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Industry News: Page 416
Market Analysis
Deere announces fourth quarter and full year earnings
John Deere Ag and Turf Division
Deere & Co. reports a decline in sales for the fourth quarter and full year 2015 due to weakness in the global agricultural and construction markets.
Drivetrains
Titan sells brake and actuator business
Titan Tire Corp., a subsidiary of Titan Intl.
Titan Intl. has sold its North American brake and actuator business to Dexter Axle.
Fluid Power
HydraForce establishes LLC corporation in India
HydraForce Inc.
HydraForce India LLC will support sales and engineering activities in India, and help the company further solidify and grow its presence in the region.
Electronics
Renault Trucks presenting electric truck technologies during COP21 in Paris
Renault Trucks
During the 21st United Nations Climate Change Conference, Renault Trucks will display its Maxity Electric all-electric truck equipped with a hydrogen fuel cell and its 16 ton Renault Trucks D all-electric vehicle.
Market Analysis
FTR Shippers Conditions Index at near neutral reading for September
FTR Transportation Intelligence
The near-neutral reading of the FTR Shippers Conditions Index in September indicates a relatively good market for shippers, though it is expected to decline during the remainder of 2015 and into 2016.
Market Analysis
Agricultural machinery industry generates enthusiasm with innovation initiative
VDMA Agricultural Machinery Association
VDMA reports the innovations displayed at Agritechnica 2015 brought about a positive and enthusiastic response from many of the show's attendees.
Electronics
Vanner High Voltage Distribution Module (HVDM)
Vanner Inc.
The Vanner High Voltage Distribution Module monitors and distributes up to 30 kW of continuous power to accessory electrical systems.
Engineering & Manufacturing
First unit rolls off CNH's expanded production line at Iowa facility
CNH Industrial
Production of the first machine, a Case 750M dozer, has been completed on CNH's new production line at its facility in Burlington, IA.
Apps
AEF ISOBUS database now available as a smartphone app
Agricultural Industry Electronics Foundation (AEF)
Due to the growing use of mobile devices by farmers, AEF has released a smartphone app for its ISOBUS database.
Market Analysis
bauma 2016 booked to capacity once again
Messe Munchen International (MMI)
Exhibition space for bauma 2016 will occupy all 605,000 square meters of the trade-fair center; waitlisted exhibitors will for the first time be included in the show's online exhibitor directory.
Proximity Detection & Safety Systems
DEUTZ-FAHR Driver Extended Eyes technology wins Agritechnica Innovation award
Deutz-Fahr
DEUTZ-FAHR's Driver Extended Eyes technology was the recipient of a silver medal in the Agritechnica Innovation Awards 2015.
Engineering & Manufacturing
ZETOR introduces new tractor model ranges at Agritechnica 2015
Zetor North America
ZETOR introduced new model series tractors, expanding its range to include tractors with 50 to 200 hp power output.
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