CASE announces exclusive mini-excavator relationship with Hyundai Heavy Industries

September 15, 2016
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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.
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Ritchie Bros. to Acquire Ironplanet

September 1, 2016
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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.
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Engineering firm paving the way for future habitat development options in Bahrain

August 31, 2016
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Engineering firm paving the way for future habitat development options in Bahrain

International engineering consulting firm ByrneLooby has been commissioned to undertake a pilot study which could lead to the restoration of seagrass in certain areas of Bahrain’s marine environment.

The ByrneLooby office in Bahrain are undergoing a pilot study to relocate seagrass in order to enhance existing habitats with the overall aim of increasing marine life within an area of reclamation. If successful, the project could be the start of much larger scaled operations providing many developers across the Kingdom of Bahrain with a tangible option for environmental compensatory measures. While the replantation of seagrass has been attempted elsewhere in the Middle East, it is understood to be a first in Bahrain.
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JCB Hint at Possible New World Record Attempt

August 25, 2016
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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.
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Groundforce appoints European sales director

August 25, 2016
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Groundforce appoints European sales director

Groundforce appoints European sales director - Nigel Robbins rejoins Groundforce in a new role.

Specialist ground engineering and equipment supplier Groundforce has further stepped up its focus on Europe by appointing a new sales director for the region.

Nigel Robbins rejoins the company after almost four years in Australia setting up a new division of top-end hydraulic ground shoring solutions for a company he had also worked with previously.

As well as this, he brings to the European sales director role for Groundforce a total of more than 12 years’ experience with Vp plc in positions ranging from business development manager for ESS Safeforce, regional sales director for Hire Station, and regional sales director and national technical sales manager for Groundforce.
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Caterpillar To Build Own Range of Mini-Excavators

August 25, 2016
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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.
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Wacker Neuson and Caterpillar to end strategic alliance for mini hydraulic excavators under three tons operating weight in 2018

August 25, 2016
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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.)
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