The U.S. International Trade Commission (ITC) on Nov. 22 said it will investigate allegations by Caterpillar that German manufacturers Wirtgen GmbH and Joseph Vögele AG violated patent laws.
The probe is based on a complaint filed by Cat on October 26, a complaint that is nearly identical to one filed to the ITC by Wirtgen against Cat in July. The products at issue in the investigation are road construction machines, including road milling and road paving machines.
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Rather than a threat, online equipment sharing and rental services represent an evolution of the traditional distribution model. In fact, there’s a lot for dealers and rental houses to like about an industry with these new digital players. Here’s why.
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BigRentz, a full-service, online construction equipment rental marketplace, has promoted Neda Imbimbo to chief financial officer.
Imbimbo was formerly the vice president of finance and operations at BigRentz. She’s been instrumental in instituting accounting processes, systems automation and operations that have enabled the company to experience consistent double-digit revenue growth, the company says.
