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Viewing 421 to 443 of 443
2008-06-19
Article
Komatsu Utility Co., Ltd., a subsidiary of Komatsu Ltd. that produces and sells forklift trucks and mini construction equipment, is restructuring its operations in Japan. In February 2009, the company will transfer the production of mini hydraulic excavators from the Kawagoe Plant in Kawagoe City, Saitama prefecture, to the Tochigi Plant in Oyama City, Tochigi prefecture, to consolidate its domestic production.
2008-06-19
Article
Bucyrus and Huainan Mining Industry (Group) Co., Ltd. have established the basis for the potential creation of a joint venture in the Huainan mining area of Anhui province, China. The preliminary agreement contemplates Bucyrus owning a controlling interest in a joint venture that would involve the building of a new manufacturing facility in the Huainan mining area that would initially manufacture belt systems and armored face conveyors for resale to Huainan Mining, as well as to other third parties in China and elsewhere.
2008-06-19
Article
Veri-Tek International Corp.’s Manitex subsidiary signed an agreement with Dostavka-Service Corp. Ltd. (DSC), a Russian distributor with retail sales and crane rental fleets headquartered in Moscow, to distribute its 50- and 30-ton (45- and 27-t) Manitex boom trucks beginning in July 2008.
2008-06-19
Article
Parker Hannifin Corp. has acquired Vansco Electronics, a designer and manufacturer of electronic controls, displays and terminals, communication and operator interfaces, and sensors. Vansco systems for mobile equipment include key applications for agricultural, construction, material handling, bus, RV, and specialty truck equipment.
2008-06-19
Article
Terex Corp. has acquired Hydra Platforms Mfg. Inc., a manufacturer of truck- and trailer-mounted self-erecting under-bridge access equipment used for bridge construction, maintenance, and inspection. Hydra Platforms will become part of the Terex Roadbuilding segment and will work with the company’s Bid-Well subsidiary.
2008-06-19
Article
Caterpillar Inc., Mitsubishi Heavy Industries Ltd. (MHI), and Shin Caterpillar Mitsubishi Ltd. (SCM) signed definitive agreements that include a share redemption plan that will result in Caterpillar owning 67% of SCM.
2008-06-19
Article
Deere & Co. signed an agreement with the Russian government and local authorities to invest $80 million in a central operations center in the Kaluga region. In its initial stage, the 98-acre (40-ha) facility will accommodate a 322,000-ft² (30,000-m²) replacement parts distribution center; a training facility for dealer personnel, including a product demonstration site; and a whole goods distribution facility.
2008-06-19
Article
Finmeccanica S.p.A. and DRS Technologies Inc. signed an agreement under which Finmeccanica will acquire 100% of DRS’ stock for $81 per share in cash, totaling $5.2 billion. DRS will operate as a wholly owned subsidiary, maintaining its current management and headquarters.
2008-06-19
Article
Daimler AG has agreed to acquire EQT’s 22.3% equity interest in off-highway engine producer Tognum AG. At €20 per share, the purchase price would be approximately €585 million, making Daimler the largest shareholder in Tognum.
2008-06-19
Article
Raytheon Co.’s Integrated Defense Systems (IDS) has formed Seapower Capability Systems to provide solutions for domestic and international navy customers. Seapower Capability Systems was formed by consolidating two former IDS naval business areas.
2008-06-19
Article
Caterpillar Inc. and Claycrete Ltd. signed a marketing agreement to provide a roadway and pad construction solution to operators of mines and oil and gas sites as well as to owners and builders of unpaved and paved roads.
2008-06-19
Article
Modine Manufacturing Co. has won programs from Great Wall Motor in Baoding, Hebei Province, China, valued at $14 million to supply exhaust gas recirculation (EGR) coolers for 2.0-L diesel engines. These programs will begin in 2009 and extend over the next five years.
2008-06-19
Article
The Manitowoc Co., Inc. formed a joint venture with the shareholders of TaiAn Dongyue Heavy Machinery Co., Ltd. for the production of mobile and truck-mounted hydraulic cranes. The joint venture is located in TaiAn City, Shandong Province, China.
2008-06-19
Article
The U.S. Army Tank-automotive and Armaments Command (TACOM) Life Cycle Management Command awarded a $185 million contract modification to BAE Systems for the manufacture of 90 Army-configured M88A2 Hercules recovery vehicles, four U.S.
2008-06-19
Article
Northrop Grumman Corp. and Oshkosh Corp. selected Plasan, a developer and manufacturer of add-on armor systems for the military and commercial market, to assist with the design and engineering of the armor for the Joint Light Tactical Vehicle (JLTV) program.
2008-06-10
Article
PSA’s R&D Director, Pascal Henault, talks about super-efficient new powertrains in development, and the challenge of an OEM doing niche vehicles.
2008-06-10
Article
Reinert, that is. And he has not yet joined the plug-in-electric bandwagon.
2008-05-13
Article
The automobile is now entering the “always-connected” world, rapidly becoming the ultimate mobile computing platform. Denis Griot, Senior Vice President and Chairman, Europe, Middle East & Africa Region, Freescale Semiconductor, says that three key “mega trends” are having an enormous impact on the global automotive industry.
2008-04-25
Article
FANUC Robotics’ five-axis LR Mate 200iC/5H robot, which is designed especially for small part assembly applications typically handled by SCARA-type robots, meets the needs of a variety of industries including electronics, plastics, and machinery.
2008-04-11
Article
General Motors is making energy conservation a key part of its strategic focus, with a number of programs designed to cut fuel consumption in all parts of the globe. And though Vice Chairman Bob Lutz is confident that GM can gain a lead position in the new focus on green vehicles, he’s not shy about criticizing government regulations that are helping drive the transition.
2008-03-31
Article
Offering improved efficiency, flexibility, and integration, the RTT DeltaGen 7.0 3-D design and visualization software package from RTT USA features a real-time raytracer that runs on a standard single-CPU computer at rapid images-per-second speed.
2008-03-31
Article
AutomationDesk 2.0 is a completely reworked version of dSpace¿s test automation software that provides new user-interface options and enhanced usability.
2008-03-31
Article
Chrysler’s traditional approach to vehicle development has taken a detour as engineers recently started using bio-mimetic topology optimization and an advanced engineering process as a means of designing safer, lighter automobiles. The new process helps to identify which body-in-white zones have the highest strain as well as prime locations for the various critical load paths on the vehicle.
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