Business Roundup: Cat must reissue engine settlement checks; H&K now largest Taylor fork dealer; Dynapac adds Road Machinery of California and Arizona; Terex Cranes dealer adds 6 Demag units; New AEM vice chair

Updated May 7, 2018

AEM’s new vice chair is John Lagemann of Deere; Scott Harris of CNH Industrial joins board

John D. Lagemann, a Deere senior vice president of sales and marketing, has been elected  2018 vice chair of the Association of Equipment Manufacturers (AEM).

He fills the unexpired officer term of Jim Walker of CNH Industrial, who recently retired.

Also, AEM elected Scott Harris of CNH Industrial to the association’s board of directors to fill Walker’s unexpired 2018 term on the board.

“We are very pleased to announce John’s expanded leadership of AEM and welcome Scott to its board of directors,” says Dennis Slater, AEM president.


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Terex Cranes distributor Renegar-Driggers adding six new Demag All Terrain Cranes to inventory

Southeastern U.S. and Caribbean Island Terex Cranes distributor, Renegar-Driggers, says it will soon add six new Damag All Terrain Cranes to its inventory, including one AC 100-4L unit, two AC 160-5 models and three AC 220-5 units.

The recent order will help Renegar-Driggers Machinery continue to support its customers and their heavy workload, the company says.


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Road Machinery of California and Arizona joins Dynapac dealer network

Road Machinery of California and Arizona has joined the Dynapac North America dealer network.

Road Machinery rents, sells and supports the full Dynapac portfolio of pavers, soil compactors and asphalt rollers in the Arizona and Southern California markets. Founded in 1955 in Phoenix, Road Machinery has 14 branches, with 10 of them in California.

Road Machinery is a wholly owned subsidiary of Mitsui Ltd, which serves the construction, mining, forestry, paving and compaction markets with equipment, parts and service. Road Machinery also includes Kamatsu, NPK and Terramac products in its portfolio.


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H&K becomes largest Taylor forklift distributor in Mid-Atlantic

H&K Equipment has expanded its territory to become the largest distributor of Taylor Machine Works forklifts in the Mid-Atlantic region.

H&K now provides sales, service and support for Taylor products in western Pennsylvania, eastern Ohio, the Northern Panhandle of West Virginia, and Garrett and Allegany counties in Maryland. Its affiliate Taylor Northeast already covered eastern Pennsylvania, Maryland, New York, New Jersey, Delaware and parts of Virginia.

H&K Equipment’s territory now crosses eight states and covers over 100,000 square miles.


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Settlement checks to Cat engine owners issued for wrong amount

The company handling settlement payouts to Caterpillar engine owners has said it will be reissuing checks to former ACERT engine owners who were part of a $60 million class action settlement reached with the company in 2016. According to the website established for members of the class, which include anyone who owned or leased a truck with a Caterpillar ACERT engine manufactured between 2006 and 2010, a calculation error resulted in checks issued for the wrong amount.

Court documents indicate the checks shorted class members owed funds from the settlement. The settlement website says a stop payment has been issued for the checks and that the settlement administrator is “working to resolve this matter and promptly reissue settlement checks.”

A letter mailed to class members April 6 states that checks could be reissued within two weeks.


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