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Market Analysis: Page 41
Electronics
Bosch Rexroth Announces New CEO & President
Bosch Rexroth Corporation
Effective Oct. 1, 2023, Erwin Wieckowski, P.E., has been named the new president and CEO of Bosch Rexroth North and Central America.
Electronics
Mobile Hydraulics & the Shift to an IoT Environment
Bosch Rexroth Corporation
Bosch Rexroth’s Enrique Busquets answers 8 questions on connectivity in the new era of electrification
Engineering & Manufacturing
Volvo CE, Husqvarna, Atlas Copco Join Climate Initiative
Volvo Construction Equipment
Volvo CE, Atlas Copco Group and Husqvarna Construction will team up with the Sweden-U.S. Green Transition Initiative to showcase electrified construction of green infrastructure in the U.S.
Engines
Cummins Opens New High-Horsepower Engine Rebuild Facility in Krakow, Poland
Cummins Inc.
The company invested $10 million in the development of the facility, which remanufactures Cummins high-horsepower engines with displacements of 19 to 78 liters, and in the 450 to 3500 horsepower range, including Cummins’ QSK19, QSK38 and QSK60 engines.
Engineering & Manufacturing
Manitou Group Opens Madison Facility Expansion & Celebrates 50th Anniversary
Manitou Group
The expansion plan renovates and extends the existing 50-year-old, 325,000-square-foot building, and consists of an enlarged assembly line, enabling all assembly processes to occur within the same building, promoting greater efficiency.
Market Analysis
Leading Agriculture’s Transition to Net-Zero
Volvo Group Global
Hear Volvo Penta's insights on the challenges facing today’s OEMs and the wider farming community.
Drivetrains
Hendrickson Acquires Brunner Inc.
Hendrickson International
The acquisition includes Brunner International Inc., based in Medina, New York, and Brunner Manufacturing and Sales LTD., based in Niagara Falls, Ontario, Canada.
Agriculture
AGCO to Acquire Trimble Ag Assets & Technologies Via Joint Venture
AGCO Corporation
The transaction creates a global mixed-fleet precision agriculture platform and enhances AGCO’s comprehensive technology offering around guidance, autonomy, precision spraying, connected farming, data management and sustainability.
Tires & Wheels
Yokohama Off-Highway Tires Names Lawrence Harmon Global President-OE Business & Growth
Yokohama Off-Highway Tires (YOHT)
The new leadership appointment seats Harmon at the head of the company's Global OE Business and Growth segments. He will also be a member of the YOHT Executive Committee.
Operator Cab
Otto Controls Offers Large, Led-Illuminated Pushbuttons Available in Watertight Option
OTTO Engineering Inc.
The LP30M from OTTO Controls is a snap-action, commercial grade, LED-illuminated 30mm pushbutton that can be ordered watertight.
Engineering & Manufacturing
RISE Robotics Awarded $1.25M Contract to Modernize United States Air Force Ground Equipment
Rise Robotics
Funds will be dedicated to the development of highly efficient and precise electric munitions handlers to address the most pressing challenges in the Department of the Air Force (DAF).
Market Analysis
September 2023 Equipment Market Outlook
ITR Economics
Flat U.S. construction machinery orders paired with elevated interest rates and slowing economic activity will likely hinder demand for construction and related machinery purchases in the coming quarter.
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