Industry News: Page 20

MTA Acquires Business Unit of Calearo Antenne

The buy includes the the activities of Isola Vicentina, and the assets, patents and licenses utilized to produce various types of antennas both for original equipment and the aftermarket for the automotive, motorbike, truck and off-highway industries.

Kenworth Introduces New PACCAR TX-12 PRO Automated Transmission

Kenworth Truck Company

The transmission will be available for Kenworth Class 6-8 medium duty models, including the T280, T380 and T480 equipped with the PACCAR PX-9 engine later this year.

PACCAR TX-12 PRO automated transmission

José Cuadrado Appointed Global CEO of Yanmar Compact Equipment

Yanmar Compact Equipment

In his new role, Cuadrado is responsible for leading increased organizational integration and improving financial performance, as well as driving customer success via product development.

José Cuadrado has been appointed global chief executive officer at Yanmar Compact Equipment, and chairman of the board at Yanmar Holdings Co., Ltd.

Biden-Harris Administration Releases National Strategy to Accelerate Deployment of Zero-Emission Infrastructure for Freight Trucks

U.S. Department of Transportation (DOT)

The strategy builds on new national electric vehicle freight corridors designated by the Federal Highway Administration and advances clean transportation goals to decarbonize the freight sector.

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Waytek, Inc. Announces New Mobility Distribution Agreement

Electrical components distributor Waytek has formalized a new agreement for the distribution of a wide range of relays, switches and other automotive electrical components.

Cummins Announces Field Testing of Mining Hybrid (Diesel-Battery) Truck Solution

The hybrid NHL NTH260, a 220 metric ton payload mining truck, rolled off the production line in January and is headed to Baiyun Iron Mine of Baogang Group, China, to begin field testing in March.

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Twin Disc, Inc. Signs Definitive Agreement to Acquire Katsa Oy

Twin Disc, Inc.

The purchase, expected to close in the first half of 2024, brings with it custom-designed gearboxes and power transmission components for industrial and marine end-markets for a broad range of end market applications.

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Behind the Scenes: ZQuip's Modular Battery Systems

Moog Construction

Rob Bauer and Holger Pietzch share insights into the tech behind the companies’ latest product release, how it works, and its path forward in the market.

Skanska Concludes Pilot Program of Volvo EC230 Electric

Volvo Construction Equipment

The goal of the trial of this zero-emission equipment was to test the capability of a battery-powered excavator to perform the necessary construction work, particularly in relation to its diesel-powered counterpart.

Volvo Ec230 Skanska

Cummins Moves 5 Leaders Into VP Roles

The company has promoted Ricardo Roman, Michelle Probst, Gbile Adewunmi, Matt McQueen and Ashwath Ram to vice president positions across several key departments and business units.

Left to right: Ricardo Roman, Michelle Probst, Gbile Adewunmi, Matt McQueen and Ashwath Ram.

Engineering & Manufacturing

Sherwin-Williams to Feature Duraspar IP Coating Technology at Work Truck Week 2024

Sherwin-Williams General Industrial

The product, designed to optimize the paint process for manufacturers on a variety of work trucks, is available in thousands of solid and metallic colors.

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Market Analysis

February 2024 Equipment Market Outlook

Data shows mining production in the U.S. was 4.9% higher in 2023 than in 2022, with annual production continuing to rise at a slowing pace. However, a weakening macroeconomy will reduce demand for mined raw materials in the quarters ahead.

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