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Cat announces several major cost reduction plans

Caterpillar Inc. announced several major cost reduction plans to lower Cat's operating costs by about $1.5 billion. Cost reduction plans include cutting jobs, creating a retirement enhancement plan and reorganizing several divisions. Cat says this year is the company’s third consecutive… Keep Reading

Sany America names dealer in Illinois, Indiana

Chicago Machinery Co. was named a Sany America excavator dealer covering a 150-mile radius surrounding Chicago in northern Illinois and northern Indiana. Keep Reading

ASCO opens eight new locations in Texas

Associated Supply Co. Inc. (ASCO) has acquired Hi-Way Equipment Co., a Houston-based heavy equipment dealer. Terms of the deal were undisclosed. The deal expands ASCO to eight new Case Construction Equipment locations throughout Texas. New ASCO locations include Dallas/Fort Worth,… Keep Reading

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