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Industry News: Page 34
Industry News
Bosch Rexroth Opens Production Plant in Mexico
Bosch Rexroth Corporation
The $174B investment will increase manufacturing capacity in North America, shorten delivery routes and create about 900 jobs by 2027.
Industry News
SIAP - Carraro Group and Bhavani Industries Announce Joint Venture: Synchrotec
Carraro Group
The new effort aims to focus on the design, development and production of synchronizers for off-road vehicles.
Industry News
ABB Opens New $6M Facility in Virginia
ABB Group
Investment demonstrates ABB’s continued commitment to growth in the U.S. market.
Trends
A Strong Aftermarket Strategy with Connectivity Helps OEMs and Their End Users
CONEXPO trend: From remanufacturing to telematics, providing aftermarket technologies and offerings is becoming standard.
Industry News
President Biden Visits Cummins Facility
Cummins Inc.
The company also announced more than $1 billion across its manufacturing network. The administration's Investing in America agenda played a role in this decision.
Industry News
Partnerships, Acquisitions & Expanded Capabilities Featured in this Industry Update
dSpace and AVES, Daimler and Siemens, and Qnovo and NXP partner.
Trends
From the Show Floor: CONEXPO Post-Show Roundup
The show exceeded attendance expectations; OEM Off-Highway team covered it all.
Industry News
Cummins, Isuzu Share New Technology During Work Truck Week & Green Truck Summit
Green Truck Summit featured a keynote from Cummins CEO and President Jennifer Rumsey
Engines
Yanmar Features Green Technology at CONEXPO
Yanmar America Corp.
From batteries to improved emission diesel engines, the company eyes a sustainable future.
Fluid Power
Bosch Rexroth Acquires HydraForce
Bosch Rexroth Corporation
The company completed the acquisition of hydraulic specialist HydraForce on February 3 after receiving approval from the antitrust authorities.
Market Analysis
Power Systems Research Truck Production Index for Q4 2022
Power Systems Research
The PSR-TPI measures truck production globally and across North America, China, Europe, South America, Japan and Korea, and emerging markets. Data comes from OE Link, a proprietary database maintained by Power Systems Research.
Industry News
Holland Pump Makes Acquisition; Doosan Rebrands
This industry update includes a large equipment company rebrand, an acquisition and expansion plans.
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