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News Stories (8 Results) - Construction Equipment

Fluor Corporation announced the divestiture of its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million.One Equity Partners, a middle-market private equity firm, announced it agreed to acquire the North... Read Story
May 13, 2021, 07:15 AM

ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, announced Chris Johnson, CLFP, has joined the company as Director of Sales for its Construction Division. In this role, Johnson will be responsible for providing growth strategy... Read Story
January 26, 2021, 07:22 AM

Ritchie Bros. held the pipeline construction event of the year in Columbus, OH, selling more than 5,000 items for more than $93 million over two days. The big highlight of the event: 138 pipelayers sold for $45 million in just two hours.The auction... Read Story
July 02, 2019, 07:12 AM

Ritchie Bros. announced it has received bankruptcy court approval to purchase the assets of Welded Construction, L.P. together with Gordon Brothers, the global advisory, restructuring and investment firm. The two companies will work together to sell... Read Story
April 29, 2019, 07:10 AM

PowerChina Trade Solution Group Ltd., one of the world's largest construction companies, has selected Ritchie Bros. as a key partner for its surplus equipment disposition. In early September, the two companies signed a multi-year agreement that will... Read Story
September 19, 2018, 07:25 AM

Associated Equipment Distributors (AED) and eight other major construction industry organizations sent separate letters to U.S. Senate leadership and the Trump administration opposing the recently implemented tariffs on steel and aluminum imported... Read Story
June 18, 2018, 08:00 AM

Construction Equipment Rental Market is expected to cross $140 billion by 2024, according to a new research report by Global Market Insights, Inc. Increasing residential and commercial construction projects globally are anticipated to drive the... Read Story
April 27, 2018, 07:10 AM

EquipmentWatch has announced its 2nd annual list of Highest Retained Value Award winners – the industry’s only award based on residual values of heavy equipment. Top honors in each category were given to the model/series projected to retain the... Read Story
February 22, 2017, 07:10 AM