Equipment Market Outlook: Page 34

Drivetrains
Titan to implement price increase
Titan Tire Corp., a subsidiary of Titan Intl.
Price increase goes into effect as of August 1, 2011.
Fluid Power
HUSCO Announces It Has Added 500 New Jobs
HUSCO International Inc.
HUSCO International announces that the company has added 500 new jobs since 2009, 55% of which were in North America.
Brake System
Bendix Supports Highway Safety Tax Credit Bill
Bendix Commercial Vehicle Systems LLC
Bendix announces its support of a proposed tax credit bill for technologies that enhance highway safety.
Market Analysis
Deere CEO Stands By Company's Forecast
Deere & Company
Despite the lagging economy, Deere & Co.'s CEO stands by the company's full-year profit forecast.
Market Analysis
Daimler Trucks Announces Production Increase
Daimler Truck North America LLC
Daimler Trucks North America announces its plans to increase production and hire an additional 1,400 employees.
Engines
Eberspaecher Experiencing Growth
Eberspaecher
An increase in 2010 sales above the sector average shows that Eberspaecher is experiencing strong growth.
Eberspaecher Headquarter Essli 10271611
Drivetrains
Titan To Hold Conference Call
Titan Tire Corp., a subsidiary of Titan Intl.
Titan International's chairman and CEO will hold a conference call to discuss revised goals for 2011.
Drivetrains
Comer Industries Reports Growth In 2010
Comer Industries S.p.A.
Comer Industries reports at its shareholder's meeting a growth in profits during 2010.
Market Analysis
Joy Global Acquires LeTourneau Technologies Inc.
Komatsu Mining Corp. (formerly Joy Global Inc.)
Joy Global has made a deal to acquire mining equipment manufacturer LeTourneau Technologies Inc. from Rowan Cos.
Market Analysis
Caterpillar Reports Record Quarterly Profit
Caterpillar Inc.
Caterpillar reports sales and revenues increased 57%, profits were up 426% and raises its outlook for 2011.
Engines
Federal-Mogul Drives Strong Sales And Earnings Growth in Q1 2011
Federal-Mogul Powertrain
Federal-Mogul sales increased 16%, net income more than tripled and EBITDA was 30% higher versus Q1 2010.
Market Analysis
Parker Reports Record Third Quarter Sales
Parker Hannifin Corp.
Parker reports record numbers for fiscal 2011 third quarter sales and net income, and increases dividend 16%.
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