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Equipment Market Outlook: Page 34
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.
Drivetrains
ZF reports its 2011 results
ZF Friedrichshafen AG
New ZF CEO sees strong growth potential in North America.
Market Analysis
Volvo invests $100 million in Shippensburg, PA expansion
Volvo Construction Equipment
On May 4, Volvo CE broke ground on the first phase of the Pennsylvania site expansion. The first phase includes construction of a new America's headquarters office.
Market Analysis
LiuGong Seeing Growth in European Marketplace
LiuGong Machinery Corp.
During INTERMAT 2012, LiuGong executives announced the company has been seeing continued business growth in the European marketplace.
Market Analysis
Volvo Reports Record First Quarter Sales for 2012
Volvo Construction Equipment
Volvo Construction Equipment reports record sales for the first quarter of 2012, with sales up 111% in North America.
Market Analysis
Cat Financial Reports First Quarter Increase of 4%
Caterpillar Inc.
Cat Financial reports it saw a 4% increase in revenue for the first quarter of 2012.
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