Building a Foundation for Growth in the Global Market

The 2014 Heavy Equipment Outlook: Construction Equipment

September 24, 2013

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AlixPartners’ 2014 Heavy Equipment Executive Survey and Outlook: Construction Equipment reveals that original equipment manufacturers (OEMs) are operating in a complex and challenging business environment. Weak demand paired with extensive overcapacity in the global
construction equipment market is sparking an intense global rivalry between multinational and Chinese players.

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Speakers: Kathy Wells, Editor-in-Chief, Equipment Today and OEM Off-Highway; Marina Mayer, Content Director, IRONMARKETS

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PHINIA Inc. has completed its acquisition of Swedish Electromagnet Invest AB (SEM) to enhance its capabilities in ignition systems for alternative fuels used in on- and off-highway applications.

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DEUTZ Power Center Southeast Acquires JLG Service Center, Expands Operations

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The strategic move will allow DEUTZ to expand its service capabilities in the region and continue as a JLG Authorized Service Provider.

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Hydraquip Partners With Vanguard to Expand Electrification Offerings

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BorgWarner to Supply Turbochargers for Global OEM's Next-Generation Vehicles

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AGCO to Open Expanded Visalia Parts Distribution Center

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Scheduled to begin operations in late 2026, the company's new 115,000-square-foot facility will replace its existing center and feature advanced warehouse automation.

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Komatsu, Pronto Launch Autonomy Solution for Quarry Trucks

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Bailey International Names Scott Andrews VP of Sales

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Andrews will work closely with Stan Schultz, the company's current vice president of sales, and transition into this role over the next few months as Schultz prepares for retirement.

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Volvo CE Set to Acquire Swecon and Boost Operations

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The move adds to Volvo CE's operations in key markets, including Germany, which is Europe’s largest construction equipment market, Sweden, Volvo CE´s home market, as well as Estonia, Latvia and Lithuania.

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