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December 4, 2012
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Daily news for the equipment finance sector

  Industry News 
  • Deere looks to stand-on mowers for expansion
    Deere is expanding into stand-on mowers through a partnership with Wright Manufacturing. "The stand-on product category is growing, so we see this as an opportunity to expand our presence with professional landscape contractors," said Chase Tew, product-line marketing manager at Deere. GreenIndustryPros.com (12/4) LinkedInFacebookTwitterEmail this Story
  • GE anticipates wider wind presence in Brazil
    General Electric expects about $1 billion in wind-turbine orders annually from Brazilian projects through 2022, said Vic Abate, head of GE's renewable-energy unit. Brazil plans to add between 1.5 gigawatts and 3 gigawatts of capacity annually, and GE will be among "three or four players" in the market, Abate says. "Two years ago, we were zero, and now it's over a billion dollars a year," Abate said. Bloomberg Businessweek (12/3) LinkedInFacebookTwitterEmail this Story
  Market Trends 
  • Corporations lack cash in U.S. but hold money offshore
    Major U.S. companies are holding a large amount of cash offshore to avoid taxes while letting cash at home dwindle to a point of borrowing for basic functions such as paying dividends, buying back shares and paying taxes. The emerging picture of corporate cash abroad is in response to pressure on companies from the Securities and Exchange Commission to give investors an accurate evaluation of liquidity. The Wall Street Journal (12/3) LinkedInFacebookTwitterEmail this Story
  • Asian manufacturing appears on the mend
    With the crucial inclusion of China, manufacturing indicators are generally pointing up across Asia, a positive sign for growth across the region and globally. One external factor that could blow the region off course is the "fiscal cliff," which poses a threat to the U.S. economy and export demand. The Wall Street Journal (12/3) LinkedInFacebookTwitterEmail this Story
  Government & Regulatory 
  • IMF conditionally allows capital controls
    The International Monetary Fund has withdrawn its objection, in certain situations, to nations' imposition of capital controls. "Capital flows can have important benefits for individual countries across the fund membership and the global economy. ... [They] also carry risks, however, as they can be volatile and large relative to the size of domestic markets," according to an IMF report. Bloomberg (12/3) LinkedInFacebookTwitterEmail this Story
  ELFA Member News 
  • TIP and ecoInsight help fund energy-efficient lighting
    TIP Capital and ecoInsight have partnered to provide building owners with financing to install energy-efficient lighting. More than $1.6 billion in energy retrofitting happened in 2011 through financing, instead of a cash sale, ecoInsight CEO Sean McCloskey says. Read more. LinkedInFacebookTwitterEmail this Story
  ELFA News 
  • ELFA Executive Roundtable will prepare leaders for the year ahead
    Despite uncertainties in the economy and in the legislative, regulatory and accounting environments, you have a business to run. How your business shapes up for the year largely depends on the kind of leadership you provide and the team you put together to implement that vision.

    The ELFA Executive Roundtable, scheduled March 10 to 12 at The Westin Stonebriar in Frisco, Texas, near Dallas, is designed to bring CEOs and presidents of leasing and finance companies together to discuss issues of the day, strategize about the future and create lasting business relationships.

    We've lined up some of the best minds on issues that matter to you.
    • Kaihan Krippendorff on competition: Eight Paths to Outthinking the Competition
    • Michael Staver on leadership: How to Lead Courageously in a Turbulent Age
    • Robert Wescott on the economy: 2013 Forecast for Equipment Investment and Key Drivers of Growth

    See more details, including the agenda and registration information.

    ELFA wishes to thank International Decision Systems, the exclusive sponsor of the Executive Roundtable. LinkedInFacebookTwitterEmail this Story
  • Target your message
    Looking to reach leaders in the $628 billion equipment-finance industry? There's no more efficient way to target your message than advertising in Equipment Leasing & Finance magazine. We're the market leader, with the largest readership of any magazine in the industry, access to ELFA resources and highly rated content. Advertise in the January/February issue, which will focus on the year ahead, including:
    • 8 Trends Shaping the Equipment Finance Industry
    • 2013 Equipment Management Outlook
    • Preparing Your Lease Accounting Comment Letter
    • The Tools You Need in the Current Business Climate

    To develop a media buy that serves all of your needs, contact Steve Wafalosky (stevew@larichadv.com) at (440) 247-1060. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
It is astonishing what force, purity and wisdom it requires for a human being to keep clear of falsehoods."
--Margaret Fuller,
American journalist and women's rights activist


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