Komatsu America Corp. introduces the HM400-3 articulated truck. With a net horsepower of 469 hp (350 kW), the HM400-3 is powered by a Komatsu SAA6D140E-6 engine and is EPA Tier 4 Interim and EU Stage 3B emissions certified. Komatsu leveraged its leadership in technology and innovation—building on its proven Tier 3 engine platform—to design an environmentally friendly engine that increases power while decreasing fuel consumption.
Titan International, Inc announces that the put option Goodyear had for the Amiens France facility has expired on November 30, 2011.
Goodyear and Titan had entered into an agreement in 2009 for Titan to acquire Goodyear’s Latin America farm tire business and their European farm tire business. The parties closed on the Latin America transaction on April 1, 2011.
The European farm business and related put option contained a clause that Goodyear had to have a social plan for the closing of the passenger car business in Amiens France leaving 537 jobs in the farm business. The factory unions have been successful in the French labor courts holding up such plans for a number of years.
AEM and its member companies applaud Congress for taking bipartisan action on the Free Trade Agreements for Colombia, Panama and Korea. The House of Representatives and the Senate both voted on Wednesday to approve the measures which will now go to the president for his signature.
“Not only will these agreements help level the playing field for U.S. manufacturers, increasing their global competitiveness, but there is widespread agreement that these export agreements will help job growth and boost our overall economy,”
said Dennis Slater, President of AEM.
“High tariffs on U.S. exports have stunted job growth in manufacturing and other sectors. Seeing these agreements move forward is crucial for our member companies to have the ability to compete in vital global markets.”
On September 21, 2011 the Construction segment of BAUER AG was awarded the contract to remediate the Center Hill Dam in Tennessee, USA. The contract was placed by the U.S. Army Corps of Engineers with local subsidiary BAUER Foundation Corp. following an extensive tender process. The specialist foundation engineering works involve installing approximately 29,000 square metres of underground cut-off wall and pressure grouting on the dam itself.
“This contract award demonstrates the strength of our company in dam remediation,” states Professor Thomas Bauer, Chairman of the Management Board of BAUER AG.”
Powerscreen has signed a dealer agreement with Continental Equipment Company, a distributor servicing the Kansas, Missouri, and Southern Illinois area.
Continental Equipment Company, is a Missouri-based privately held company which has been in business for more than 30 years. Patrick Brian, Powerscreen Global Sales and Marketing Director, said, “We are looking forward to working with Continental Equipment who already represents Terex Minerals Processing Systems product lines.”
President and CEO of Volvo Construction Equipment, Pat Olney, has used his first North American press conference to highlight the strategic importance of the North American market.
Speaking at a media briefing for Americas-based trade press journalists, Volvo Construction Equipment’s (Volvo CE’s) President and CEO, Pat Olney, outlined the progress on the company’s investment plans for North America.
In a statement issued by New Holland Construction the company announced that in North America it will refocus on its strengths: the compact product lines for the landscaping, utility, residential construction and agriculture industries, among others.
As a result, starting in 2012, New Holland Construction will begin withdrawing from the North American market its crawler dozers, motor graders, 80+ horsepower wheel loaders, 6+ ton excavators, and telescopic handlers. New Holland Construction will continue to offer compact products and associated attachments, including the successful skid steer loaders, compact track loaders, tractor loaders, loader backhoes, compact wheel loaders, and compact excavators.
Manitowoc Cranes has named Joe Maslizek as the new vice president of sales for Manitowoc crawler cranes and Grove mobile hydraulic cranes in North America.
Maslizek will oversee sales in North America for Grove and Manitowoc cranes, including distribution management and major accounts management in the region. He will report to David Hull, senior vice president of sales and marketing for North America.
Hull said that Maslizek’s industry knowledge will serve him well in his new role.
“Joe has been in the lifting industry for over two decades — half of that with Manitowoc,” he said. “His knowledge of our cranes, customers and the North American market is a valuable asset to our company.”
Association of Equipment Manufacturers (AEM) President Dennis Slater issued the following statement in response to President Obama’s speech to the joint session of Congress:
“Deteriorating infrastructure isn’t a campaign-year slogan; it’s a roadblock to commerce that hurts America’s farmers and manufacturers. The stark reality of the U.S. economy is that it cannot survive without a thriving agriculture and manufacturing base.
Over the past two years, political leaders have settled for no fewer than seven short-term extensions of the highway bill. However, roads and bridges aren’t funded or built a few months at a time. These critical projects require long-term investment.
LBX Company, maker of Link-Belt excavators, has announce the following management changes.
Don Harvell has been promoted to General Sales Manager for the Southern Region of the United States. In addition to his responsibilities as Sales Manager, Don will also have responsibilities for leading the company’s efforts to further develop business in the energy / pipeline industry and capture more opportunities with local and regional rental companies.