Friday construction headline round-up: Equipment Leasing and Finance Industry Confidence Up in November "13.3% of executives responding said they believe business conditions will improve over the next four months, up from 9.7% in October." The Construction Association: Construction employment up in October but spend down More mixed signals
Are you in outside sales for an equipment rental yard? Making sure you drop in on prospects, current clients and your best clients is the lifeblood of your book of business. However, there are only 24 hours in a day - so maximizing your time can be critical to hitting your numbers and making the [...]
Is your construction project over budget? Are you sure your estimate for a project is realistic? Thinking of your problem in a new way - with less focus on the details you know about about more emphasis on similar projects could be a way to get a better handle on what the project will actually take. [...]
Construction starts to slip back in 2020 “The recovery in construction starts that began during 2010 in the aftermath of the Great Recession is coming to an end,” stated Richard Branch, Chief Economist for Dodge Data & Analytics. Construction starts will decline but the level of activity will remain close to recent highs. Residential – The [...]
Set your company up for success in 2022 by taking advantage of a Section 179 deduction in 2021 IRS tax code now allows companies to deduct the full purchase price of qualifying equipment or software financed during the tax year. This tax incentive is designed to help small business owners. So, if you buy or lease [...]
Early Q4 GDP Forecasts: 0.7% to 2.1% Snow and ice: Fluid handling and storage tips for the winter Time Manufacturing, Versalift Acquire BrandFX Congrats on the new facility, neighbor: Company Wrench adds new Cleveland facility New: IronTek offers free website check up for construction equipment companies
Large lift equipment auctions coming up: No-reserve auction at Purple Wave November 14 United Rental holding giant sale November 21 More Q3 news: Canadian dealer Strongco reported lower revenues, higher gross profit Our long-read of the day: Equipment Leasing & Finance Industry Snapshot Equipment Leasing and Finance Foundation: 2019 Economic Outlook Industry Q4 Update snapshot U.S. [...]
JLG parent company reports access equipment net sales decreased 4.2% in the most recent quarter. Telehandler sales save overall results Rouse October, 2019 equipment report: Auction values down, retail values flat to improved News of interest to rental yards, equipment buyers: Survey shows most businesses relied on financing for at least part of their equipment and [...]
Some mid-morning aerial lift and construction equipment-related headlines. Caterpillar lays off temporary hydraulic excavator workers in Texas - “This decision is a result of market conditions and is not a reflection on the employees’ performance.” Genie's parent company announces Q3 performance - Sales down 6.8% year over year Caterpillar rolls out on-macine pricing, online sales in [...]
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