Regardless of whether you’re looking to buy or sell used heavy equipment, we’re sure that there’s one thing you can agree on: There’s always an open ear for good news. So what’s the good news? Well, according to reports from the US Federal Government, the economy rebounded in the second quarter and is headed for…
In somewhat surprising news, Komatsu Ltd., the world’s second biggest maker of construction and mining equipment, said sales in China are falling more steeply than anticipated, joining larger peer Caterpillar Inc. in flagging fraying Asian demand. Yes, the Asian demand was all the talk within the construction industry over the past 24 months, but just…
According to a new report out by Curt Young, an investment banker with FMI Capital Advisors, the Raleigh-based investment banking firm that deals almost exclusively with engineering and construction firms across the country, the construction industry, over the next five years is poised for growth. Texas-based Expert Heavy Equipment (EHE) says they’re already prepared for the growth, which will…
The latest report released by the Association of Equipment Manufacturers (AEM) gives us a good look at a trend when it comes to U.S. construction machinery. According to the report, U.S. construction machinery exports dropped 18.8 percent in first quarter 2014 compared to 2013 first quarter. “Because Expert Heavy Equipment has very specific goals, it is imperative…
The overall economy has been growing at a steady pace through the first two quarters of the month, but that doesn’t jobs are any safer. Caterpillar just announced that it is shutting down three component facilities in Illinois. The sites, all Anchor Coupling facilities which make or distribute hydraulic hose assemblies for both Caterpillar and…
Representatives with Expert Heavy Equipment (EHE) announced today that it has entered into a 12-month contract with Equipment Data Associates (EDA). “EHE is continuing to formulate partnerships with companies that will aid in us in differentiating ourselves,” said Milissa Wise, director of operations for Expert Heavy Equipment, which is female, veteran-owned company. Wise went on…
With many global economies still struggling to recover from the worst economic downturn in more than 35 years (The Great Recession of 2007), Mexico’s construction industry grew 4.4 percent. Mexico’s goal is to be ranked in the top 30 of the World Economic Forum’s Infrastructure Index. What that means is that leaders within Mexico’s government…
Regardless of what kind of business you have or what role you play within that business, one thing is for sure: You want to be remembered by future generations to come. But ONLY those who exhibit excellence and integrity stand a chance of being remembered that way. This week the world lost one of those…
Construction contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2014, according to a recent survey by Wells Fargo Equipment Finance, a subsidiary of Wells Fargo & Company. As part of its 2014 Construction Industry Forecast, Wells Fargo’s construction Optimism Quotient– the survey’s primary benchmark for measuring contractor and equipment…
Summary: Female, veteran-owned, used heavy equipment wholesaler ends long term relationship with National Equipment Register (NER) following the purchase of a stolen backhoe that was verified by the company’s IRONcheck report that listed it as clean. Representatives with Expert Heavy Equipment(EHE) announced today that it severed ties with National Equipment Register (NER) following the purchase…