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Industry News: Page 354

Electronics
Tesla to Produce Semis and Buses
Tesla founder Elon Musk has announced the company has begun developing electric heavy-duty trucks and buses.
Market Analysis
Deere Announces Factory Layoffs
John Deere Ag and Turf Division
Deere will layoff approximately 120 production employees at its Harvester Works facility in East Moline, IL.
Electronics
UQM Extends Long-Term Supply Agreement with Proterra
UQM Technologies Inc.
UQM and Proterra have extended their long-term supply agreement due in part to increased demand for Proterra buses in the U.S.
Engines
Iveco and Iveco Bus Continue to Grow Natural Gas Solutions
CNH Industrial
Orders for Iveco's natural gas vehicles continues to grow, as does the company's development of natural gas technologies including biomethane.
Engineering & Manufacturing
Atlas Copco Names New President to Grow North American Business
Epiroc
Atlas Copco has named Scott Carnell President of its U.S. division to grow its product lines including construction tools, portable energy and road construction equipment.
Market Analysis
FTR May Shippers Conditions Index Falls, Reflecting Rise in Spot Rates
FTR Transportation Intelligence
FTR reports the May Shippers Conditions Index fell to a reading of -2.8 due to seasonal increases in spot freight rates, but is expected to remain in neutral territory the remainder of the year.
FTR May2016ShippersConditionsIndex 579632513b023
Market Analysis
CEMA Re-Elects Richard Markwell as President
CEMA - European Agricultural Machinery Industry Association
CEMA has re-elected AGCO'S Richard Markwell as its President, serving another two-year term.
GPS
Trimble Establishes Agriculture Business Solutions Group
Trimble Inc.
The Trimble Agriculture Business Solutions group will provide customers with technology integration across their business and data solutions for improved operational efficiencies.
Engineering & Manufacturing
Zetor Tractor Creates Picture in Field to Achieve Entry in Guinness Book of Records
Zetor North America
As part of its 70th anniversary celebrations, a Zetor Crystal tractor has created a picture in a 20.7 hectare field in hopes of achieving a Guinness World Record.
20160725 Litva 5 5796402ce7af4
Market Analysis
Inaugural INTERMAT ASEAN to Take Place in 2017
INTERMAT ASEAN will exhibit the latest products and innovations needed to help the ASEAN region meet its growing infrastructure development needs.
20160624 INTERMAT logo ASEAN 57962b4f7478f
Market Analysis
INTERMAT ASEAN
The second edition of INTERMAT ASEAN will take place in September 2018.
20160624 INTERMAT logo ASEAN 57962cff22532
Engines
Liebherr Exhibiting New Mining Equipment at MINExpo 2016
Liebherr-International Deutschland GmbH
At MINExpo, Liebherr will present for the first time its 100 tonnes mining truck while the Components Division will display a new Series V diesel engine.
Liebherr 100 tonnes truck
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