|Construction Equipment Global Auction Breaks Records 16/03/2008|
The US sees record breaking industrial equipment auctions in Fort Worth and Dubai. The unreserved auction conducted by Ritchie Bros. Auctioneers attracted global buyers to the largest Fort Worth auction in the companies history. On March 5-7 2008, the auction sold close to 3,300 trucks, Caterpillar motor graders, backhoe loaders, and other industrial equipment machines for total gross auction proceeds in excess of US$57 million, which beat all the previous site records of US$46 million last year...
New Holland Making Strides Into Sa Market 14/03/2008
New Holland are expanding into the South African market with the intention of grabbing manufacturing plants in the growing market. South Africa is seen as a growing industrial market place for construction equipment with its expanding demand for machines for the countries infrastructure that has been growing in need. The South African mining industry also holds a large demand in the construction equipment market. In the last year, New Holland Construction has been looking to establish seven diff...