Volvo partners with Allied Construction Products, expanding hydraulic breaker and compactor/driver attachment options

The parternship between Volvo Construction Equipment and Allied Construction Products LLC will add 40 attachment models to current Volvo dealer product offerings.

Volvo Construction Equipment (Volvo) and Allied Construction Products LLC (Allied) have entered into an agreement for the sale and support of Allied hydraulic breakers. The partnership was created to offer customers more options in breakers and other aftermarket attachments in North America and results in the addition of 40 models to Volvo dealer product offerings, including the Allied flagship Rammer® and Hy-Ram® hydraulic breakers and Ho-Pac® and Skid-Pac® compactor/drivers. Comparable Volvo-branded products in North America will be discontinued this new partnership.

“We understand that the availability of a broad range of high-quality breakers is important to our customers. Instead of competing with industry leaders like Allied, who exclusively sell breakers, we can work together to better serve our customers,” said Mark Mohn, director of attachments, Sales Region Americas, Volvo. “This partnership will help our dealers strengthen their ability to serve customers with an expanded range of products and best-in-class support from the breaker specialists at Allied.”

Headquartered in Cleveland, Ohio, Allied brings more than 75 years of experience and expertise in the breaker market to the partnership. Allied offers a product line that includes 33 boom-mounted hydraulic hammer models and seven boom-mounted vibratory compactors/drivers.

Volvo dealers will order and receive breakers and relevant parts directly from Allied. Allied will provide service, parts and warranty support, and will also support the existing population of Volvo-branded hammers in the field.

“We are pleased to offer Volvo and its dealers the market-leading products and support from Allied. Rest assured this is all we do — we pay attention,” said Philip M. Paranic, president and CEO of Allied

For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.

Michelin Expands Tweel Airless Radial Line and Distribution Network

Michelin Tweel Technologies, a division of Michelin North America, Inc., is showcasing new mower products and announcing new distribution outlets during the Green Industry Expo show in Louisville, Ky., with the introduction of:

  • a new 26-inch zero-turn radius (ZTR) mower size for four-bolt wheel-pattern hubs;
  • a new, 18-inch stand-on mower size for a 2018 John Deere model;
  • a new partnership with Sunbelt Outdoor Products for MICHELIN® X® TWEEL® TURF replacement tires and
  • the addition of Ag-Pro as a distributor for X TWEEL TURF products.

“Michelin continues to demonstrate the forward momentum of this award-winning airless tire through the growth of the product portfolio and distribution network,” said Olivier Brauen, head of Michelin Tweel Technologies. “With uptime so crucial for our customers, the MICHELIN X TWEEL airless radial tire provides an unparalleled solution. Building relationships in the market are our goal.”

Scag and other operators of ZTR mowers utilizing a 26-inch, four-bolt pattern rear wheel will now be able to buy the no-compromise airless solution for their commercial mowers. Available through the TWEEL dealer network, the black hub version of the MICHELIN X TWEEL TURF is a single unit, replacing the current tire/wheel/valve assembly. It performs like a pneumatic tire, but without the risk and costly downtime associated with flat tires and unseated beads.

Featured on the 2018 John Deere QuikTrak™ Stand-On commercial lawn mowers, the new 18-inch MICHELIN X TWEEL TURF will be available on this new equipment. The QuikTrak is John Deere’s top-rated stand-on machine for commercial mowers and landscapers. The four-bolt pattern yellow hub is also available on the 24-inch MICHELIN X TWEEL TURF, designed exclusively for the John Deere ZTrak™ 900 Series mowers with 54-, 60- and 72-inch deck sizes.

In an exciting collaboration with Sunbelt Outdoor Products, the distributor will become a partner with Michelin to sell Michelin X TWEEL TURF mower and golf cart products. With seven distribution centers across the United States, Sunbelt Outdoor Products is a wholesale lawn and garden parts distributor, dedicated to servicing outdoor power equipment resellers.

Retail customers will now be able to purchase Michelin X TWEEL TURF products through Ag-Pro Companies. Ag-Pro is one of the largest John Deere dealers in the United States. Headquartered in Boston, Ga., near Thomasville, Ag-Pro operates a total of 50 locations across Alabama, Georgia, Florida, South Carolina and Texas — offering sales, parts, and service — with 960 employees.

 

About the MICHELIN

Dedicated to the improvement of sustainable mobility, Michelin designs manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks, and motorcycles. The company also publishes travel guides, hotel and restaurant guides, maps and road atlases. Headquartered in Greenville, S.C., Michelin North America, Inc. (www.michelinman.com) employs more than 22,650 and operates 20 major manufacturing plants. To learn more about truck tires and services, visit www.michelintruck.com.

IEDA White Paper Helps Guide Contractors

Getting the Best Pricing on Used Equipment in the Era of Tier 4

IEDA White Paper Helps Guide Contractors

 For even the most seasoned used construction and mining equipment buyers, navigating the waters of the EPA’s Tier 4 mandates can be daunting. To provide assistance, the Independent Equipment Dealers Association (IEDA) has released a free, downloadable white paper: Advice from the Experts: Getting the Best Pricing on Used Equipment in the Era of Tier 4.

Mandates are driving up the demand for non-Tier 4, used construction equipment — a trend IEDA members predict will continue for the next several years. Currently, resale pricing for high-demand pre-Tier 4 units has increased by as much as 20 percent. Tier 3 and earlier units are also getting harder to find in some equipment categories, such as excavators, backhoe loaders, wheel loaders, dump trucks dozers and compact equipment.

In addition to providing an overview of how a variety of Tier 4 era factors drive prices — from economic conditions to the seller’s reputation — IEDA’s 13-page white paper delivers valuable strategies and tips for:

  • Asking key questions before buying
  • Determining where to buy
  • Evaluating online listings for used equipment
  • Inspecting the equipment — and the seller
  • Using a basic checklist for evaluating a potential purchase
  • And other considerations

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The IEDA membership base is comprised of equipment dealers from around the world specializing in used construction and mining equipment sales. Since the EPA implemented new standards more than two decades ago, the IEDA’s staff and members have kept a close eye on how used equipment availability and pricing are affected by each new standard like the Tier 4 mandates. Their new white paper is one more way the association shares their experience and knowledge with used equipment buyers.

“IEDA members are among the most active organizations buying and selling used equipment,” explains Kristen Williams, IEDA executive director. “The information provided within this white paper comes directly from those dealers and will help contractors ensure they get the best value for their used equipment dollars.”

The IEDA’s “Advice from the Experts: Getting the Best Pricing on Used Equipment in the Era of Tier 4” white paper can be downloaded at: http://iedaused.com/used-equipment-pricing-tier-4#.

For more information about the IEDA and its members, please visit www.iedagroup.com or contact IEDA Executive Director Kristen Williams at Kristen@iedagroup.com.

About the Independent Equipment Dealers Association (IEDA)

Established in 2002, the Independent Equipment Dealers Association is a self-regulating body of independent dealers who pride themselves on being reputable, highly qualified professionals in the used equipment market worldwide. Standard Members buy and sell equipment on a wholesale and retail level via the IEDA. Associate Members offer products and/or services to the core group. All members must apply for membership and be approved by the Board of Directors.

 

ABC’s Mike Bellaman Appointed to Task Force on Apprenticeship Expansion for all Americans

Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta  to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801.

“I am excited to join Secretary Acosta’s task force to expand opportunities to citizens nationwide who want to live the American Dream while helping to build and rebuild our country,” said Bellaman. “As the president promised in his election night acceptance speech, every single American will have the opportunity to realize his or her fullest potential under his administration. That sentiment will drive this task force as we work to promote affordable education and rewarding jobs for all Americans.”

According to the order, the task force will submit to the president strategies and proposals focused on four areas:

  • Federal initiatives to promote apprenticeships;
  • Administrative and legislative reforms facilitating the formation and success of apprenticeship programs;
  • The most effective strategies for creating industry-recognized apprenticeships; and
  • The most effective strategies for amplifying and encouraging private-sector initiatives to promote apprenticeships.

The task force’s membership represents a wide range of American companies as well as trade, industry and educational groups. The task force comes at a critical time for industries like construction, which employs about 7.5 million people. By ABC’s estimates, the construction industry needs to hire 500,000 skilled workers to fill a backlog of existing jobs. That number could balloon to more than one million job vacancies if Congress and the president approve a $1 trillion infrastructure bill. Reducing barriers to meet the needs of the construction industry and America’s workforce is vital to fill this gap.

“This is an opportune moment for the next generation of American workers and a valuable step for the American economy,” Bellaman said. “Regardless of their access to higher education, all Americans deserve the chance to acquire a variety of skills that can lead to high-paying and fulfilling careers. I am ready to collaborate with my task force colleagues to recommend to the Trump administration the most effective strategies to expand apprenticeship opportunities for all Americans.”

 

Wells Fargo Reports: Through Hurricane Effects, CPI Inflation Looked Anemic

Consumer prices rose 0.5 percent in September as gasoline prices surged in the wake of recent hurricanes. Core inflation rose less than expected and suggests the trend in inflation remains rather tepid.

Here Comes the Story of the Hurricane

As was widely expected, the Consumer Price Index posted one of its largest monthly gains of recent years in September amid a jump in energy prices. The combination of refinery outages following Hurricane Harvey and millions of Floridians hitting the road to avoid the path of Hurricane Irma sent gasoline prices up 13.1 percent in September. All told, gasoline accounted for about three-quarters of the headline’s 0.5 percent increase last month.

Beyond energy, however, the effects of Harvey and Irma appeared much more modest. Replacement demand for autos following the storms was not enough to arrest the slide in prices that has been in train since early this year. Despite a 12-year high in new vehicle sales, prices slid 0.4 percent.Used vehicle prices were also down (0.2 percent), although the drops in August and September were the smallest of this year.

Hotel prices may have gotten a lift from the large-scale evacuations, but the 1.5 percent rise in September does not look unusually large relative to the swings in recent months; the lodging away from home index has swung by a greater magnitude in four of the previous five months.

Excluding food and energy, the core index suggests the trend in inflation remains weak relative to the start of the year. Core inflation rose 0.1 percent, which was enough to bring the 3-month annualized rate up to 2.0 percent. While that is above the current year-ago rate and points to the 12-month change edging a bit higher in the coming months, it continues to run below the roughly 2.2 percent pace of late last year.

Core services rose more moderately in September (up 0.2 percent) amid more subdued gains in shelter costs, medical care, and transportation. Meanwhile, core goods prices fell for a seventh consecutive month due to the aforementioned declines in prices for autos, but also apparel, prescription drugs, and household furnishings.

Transitory or Persistent Is Still an Open Question for the Fed

At a time when the Fed is closely examining all inflation data for clues about whether the slowdown that began last spring is likely to be temporary or persistent, today’s CPI report does not provide much comfort. As indicated in the statement and minutes following the September meeting, FOMC members expected to see inflation lifted temporarily by the hurricane-related bump in gasoline and other items last month. Yet the modest increase in core inflation is likely to keep many Fed officials concerned about the near-term path of inflation and whether another rate hike will be warranted in December. Fortunately for the data-dependent Fed, there will be two more CPI and PCE inflation reports before the December decision, meaning there is still time for greater clarity to emerge.

Source: U.S. Department of Labor and Wells Fargo Securities