North Mill Equipment Finance | The Compass
August 2017    |    Issue 21
New White Paper Explains Why Construction Equipment Is This Year's Portfolio Preference
For the first time in years, both the public and private sectors have their eyes on the construction sector. The federal government has plans to kick start the construction industry by proposing $1 trillion package for infrastructure improvement.

The housing market is continuing to see a surge in sales and permits. Construction spending is at record levels. And interest rates are making a slow climb, creating a greater sense of urgency.

Sandboxes could help inspire more efficient wheels for heavy equipment
Popular Science

For some engineers at MIT, playing in a sandbox isn’t just fun and games. It’s also the starting point for a new way of evaluating how wheels move through sand. Read More >>

John Deere to buy German road construction equipment maker

Quad Cities based John Deere will pay almost $5 billion to buy Germany's Wirtgen, a maker of pavers, compacters and other machinery used in road construction. Read More >>

Best Practices for Getting the Most from Construction Equipment Before Selling
Teletrac Navman

Here are three best practices for equipment managers who eventually plan to sell their used equipment, but still want to get the most value from it while it’s still on their job. Read More >>

At this amusement park, drive the heavy machinery you loved as a kid
Popular Science

Working the controls of an excavator is a little like flying a helicopter in that it requires the use of both hands independently, as well as your feet. When do I get to crush something? Read More >>

Ritchie Bros. Completes Acquisition of IronPlanet, Names Leadership
Monitor Daily

The acquisition of IronPlanet accelerates Ritchie Bros.' strategy of becoming a one-stop, multichannel company where customers can buy, sell or list equipment – both onsite and online. Read More >>

FIFA: This new law may affect businesses nationwide

The FIFA "establishes and enhances protections for freelance workers, including the right to a written contract, the right to be paid timely and in full, and the right to be free of retaliation." Read More >>

ELFA's Monthly Leasing and Finance Index (MLFI-25) showed that confidence in the equipment finance market remained steady in June at 63.5, relatively unchanged from the May index of 63.2.


For more information on articles in The Compass, or if you're interested in learning how to become a North Mill Referral Source, please email Catherine Cuthbertson at or call 1-800-223-6630.

This newsletter includes links to other websites and the content within. The articles that link outside this newsletter have not been generated by, nor are they endorsed by, North Mill Equipment Finance LLC. The aggregated content is simply intended to provide direct access to information that a Referral Source may find useful.

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