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Equipment Market Outlook: Page 21
Engineering & Manufacturing
Deere & Co. reports fourth quarter earnings of $649 million
John Deere Ag and Turf Division
Deere & Co.'s total net income for the 2014 fourth quarter was $649.2 million, with net sales and revenue down 5% for both the quarter and the full year.
Market Analysis
Volvo Group truck deliveries decreased 5% in October
Volvo Group Global
Volvo Group's truck deliveries in October decreased 5%, though deliveries in North America increased 21%.
Engines
Donaldson reports 2015 first quarter results
Donaldson Company Inc.
Donaldson reports a strong first quarter for the 2015 fiscal year, and anticipates a record year with sales increasing 1 to 5%.
Engines
Omnitek Engineering reports higher revenues for the third quarter of 2014
Omnitek Engineering Corp.
Omnitek Engineering's revenues for the third quarter of 2014 increased 29.6% compared to the same period in 2013.
Drivetrains
BKT achieves 30% growth in U.S. market over past five years
BKT USA Inc.
BKT has achieved 30% growth in the U.S. over the past five years, and had a turnover of 780 million U.S. dollars during its 2014 financial year.
Engines
DEUTZ releases new forecast based on third quarter financial results
DEUTZ Corporation
Upon the release of its third quarter 2014 financial results, DEUTZ has lowered its forecast for the current financial year.
Electronics
Regal Beloit reports third quarter sales
Regal Rexnord Corporation
Regal Beloit reports a slight increase in sales for the third quarter of 2014 compared to the same period last year.
Drivetrains
Titan reports sales down 9.6% for third quarter 2014
Titan Tire Corp., a subsidiary of Titan Intl.
Titan's 2014 third quarter sales were down 9.6% due in part to reduced demand for large agricultural and mining equipment.
Electronics
B&R expecting record sales for 2014
B&R Industrial Automation Corp.
B&R is expecting record sales for 2014, already surpassing its yearly goal of a half-billion euros.
Hardware
Timken announces 8% sales increase for third quarter 2014
The Timken Company
Timken reports it had an 8% sales increase for the third quarter of 2014.
Engines
Cummins reports strong third quarter financial results
Cummins Inc.
Cummins' financial results for the the third quarter of 2014 show a revenue increase of 15% compared to the same period last year.
Drivetrains
Allison Transmission reports 19% sales increase for third quarter
Allison Transmission
Allison Transmission reports its third quarter sales were up 19% compared to the same period in 2013.
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