Finance & Funding

Moffat Consulting & Technology has developed an interactive information application (App) for a leading used construction equipment and machinery supply firm. European Plant & Machinery Sales (EPMS) is the latest company to have a new interactive iPhone / iPad App developed for them by Moffat, the technology arm of Resale Weekly. According to EPMS, the App will improve the overall satisfaction and efficiency of potential buyers and sellers in the global marketplace. The new EPM App, as it has become known,

New finance packages are now available for Caterpillar customers based in Africa, following an agreement between Cat Financial Services and Standard Bank. Standard Bank is Africa’s largest banking group and has set up a collaboration agreement with Dubai-based Caterpillar Financial Services (Dubai) Limited (Cat Financial). This new partnership will offer a range of financial services to Caterpillar customers in six African countries. The collaboration will be branded Cat Financial Services, Services Provide

Biedermann Unterhalt & Vertrieb (BUV) has signed an agreement to promote CDE’s range of washing equipment throughout Switzerland. CDE said they chose BUV due to its extensive experience in both the mobile and stationary screening equipment market. The BUV agreement will form part of what CDE claim will be a construction industry first-of-its-kind distribution model it intends to launch before the end of 2012. “The CDE equipment range is a complement to the existing equipment that BUV offer and allows them

BOMAG is set to offer more young adult traineeships after investing €1million in the expansion of the existing training centre at the firm’s Boppard, Germany HQ. Varied traineeships in production, commercial and technical areas are currently offered by BOMAG to 70 young adults. The company, which employs around 1,400 people at its Boppard site, claims this makes it one of the largest enterprises offering training. Jörg Unger, president of BOMAG, recently assisted with the planing of the asphalt area where t

Volvo Construction Equipment (Volvo CE) says it is confronting a shortage of technicians in Sub-Saharan Africa with a Sida (Swedish International Development Cooperation Agency) project. The aim is to help support and modernise technical schools in Africa, and Volvo CE will take a hands-on approach with a project at Selam Technical and Vocational College in Addis Ababa, Ethiopia, providing new equipment, training materials, teacher training, ongoing curriculum development and apprenticeship opportunities fo

Subaru’s range of industrial generators are said to be loaded with professional-grade features, top-of-the-line engines, and the power and ability to handle the needs of homeowners, professional contractors and rental centres. Powered by a 2.4hp EH09-2 OHV Subaru engine and delivering an output of up to 1,100W, the R1100 unit offers a 1.1gallon capacity fuel tank and more than four hours of continuous run time at the rated load.

Equipment auction specialist Ritchie Bros is planning a huge sale of used equipment in the US state of North Carolina in September 2012. This unreserved sale of equipment includes no less than 60 Caterpillar D11 bulldozers as well as 20 other bulldozers. Also up for auction are over 30 large wheeled loaders and over 35 Caterpillar 777 trucks, as well as graders and other items of machinery. This particular sale is of note as the 60 D11 bulldozers are more than the firm has sold of this model over the last f

Competition is increasing in the earthmoving sectors, and for some companies market share is improving The wheeled loader market is becoming more competitive, with a number of firms now challenging the leading players, Caterpillar, Komatsu and Volvo. In other earthmoving product sectors such as excavators, companies such as Case, Doosan, Hyundai, JCB, Liebherr and Volvo are becoming more aggressive in terms of sales and are capturing market share. Case is gearing up its operations in Western Europe, Eastern