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Market Analysis
Industry News: Page 236
Trends
INTERMAT 2018 Means Innovation, Intelligent Design, and Introductions
The triennial show will highlight key technology and vehicle introductions for the construction industry.
Smart Systems
Caterpillar Partnering with Minetec to Develop Underground Hard Rock Mining Technology
Caterpillar Inc.
Caterpillar and Minetec will integrate solutions into Cat MineStar that expand its capabilities through the use of improved high precision tracking and wireless communication, and proximity detection.
Industry News
Several Vehicles Launched at Record-Breaking Work Truck Show 2018
NTEA – The Work Truck Association
NTEA reports a total of six vehicles were launched at the show, over 175 new products were introduced, and a record 13,570 attendees, making it the largest in history.
Industry News
Terex Imposing Surcharge in Response to U.S. Steel Tariffs
Terex Corporation
Terex President and CEO John Garrison says steel prices have been rising steadily for several months and the proposed tariffs have driven prices even higher, prompting the implementation of a surcharge.
Industry News
Enabling the Next Generation of AI System Developers
An engineering school’s new academic facility will provide students with the skills necessary for careers utilizing artificial intelligence and other advanced technological systems.
Tires & Wheels
Alliance Agriflex 372 IF 1250/50R32 CFO Tire
Yokohama Off-Highway Tires (YOHT)
The Alliance Agriflex 372 IF 1250/50R32 CFO tire features increased flexion sidewall technology to carry up to 22,480 lbs. at an inflation pressure of 46 psi.
Construction
CECE Releases Annual Economic Report 2018
CECE - Committee for European Construction Equipment
The CECE report shows sales of construction equipment in Europe grew 15% in 2017, and equipment sales are expected to increase 5-10% in 2018.
Industry News
AEM Elects Directors to AG and CE Sector Boards
Association of Equipment Manufacturers (AEM)
Rusty Fowler, President & CEO of Krone NA; Rick Johnson, CEO of Charles Machine Works; and Bryan Rich, Chairman & CEO of SmartEquip have been elected to AEM leadership roles.
Trends
FlixBus First Worldwide to Test E-Buses within Long-Distance Bus Network
Beginning in April, the first all-electric Flix-E-Buses will begin test operations with the premiere route between Paris and Amiens, France.
Bearings
NKE Austria Agri Units Bearings
NKE Austria GmbH
The NKE Austria Agri Units bearings feature an optimized internal geometry which maximizes load capacity and tilting rigidity.
Forestry & Lawn
GIE+EXPO Already Setting Records in 2018
GIE+EXPO
GIE+EXPO organizers are predicting a 25,000-net-sq.-ft. increase in the show floor due to an increase in exhibitors, as well as returning exhibitors expanding their booth space.
Trends
Volvo Electric Bus Sales Total More than 4,000
Volvo Group Global
With its latest order for 90 hybrid buses for Brussels, Volvo has now sold over 4,000 electric buses around the world.
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