Industry News: Page 11

Yanmar Acquires CLAAS India

Yanmar Co. Ltd.

The move, through its group company Yanmar Coromandel Agrisolutions, is expected to be completed in September 2024 and includes all shares of CLAAS India, manufacturer of agricultural machinery in India.

20240826 Img 01

Equipment Market Outlook

August 2024 Equipment Market Outlook

Q3 2024 data, U.S. steel scrap prices and elevated interest rates suggest near-term downward pressure for construction machinery new orders, despite gains in recent months.

Adobe Stock 806784579

Engineering & Manufacturing

SIKO’s CEO Lutz Kettenhofen Talks Mobile Automation at iVT Expo

SIKO Products Inc.

Live at iVT Expo, SIKO Products’ CEO Lutz Kettenhofen talked about the importance of mobile automation, the company’s new position-detection machine and what it takes to be an all-in-one supplier to the OEM industry.

Siko

Waytek CEO Announces Retirement

Charlie Kanan, CEO and board chair, has notified the Board of Directors of his intention to retire from Waytek on Dec. 31, 2026.

Charlie Kanan, CEO of Waytek

Cattron Introduces Tyro 2S Line of Remote Control Systems for Mobile Equipment

Tyro 2S systems are designed for demanding and highly specialized mobile equipment applications, and are suited for environments where robust, durable and reliable remote control is essential.

Pyxis 2S 2 Tyro

BOMAG Americas Promotes Christoph Thiesbrummel to VP of Sales & Marketing

BOMAG Americas Inc.

Thiesbrummel will lead BOMAG Americas’ dealer channel sales, rental channel sales, sales administration, product management and marketing activities.

Christoph Thiesbrummel, vice president of sales and marketing for North American operations

SANY America Names David Nicoll as CEO

The former Caterpillar VP has held global leadership positions in several businesses, including construction machines, industrial engines, marketing and dealer development.

SANY America the appointed David Nicoll as its new CEO, effective Aug. 8, 2024.

Steel Warehouse Opens Facility in Jefferson County, Tennessee

Steel Warehouse

The strategic expansion is designed to bolster the company's commitment to the construction equipment, agriculture, lawn and garden, and truck and trailer industries.

The Steel Warehouse facility in Jefferson County, Tennessee

Caterpillar Announces MINExpo Lineup

Caterpillar Inc.

Caterpillar's exhibits at the tradeshow will include advancements in energy transition, spotlights on integrated mine operations that go beyond iron and a combination of equipment, technology and more.

Cat 798 AC Mining Truck.

DEUTZ Completes Deal to Now Sell Select Engines From Rolls-Royce Power Systems

DEUTZ Corporation

The takeover, including the sale and service of selected off-highway engines, follows close on the heels of DEUTZ’s alliance with Daimler Truck to develop and market medium- and heavy-duty engines in the off-highway segment.

CCTY Brings Square Ball Universal Joint to Heavy Truck Market

After years in the construction industry, the patented Square Ball Universal Joint debuts its simplified design to the trucking industry, enabling smoother rotation and maintenance-free operation to keep vehicles on the road longer.

Sbj1

MAXAM Tire Introduces TBR Line Featuring EcoPoint3 Technology

The new line includes a premium line haul series, a high-performance regional series, and a robust mixed service series, each engineered with advanced technology to deliver performance, efficiency and durability.

Pictured here, the MX325V is MAXAM's mixed service drive tire, engineered for mixed service applications, even in the toughest conditions.

Page 11 of 866