Market Analysis: Page 22

Hexagon Acquires Xwatch

Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites, including height control, slew control and rated capacity indication for heavy machinery.

Brokk Opens New Distribution Center in Canada

The new 4,000-foot distribution facility marks an expansion of its network and will house the full line of demolition machines with attachments as well as Aquajet Hydrodemolition robots and parts inventory for both brands.

Brokk, manufacturer of remote-controlled demolition machines, recently opened a distribution center in Hamilton, Ontario.

DEUTZ Names New CEO of Green Segment

DEUTZ Corporation

Bert van Hasselt has been appointed as the Green segment’s first CEO and will be responsible for the targeted development of alternative drives. The decision follows the restructuring of the segment that was initiated last year.

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Volvo CE Takes Minority Stake in VizaLogix

Volvo Construction Equipment

Volvo CE has taken a 22% ownership stake in VizaLogix, a U.S.-based software-as-a-service (SaaS) company specializing in digital, brand-neutral solutions for machine monitoring, servicing and tech support.

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Information Sharing in Vertical Relationships: How to Avoid Antitrust Issues

Frost Brown Todd

Best practices for evaluating accommodation agreements and understanding the risk of sharing competitively sensitive information between companies in vertical relationships.

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Freudenberg Xpress Acquires Trygonal Group

Freudenberg Sealing Technologies - NOK

The purchase strengthens the company's global business unit, Freudenberg Xpress, an expert in small and medium batch sizes, rapid prototyping and customer-specific sealing solutions.

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Oshkosh Corporation to Acquire AUSA

Oshkosh Corporation

Upon closing, AUSA will become part of the Oshkosh Access segment. The companies began working together through a partner agreement in 2020, with AUSA manufacturing the JLG-branded SkyTrak 3013 compact telehandler.

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Market Analysis

Q1 2024 Truck Production Index Points to Modest Decline

Power Systems Research

Power Systems Research's Truck Production Index suggests medium and heavy commercial vehicle production in many areas is expected to decline, while production in China, South America, Japan and Korea is expected to improve over last year.

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John Deere Announces M Series Controllers With New Eagle Raptor Software

John Deere Power Systems

The partnership offers OEMs a complete open-platform solution for their specialized applications that integrates rugged hardware with a streamlined software solution.

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Kohler Co. Closes Transaction to Establish Kohler Energy as Independent Business

Global investment firm Platinum Equity is now the majority owner of the Kohler Energy business, and Kohler Co. remains an investment partner. Financial details are not being disclosed.

Kohler Co. and Platinum Equity have announced the companies have closed the transaction to establish Kohler Energy as a separate, independent business.

SAE International Terminates CEO

SAE International

The move follows a formal investigation that revealed behaviors and actions inconsistent with the organization's code of conduct, culture and values. Carla Bailo and Greg Bradley will serve as co-CEOs until a replacement is named.

Cummins Promotes Allison Trueblood to VP, Cummins Emission Solutions

Effective May 1, 2024, the former Cummins Fuel Cell and Hydrogen Technologies leader steps into her new role and aims to to grow business and execute on the company's Destination Zero strategy.

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