How the Shift From Buying to Renting is Affecting the Heavy Equipment Industry

Written by Economic Development Jobs on August 18, 2016. Posted in Commercial engine cylinders, Heavy equipment components, Komatsu reman parts

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Think about the days before large bulldozer and the giant excavator, construction was a much more dangerous and time wasting affair.In many ways heavy equipment is the backbone of American industry. The invention of heavy equipment made it possible to more efficiently create buildings and structures. But apparently the heavy equipment industry are experiencing a financial downturn. Market researchers are speculating that the bubble may be on the verge of bursting for the bigger heavy equipment companies such as John Deere, Caterpillar, and Agco.

The development for much of the heavy equipment and heavy equipment servicing industry mostly arose out of the need for new construction technology. For example during the 1960?s there was a large explosion in the Continue Reading | No Comments