Market Analysis: Page 47

Industry News
Westport Announces Resignation of CEO & Names Interim CEO
Westport Fuel Systems Inc.
David Johnson steps down as CEO as Tony Guglielmin acts as interim CEO until a replacement is selected
Westport Fuel Systems Inc Westport Announces Resignation Of Dav
Market Analysis
August 2023 Equipment Market Outlook
ITR Economics
Economic data indicates an approaching low for the U.S. industrial sector. On the construction machinery front, struggles suggest weakness ahead for new orders, with equipment rentals likely growing in popularity relative to equipment purchases.
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Rotary & Encoder
POSITAL Introduces New Generation of Absolute Encoders
POSITAL Inc.
The updated IXARC magnetic encoders feature improved performance (up to 18-bit resolution), energy efficiency and optimized Wiegand package featuring a newly developed ASIC that functions
IXARC Encoders
Market Analysis
Inside the Data: What's the Latest on US Construction Machinery New Orders?
ITR Economics
Rentals may be on the rise as elevated interest rates and slowing economic activity hinder demand for construction and related machinery purchases in the coming quarters.
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Drivetrains
Ametek Dynamic Fluid Solutions & Bison Gear & Engineering Corp. Combine to Form New Bison
AMETEK, Inc.
Offering customers an expanded product portfolio, customization and integration support, accelerated time to production and global manufacturing flexibility
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Telematics
Zonar Appoints Michael Gould to President & CEO
Zonar
Gould will lead the strategic growth of Zonar in the pupil, transit, freight and vocational markets, as well as embedded OEM technology
Michael Gould, president and CEO, Zonar
Electronics
Phoenix Contact Introduces New 30-Kilowatt DC Power Modules
Phoenix Contact
The CHARX AC/DC and DC/DC power modules offer efficient power for e-mobility and other high-power applications
CHARX power modules
Drivetrains
John Deere, Kreisel to Build Batteries & Chargers in Kernersville, North Carolina
John Deere Power Systems
This new facility will have a non-fossil-fuel-consuming design, prioritize sustainable energy features in major systems, and support a production capacity increase to serve the off-highway market in North America
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Industry News
Cummins & Taylor Machine Works Announce Plans for Hydrogen Engine Integration
Cummins Inc.
The signed letter of intent aims to integrate the Cummins 6.7-liter and 15-liter hydrogen engines into the Taylor product line
Cummins B6.7H hydrogen engine
Industry News
Cummins Announces New Off-Highway Leadership
Cummins Inc.
The company has named Beau Lintereur executive director, Cummins Off-Highway Engine Business, and Eric Neal has moved to a new role, leading Cummins' new product introduction programs developing the next generation combustion engines
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Engines
Perkins Expands EU Stage V Offering
Perkins Engines Company Limited
The new 2806J-E18TAG1 ElectropaK, an 18-litre engine, is designed to meet the critical needs of the electric power generation industry
The 18 litre 2806J-E18TAG1 ElectropaK produces up to 610 kVA at 50 Hz and is switchable to 60 Hz, delivering up to 625 kVA.
Industry News
Daimler Truck's CFO Dies in Tragic Accident
Daimler Truck North America LLC
Daimler Truck announced its CFO, Jochen Goetz, died on Aug. 5, 2023
Jochen Goetz
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