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Construction Equipment Industry News AEDNews is the weekly electronic newsletter published by AED. Contact Kim Phelan at (800) 388-0650 ext. 340. with any questions or feedback.
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Industry News

House Moving on Highway Bill

President of Coble Trench Safety Dies in Plane Accident

Single-Family Housing Starts Rise 4.4 Percent in December

Xylem Breaks Ground on Godwin Pumps Manufacturing Facility Expansion

Trimble and Manitowoc Cranes Enter into a Development Agreement

Construction Materials Prices Drop in December, Up for 2011

Construction Employment Below Peak Levels in Every State

GE Capital Expands Construction Finance Business

Manitex International Announces Record Backlog

Equipment Industry Urges Canada’s Admission to Pacific Trade Talks

Sandvik Reduces Workforce in Mining and Construction

President Obama Rejects Keystone Pipeline

GAO Study Finds Appraisal Process Inadequately Monitored

Another Test Finds LightSquared Satellite Service Interferes with GPS

Finning to Acquire Portion of Bucyrus Distribution Business from Caterpillar

U.S. Transportation Secretary LaHood Announces $40.8 Million to Improve Access to America’s National Parks, Forests, Wildlife Refuges

Scranton Gillette/SGC Horizon Survey Predicts Construction Markets to Be Off in 2012

Competition in Building Construction Industry Restrains Price Increases

Survey Confirms Voters Value Home Ownership

Volvo Launches New iPad App for Spirit Magazine

2012 U.S. Energy Sector Overview Featured on CIT’s Executive Spotlight Series

John Deere Sets World Record with Combine Constructed from Food

Canadian Home Sales Edge Higher in December

Caterpillar Designates Energy International as Global Provider of International Power Projects

Atlas Copco Enters Market for Dimension Stone Drilling Equipment

Toromont Appoints New President and CEO

LiuGong Completes Acquisition of HSW

AED Leads Construction Industry Call to President Obama: Approve Keystone XL Now!

Highway and Water Funding Cut in FY 2012

Hertz Equipment Rental Acquires DW Pumps

CMHC Releases Comprehensive Report on the State of Housing in Canada

Over 100,000 People Complete IPAF Training in 2011

U.S. Transportation Secretary LaHood Announces Close to $1.6 Billion in Funding for Repairs to Damaged Roads and Bridges

Manufacturing Expands in December

Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2012

Construction Employment Increases by 17,000 in December as Industry's Unemployment Rate Hits 16 Percent

List of Improving Housing Markets Nearly Doubles in January

Homeownership is Under Attack

Mascus Announces New Mobile Website Solution for Heavy Equipment Dealers

Builders Applaud Fed Report on Housing

Caterpillar Expands Research and Development Center in China

Infor Reports 17 Percent Annual Organic License Growth and 16 Percent Organic License Growth for the Most Recent Quarter

Construction Spending Hits 17-Month High in November

Vancouver Launches Diesel Emissions Tax

FMCSA Releases Final Hours of Service Rule

Atlantic Heavy Equipment Show Returns to New Brunswick on March 29-30, 2012

Joy Global Inc. Completes Acquisition of Controlling Interest in China-Based International Mining Machinery Holdings Limited

Illinois Tollway Announces $609 Million Construction Program in 2012

Nominate a Technician for AEMP Technician of the Year

ASHTO Reveals Top 10 Transportation Issues in 2012

2012 Transportation Construction Market Outlook Mixed, ARTBA Annual Forecast Finds

Skanska Acquires Construction Company in Indiana

U.S Chamber President and CEO Calls on White House to Approve Keystone XL Pipeline Permit

Coalition to Save Our GPS Responds to LightSquared

Ritchie Bros. Sets New Records in Final Auction of 2011

EPA Issues First National Standards for Mercury Pollution from Power Plants; National Mining Association Says Rule is Bad for American Workers and the Economy

ELFA Survey of Economic Activity: November Index Down Slightly from Prior Month

CNH Invests in New Manufacturing Plant in China

Architectural Billings Index Turns Positive

Depreciation Bonus, Keystone Caught Up in Payroll Tax Cut Bill Imbroglio

New Outlook Report Forecasts Rise in Investment in Equipment and Software in 2012

Value of Building Permits Up in Most Canadian Provinces

Secretary LaHood Announces Funding for 46 Innovative Transportation Projects Through Third Round of Popular TIGER Program

Report: More Than 70,000 Jobs Tied to Shale Gas

Abundance of Shale Gas Resources May Spark Manufacturing Renaissance in the U.S., According to PwC US

United Rentals to Acquire RSC Holdings

AEM Releases Annual Construction Equipment Business 'Outlook'

Kubota Enters Consumer Rental Market, Partners With Compact Power Equipment Centers

Wajax Announces Appointment of New President & CEO

Liugong Expands Financing Program to Europe

Flawed Appraisals Killing Home Sales, Hampering Housing Recovery

Index Shows Continued Improvement for Apartment and Condominium Market

U.S. and Canada Issue Action Plans for Improved Infrastructure and Regulatory Cooperation

NLRB Posting Not Yet Required

House Votes to REIN in Regulation

Hyundai Construction Equipment Celebrates Americas Headquarters Grand Opening Near Atlanta

Atlas Copco Receives International Acclaim for Innovation and Sustainability

Sunbelt Rentals Grows 25 Percent in First Half of Fiscal Year

Lease Accounting Proposal Threatens Widespread Negative Impact on U.S. Economy, Foundation Study Finds

Titan Machinery's Q3 Results Beat Expectations

Volvo Rents Opens First Kansas Locations Through Newest Acquisition

Ritchie Bros. Auctioneers Surpasses US$1 Billion in Annual Online Sales of Equipment

Cummins Takes on Better Buildings, Better Plants Challenge

Manufacturing Expands for 28th Consecutive Month

FHWA Cuts Red Tape, Frees State DOTs to Deploy Innovative Solutions

Sentry Insurance Safety Webinar Offers Driving Tips for the Winter Months

Construction Spending Increases for Third Straight Month in October

U.S. Department of Transportation Signs $900 Million Funding Agreements Advancing Light Rail in Houston

Boyanovsky to Retire from CNH Global, Replacement Named

Caterpillar and Anqing CSSC Diesel Engine Establish Joint Venture to Produce Medium-Speed Marine Engines in China

New-Home Sales Rise 1.3 Percent in October

Odyssey Investment Partners Acquires TNT Crane and Rigging

Vermeer Corporation and Kubota Canada Ltd. Announce Retail Financing Agreement

House Delays Highway Action Until 2012

House Passes Workforce Democracy & Fairness Act, as NLRB Proceeds on Ambush Elections

House Approves Regulatory Reform Bills

Super Committee Failure Could Mean Cuts to Federal Infrastructure Investment

Cat Auctions to Hold Huge Mining Equipment Auction in Norton, Va., on Dec. 20

Blue-collar Openings to Rise to 6.7 million by 2018, Study Shows

Bridgestone Announces Price Increase on Off-Road and Continuum Products

Action Needed: House to Consider Regulatory Reform Bills

Slow Job Growth Tied to Slow Construction Recovery; Forecast Puts Robust Cement Consumption Off Until 2014

New-Home Sales Rise 1.3 Percent in October

U.S. Transportation Secretary LaHood Announces More Than $215 Million for Repairs to Damaged Roads and Bridges

Construction Employment Rises in 25 States and the District of Columbia in October

Researchers Identify the Most Congested Corridors

Canadian Equipment Rental Fund Limited Partnership

Deere's Construction and Forestry Sales Up 45 Percent in 2011

AED Partners with ADP Performance Inc. to Offer Construction Equipment Dealer 20 Groups

House Wakes to Importance of Infrastructure Investment

Volvo Rents Acquires SCS Equipment, Inc.

Caterpillar Celebrates Grand Opening of Winston-Salem Manufacturing Facility

Construction Materials Prices Cause Difficulty for Contractors

Cummins Inc. Announces Expansion of Test Facilities

Equipment Finance Industry Confidence Improves in November

Atlas Copco Named a Top Global Innovator

AED Scores Major Victory as Congress Approves Contractor Withholding Tax Repeal

Single-Family Housing Starts, Permits Rise in October

As More Markets Stabilize, Housing Affordability Hovers Near Record Levels for 10th Consecutive Quarter

ASC Passes Distribution of Volvo Construction Equipment in Alabama to Cowin Equipment Co. Inc.

ABC Predicts 2012 Will Be A Slow Year for Construction

Construction Activity Stalls in Third Quarter

Titan Machinery Expands to Romania

NJTPA Funds Clean Construction Equipment in Urban Areas

Navman Wireless Wins Prestigious 2011 Chicago Innovation Award

Builder Confidence Declines in Third Quarter for 55+ Housing Market

Bobcat Announces Price Increase

Finning Revenue Up 10 Percent in Q3

Obama Punts on Keystone XL

Three Percent Withholding Tax Repeal Approved in Senate, Moves to House

Key Senate Committee Approves Highway Bill

Mascus Enters the Chinese and Taiwanese Markets

Deere & Company Applauds Russia's Accession to WTO; Urges Swift Congressional Passage of Permanent Normal Trade Relations

Atlas Copco Builds New Compressor Factory in China

Essex Rental Corp. Reports 2011 Third Quarter Results

Caterpillar to Make Offer to Acquire ERA Mining Machinery Ltd.

Caterpillar to Open Mini-Hydraulic Excavatr and Small Track-Type Tractor Manufacturing Facility in North America

Caterpillar Expands Capacity for Mining Trucks and Large Track-Type Tractors

Foley Equipment Company to Acquire Kansas City, Mo. Caterpillar Dealer

Cat Auction Services Announces Dec. 14 eQuipment Yard Online Timed Auction

Cat Auction Services Announces Partnership with Carter Machinery

Strong Results for Rocky Mountain Dealerships

Highways in the Spotlight on Capitol Hill

Ritchie Bros. Auctioneers Exceeds US$5 Billion in Online Equipment Sales

Proposed OSHA Reporting Rule Is Counterproductive to Workplace Safety, ARTBA Says

Deere Selected as a Top Company for Leadership Development

John Deere Pavilion Announces Major Renovation

Manufacturing Expands for 28th Consecutive Month

Wajax Revenues Rise 23 Percent in Third Quarter

H&E Equipment Posts Third Quarter Revenue Up 19.8 Percent vs. Prior Year

Construction Spending Increases Slightly in September But is Down by Over $10 Billion for the Year as Public Spending Declines

AEMP Seeking Applications for Technician of the Year Awards

New Alliance to Protect Heavy Equipment Buyers and Sellers

Caterpillar Completes Acquisition of MWM

Cat to Produce Off-Highway Trucks in Russia

Caterpillar Launches a New Online Learning Platform

AEM Hall of Fame Announces New Inductees

Tognum Takes Initial, Decisive Measures Regarding Ongoing Compliance Investigation

Terex Equipment Available at Home Depot

Mica Sees New Transportation Bill as a Jobs Bill

CNH Global Third Quarter Sales Increase 30 Percent

CNH Announces $500 Million Notes Offering

EPA Develops New Planning Approach to Improve Water Quality in U.S. Cities

Joy Global Inc. Announces Completion of Transaction to Sell Drilling Products Business

Equipment Leasing & Financing Association Reports September New Business Volume Up by 25 Percent Year-Over-Year, Month-to-Month and YTD

EquipmentEngine Named Approved Logistics Services Provider for IronPlanet

Volvo CE Sales Up 27 Percent in Third Quarter

Terex Reports Third Quarter Results

Caterpillar Reports Record Third-Quarter Sales and Revenues

$60 Million Ritchie Bros. Auction in Edmonton, Alberta, Attracts Bidders from 37 Countries

Contractor Withholding Tax Repeal Sails Through House

Colorado Auction from Cat Auction Services Draws 41 Percent Online Buyers

SANY America to Build New R&D Facility in Peachtree City, Ga.



Event Calendar

Webinar: Parts Management - Basic Inventory Control
February 13, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee

Webinar: Parts Management - Tele-selling
February 13, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Parts Management - Pricing
February 14, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee

Webinar: Parts Management - Warehousing
February 14, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Industry Financial Updates for CEO/CFOs
Topic: Bonus Depreciation; do you have a plan if it goes away?
February 21, 2012 2:00 p.m. CST
Presented by Garry Bartecki, CPA and Ron Hodgeman, WTP Advisors

Webinar: Dealing with Difficult Customers
February 23, 2012
10:00 a.m. to 11:30 a.m. CST
Presented by Christine Corelli

Webinar: Service Management - Inspection
March 5, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Service Management - Work Order Processing
March 5, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee

Webinar: Service Management - Labor Rates
March 6, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Service Management - Service Organization
March 6, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee

Parts Management Unit I: When It's Right (WIR I)
Presented by Ron Slee
March 19 - 20, 2012
Dallas, TX

Service Management Unit I: When It's Right (WIR I)
Presented by Ron Slee
March 21 - 22, 2012
Dallas, TX

Webinar: Product Support - Calculating Customer Life Cycle Value, it's easier than you think!
April 3, 2012
10: 00 a.m. to 11:30 a.m. CDT
Presented by Rich Jilek

Webinar: Sell Process - Your Offense
April 10, 2012
10 a.m. to 11:30 a.m. CDT
Presented by Don Buttrey
Sales Professional Training™

Webinar: Parts Management - In-store Merchandising
April 16, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Webinar: Parts Management - Purchasing and Expediting
April 16, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

Webinar: Parts Management - Best Practices
April 17, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Webinar: Parts Management - Standards of Performance
April 17, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

Webinar: Service Management - Flat Rating/Standard Jobs
April 23, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

Webinar: Service Management - Labor Efficiency
April 23, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Webinar: Service Management - Shop Floor Scheduling
April 24, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Webinar: Service Management - Standard of Performance
April 24, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

AED's CFO Conference: Financial Issues For Distribution Executives
May 3 - 4, 2012
Oak Brook, IL

Webinar: Sell Process - Your Defense
May 8, 2012
10 a.m. to 11:30 a.m. CDT
Presented by Don Buttrey
Sales Professional Training™

Webinar: Industry Financial Updates for CEO/CFOs
June 5, 2012
2:00 p.m. CDT
Presented by Industry Financial Experts

Webinar: Hiring and Retaining Quality Employees
June 7, 2012
10:00 a.m. to 11:30 a.m. CDT
Presented by Christine Corelli

Webinar: Product Support - Parts Profit Disbursement; Parts or Service, a question of the budget process
June 12, 2012
10:00 a.m. to 11:30 a.m. CDT
Presented by Rich Jilek

Parts Management Unit II: Performance Excellence (PE)
Presented by Ron Slee
June 18 - 19, 2012
Dallas, TX

Service Management Unit II: Performance Excellence (PE)
Presented by Ron Slee
June 20 - 21, 2012
Dallas, TX

Webinar: The Serve Process
September 18, 2012
10:00 am to 11:30 am CDT
Presented by Don Buttrey
Sales Professional Training™

Webinar: Product Support - Customer Satisfaction, Development and Measurement
September 19, 2012
10: 00 a.m. to 11:30 a.m. CDT
Presented by Rich Jilek

Webinar: Industry Financial Updates for CEO/CFOs
September 20, 2012
2:00 p.m. CDT
Presented by Industry Financial Experts

Webinar: Service Management - Inspection
September 24, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Webinar: Service Management - Work Order Processing
September 24, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

Webinar: Service Management - Labor Rates
September 25, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Webinar: Service Management - Service Organization
September 25, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

Test Drive: The Business War Game for Distributor Operations
October 2 & 3, 2012
Oak Brook, Illinois
Presented by Jeffrey Lefebvre, Ph.D - PriSim Business War Games

Webinar: Managing and Motivating Your Employees In Today's New Reality
October 11, 2012
10:00 a.m. to 11:30 a.m. CDT
Presented by Christine Corelli

AED's CFO Conference: Financial Issues For Distribution Executives
October 11 - 12, 2012
Oak Brook, IL

Webinar: Parts Management - Basic Inventory Control
October 15, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

Webinar: Parts Management - Tele-selling
October 15, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Webinar: Parts Management - Pricing
October 16, 2012
2:00 p.m. to 3:00 p.m. CDT
Presented by Ron Slee

Webinar: Parts Management - Warehousing
October 16, 2012
11:00 a.m. to 12:00 noon CDT
Presented by Ron Slee

Parts Management Unit I: When It's Right (WIR I)
Presented by Ron Slee
November 5 - 6, 2012
Chicago, IL

Service Management Unit I: When It's Right (WIR I)
Presented by Ron Slee
November 7 - 8, 2012
Chicago, IL

The Four Pillars Of The Sales Profession™ For Dealers
Presented by Don Buttrey
November 6, 7 & 8, 2012
Dayton, OH

Parts Management Unit III: Realizing Market Potential (RMP)
Presented by Ron Slee
November 12 - 13, 2012
Palm Springs, CA

Service Management Unit III: Realizing Market Potential (RMP)
Presented by Ron Slee
November 14 - 15, 2012
Palm Springs, CA

Webinar: Parts Management - In-store Merchandising
December 3, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Parts Management - Purchasing and Expediting
December 3, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee

Webinar: Parts Management - Best Practices
December 4, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Parts Management - Standards of Performance
December 4, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee

Webinar: Industry Financial Updates for CEO/CFOs
December 6, 2012
2:00 p.m. CST
Presented by Industry Financial Experts

Webinar: Service Management - Flat Rating/Standard Jobs
December 10, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee

Webinar: Service Management - Labor Efficiency
December 10, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Service Management - Shop Floor Scheduling
December 11, 2012
11:00 a.m. to 12:00 noon CST
Presented by Ron Slee

Webinar: Service Management - Standard of Performance
December 11, 2012
2:00 p.m. to 3:00 p.m. CST
Presented by Ron Slee