhammers launched by Ingersoll-Rand in 2004; Importance of the QuickTrak QT6070, an anti-theft tracking system for plant equipment originally launched in Great Britain;...

  • IR to sell Bobcat.  // International Construction;Jun2007, Vol. 46 Issue 5, p13 

    The article reports on the plans of Ingersoll-Rand Co. to sell its construction equipment businesses in the U.S. The company stressed that the sellout is because such businesses no longer fit to their strategic goals. Proceeds of the purchase will be used to expand a previously announced share...

  • Ingersoll-Rand adds five new compressors.  // Contract Journal;9/3/2003, Vol. 420 Issue 6442, p15 

    Reports on the development of portable compressors by Ingersoll-Rand in September 2003, to be added to its Platinum Series brand. Features of the portable compressors; Advantages of using the compressors.

  • Shanghai Show Guide. Sleight, Chris // International Construction;Oct2006, Vol. 45 Issue 8, p27 

    The article previews the construction equipment exhibition Bauma China 2006 at the Shanghai New International Expo Centre on November 21-24, 2006 in Shanghai, China. The exhibition is expected to draw foreign visitors, particularly from Asia-Pacific countries and major players from Europe and...

  • Ingersoll-Rand launches reduced vibration tools.  // PMJ: Plant Managers Journal;Jul2003, Vol. 30 Issue 7, p12 

    Introduces two vibration-reduced pickhammers from Ingersoll-Rand. Product features; Uses of the units; Description of Ingersoll-Rand portable compressors.

  • IR grabs Geith.  // International Construction;Nov2006, Vol. 45 Issue 9, p10 

    The article reports that Ingersoll-Rand Co., has agreed to buy Geith International, an Ireland-based construction equipment attachments manufacturer, from its present owners. Presents owners of the company include management shareholders and two venture capital funds managed by the Bank of...

  • Plant news.  // Contract Journal;7/6/2005, Vol. 428 Issue 6532, p15 

    Presents news briefs on the construction equipment industry in Great Britain as of July 2005. Introduction of a tyre for rigid dump trucks and publication of a guide to help companies deal with global tyre shortage by Bridgestone; Plan of Ingersoll Rand to launch a range of milling machines.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics