Supply Side
800 Employees Accept Voluntary Separation Initiative at Deere
Deere & Co. last week said that approximately 800 salaried employees will leave the company as a result of a voluntary separation program announced in April. This total will enable the company to achieve first-year savings of approximately $75 million after a pretax expense of about $100 million primarily in the fourth quarter of 2009. Previously, the company had estimated a pretax expense for the program of $50 million. This amount was reflected in the annual earnings guidance issued as part of the second-quarter earnings release on May 20....
Atlas Copco Extends Hydraulic Breaker Warranty Coverage
Atlas Copco has extended the warranty for light and medium hydraulic breakers to three years, the company said last week. The newly developed 1+2 program is a free-of-charge offer for all SB and MB range hydraulic breakers acquired after July 1....
Grimmer Schmidt Portable Compressors Transition to Chicago Pneumatic Brand
Atlas Copco Construction Equipment last week announced that as of July 1, responsibility for the Grimmer Schmidt portable compressors and utility units will fall under it instead of Atlas Copco Hurricane....
JCB Supplies 250 Wheel Loaders to U.S. Air Force
JCB continues its long-standing relationship of supplying wheel loaders to the U.S. Air Force. The company has shipped 92 JCB wheel loaders in the 100-hp and 165-hp range in 2009, and has contracted more than 250 units during the past five years....
Wacker Neuson Donates Light Tower
Wacker Neuson Corp. has donated a liquid-cooled, diesel-powered light tower to The Hanover Center for Trades and Technology, Ashland, Va. The school will use the light tower to assist students as they learn about innovative technology in the construction equipment industry. The equipment will allow students to have hands-on experience with a machine that is used to create light and temporary power on construction sites....
Link-Belt Announces Expansion to Headquarters Facility
Link-Belt Construction Equipment Co. will break ground within weeks on a new assembly bay at its world headquarters and manufacturing facility in Lexington, Ky. The new bay will add manufacturing capability and increase production capacity for large rough terrain cranes, large truck cranes, and telescopic crawler cranes. Current plans have the new bay online by mid 2011....
JLG to Close North Dakota Facility
McConnellsburg, Pa.-based JLG Industries last week said it will close its Oakes, N.D., production plant by Sept. 24. The company has already laid off more than 100 workers there in the past year. The remaining 61 workers’ jobs will be cut in September....
Husqvarna Group Reorganizes into Five Business Sectors
The Husqvarna Group recently announced plans to implement a new organization as of year-end 2009. The new organization will be implemented gradually beginning July 1....
Lincoln Electric Offers Rebates on New Welding Equipment
The Lincoln Electric Co. last week launched its Industrial Summer Stimulus Package. Customers purchasing qualified new equipment models can receive a rebate check from $200 to $2,500....
Tiffin Parts Names Mark Knight President
Pettibone, an affiliate of The Heico Companies, recently appointed Mark Knight president of the Tiffin Parts business unit....
National Gardening Association and Mantis Launch 2010 Mantis Award Program
Mantis and the National Gardening Association are once again offering awards to charitable and educational garden projects that enhance the quality of life in their host communities. Any organization that has or wishes to create a community or youth garden is eligible to apply. Next spring, 25 of these programs will receive a Mantis Tiller/Cultivator with a border/edger attachment....
Silent Drive Announces Joint Venture with Portable Lift Equipment
Truck auxiliary lift and trailer suspension manufacturer Silent Drive, based in Orange City, Iowa, recently announced a joint venture with Portable Lift Equipment, Beresford, S.D., to manufacture and distribute the TP 9000 mobile scissorlift. A towable, auto-levelling scissorlift, the unit can be transported without a trailer and is designed for homeland security, utility construction, tree trimming and construction applications....
Snorkel Issues Warning On Boom Sensors
Snorkel International is urging all owners and users of three Snorkel products to conduct vital safety checks. The Elwood, Kan.-based company has uncovered a potential issue with a small number of boomlifts produced prior to 2004, which might not be fitted with the proper number of boom sensors. The machines affected are the Snorkel TB120, TB126J and PRO126....
Manitou Appoints New CEO; Braud Steps Down
Manitou last week announced that Marcel Claude Braud has stepped down as CEO of the company. Braud will remain non-executive chairman of the board. Jean-Christophe Giroux was appointed the new CEO....
CNH Chief Financial Officer to Resign
CNH Global N.V. last week announced Rubin McDougal, chief financial officer, will resign from the company effective June 22. McDougal will be pursuing other business interests with a company outside the equipment industry. CNH says it will name a successor shortly....
Deere Announces Ottumwa Layoffs
Moline, Ill.-based Deere & Co. last week said that the majority of production employees at the John Deere Ottumwa Works will be laid off until later this year to ensure that factory production is aligned with market demand....
Bobcat Plants to Shut Down for Part of June, July
Fargo, N.D.-based Bobcat Co. last week announced that its Gwinner and Bismarck, N.D., plants will shut down for part of June and July due to the economic slowdown....
Manitex International, a manufacturer of boom truck cranes, rough terrain forklifts and special mission-oriented vehicles, said last week it received $7 million in new orders, including commercial boom truck cranes for the owner-operated and rental markets of about $5 million.
Manitex International, a manufacturer of boom truck cranes, rough terrain forklifts and special mission-oriented vehicles, said last week it received $7 million in new orders, including commercial boom truck cranes for the owner-operated and rental markets of about $5 million....
JLG Lays Off More Workers in North Dakota
McConnellsburg, Pa.-based JLG Industries has laid off 23 additional production workers at its plant in Oakes, N.D., leaving about 60 workers remaining....
UTI Hires New Sales Manager
Underground Tools, Lino Lakes, Minn., last week named Mark Gehrke as territory sales manager. Gehrke joins Underground Tools with more than 15 years of sales and product management experience in the underground construction equipment industry....
Caterpillar Offers Undercarriage for Compact OEM Machines
Peoria, Ill.-based Caterpillar last week announced that Cat 301.6 and 301.8 undercarriages, including carbody, are now available to other original equipment manufacturers through Caterpillar OEM Solutions Group....
Indianapolis Motor Speedway Names Jerr-Dan Official Tow and Recovery Vehicle
Jerr-Dan Corp., an Oshkosh Corp. company and manufacturer of towing and recovery equipment, last week announced an exclusive relationship with Indianapolis Motor Speedway. The agreement made Jerr-Dan the official tow and recovery vehicle at this world-famous track known best for the Indianapolis 500, the largest single-day sporting event on the planet....
Manitowoc Extends Schiller’s Role to Latin America
Manitowoc has added Latin America to Ingo Schilller’s responsibilities as vice president of sales and marketing for the Americas....
SmartEquip Names Larry Kaye VP, Fleet Business Development
Asset productivity specialist SmartEquip last week named Larry Kaye vice president, fleet business development. In this role, Kaye will be responsible for interfacing with SmartEquip’s fleet owner clients including the Cat Rental Stores, RentalOne, Sunbelt Rentals, United Rentals, Volvo Rents and a growing list of larger, mid-sized and smaller independent rental companies....
Demag Cranes Announces Restructuring, 750 Job Cuts
The Supervisory Board of Demag Cranes AG recently granted approval for the restructuring measures proposed by the Management Board. The restructuring will involve up to 750 job cuts worldwide. In the current financial year, provisions in mid-range double-digit euro millions will be made to implement these measures to achieve significant savings in the following years to ensure that the group will be able to meet the challenges of the future....
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | Next
