Category: International

HANDING OVER TO THE NEXT GENERATION AT TRADEBE

Victor Creixell, Executive Director, Tradebe USA (US CEO), will become the company’s new Tradebe Environmental Services Global CEO as of July 2017. Josep Creixell, the current president who founded Tradebe in 1983 and who has led the company since that date, will move on to setting up and leading the Board of Directors.

KOMATSU strengthens presence in Germany

Komatsu Mining Germany GmbH based in Düsseldorf and the Komatsu Hanomag GmbH based in Hanover are to merge, keeping both locations, to form Komatsu Germany GmbH.
Düsseldorf/Hanover, September 2016 – Komatsu is one of the leading construction equipment manufacturers globally with its head office in Tokyo, Japan and employs around 47,000 employees in 140 companies worldwide. In Germany, the company is active in both the construction equipment sector and in the mining business.

Komatsu Hanomag was founded in 1835 as the “Hannoversche Maschinenbau Actiengesellschaft” (Hanover Machine Construction Corporation) (HANOMAG) and has been a wholly-owned subsidiary of the global corporation Komatsu Ltd since 2002. At the Hanover site, wheel loaders and mobile excavators are developed and produced. The workforce in Hanover consists of around 600 employees.

CASE announces exclusive mini-excavator relationship with Hyundai Heavy Industries

CASE Construction Equipment announces a new exclusive agreement with Hyundai Heavy Industries for the production and development of mini-excavators.

Under the agreement, which also includes OEM supply, component and spare parts supply to CNH Industrial, CASE will be able to produce models of up to five tons at its plant in San Mauro, Italy. The two companies will also start a joint development program for new models introduction. This agreement applies globally, excluding the South Korean market, and has a ten year term with the option for renewal.

Ritchie Bros. to Acquire Ironplanet

• Increases customer choice; enhances online offerings; provides penetration into large, additional segments
•Business combination expected to significantly increase growth in revenue and earnings; effectively uses strength of Ritchie Bros.’ balance sheet
•Transaction expected to be accretive to earnings within first year (excluding acquisition-related costs)
• Long-term alliance reached with Caterpillar
With more than $US3 billion in annual online equipment sales, the combined company will rank among the world’s top 50 B2B e-commerce companies
Ritchie Bros. Auctioneers Incorporated, the world’s largest industrial auctioneer and a leading equipment distributor and IronPlanet, a leading online marketplace for used heavy equipment and other durable asset sales, today jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately US$758.5 million, subject to customary closing adjustments.

JCB Hint at Possible New World Record Attempt

JCB Chairman Lord Bamford has indicated a fresh attempt on the world diesel land speed record could be made in the future – if the one set by JCB exactly a decade ago is ever broken.

He was speaking at an event last night to celebrate the 10th anniversary of the JCB Dieselmax car – powered by two JCB engines – setting a diesel land speed record of 350.092 mph on the Bonneville Salts Flats, USA on August 23rd 2006. Lord Bamford joined members of the record breaking team at the World HQ in Rocester, Staffordshire, ahead of a special dinner to mark the milestone.

Caterpillar To Build Own Range of Mini-Excavators

Caterpillar has announced that following the ending of the alliance with Wacker Neuson, that the Building Construction Products Division will design and manufacture a new range of machines, building on the proven attributes of the larger Cat mini excavators.

Five of the current models (301.4C, 301.7D, 301.7D CR, 302.2D and 302.4D) manufactured by Wacker Neuson will phase out in mid-2018, and the 302.7D CR will phase out at the end of 2019. The 300.9D will also phase out at the end of 2019 or later if mutually agreed by both parties.

Wacker Neuson and Caterpillar to end strategic alliance for mini hydraulic excavators under three tons operating weight in 2018

Wacker Neuson has today announced that it has been agreed to terminate the strategic alliance for mini-hydraulic excavators that it has with Caterpillar since 2010 under a joint agreement. In 2010, Wacker Neuson and Caterpillar entered into a strategic alliance which saw Wacker Neuson developing and producing mini hydraulic excavators under three tons operating weight exclusively for Caterpillar.

They do not give any reason for the ending of the alliance. However, Roger Lindley, editor of Contractors World International has commented on what appear to identical products presented in each company’s corporate colours. However, the statement says Wacker Neuson will produce models ‘exclusively for Caterpillar’. (See article “Are Power Packs the Future for Compact Equipment?” page 46 where mini-excavators with a power pack are featured with virutally identical photographs for Caterpillar and Wacker Neuson.)

CDC and LafargeHolcim launch ‘14Trees’ – Joint venture to bring low-carbon, affordable housing materials to developing countries

14Trees will benefit from the expertise of LafargeHolcim’s R&D centre, the world’s leading building materials research centre, to help address the growing demand for affordable housing for some of the nearly 3 billion people around the world living in earth-based houses.

Many African countries face the effects of climate change as a result of widespread deforestation that is driven by the demand for wood used in the production of clay burnt bricks. An expanding construction sector boosted by population growth and urbanisation also puts pressure on resources and increasingly fragile ecosystems.

Durabric offers a solution to address these challenges, as the bricks are produced from a mixture of earth and cement, compressed in a mould, and left naturally to cure without firing, in the process saving up to 14 trees per house. By avoiding this firing phase, Durabric reduces greenhouse gas emissions tenfold compared to traditional fired bricks.

Bronze Artwork Honours ‘Mr JCB’ on the Centenary of his Birth

The centenary of the birth of JCB’s Founder has been marked with the unveiling of a specially commissioned bronze bust.

Joseph Cyril Bamford CBE was born on June 21st, 1916 at the family home, The Parks, Uttoxeter, Staffordshire, the son of Cyril and Dolores Bamford. As a youngster playtime was spent building cars and boats – early signs of an inventive flair which would see him become one of Britain’s most celebrated engineers.

Yanmar Take Over Terex compact construction equipment

Yanmar Holdings Co., Ltd. concluded a final agreement with Terex Corporation to acquire Terex Corporation’s German compact construction equipment business for approximately US $60 million. Terex carries out the production and sale of wheel loaders, midi/mini excavators, wheel excavators, and other products in Europe through this business. Included in the acquisition is the manufacturing facility located in Crailsheim, Germany and the parts distribution center located in Rothenberg, Germany.

This acquisition will allow Yanmar to further actively develop their business in the small to medium sized construction machinery market in Europe by collectively utilizing the sales and service networks, and industry product development and production knowhow of both companies.