Earthmoving

Deere & Co. reported net income of $910.3 million for its fiscal third quarter ended July 29, compared with net income of $641.8 million for the quarter ended July 30, 2017, a 41.8-percent increase.

CNH Industrial has named Hubertus Mühlhäuser as CEO, effective Sept. 17. Mühlhäuser will be based at the company’s Burr Ridge, Ill. offices.

Solesbee’s Quick Coupler is an efficient solution for operators to exchange excavator attachments from the safety of the cab.

Finning International announced that Juan Carlos Villegas, president of Finning Canada and chief operating officer of Finning International, will retire at the end of this year after a long career with Finning. Kevin Parkes, currently managing director of Finning UK and Ireland, will take over the role of president of Finning Canada.

Finning International, one of the world’s largest Caterpillar dealers, posted CDN $1.729 billion in revenue in the second quarter compared to $1.584 billion in restated revenue in the second quarter of 2017, a 9.2-percent increase.

Equipment East, a heavy and compact construction equipment specialist based in Dracut, Mass., has opened a new facility in Bow, N.H.

Strongco Corp., a Canadian distributor and rental operation, posted CDN $122 million in revenue for the second quarter, compared to $100.7 million in the second quarter a year ago, a 21.2-percent increase.

Komatsu America Corp. and Propeller Aero are partnering to boost the efficiency of construction jobsites using drone-powered mapping and analytics software.

Case Construction Equipment has announced several dealer territory expansions in North America as the manufacturer continues to strengthen its nationwide dealer network.

Caterpillar posted $14.011 billion in revenue for the second quarter, compared to $11.331 billion in the second quarter of 2017, a 23.7 percent increase.

H&E Equipment Services posted $310.4 million in revenue in the second quarter compared to $249.4 million in the second quarter a year ago, a 24.5-percent increase.

Toromont posted CDN $961.3 million in second quarter total revenue, compared to $530.9 million in the second quarter last year, an 81-percent jump on the strength of its acquisition of Hewitt Caterpillar, the Caterpillar dealership for Quebec, the Maritime Provinces and Western Labrador and the MCFA lift truck dealership for Quebec and Ontario, in addition to other distribution rights.

Luby Equipment Services, a St. Louis-based Case Construction Equipment dealer, has hired Larry Sims as sales representative.

Construction costs accelerated again in June, with steep increases for a wide range of building and road construction materials as tariffs against foreign goods come into effect, according to an analysis by the Associated General Contractors of America of new Labor Department data.

Caterpillar’s board of directors has appointed Ogi Redzic vice president in charge of the company’s Digital Enabled Solutions Division effective July 30.