Category: Equipment
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Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
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DEVELON North America Names Kim CEO
Woohyun Kim has been appointed CEO of DEVELON North America (HD Hyundai Infracore North America) and the DEVELON brand of heavy and compact construction equipment. Kim has extensive experience in leadership, sales and finance. Most recently, Kim served as director of sales operation and programs for the DEVELON brand. From January 2023 to December 2024,…
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Equipment Today Releases 2025 Excavator Spec Guide
Equipment Today has released the 2025 installment of its annual Excavator Spec Guide, now available to visitors in an interactive, searchable format. Sponsored by Link-Belt Excavators, this online excavator specification tool is customized to allow contractors to access exactly the excavator(s) you need to meet your equipment requirements. Using the Excavator Spec Guide, visitors…
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Fleet Integrations and Their Importance to Construction Fleets
Managing a mixed fleet in today’s construction industry means more than just keeping vehicles on the road and heavy equipment in the dirt: it’s about keeping teams focused and entire projects on track. Between increasing equipment costs, complex maintenance schedules, unpredictable downtime, and the growing pressure to do more with less, 46% of fleet leaders…
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Kenworth Introduces New L770 and L770E Trucks
Kenworth has announced its newest Class 8 vocational trucks — the Kenworth L770 and the battery-electric L770E. These models represent Kenworth’s first vocational low-cab forward offerings, which are engineered to excel in specialized vocational applications, such as concrete pumping, crane and paint striping. The Kenworth L770 and zero-emission L770E are now available for order and…
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FAYAT Acquires LeeBoy: What the Paving Industry Needs to Know
The news dropped late on a Tuesday night, June 24: French construction giant FAYAT Group signed an agreement to acquire LeeBoy, one of the most recognizable names in American blacktop industry. By Wednesday morning, Marvin Joles and I were already live, unpacking what it means for contractors, for the industry, and for the future of…
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FAYAT Breaks Ground on $13.7M U.S. Facility Following Recent Acquisitions
The FAYAT Group has officially broken ground on a new 100,000-square-foot parts distribution center in Fairfield County, South Carolina. The $13.7 million facility will support the company’s Road Equipment Division and is expected to strengthen after-sales service and production capacity across North America. The new facility, located next to FAYAT’s existing BOMAG Americas headquarters in…
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FAYAT To Acquire LeeBoy From ST Engineering
Late last night for those on the east coast of the United States, the news dropped that FAYAT Group signed a definitive agreement with ST Engineering to acquire LeeBoy, the well-known U.S. manufacturer of road construction and maintenance equipment. This move represents a strategic expansion for FAYAT, deepening its presence in the North American market…