Caterpillar Second Quarter Revenues Up $1 Billion

Caterpillar Inc. announced second-quarter 2017 sales and revenues of $11.3 billion, compared with $10.3 billion in the second quarter of 2016. Second-quarter 2017 profit per share was $1.35, compared with $0.93 per share in the second quarter of 2016. Excluding restructuring costs and a gain on the sale of an equity investment in IronPlanet, second-quarter 2017 adjusted profit per share…

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Palmer Interim Head at MSHA

August 21, 2017 – According to The National Stone, Sand and Gravel Association (NSSGA), the Trump Administration has announced its selection of Wayne Palmer to serve as acting assistant secretary for MSHA. Palmer has been serving as the Trump Administration’s chief of staff of the Department of Labor (DoL), and will be replaced there by Nicholas Geale, DoL’s solicitor. Earlier…

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KPI-JCI Offers Modular Systems

Kolberg-Pioneer Inc. (KPI), Johnson Crushers International (JCI) and Astec Mobile Screens announced their plan to offer modular structures to their system offerings. KPI-JCI and Astec Mobile Screens offer a complete line of pre-engineered modular crushing, screening and conveying components for a variety of applications. The modular systems feature bolt-together design for simple installation, smaller site footprint and easy access for…

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July Construction Starts Increase 6 Percent

The value of new construction starts in July advanced 6 percent from the previous month to a seasonally adjusted annual rate of $728.1 billion, it was reported by Dodge Data & Analytics. Leading the way was a 26 percent jump by the nonbuilding construction sector, which reflected an improved level for public works and the start of two massive power…

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Indeco Names Two New Dealers

Indeco North America, a provider of fuel-saving hydraulic breakers, compactors, steel shears, crushers, grabs and pedestal booms, added two new official dealers – Gibson Machinery, LLC and W.I. Clarke – to its ever-expanding distribution network. Bill Pankracij, Indeco North America PR analyst, noted, “Indeco is pleased to partner with W.I. Clark and Gibson Machinery. As dealers with many years of experience in…

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Neal Promoted to Bridgestone OTR President

Bridgestone Americas announced that Bridget Neal has been named president, off-the-road (OTR), Bridgestone Americas Tire Operations (BATO), effective Aug. 14. Neal succeeds Taylor Cole, who recently was named president of Firestone Building Products LLC. “Bridget has developed extensive knowledge of the commercial tire business across her 15 year career with Bridgestone,” said Kurt Danielson, president, commercial group, U.S. and Canada, BATO. “She…

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