Industry Beat - Industry Beat
Construction Equipment Distribution magazine is published by the Associated Equipment Distributors, a nonprofit trade association founded in 1919, whose membership is primarily comprised of the leading equipment dealerships and rental companies in the U.S. and Canada. AED membership also includes equipment manufacturers and industry-service firms. CED magazine has been published continuously since 1920. Associated Equipment Distributors
Home         About Us         Media Kit         Subscribe         Previous Issues         Search Articles         Meet the Staff        AED Homepage

CED Menu

Arrow Home
Arrow About Us
Arrow Media Kit
Arrow Digital Subscription
Arrow Search Articles
Arrow Meet the Staff
Arrow Trade Press Info
Arrow AEDNews

Premium Sponsor:

SECTION: Industry Beat

Questions or feedback?
Contact Kim Phelan at (800) 388-0650 ext. 340.

Industry Beat

CED Magazine, February 2009

Article Date: 02-01-2009
Copyright(C) 2009 Associated Equipment Distributors. All Rights Reserved.

Yuchai Group Enters North American Market

The company will initially offer a complete line of excavators.

Yuchai Group, a manufacturer based in Guangxi, China, has established YC Machinery & Equipment for the North American distribution of Yuchai brand construction,
material handling and agriculture equipment.

According to the company, Yuchai Group is the largest manufacturer of compact construction machinery in China, and is a major manufacturer of industrial forklifts and diesel engines. The company will initially offer a complete line of Yuchai excavators, ranging from 1.5 to 22.5 ton weight class models. Subsequent product offerings will include a line of industrial forklifts, compact dozers, generator sets, skid-steer loaders and diesel engines. Yuchai Group has been manufacturing excavators since 1990 for the domestic and export markets. Yuchai Group is traded on the New York Stock Exchange under the symbol CYD.

For more information, visit

AED Adds Two Technical Colleges to Accredited List

The AED Foundation officially accredited Minnesota State Community and Technical College, Moorhead, Minn., and Edison Community College, Piqua, Ohio, on Dec. 5, raising the total number of AED-affiliated colleges across the nation to 23.

To qualify for accreditation, post-secondary diesel and heavy equipment technology programs meet rigorous curriculum standards created by an AED technical committee comprised of dealer, manufacturer and academic experts. Last year, AED also accredited Dakota County Technical College, and recognized Central Lakes College as the first Education Alliance School.

“We are delighted to have added four technical schools to our list of accredited schools in 2008,” said Steve Johnson, executive director of The AED Foundation. “We are grateful to both Minnesota State and Edison Community College for their commitment to excellence and the high standards their faculty and administrators have demonstrated to achieve AED accreditation.”

Through a strategic program called “Vision 2012,” the Foundation is on course to further its community-based, school-to-work program through partnerships with dozens of post-secondary heavy diesel/technical schools across the country – by the year 2012 they intend to see about 1,200 ready-to-work graduates per year launching into technical careers at dealer service departments.

Past President Bob Arnold Died

Robert G. Arnold, former chief executive officer of Arnold Machinery Co. in Salt Lake City, Utah, died Jan. 3. He was 92.

He joined Arnold Machinery in August 1940 and started in the company’s farm machinery division. He also spent a few years in the parts department before serving two years in the U.S. Army in World War II.

Upon returning home, Arnold returned to the company’s construction and material handling division. Through his career, Arnold served as secretary-treasurer in 1974; treasurer and sales manager in 1948; vice president and general manager in 1964; president in 1986; chairman of the board in 1979 and retired in 1989.

He served as AED’s President in 1967, and held a variety of positions on AED committees including the executive board and Government Affairs Committee. He received AED’s highest honor, the Founders’ Award in 1975.

In 1990, AED gave Arnold an Honorary Lifetime Membership to the association. Upon accepting this honor, Arnold said his AED activities had been one of his biggest satisfactions in his business life, which extended for more than 30 years.

In the News

LiuGong Construction Machinery N.A. has appointed Brad Hargrave the director of sales in the western region. He will be responsible for further expanding and supporting current dealers in the western portion of the U.S. Hargrave brings more than 13 years of construction equipment marketing and distribution experience to the company.

Honnen Equipment Co. has appointed Brian D. Frantz to the position of chief financial officer. In his new role, Frantz will oversee all finance and accounting functions for all branches of Honnen Equipment Co. in Colorado and Wyoming. Honnen Equipment Co., based in Commerce City, Colo., is a John Deere Construction & Forestry Dealer.

IronPlanet, an online auction company, has established its European headquarters in Dublin, Ireland. IronPlanet conducts online auctions approximately every week in the U.S., Canada and Australia, with a global audience of more than 14,000 visitors participating in its U.S. auctions.

Sennebogen, a manufacturer of material handlers, has named Joel Paikin a regional sales manager for the growing Canadian market. Paikin brings more than 30 years of construction equipment experience to his new role, where he will work to elevate the Sennebogen brand name in Canada.

Sennebogen has also appointed Scott Equipment its most recent authorized equipment dealer. Scott Equipment, based in Shreveport, La., will serve Louisiana and portions of Arkansas and Mississippi.

Wells Fargo Equipment Finance Co. in Canada has hired two new territory managers to specialize in construction equipment financing. Daniel Hobbs, located in Edmonton, Alberta, will serve as territory manager for Alberta and Saskatchewan. Karl Libonati has been named territory manager for cross border sales for all of Canada. Wells Fargo Equipment Finance in Canada is a division of Wells Fargo & Co., a diversified financial services company.

Vermeer Corp. has named Glenda Vander Wilt director of marketing. She has been with Vermeer for more than 20 years, and most recently served as the market-based strategy manager. In her new role, Vander Wilt will be responsible for both the market-based strategy and corporate marketing groups. Strategically, this move allows Vermeer to better utilize the resources within both groups while allowing the company to better capture customer insight and integrate this information into product positioning and marketing activities.

Vermeer Corp. manufactures a full line of tub and horizontal grinders, brush chippers, stump cutters and tree spades, as well as horizontal directional drilling systems, mini skid-steers, utility and track trenchers and agricultural products.

Reco Equipment, a multistate distributor of heavy construction equipment based in Morristown, Ohio, has purchased the assets of Newman Equipment Inc., based in Indianapolis, Ind. With the acquisition, Reco has gained an additional branch location and now serves the entire state of Ohio, central Indiana and western Pennsylvania. Reco’s new branch is located in Indianapolis, Ind., and will primarily focus on the sales and service of Link-Belt excavators and material handlers, as well as the Takeuchi line of compact equipment.

All existing employees will join Reco Equipment in their present capacities. Newman Equipment employees Jerry Wilson and Scott Newman will serve as operations manager and sales representative, respectively.

Reco Equipment represents Liebherr, Terex, Kawasaki, NPK and JCB. Reco also operates three additional facilities in western Pennsylvania as Bobcat of Pittsburgh.

Case Construction Equipment has unveiled a newly redesigned Web site to accommodate the needs of its global audience. Featuring a dramatic new look, robust content and an intuitive site structure, the optimized site provides streamlined navigation and useful resources for visitors to the site.

The redesigned site includes convenient features to help customers determine which piece of Case construction equipment best suits their needs. A competitive comparison feature includes a database with specifications for Case equipment and comparable competitive models listed side by side. Case Construction Equipment sells and supports a full line of construction equipment around the world.

Champion Motor Graders recently appointed three new authorized dealers: Volvo Construction Equipment & Services (VCES) in Seattle, Wash.; Vantage Equipment in Syracuse, N.Y.; and Scott Van Keppel in Omaha, Neb. All three dealerships will be responsible for the sales and service of Champion’s line-up, which now includes seven basic motor grader models with operating weights from 12,000 to 24,000 pounds.

VCES will cover western Washington, Vantage Equipment will cover upstate New York and Vermont, and Scott Van Keppel will cover the states of Iowa and Nebraska.


[ TOP ]

Article Categories:  Industry News