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Heavy Equipment

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Finning to purchase portion of Bucyrus distribution business from Caterpillar

January 18, 2012 Andrew Snook

Finning International Inc. has added to its Caterpillar equipment distribution and support business by acquiring a portion of the business formerly owned by Bucyrus. Caterpillar and Finning both announced the agreement on Jan. 18, valued at approximately US$465 million. Finning

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World of Concrete Preview: What happens in Vegas, could improve your business

January 13, 2012 Staff Report

World of Concrete 2012 will be returning to the Las Vegas Convention Centre, January 24 to 27, 2012-and for us Canadians, who will no doubt be up to our eyeballs in snow by that point-it won’t be a moment too

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AEM survey: stronger 2011 sales expected and slower growth through 2014

December 16, 2011 Andrew Snook

Construction equipment manufacturers are expected to end 2011 with double-digit growth worldwide, and continued growth through 2014, according to the Association of Equipment Manufacturers’ (AEM) annual business “outlook” survey. The AEM survey expects the U.S. to have the biggest increase

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Ritchie Bros. Auctioneers surpasses $1 billion in 2011

December 8, 2011 Andrew Snook

One billion dollars. That’s the figure recently reached and surpassed by Ritchie Bros. Auctioneers for its 2011 online equipment sales. The Vancouver-based company is the largest on-site and online auctioneer of heavy equipment and trucks. In 2002, Ritchie Bros. started