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Construction Spending Down in May

Construction spending shrank again in May, dropping 8 percent from a year earlier, although homebuilding and stimulus-funded public works increased from year-ago levels, according to an analysis of new Census Bureau data by the Associated General Contractors of America.

Case Sponsors 'Rockin' For The Troops' Concert

Case Construction Equipment continues its support of Illinois military families and veterans with its sponsorship of the fifth annual “Rockin’ for the Troops” concert, July 17, at Cantigny Park in Winfield, Ill. 

Kubota Enters Compact Track Loader Market

Powered by efficient Kubota engines, the new compact track loaders are all-Kubota designed, engineered, and manufactured to deliver reliability, durability and quality that operators have come to expect from Kubota. 

Caterpillar Emissions Solutions Acquires CleanAIR Systems

Caterpillar Emissions Solutions has signed a definitive agreement to purchase CleanAIR Systems, Inc.  Upon completion of the transaction, CleanAIR Systems will become a wholly owned subsidiary of Caterpillar Inc. within the Customer Services Support Division. 

Topcon Names New Managing Executive Officer

Topcon Corporation announces the promotion of Ray O’Connor to managing executive officer.

Majority of Metro Areas See Construction Jobs Decline in May

Construction employment continued to suffer significant declines in the majority of metropolitan areas according to an analysis of federal employment data released by the Associated General Contractors of America.

Cat Certified Rebuild Program Celebrates 25 Years

Caterpillar initiated the Cat Certified Rebuild (CCR) Program in 1985, and this year, 2010, the 5,000th machine will be rebuilt under the program. 

AEM Calls for Hall of Fame Nominations

The AEM Hall of Fame seeks to create a wider public understanding and appreciation of the industry's role - not only in the past but for the future - in global economic and social prosperity.

ITT to Buy Godwin Pumps

ITT has agreed to purchase Godwin from its principal shareholders for $585 million. The transaction is expected to close in the third quarter of 2010, pending customary regulatory approvals.

UniversalPegasus International Names New CEO

UniversalPegasus International, Inc., announces that John M. Jameson has been named Chief Executive Officer.  Mr. Jameson succeeds Jerry Mayfield who will assume the role of Executive Chairman.

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