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Industry News: Page 22
Industry News
OEM Off-Highway Celebrates 40 Years of Innovation
Uncover the brand’s origins and the driving factors that have steered its success for four decades.
Construction
JCB Breaks Ground on $500M Texas Factory
JCB
The 720,000 square foot facility is being constructed on a 400-acre site, making it JCB's largest plant, second only to the company's headquarters in Rocester, Staffordshire, England. Production is expected to begin in 2026.
Drivetrains
Siemens to Sell Innomotics to KPS Capital Partners
Siemens AG
The sale of the electric motors and large drives company Innomotics is expected to close in the first half of fiscal 2025 and aims to help Siemens optimize its portfolio.
Fuels & Fluids
DAVCO Names Tim West President
DAVCO Technology
West joins the company after nearly 12 years with the Commercial Vehicle Group, Inc. where he most recently served as vice president of Seating and Structures within the Vehicle Solutions Division.
Electronics
Turntide Technologies Announces New CEO
Turntide Technologies
Former Brightdrop executive Steve Hornyak takes over as president and CEO, assuming the duties of Turntide Technologies founder Ryan Morris, who remains with the company in an advisory role.
Trends
Scania Establishes Erinion Charging Solutions Company
Scania AB
Erinion’s solutions will empower customers to transition to zero-emission fleets with premium uptime. This will be a key factor in fulfilling Scania´s declared ambition for 50% of its sales volume in Europe to be electric by 2030.
Trends
Building an Electrified Future for Commercial Vehicles
Roland Berger
A look at EVs in the logistics industry reveals long-term challenges: the capacity of today's charging infrastructure and electric grid and whether it can handle the electrification of MD and HD vehicles.
Mining
Epiroc Appoints Jodie Velasquez President Parts & Services APAC Division
Epiroc
Velasquez follows a 16-year run at Epiroc with her new role, Parts & Services Asia Pacific (APAC) division president, and also joins the group management team, effective immediately.
Tires & Wheels
OTR Names Ben Brown Global VP Sales & Marketing OEM
OTR Engineered Solutions
Brown joins the executive team, reporting directly to President and CEO Tom Rizzi, and will play an integral part in developing the company’s strategic OEM partnerships.
Industry News
Oshkosh Corporation Announces Leadership Transitions
Oshkosh Corporation
Effective immediately, executive vice president and CFO Michael Pack becomes president of the company's Vocational segment, succeeding Jim Johnson. Pack will continue to serve as CFO until a successor is named.
Industry News
Cummins Announces Retirement of SVP Tony Satterthwaite
Cummins Inc.
Satterthwaite, holding several critical sales, regional and business leadership roles at Cummins throughout his tenure, is set to retire in September 2024 after 36 years with the company.
Drivetrains
Twin Disc Acquires Katsa Oy
Twin Disc, Inc.
The move will broaden Twin Disc’s global reach through further expansion into growing European markets and add complementary products that diversify and enhance Twin Disc’s offerings in the industrial, marine and hybrid/electrification space.
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