Trends: Page 360

Market Analysis
Global investment in military vehicles strengthens
The demand for lighter weight and more agile vehicles is adding to the proof that the military industry is beginning to invest in future needs.
Engines
Worthington acquires Trilogy CNG fuel system technology
Worthington Industries
Acquisition of the Trilogy CNG fuel system technology will enable Worthington to accelerate growth of its alternative fuels business.
Market Analysis
Fleet Sentiment survey indicates strong equipment ordering to continue into 2016
CK Commercial Vehicle Research (CKCVR)
CK Commercial Vehicle Research's Fleet Sentiment survey shows fleet purchasing will be similar in 2016 to what it has been in 2015.
Q4 2015 Buying Index Chart 563774f84cc61
Engineering & Manufacturing
Vermeer names new President and CEO
Vermeer
Vermeer has named Jason Andringa President and CEO effective November 1.
Jason Andringa Headshot 563773555099f
Market Analysis
Global Armoured Vehicles: Market Report 2016
Global iQ
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Electronics
Maxwell reports revenue increase for third quarter 2015
Maxwell Technologies
Maxwell's third quarter results show a 19.3% revenue increase compared to the second quarter which was driven primarily by increased demand from the Chinese hybrid bus market.
Electronics
IKEA and TransPower commemorate year of success using electric yard tractor
Transportation Power Inc. (TransPower)
TransPower and IKEA recently celebrated a full year of testing and evaluation of a zero-emission electric years tractor featuring TransPower's electric propulsion technology.
Engines
Modine second quarter fiscal year 2016 sales decrease 2.3%
Modine Manufacturing Company
Modine's second quarter results for fiscal year 2016 show net sales declined 2.3% due to unfavorable exchange rates and economic conditions in certain markets.
Engines
Hexagon Composites releases third quarter 2015 results
Hexagon Composites ASA
Hexagon Composites reports a decline in operating results for the third quarter, but notes North America and Europe continue to be strong markets for the company.
Hardware
Timken third quarter sales decreased 10%
The Timken Company
Timken's 10% sales decrease for the third quarter was due in part to slowdowns in the industrial markets it serves.
Software
Automated vehicles continue to drive future product development
dSPACE
One of the recent key offerings from dSPACE is the platform for virtual development and validation – VEOS.
Mahendra Muli, Director of Marketing and New Business Development, dSPACE Inc.
Drivetrains
Technology gaps remain for hybrids
Bonfiglioli USA
By and large, the most important government regulation affecting our business is the PTC for wind power. Here's why.
Fausto Carboni, CEO Business, Bonfiglioli Group
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