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Market Analysis
Industry News: Page 260
Industry News
Parker Reports Fiscal 2018 First Quarter Results
Parker Hannifin Corp.
Parker first quarter 2018 sales increased 23% to a first quarter record of $3.36 billion, and organic sales increased 7%.
Industry News
AEM says Tax Cuts and Jobs Act a Big Step Forward
Association of Equipment Manufacturers (AEM)
AEM President Dennis Slater says the equipment manufacturing industry commends the new tax plan for being an important step on the path toward achieving pro-growth, pro-manufacturing tax reform.
Military
Oshkosh Defense Awarded Contract from U.S. Marine Corps for Additional P-19R ARFF Vehicles
Oshkosh Corporation
The U.S. Marine Corps has awarded Oshkosh Defense a delivery order valued at more than $19 million for an additional 31 P-19R Aircraft Rescue and Firefighting (ARFF) vehicles.
Industry News
Terex Announces Third Quarter Results
Terex Corporation
Terex President and CEO John L. Garrison says third quarter financial results demonstrated the accelerating momentum across Terex with all three segments experiencing increased sales and improved operating margin.
Industry News
CNH Industrial 2017 Third Quarter Revenues up 15.3%
CNH Industrial
CNH's third quarter revenues were up 15.3% compared to the third quarter of 2016, and market conditions across major segments have been solid year-to-date.
Lighting
Peterson Ag Equipment Light Meets New Federal Requirements
Peterson Mfg. Co.
Peterson's 6 in. oval flashing LumenX LED Turn/Marker/Warning light meets the new Federal requirements to enhance the visibility and safety of ag equipment.
On-Highway
FTR Shippers Conditions Index Shows Significant Drop in August due to Short-Term Fuel Cost Increase
FTR Transportation Intelligence
The FTR Shippers Conditions Index dropped to a -6.7 reading in August primarily due to short-term fuel cost increases caused by Hurricane Harvey disruptions, as well as increased logistic costs for shippers that are expected to persist into 2018.
Agriculture
AGCO Reports Third Quarter Results
AGCO Corporation
AGCO third quarter sales increased 12.8% compared to 2016, and sales for the first 9 months of the year are up 8.7%.
Construction
KOBELCO USA to be Honored with AEM Pillar of the Industry Award
KOBELCO Construction Machinery America LLC
KOBELCO is receiving the award for its efforts in advocating pro-manufacturing solutions to elected leaders and voters, as well as its participation in AEM’s I Make America program.
Monitors/Display
Trimble GFX-750 ISOBUS-Compatible Display
Trimble Inc.
The Trimble GFX-750 display's ISOBUS compatibility allows one display or terminal to control several implements and machines, regardless of manufacturer.
302 to 602 HP
FPT Unveils New Cursor 13 Natural Gas Engine
FPT Industrial
FPT's new Cursor 13 NG engine delivers up to 460 hp and is capable of running on CNG, LNG, methane and biomethane.
Agriculture
John Deere to Celebrate 100 Years of Tractors in 2018
John Deere Ag and Turf Division
John Deere has announced several events to celebrate a century of making tractors.
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