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Industry News: Page 395
Market Analysis
Global Construction Equipment Market to Improve in 2016
Off-Highway Research forecasts global sales of construction equipment to grow 3.9% in 2016 with Europe, North America and India to be the markets in which growth will occur.
Engines
Mack Trucks Named Official Hauler of NASCAR
Mack Trucks Inc.
As part of the agreement, Mack Trucks has provided a fleet of custom-designed Pinnacle sleeper models spec'd to meet the needs of the NASCAR travel schedule.
Trends
Construction Climate Challenge activities at bauma
Volvo Construction Equipment
Volvo Construction Equipment will host Construction Climate Challenge events during bauma to help the construction industry see how it can aid global sustainability.
Drivetrains
Commercial Vehicle Group Breaks Ground for New Facility in Mexico
Commercial Vehicle Group Inc. (CVG)
Commercial Vehicle Group has broken ground on a new wire harness facility in Agua Prieta, Mexico that will serve the construction, agriculture and specialty vehicle markets.
Engineering & Manufacturing
Liebherr Unveiling 200 Tonne Mining Excavator at bauma 2016
Liebherr-International Deutschland GmbH
The new Liebherr R 9200 mining excavator features the largest bucket in its class, and is available in backhoe and face shovel configurations.
Market Analysis
VDMA Reports Cautious Optimism for German Agricultural Machinery Industry
VDMA Agricultural Machinery Association
VDMA says ongoing economic weakness continues for the German agricultural machinery industry, though signs of recovery in some markets and lower than expected declines in sales bring cause for cautious optimism.
Drivetrains
BKT Exhibiting AGRIMAX Agricultural Tire Range at FIMA 2016
BKT USA Inc.
BKT will display several tires for agricultural applications at FIMA, as well as distribute 10,000 footballs of which donations for will be donated to an organization supporting children suffering from cancer.
Drivetrains
Comer Industries Named Supplier of the Year by CLAAS
Comer Industries S.p.A.
Comer Industries recently received CLAAS' Supplier of the Year award in the Innovation category.
Engines
Cummins Reorganizing Kent Operations to Improve Efficiencies
Cummins Inc.
Cummins is moving its generator set assembly operations in Kent to other locations, and transforming the facility into a regional distribution and logistics center.
Drivetrains
Volvo Trucks Presenting New Features for Construction Trucks at bauma 2016
Volvo Group Global
New features Volvo Trucks will introduce include Automatic Traction Control, and a Tandem Axle Lift for trucks transporting heavy loads in one direction and returning empty.
Engineering & Manufacturing
Liebherr and Teufelberger Introducing New High-Strength Fiber Rope for Crane Operation
Liebherr-International Deutschland GmbH
Liebherr and Teufelberger have co-developed a new high-strength fiber rope that is lighter and more durable, and designed to increase cranes' load capacities.
Engines
Hexagon Composites Acquires Fuel Systems Integrator in Brazil
Hexagon Composites ASA
Hexagon Composites has acquired 67% of a Brazilian CNG integrator, establishing a new division for the development of fuel systems for South America and Africa.
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