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Report: U.S. GDP Will Lose $290 billion Due to Tariffs

MIF031819 AEMWith tariffs continuing to take a toll on U.S. businesses, farmers, communities, and families across the country, a new report by IHS Markit outlines the impact of tariffs on the equipment manufacturing industry and the broader U.S. economy.

Read more: Report: U.S. GDP Will Lose $290 billion Due to Tariffs

Sandvik Mining Academy Registration Open

MF022219 SandvikRegistration is now open for Sandvik's second Mining Academy Seminar. It will take place at the Seelbach Hilton, Louisville, Ky., on Oct. 29-31. 

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Kespry Features Innovations at World of Concrete

MF DroneDrone-based aerial intelligence solution provider Kespry highlighted its new construction industry-focused innovations at the World of Concrete show in Las Vegas in collaboration with John Deere's exhibit.

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Caterpillar 2018 Sales and Revenue Up 20 Percent

MF021119 CatlogoCaterpillar Inc. announced fourth-quarter and full-year results for 2018. Sales and revenues in the fourth quarter of 2018 were $14.3 billion, compared with $12.9 billion in the fourth quarter of 2017, an 11 percent increase. Fourth-quarter 2018 profit was $1.78 per share, compared with a loss of $2.18 per share in the fourth quarter of 2017. Adjusted profit per share in the fourth quarter of 2018 was $2.55, compared with fourth-quarter 2017 adjusted profit per share of $2.16, up 18 percent.

Read more: Caterpillar 2018 Sales and Revenue Up 20 Percent

AEM Unveils New Logo

AEMlogo squareThe Association of Equipment Manufacturers (AEM), the North American-based international trade group representing off-road equipment manufacturers and suppliers, unveiled a new brand identity to reflect how its more than 1,000 members build momentum for the industry.  

Read more: AEM Unveils New Logo