News

The COVID-19 pandemic continues to have a significant impact on the financial results for Wacker Neuson in the third quarter of 2020. The firm says that revenue for the third quarter of 2020 is €390.8 million, 16.5% below that of the €468.2 million for 2019, while the EBIT margin has dropped by 3% to 5.8%. Revenue for the first nine months of the year amounted to €1.187.5 billion, a drop of 16.4% from the €1.4208 billion for the first nine months of 2019.

Companies should act quickly to ensure they take full advantage of tax relief for the purchase of plant and equipment, according to JCB.

The AED's (Associated Equipment Distributors) CEO Brian P. McGuire issued the following statement on the 2020 presidential election being called for vice president Joe Biden.

German construction machinery manufacturer Liebherr reports steady demand for equipment, despite the current pandemic. This comes against the backdrop of slightly weaker growth on global markets.

Scottish quarrying and construction materials company Tillicoultry Quarries is supporting the development of a local environmental development project at Gifford Community Woodland.

Holcim Deutschland is to move to new headquarters in Hamburg at the end of the first quarter of 2022.

The World of Asphalt Show & Conference and the AGG1 Academy & Expo will not be held in Atlanta in 2021 due to concerns related to Covid-19.

The Mineral Products Association (MPA) has warned of the potential dangers to cyclists from overtaking heavy vehicles, including concrete mixers and HGVs, on the left, as proposed in the updated version of the Highway Code.

Engine manufacturer DEUTZ has presented Professor Wolfgang Reitzle with the Nicolaus August Otto Award that recognises visionaries and innovators in the fields of alternative drives, transport, energy efficiency, cutting-edge technology and future-focused research.

Sandvik Mobile Crushers and Screens has appointed Bergerat Monnoyeur (BM) as its new distributor for Romania.