Industry News

New Report Captures Equipment Manufacturers’ Contributions to Economy

Industry Supports 1.3 Million Jobs Across United States LAS VEGAS, Nev. March 9, 2017 – A new report released this week found that the equipment manufacturing industry supported about 1.3 million jobs and contributed over $159 billion to the Gross Domestic Product (GDP) of the United States in 2016. The… Read more »

Messe München as future partner of the Construction Machinery Trade Fair M&T Expo in Brazil

Cooperation with the Brazilian Sobratema Association Successful network expansion in the bauma cluster Klaus Dittrich: Brazil is by far the most important market in South America Messe München is further expanding its international expertise in the construction machinery sector and getting involved for the first time in Brazil: As part… Read more »

Global sales of construction equipment are expected to increase 7 percent this year, according to updated forecasts from specialist market intelligence company Off-Highway Research. The number of machines sold in 2017 is expected to reach 695,142 units worldwide, compared to the 650,133 pieces of equipment sold in 2016, which represented… Read more »

VDMA: Construction equipment industry increased  turnover by 3 percent in 2016

Industry anticipates similar growth in 2017 Open markets and an integrated Europe are crucial for the industry’s economic performance Frankfurt, February 28, 2017 – In 2016, German manufacturers of construction equipment achieved a turnover of 9.3 billion euros which is an increase of 3 percent compared to 2015. Within the same… Read more »

18% average construction industry growth observed in Uzbekistan between 2013 and 2015

The construction industry has been among the major drivers of the country’s economic growth over the past ten years. Between 2006 and 2015, the country’s construction output surged in real terms by 16.3% on average every year, and by 17.8% in the last three years. Strong growth in the construction… Read more »

Dubai, United Arab Emirates; 14 December 2016 – The GCC projects market is expected to record at best $120bn worth of contract awards in 2016, down at least a third on 2015 levels and well below what was initially forecast, as low oil prices severely impact government expenditure, according to… Read more »

Faithful+Gould & Saudi Council of Engineers hold third Professional Development Event in Riyadh on Project Management Riyadh, Saudi Arabia – December 6th, 2016 – Faithful+Gould, the leading integrated project & programme management consultancy in association with the prominent Saudi Council of Engineers held the third professional development seminar today at… Read more »

5 Tips from New AEM Fuel-Quality Infographic to Protect Tier 4 Engines MILWAUKEE (December 12, 2016) Fuel quality is critical to keep Tier 4 engines running smoothly, and the Association of Equipment Manufacturers (AEM) has released a downloadable infographic to help equipment owners and users keep their machines up and… Read more »

U.S. Construction Equipment Exports Down 25 Percent AEM

Market Update and Analysis MILWAUKEE (November 30, 2016) – Exports of U.S.-made construction equipment fell 25 percent overall for the first three quarters of 2016 compared to 2015 January – September, for a total $8.2 billion shipped to global markets. All world regions were in decline from single-digit drops for… Read more »

MILWAUKEE – The Association of Equipment Manufacturers (AEM) and the Committee for European Construction Equipment (CECE) have signed a cooperative agreement that will help promote visibility for AEM exhibitions worldwide and a positive global business environment for exhibitors as well as visitors. Sigrid de Vries, CECE secretary general, and Megan… Read more »