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Doosan, H&E, Deliver Loaders to ODOT

HE_Equipment_Services_deliveryMay 5, 2011 – A total of 24 Doosan DL200 wheel loaders were delivered by H&E Equipment Services to the Oklahoma Department of Transportation (ODOT). Deliveries were made to eight ODOT facilities throughout the state by H&E Equipment Services locations in Tulsa and Oklahoma City, OK. Except for special ODOT yellow paint, all of the units were ordered with standard equipment. The machines will be used to load sand, salt and road building materials at ODOT facilities. DL200 wheel loaders have an operating weight of 25,851 pounds and are powered by 143-hp, 6-cylinder Doosan DL06 diesel engines. They are equipped with standard 2.6-cu.-yd. buckets. Like every Doosan machine, the DL200 wheel loaders are covered by an innovative 48-hour parts guarantee. The program guarantees that if a “machine-debilitating” part is needed, Doosan will deliver this part to the end user within two business days or Doosan will pay for a replacement machine rental.

A 426 Percent Increase?

Cat_logoMay 3, 2011 – You'd probably feel pretty good about your business right now if you just had a 426 percent increase, right? Well, Caterpillar exceeded all expectations with first-quarter 2011 profit of $1.225 billion compared with a profit of $233 million in the first quarter of 2010. That is an improvement of 426 percent. While higher sales volume played a role, $90 million of the improvement was due to the absence of a tax charge from the first quarter of 2010 related to enactment of U.S. health care legislation. Cat executives noted that demand continued to improve, they increased production, cost control was excellent and operating profit margin improved. Copy that formula!

Eagle Crusher Co. Names VP of Sales And Marketing

Eagle Crusher Co. named Brad Kemerling vice president sales and marketing. CEO Susanne Cobey said, “Brad brings a highly successful 25-year sales-management background in the bulk material handling and mining industries, which will enable Eagle Crusher to expand into new products and market segments globally.”

Read more: Eagle Crusher Co. Names VP of Sales And Marketing

Astec Industries Grows 19 Percent in First Quarter

Astec Industries has released its first quarter 2011 report. Revenues for the first quarter of 2011 were $230.2 million compared with $193.5 million for the first quarter of 2010, a 19 percent increase. Domestic sales grew 13.9 percent compared to the first quarter of 2010 and international sales grew 29.2 percent compared to the first quarter of 2010.

Read more: Astec Industries Grows 19 Percent in First Quarter

Volvo Names New President

Patrick Olney, 42, was named president and CEO of Volvo Construction Equipment, effective May 1. Olney has extensive experience spanning 17 years in the construction equipment industry, with 10 of these in senior management roles within Volvo CE. During 2001 – 2004 he was the CFO of Volvo CE, and was then appointed president of Volvo Motor Graders, a position he held until becoming president of Volvo Road Machinery in 2007.

Read more: Volvo Names New President