Construction and Mining Equipment Wholesalers
NAICS 423810
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Industry Summary
The 2,600 Construction and mining equipment wholesalers in the US distribute specialized machinery, equipment, and related parts generally used in construction, mining (except oil well), and logging activities. Firms may sell or rent new or used equipment and parts. Companies may also provide repair and maintenance services.
Dependence on the Economy
Demand for construction and mining machinery and equipment is dependent on the economy, which is cyclical and impacted by the financial markets.
Fleet Electrification
New emissions standards and the shift away from fossil fuels are driving demand for electric and lower-emission machinery and equipment used in the construction and mining industries.
Recent Developments
Sep 18, 2026 - Autonomous Excavators Reach Jobsites
- Fully autonomous excavators are operating on active US construction sites, according to Construction Dive. Bedrock Robotics has deployed retrofit systems that enable excavators to perform work without onboard operators on projects, including a Nevada water treatment facility and a 1.2-million-cubic-yard civil sitework project. The company says the technology can be installed on existing equipment and plans to expand automation to dump trucks, dozers, and loaders. Wider adoption of autonomous equipment could influence equipment purchasing and fleet-upgrade decisions and create new opportunities for wholesalers that distribute compatible machinery and technology.
- Equipment World reports that several construction equipment manufacturers are receiving or expecting substantial refunds for tariffs imposed by the Trump administration under the International Emergency Economic Powers Act. Caterpillar reported $392 million in refunds; Deere recorded $110 million in its third quarter and $382 million for the first nine months of 2026; and Komatsu and Kubota expect refunds of $180 million and about $220 million, respectively. Manufacturers continue to face other tariff pressures, however. Refunds could provide some cost relief for equipment makers, but continuing trade-related expenses may still affect equipment pricing and wholesaler margins.
- Bank of America plans to deploy $250 billion through lending, investing, capital markets, banking, and advisory services to support US infrastructure investment through mid-2027, according to The Wall Street Journal. The initiative targets data centers, semiconductors, conventional and renewable power generation, energy storage, transportation, water systems, natural gas, and critical minerals. Morgan Stanley also announced it planned a similar infrastructure initiative with a total investment of $1.5 trillion. Increased financing for large infrastructure projects could support demand for construction and mining equipment and create sales opportunities for equipment wholesalers serving contractors and project developers.
- US construction spending declined 0.5% in July from June and 3.8% from a year earlier, according to an Associated General Contractors of America analysis of government data. AGC says growth is concentrated in data centers, power projects, and highways, while demand remains soft for most other construction categories. Public highway and street spending slipped 0.2% from June but remained 4.5% higher than in July 2025. Uneven construction activity could lead to mixed equipment demand, with wholesalers benefiting from infrastructure-related projects while facing weaker sales in softer construction segments. However, the AGC's chief economist noted that even the growth areas of the construction sector face headwinds from worker shortages, political pushback, tariffs, and a possible lapse in federal highway funding.
Industry Revenue
Construction and Mining Equipment Wholesalers

Industry Structure
Industry size & Structure
The average construction and mining equipment wholesaler operates one to two locations, employs about 42 workers, and generates $40.3 million in annual revenue.
- The construction and mining equipment wholesaling industry includes about 2,600 firms that employ 109,100 workers, and generate $104.9 billion in annual revenue.
- The industry is somewhat concentrated with the 50 largest companies accounting for 62% of industry revenue.
- Wholesalers include independent dealers for major machinery manufacturers, such as Caterpillar, CNH Industrial, Deere & Co., and Komatsu Mining Corp. A dealership group operates multiple retail locations.
- The largest construction dealership groups include Titan Machinery (Case), RDO Equipment (John Deere), Butler Machinery Co. (Caterpillar), Ziegler Inc. (Caterpillar), and Wagner Equipment Co. (Caterpillar).
Industry Forecast
Industry Forecast
Construction and Mining Equipment Wholesalers Industry Growth

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