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Earthmoving equipment orders on the rise from subcontractors

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Posted by PlantMiner
Hastings Deering Building and Construction Industries has announced their increased confidence in the growth of residential building. In fact, the company has detailed an unprecedented number of new earthmoving equipment orders from subcontractors. While many people associate the company with larger mining and infrastructure equipment, over 55% of Hastings Deering's total machine sales in Queensland and the Northern Territory came from building construction equipment.

During their biannual “Dig Day”, Buidling and Consutrction Industries' Simon Turnbull said that "the fact sub contractors are spending money is certainly a green light the building construction industry is moving."

We have seen in times where confidence is low, that subbies hang on to their machines, unsure if investment in new capital would pay off. The fact they feel confident enough to place orders for new machinery is clear indication this arena will remain buoyant. With strong capital growth remaining in the sector combined with low interest rates. Residential construction and renovations continue to grow throughout the region.

– Simon Turnbull, Hastings Deering

 

The 'Dig Day' showcases Hastings Deering's current technology, as well as performance and reliability advantages of Caterpillar’s building construction equipment. This years event indicated strong confidence in the sector with unprecedented attendance and high levels of sales.

As renewed vigour comes from the building sector, investing in PlantMiner's procurement platform makes perfect sense for plant and equipment hire companies and subcontractors. It's confidence on two levels - registering with an online construction marketplace leader and knowing that the service is a proven time and money saving tool for your company.

With over 11,000 happy hirers and 2,500 PlantMiner suppliers - you know things are pretty positive.

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