EQPT News

Cat Excavator makes cameo in " Transformers: The Last Knight"
Published on: Jun 28, 2017

A Cat excavator is next  to make an appearance on the big screen when it joins the team of hero robots in the highly anticipated film “Transformers: The Last Knight,” directed by Michael Bay. Along with the movie’s release, Caterpillar has announced that one of its machines has a small part in the film. The company says a Cat 320 excavator can be seen “hiding in an auto salvage yard” alongside Mark Wahlberg‘s character Cade Yeager and a group of Autobots.

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JCB116 Soil Compactor - New addition to JCB's Road Compaction portfolio
Published on: Jun 15, 2017

JCB India has added JCB116 (11T Class Soil Compactor) to its existing range of road compaction equipment. Previously the company had two world-class products - the VMT330 (3T Class Mini Tandem Roller) and the VMT 860eco (9T Class Tandem Roller).

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India will continue to be the largest market for backhoe loaders: Report
Published on: Jun 13, 2017

A new report from Persistence Market Research (PMR) says global backhoe loaders market to grow to USD 4 Bn by 2026. The top eight manufacturers account for 85% of the worldwide revenue of USD 2.14 Bn backhoe loaders market in 2015.

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John Deere Adds German Expertise With Wirtgen
Published on: Jun 08, 2017

John Deere has announced its largest acquisition to date with Wirtgen. The deal is worth over $5 billion for adding some German expertise. There is a strong strategic and financial rationale behind the deal, as the transaction could create a lot of value for John Deere in the coming years.

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Volvo unveils the EX2: First fully electric compact excavator prototype
Published on: Jun 01, 2017

Volvo Construction Equipment has unveiled a fully electric compact excavator EX2 at its inaugural Innovation Summit in London, what the company believes to be the first fully electric compact excavator prototype.

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JCB India: Railways, irrigation sectors to push construction equipment growth in 2017
Published on: May 30, 2017

JCB India, the leading earthmoving & construction equipment manufacturer, said that the two sectors i.e. railways and irrigation  will propel the growth of construction equipment industry. The company pegged the overall construction equipment growth to 10-15 per cent for 2017.

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Hyundai Construction Equipment Aims High to Reach 5th Globally by 2023
Published on: May 25, 2017

Hyundai Construction Equipment which spun off from Hyundai Heavy Industries last month, has announced its take-off to secure a place in  global top five construction machinery specialist.

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JCB machines features in latest Alien movie
Published on: May 23, 2017

A fleet of more than 20 JCB machines is playing a major role in the latest Alien blockbuster movie which released on Friday last week. Construction equipment like loaders, telescopic handlers and excavators were supplied to 20th Century Fox for the making of the new Alien: Covenant film.

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Kobelco merges in Japan and India
Published on: May 16, 2017

Kobelco, construction equipment manufacturer, has announced further  mergers of its Crane and Construction businesses. The move will affect of used crane buisness in Japan and and manufacturing and distribution operations in India.

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Volvo Construction Equipment Global Sales up 30% in Q1 2017
Published on: May 02, 2017

Volvo Construction Equipment (Volvo CE) has reported strong growth in sales numbers and profitability in the first quarter of 2017 indicating the improvement in market conditions .

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