Check out some interesting headlines around the industry this week.
Energy Bust Powers Down Heavy Equipment Sales (Wall Street Journal)
"Caterpillar Inc. acknowledged Thursday what Brandon Millican of Malta, Mont., already noticed: It’s getting even harder to sell heavy equipment into an economy weighed down by falling oil production." Read more
Global Construction Equipment Market is Expected to Steady Growth in the Forecast Period 2015-2020 (Net Dug Out)
"Global Construction Equipment Industry analysis by 2020 analyzed the world’s main region market size, share, trends, conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc." Read more
Europe Heavy Construction Equipment Market Report Emerging Trends and Analysis 2016 (Industry Today)
"The Europe Heavy Construction Equipment Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Heavy Construction Equipment industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Heavy Construction Equipment market analysis is provided for the Europe markets including development trends, competitive landscape analysis, and key regions development status." Read more
Which OFS Companies Are Correlated to Crude Oil Prices? (Market Realist)
"OFS (oilfield equipment and service) companies are impacted by rig counts and energy prices. In the past year, WTI (West Texas Intermediate) crude oil prices fell ~12%. Crude oil prices have fallen since June 2014. The prices reached a multiyear high of ~$110 per barrel. The prices remained weak throughout 2015. Since February 11, when WTI crude oil prices reached a one-year low of $26.21, the prices increased 50%."Read more
OSHA to Propose Separate Safety Guidelines for Construction Sector (Construction Equipment)
"In 2014, about 9.8 million workers were employed in the construction sector, which accounted for nearly 20 percent of the country's 4,679 work-related deaths that year, according to the Center for Protection of Workers Rights." Read more
EquipmentWatch Announces First Highest Retained Value Award Winners (EquipmentWatch)
"EquipmentWatch, the world's leader in data, software and insights for the heavy equipment industry, has announced the winners of the first Highest Retained Value Awards. The awards recognize manufacturers in 26 different heavy equipment categories across the construction, agriculture and lift/access industries for products that show the highest residual value over the last five years." Read more
