DeWalt Signs Sponsorship Agreement with Richard Petty Motorsports
DeWalt this week announced its agreement with Richard Petty Motorsports to sponsor Marcos Ambrose, driver of the No. 9 Ford Fusion, for the 2011/2012 NASCAR season. The No. 9 car will brandish the DeWalt logo, which will alternate between the hood and quarter-panel during each race of the 2011/2012 Sprint Cup season....
Multiquip and Altergy Light the Golden Globe Awards
Carson, Calif.-based Multiquip and Folsom-Calif.-based Altergy provided environmentally clean lighting to the red carpet at the Golden Globe Awards Jan. 16....
Terex Names Friesen Senior Vice President, Terex Business System
Terex Corp. last week appointed Doug Friesen senior vice president, Terex Business System. Friesen is currently vice president and managing director, Terex Cranes Demag, in Zweibrucken, Germany. He will transition to his new role over the next several months and report directly to Ron DeFeo, Terex chairman and CEO....
Bosch Appoints President/CEO for Robert Bosch Tool Corp. in North America
The Robert Bosch Tool Corp. last week announced that Terry Horan will succeed Manfred Seitz as president and CEO, effective April 1. Seitz will retire at the end of March 2011 as chairman, president, and CEO of the Robert Bosch Tool Corp. after 34 successful years leading several different divisions of the Bosch Group....
Deutz Draws Record Number to Technology Center
Deutz AG drew a record number of engineering enthusiasts to its technology center, a museum for the company’s historical exhibits. There were about 3,600 visitors and 115 guided tours in 2010, about double for the previous year....
Tadano, Link-Belt Terminate Sales Agreement
Japanese crane manufacturer Tadano and U.S.-based Link-Belt Construction Equipment have ended their supply agreement. According to the agreement, Tadano all-terrain cranes were sold under the Link-Belt brand name. Link-Belt had supplied North and Central American and Caribbean markets with Tadano cranes, which will now be sold exclusively by Tadano....
Atlas Copco Considers Relocating Light Compaction Equipment Manufacturing
Atlas Copco this week initiated negotiations with unions regarding a plan to relocate production of light compaction equipment from Ljungby, Sweden, to Rousse, Bulgaria, affecting 69 employees in Sweden....
Ariens Co. to Spend $3.8 Million for Expansion of Offices, R&D Facilities
Outdoor power equipment manufacturer Ariens Co. said it is investing $3.8 million to expand its office and research and development facilities in Brillion, Wis. The project includes the addition of a geothermal heating and cooling system to replace an outdated boiler system. The system will pump heat from the ground or into the ground depending on the season....
Ariens, Honda Issue Snow-Blower Recalls
Ariens Co. is voluntarily recalling more than 1,000 snow blowers because of a potential injury hazard, the U.S. Consumer Product Safety Commission said in an alert this week....
Liebherr Nenzing Crane Co. Appoints New Sales VPs
Liebherr Nenzing Crane Co., the Liebherr subsidiary responsible for sales and service of crawler cranes, piling rigs and special foundation machines manufactured at Liebherr’s Nenzing factory in Austria, recently named two experienced crane professionals to its senior sales team....
JCB Rebrands Utility Terrain Vehicles
JCB is rebranding its utility terrain vehicles with the new name JCB Workmax, the company said. The new name covers the current diesel-powered models: the 4x4 for rough terrain applications and the 6x4 for fine turf applications such as golf courses and sports fields....
Briggs & Stratton Names Vanguard Power Chase Winner
Milwaukee-based Briggs & Stratton Commercial Power last week announced Justin Joerman, branch leader at SavATree in Mountainside, N.J, as the winner of the Vanguard Power Chase contest. Joerman won a four-day trip for two to Daytona Beach, Fla., for racing’s premier event in February....
JLG LiftPod Wins Top Product Award
JLG Industries recently announced that its LiftPod personal portable lift will be featured in the January issue of Building Operations Management magazine as a top product....
Absolute E-Z Up Announces Product Line Expansion
Despite a sluggish economy, access industry newcomer Absolute E-Z Up experienced exceptional growth in its first year of operation, the company said. The company this week announced it is expanding its product line, adding two self-propelled and one manual aerial work platform, to meet customer demand for its low-maintenance access and material handing equipment....
Generac Power Systems Hires Vice President of Sales for Latin America
Generac Power Systems, a leading manufacturer of backup power generation equipment, recently announced that Saul Urrutia joined the company as vice president of sales, Latin America, to drive its continued investment in that region....
Atlas Copco Doubles Contribution to Water for All
Atlas Copco this week said it will increase its contribution to Water for All in order to enable clean drinking water for more people in need. From 2011, the Atlas Copco Group will give two times the sum of the voluntary employee donations. Until now, around one million people have received clean drinking water through Water for All....
Gehl Announces New Vice President, General Counsel and Corporate Secretary
Gehl Co. recently appointed James Green as vice president-human resources, general counsel and corporate secretary. Green will have responsibility for all human resource and legal functions in the Americas region for Gehl Co. and Manitou B.F....
Caterpillar Opens 2011 Contract Talks with United Auto Workers
Caterpillar Inc. and the United Auto Workers last week began negotiations for a new labor agreement. The current contract, ratified in 2005, will expire on March 1, 2011. The agreement covers approximately 9,500 production and maintenance workers at the company’s Illinois facilities in Aurora, Decatur, East Peoria, Mapleton, Mossville, Morton and Pontiac, as well as those in Colorado, Pennsylvania and Tennessee. Both parties have agreed to make no public comments on contract issues during the negotiations process. The meetings are taking place in Caterpillar Building CV in East Peoria, Ill....
Gradall Names Regional Sales Manager
Gradall Industries last week named Raul Deyden, who has extensive experience in equipment sales in U.S. and Latin American regions, regional sales manager for Gradall and Vacall products....
Caterpillar Announces New Vice President
Caterpillar Inc. last week appointed Kimberly Hauer vice president, Human Services Division. Hauer will assume her new role effective Jan. 1, 2011. She will replace Greg Folley, whose move to become vice president of the Remanufacturing & Components Division was previously announced....
Deere Completes Sale of Wind Energy Business
Deere & Co. completed the sale of John Deere Renewables LLC, its wind energy business, to Exelon Generation Co., a wholly owned subsidiary of Exelon Corp....
Ditch Witch, Vermeer Reach Settlement with Earth Tool Co.
Earth Tool announced that a settlement has been reached between itself, the Charles Machine Works and Vermeer Corp. regarding litigation related to the purchase of ETC by CMW, manufacturer of Ditch Witch underground construction equipment, Trenchless Technology magazine reported last week....
Caterpillar Announces Officer Changes
Caterpillar Inc. last week announced several changes at the officer level, including the initial leadership for the integration of Bucyrus International. The company also announced the completion of organizational changes that will position Caterpillar to deliver on its Vision 2020 strategy....
Caterpillar Receives $8.6 Billion Loan for Bucyrus Acquisition
Caterpillar has received an $8.6 billion bridge loan from banks led by JP Morgan Chase & Co. for its acquisition of mining equipment manufacturer Bucyrus International, the company said this week. The deal, including debt, is valued at about $8.6 billion....
Terex to Revoke DeFeo’s Voluntary Pay Cut
Terex Corp. said this week it will revoke a 10-percent voluntary pay cut for chairman and CEO Ron DeFeo, beginning in January. Terex also revealed that its directors will receive a $25,000 raise to $175,000 a year beginning in 2011, the first increase in compensation for Terex directors since 2007....
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