Becky SchultzBecky Schultz is editor of Equipment Today, a sister publication to OEM Off-Highway.From the Author - Page 2MaterialsFour Reasons Why Steel Prices Are On the RampageSteel prices have risen sharply since Q4 2020. Gordian's data team shares four contributing factors behind the unprecedented price increases.MaterialsIndustry and Labor Urge Biden to Keep Steel Tariffs Amid Escalating Steel PricesSeven of the leading groups representing the domestic steel industry and labor are urging President Biden to ensure steel tariffs are preserved, citing ongoing investment in domestic steel production.TrendsASV Holdings Adds Two Skid Steers to MAX-Series LineupASV LLCThe 75-hp VS-75 vertical lift and RS-75 radial lift skid steers deliver greater performance capabilities, plus a new, next-generation cab with enhanced visibility and comfort.TrendsVolvo Adds Purpose-Built EC380E Straight Boom Excavator to Demolition Tool LineupThe 38-ton EC380E Straight Boom excavator delivers 31% higher pin height and 6% more reach than the conventional configuration.Smart SystemsJohn Deere Launches SmartGrade Grade Control for ExcavatorsJohn Deere Worldwide Construction & Forestry Div.The John Deere 210G LC and 350G LC Excavators are now available with the factory-installed and calibrated SmartGrade technology with 2D and 3D grade control options.Industry NewsKobelco Suspends U.S. Excavator ProductionKobelco will halt production at its South Carolina facility while awaiting its engine supplier’s emissions certification.Market AnalysisGlobal Off-Highway Equipment Market to Grow 6.5% in 2021The COVID-19 pandemic cut 2020 global off-highway equipment growth to 2.6% but a recovery to 6.5% is projected for 2021.Market AnalysisSkid-Steer Loader Market Forecast to Grow 3% Globally Through 2031The global skid-steer market is projected to grow 3% in 2021 and maintain this pace through 2031, with the construction industry representing roughly half of market demand.TrendsVolvo Group Creates Business Area to Accelerate Electrification, Extend Battery Life CycleVolvo Group GlobalNewly created Volvo Energy business area will strengthen the company’s battery and charging infrastructure offerings, as well as provide solutions to give used batteries a second life.ConstructionHyundai Heavy Industries Selected to Acquire Stake in Doosan InfracoreDoosan Infracore Co., LTDMonths after announcing plans to sell a controlling stake in its operations, Doosan Infracore has selected Hyundai Heavy Industries as the preferred bidder.ManufacturingWorkforce Challenges Continue in Construction and Equipment Manufacturing IndustriesAttracting and retaining employees are some of the biggest challenges facing the construction and manufacturing industries.ManufacturingReshoring of Manufacturing in the U.S. Poses Benefits and ChallengesSupply chain strains experienced during the COVID-19 pandemic has brought to light the potential for bringing more manufacturing back to the U.S., and how that could impact the economy and construction industry.Previous PagePage 2 of 3Next Page
