Obama “makes an example” of Caterpillar again in London
US President Obama has again used heavy equipment manufacturer Caterpillar as a case in point at a press conference in London, where he is attending the G20 Summit to discuss the economic crisis. He points to Caterpillar as an example of a company that relied heavily on exports to keep its head above water in the early stages of the recession in the US, but which is now very much feeling the effects of the global recession as exports tumble.
This follows on from the news in January 2009 that Caterpillar would be forced to lay off 22,000 workers.
No doubt the market in used Caterpillar heavy equipment will be see renewed interest - see, for example our used Caterpillar dozer listings, as well as a general listing of various used Caterpillar heavy equipment. At least till the recession blows over…
NEW SECTION: Used cranes and lifts
Need a lift? We have expanded the site further to include auction listings for several types of crane and lift - in particular used crawler cranes, used scissor lifts and used truck cranes. If you need heavy equipment then you probably need some heavy lifting equipment too. Check out the new section!
New section: used dump trucks
We have added a new section to the site listing used dump trucks for sale - check it out. There are plenty of good buys on offer most of the time - look for low mileage and for dump trucks that have been mostly been used around town.
New section: used trenchers
If you haven’t seen it already, check out our new section featuring used trenchers for sale. If you’ve got a ditch needs digging and you need the machine to do it, that’s a good place to start looking.
NEW SECTION: Used dozers
We have just expanded our listings of used construction and excavation machinery section with a category dedicated to the faithful old bulldozer. There also are special sections dedicated to used Case, Caterpillar, Komatsu and John Deere dozers, and we hope to introduce a section for bulldozer parts as soon as we have sifted through what is on offer.
Introducing Heavy Gear
Heavy Gear is a new site dedicated to compiling auction listings of used heavy equipment for sale. If you are looking to buy anything from a used muck-spreader to a used truck crane, this is the place to be. Right now we are working on the section for used construction and excavation machinery, specifically used excavators, and we will be growing this section rapidly, together with other categories of used heavy equipment, so stick around.