Industry News: Page 17

Daimler Names Bangston President & CEO of Freightliner Custom Chassis Corporation

Daimler Truck North America LLC

Bangston, who will also continue to serve as president and CEO of Thomas Built Buses, succeeds Jeff Sather, who will be retiring after 23 years at DTNA.

Daimler Truck North America LLC has announced the expanded role of Kevin Bangston as president and CEO of Freightliner Custom Chassis Corporation (FCCC) in addition to his current role as president and CEO of Thomas Built Buses (TBB), effective May 3, 2024.

Sponsored Content

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Carlisle Tyrfil

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OTR Expands Irrigation Tire Offering With Rainmax H2O & Rainmax N/D

OTR Engineered Solutions

Engineered for center-pivot irrigation systems, the Rainmax H2O line features a lug design that enhances traction on wet, muddy ground. The Rainmax N/D line has a non-directional tread pattern that maximizes traction in either direction of travel.

Rainmax H2O

BAE Systems & Eaton Collab on Electric Drive Solutions for Heavy-Duty Trucks

The solution offers OEMs and commercial vehicle modifiers a comprehensive, efficient, advanced and flexible EV system for a wide range of zero-emission platforms to support medium- and heavy-duty commercial vehicles.

BAE Systems, a leader in electric propulsion, and Eaton, a global power management company, are expanding their collaboration to include electric vehicle (EV) solutions for heavy-duty trucks.

Cummins & Isuzu Motors Limited Introduce New 6.7-Liter Engine

The new 6.7-liter engine, jointly developed by the two companies, will power on-highway truck applications built for the Japanese market and will be available for the Asia Pacific markets and other global markets later this year.

Hexagon Acquires Xwatch

Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites, including height control, slew control and rated capacity indication for heavy machinery.

Brokk Opens New Distribution Center in Canada

The new 4,000-foot distribution facility marks an expansion of its network and will house the full line of demolition machines with attachments as well as Aquajet Hydrodemolition robots and parts inventory for both brands.

Brokk, manufacturer of remote-controlled demolition machines, recently opened a distribution center in Hamilton, Ontario.

Volvo CE Takes Minority Stake in VizaLogix

Volvo Construction Equipment

Volvo CE has taken a 22% ownership stake in VizaLogix, a U.S.-based software-as-a-service (SaaS) company specializing in digital, brand-neutral solutions for machine monitoring, servicing and tech support.

Vizalogix Volvo Ce

Freudenberg Xpress Acquires Trygonal Group

Freudenberg Sealing Technologies - NOK

The purchase strengthens the company's global business unit, Freudenberg Xpress, an expert in small and medium batch sizes, rapid prototyping and customer-specific sealing solutions.

Fst Img Freudenberg Xpress

Oshkosh Corporation to Acquire AUSA

Oshkosh Corporation

Upon closing, AUSA will become part of the Oshkosh Access segment. The companies began working together through a partner agreement in 2020, with AUSA manufacturing the JLG-branded SkyTrak 3013 compact telehandler.

Ausa Release Image

Market Analysis

Q1 2024 Truck Production Index Points to Modest Decline

Power Systems Research

Power Systems Research's Truck Production Index suggests medium and heavy commercial vehicle production in many areas is expected to decline, while production in China, South America, Japan and Korea is expected to improve over last year.

Adobe Stock 97833893

Kohler Co. Closes Transaction to Establish Kohler Energy as Independent Business

Global investment firm Platinum Equity is now the majority owner of the Kohler Energy business, and Kohler Co. remains an investment partner. Financial details are not being disclosed.

Kohler Co. and Platinum Equity have announced the companies have closed the transaction to establish Kohler Energy as a separate, independent business.

SAE International Terminates CEO

SAE International

The move follows a formal investigation that revealed behaviors and actions inconsistent with the organization's code of conduct, culture and values. Carla Bailo and Greg Bradley will serve as co-CEOs until a replacement is named.

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