Industry Update: Construction Machinery & Equipment

Industry Highlights

  • On January 31, 2023, Right Lane Industries announced that it entered into a purchase agreement to acquire London Machinery, Inc. and the Rear Discharge Mixer business of McNeilus Truck and Manufacturing, Inc. from Oshkosh Corporation. The acquisition, which is expected to close near the end of February, includes all rear discharge concrete mixer operations of the seller, including the iconic Bridgemaster brand.
  • On November 11, 2022, Cummins Inc. announced the acquisition of Exergy Energy, LLC, a software and asset management firm that installs, owns and operates backup generator sets sized to power 100% of a facilities’ load during times of power outages and peak utility usage.

Past Industry Updates

Construction Machinery & Equipment: November 2022

Construction Machinery & Equipment: August 2022

Construction Machinery & Equipment: April 2022

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