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Equipment Market Outlook: Page 30
Drivetrains
Dana Announces Second Quarter Financial Results
Dana Incorporated
Dana has announced strong results for the second quarter of 2012, seeing its fifth consecutive quarter of a positive net income.
Market Analysis
Volvo CE increases sales by 15% in Q2
Volvo Construction Equipment
Continued momentum in most markets reinforced a self-assured quarter for Volvo Construction Equipment, one that saw the company post strong earnings and strengthen its position in the Chinese wheel loader and excavator market.
Market Analysis
Scania Reducing Production of Buses in Poland
Scania AB
Scania announces it will reduce production of buses in Poland due to low demand.
Market Analysis
Eberspaecher Group Announces 2011 Financial Results
Eberspaecher
The Eberspaecher Group has announced its financial results for the 2011 fiscal year, which provided a 34% rise in group sales.
Market Analysis
Comer Industries Announces 2011 Financial Results
Comer Industries S.p.A.
Comer Industries' 2011 financial results show a 20% increase in revenue as well as a 7.7% increase in the number of employees at the company.
Trends
Altec opens green fleet manufacturing facility
Lee Styslinger III, Altec President and CEO says, "We are committed to sustainability in the products we build and the facilities that build them."
Engineering & Manufacturing
ThyssenKrupp sells ThyssenKrupp Waupaca Inc. to KPS Capital Partners
ThyssenKrupp AG
KPS commits to pursuing continuity and further growth for the company.
Engines
Q1 provides Deutz with basis for long-term success
DEUTZ Corporation
Following on from the record results achieved in 2011, DEUTZ AG has now delivered a strong business performance in the first quarter of 2012.
Engines
Horton continues rapid expansion of its QuickShip warehouse program
Horton Inc.
Two new locations include Salt Lake City, UT, and Grand Prairie, TX.
Drivetrains
Altra Industrial Motion Breaks Ground in Changzhou, China
Altra Industrial Motion
The new plant, Altra’s second manufacturing facility in China, will be home to Altra Industrial Motion Changzhou (AIMC).
Market Analysis
Caterpillar to Sell Majority Interest in Third Party Logistics Business to Platinum Equity
Caterpillar Inc.
The pending sale of the third party business supports Caterpillar's increased focus on the continuing growth opportunities in its core businesses.
Market Analysis
Sun Hydraulics Reports Strong First Quarter Results
Sun Hydraulics LLC
Sun Hydraulics reports strong results for the first quarter of 2012 with sales of $55 million.
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