Market Analysis: Page 24

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.

Ausa Release Image

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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.

Adobe Stock 97833893

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.

Vermeer's Andringa Inducted Into Horizontal Directional Drilling Association Hall of Fame

Andringa’s journey began in the late 1980s when she expanded on the vision of the founder of Vermeer, Gary Vermeer, who aimed to install utilities underground without disturbing the surface.

Under the leadership of Andringa, Vermeer introduced the first HDD for testing in 1991.

Cummins Begins Manufacturing Hydrogen ICE for Tata Motors at New Facility

The first B6.7H hydrogen internal combustion engines, manufactured in Cummins' new facility in Jamshedpur, India, rolled off the production line in March 2024 and will now be integrated into Tata Motors’ trucks.

Tcpl Ges Hydrogen Based Internal Combustion Engine

Regal Rexnord Corporation Closes Sale of Industrial Motors & Generators Business to WEG

Regal Rexnord Corporation

The company closed the transaction for total consideration of $400 million and anticipates that aggregate net proceeds will approximate $355 million, which the company intends to use the aggregate net proceeds from the transaction to reduce its debt.

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AEF & AgGateway Highlight Digital Infrastructure at National Mall Event

Agricultural Industry Electronics Foundation (AEF)

Taking place May 6-8, 2024, in Washington, D.C., the event provides an opportunity for the ag industry and legislators to share in a dialogue together, promoting a better understanding of regulations, compliance and challenges.

Taking place May 6-8, 2024, in Washington, D.C., the event provides an opportunity for the ag industry and legislators to share in a dialogue together, promoting a better understanding of regulations, compliance and challenges.

Red Dot Names John Beering CEO

Red Dot Corporation

Beering will work with Red Dot’s board of directors, executives and teams to drive the company's strategic vision, including optimizing operations and manufacturing capabilities, generating momentum across each facility and cultivating relationships.

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Moveero Appoints David Geraghty to CEO

moveero (formerly GKN Wheels & Structures)

Geraghty, former president of Yokohama Off Highway Tires, America, now takes the helm as CEO at moveero to drive the next stages of growth across the U.S. and worldwide.

David Geraghty, new CEO of moveero

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