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ARA Expands Forecast for Equipment Rental Growth in 2012
The outlook for the equipment rental industry indicates increased optimism as first-quarter performance was better than expected, resulting in a more positive outlook for the full year, according to new data released by the American Rental Association.
Rental Equipment Register – 5/17/2012

Texada Announces Dealership Agreement With LiuGong Construction Machinery
Texada Software Inc., has announced the signing of a dealership agreement with LiuGong Construction Machinery through its wholly owned subsidiary, Noble Equipment, Inc.
Construction Equipment Guide – 5/16/2012

Caterpillar Plans $37M Visitor's Center
The $37 million Caterpillar Visitors Center is on schedule to open the same day as its next-door neighbor, the $100 million Peoria Riverfront Museum.
Construction Equipment Guide – 5/16/2012

Atlas Copco appoints Nitin Lall as new GM
Atlas Copco (India) has announced the appointment of Nitin Lall as general manager of the company's newly setup construction technique customer centre in India. He will take up the post with immediate effect.
Construction Week Online – 5/14/2012

Profit doubles at Wacker Neuson
German manufacturer Wacker Neuson has reported double digit growth in the first quarter, and confirmed its forecast for 2012.
Construction Europe – 5/13/2012

Near-sourcing brings manufacturing home
For years, the Illinois company Caterpillar made its small bulldozers in Japan.
Waste Management World – 5/13/2012

FAMCO rolls out aggressive Gulf region expansion
Heavy equipment and truck sellers FAMCO (Al-Futtaim Auto and Machinery Company) has an aggressive GCC expansion plan, and is looking to gain market share in Saudi Arabia, Oman, and Qatar says managing director Paul Floyd.
ConstructionWeekOnline – 5/10/2012

Caterpillar Sells 65% Stake in Logistics Business for $750M
Caterpillar (CAT: 96.47, +0.48, +0.50%) inked a deal on Thursday to sell 65% of its wholly-owned third-party logistics business to Platinum Energy for $750 million.
Fox Business – 5/10/2012

Demag Cranes Q2 results
Results from Demag Cranes, now majority owned by Terex, showed it had continued to increase new orders and revenues in the second quarter of financial year 2011/2012, thanks in part to a productive port technology segment.
Cranes Today – 5/10/2012

Gas Prices Drop For Fifth Consecutive Week
The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.79 per gallon, 18 cents per gallon lower than last year at this time. This marks the fifth straight week of decline, with the average price down 15 cents since April 2.
USAgNet – 5/10/2012