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Business: Page 296
Business
Perkins, Ishikawajima Shibaura dedicate engine plant
Perkins Engines, a Caterpillar company, and business partner Ishikawajima Shibaura Machinery dedicated a small engines manufacturing facility in Griffin, Ga., May 13. Perkins Shibaura Engines is the first Perkins plant in North America, and will eventually produce 60,000 engines annually. The 55,000-square-foot plant is located near a larger Caterpillar operation in Griffin. The facility will […]
June 7, 2004
Business
Sale of Daewoo Heavy attracts 11 preliminary bids
The South Korean government has received 11 preliminary bids from companies wishing to buy all or part of Daewoo Heavy Industries & Machinery, according to reports by Reuters and The Financial Times. The deadline for non-binding proposals was May 18. The Korea Asset Management Corp, a government agency that is coordinating the sale, did not […]
June 7, 2004
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Business
Oshkosh Truck to acquire Jerr-Dan
Oshkosh Truck recently announced it has agreed to acquire Jerr-Dan, a manufacturer of towing and recovery equipment. As a manufacturer of specialty trucks and truck bodies, the acquisition will help Oshkosh expand its product lines and distribution network, said Robert Bohn, chairman, president and chief executive officer of Oshkosh. “We believe they are a great […]
June 4, 2004
Business
Cummins receives Tier 3 certification for off-highway engine
Cummins announced Monday the first of its off-highway engines slated for the January 2005 Tier 3 emission standards deadline has been certified by the Environmental Protection Agency. “Cummins’ significant investment in the right technologies has enabled our success in meeting regulations ahead of schedule,” said Bharat Vedak, vice president of industrial customer engineering. The Cummins […]
June 1, 2004
Business
Terex appoints chief change officer
Terex has given Bob Wilkerson, currently president of Terex Aerial Work Platforms, the additional responsibility of overseeing and accelerating changes underway as part of the “Terex Improvement Process.” While Wilkerson will continue as president of the aerial work platform business, some of his day-to-day responsibilities will be reassigned to the aerial work platform management team.
May 24, 2004
Business
Senate blocks overtime rules
The Senate blocked new Labor Department overtime rules on May 4, with a vote of 52 to 47. Opponents of the amendment say it would cause millions of workers to become ineligible for extra pay. If passed, it could have stripped overtime pay from skilled, non-unionized construction workers. Five Republicans broke with their party to […]
May 17, 2004
Business
Home Depot to buy White Cap Construction Supply
Home Depot announced May 6 it is buying out California-based White Cap Construction Supply. According to Home Depot’s leadership, the Atlanta-based retail company will take over White Cap’s 70 branches and 1,720 employees. The company does not, however, expect a banner or name change on White Cap’s storefronts. Home Depot executive vice president for business […]
May 17, 2004
Business
Godwin Pumps adds employees at North Carolina rental branches
Godwin Pumps has expanded its Charlotte and Raleigh, N.C., rental branch teams. Don Kyle is branch manager of the Charlotte office, overseeing sales, operations and new business development. The new office manager for the Charlotte branch is Theresa Coffey. She manages day-to-day office activities, including rental contracts, work orders and accounting. Kelly Waldrop has joined […]
May 17, 2004
Business
ATS names president, CEO
ATS Asset Tracking Services has appointed Don Douglas president and chief executive. Kim Kapp, who had been chief executive since 2001, will remain as a special advisor to the company. Douglas joined ATS as vice president, marketing, in 2002. He has spent his entire career in the high tech business sector, holding a variety of […]
May 17, 2004
Business
Tramac founder Bataille dies
Jacques Bataille, founder of the Tramac group of companies, died recently. The elder son of Georges Bataille, founder of Poclain, Jacques Bataille was born in France and joined the family agricultural equipment business after graduating from engineering school. He resigned as general sales manager in 1966, and then founded Tramac, which was known in the […]
May 10, 2004
Business
Whayne Supply to provide heavy equipment to Ghana
Whayne Supply Company will provide used heavy machinery to Ghana’s Ministry of Roads and Transportation with the help of the EconVillage Group, a company whose mission is to create, invest, deploy and sustain private commercial opportunities between African and Kentucky businesses. The multi-million dollar deal calls for Whayne Supply to provide heavy equipment such as […]
May 10, 2004
Business
Caterpillar forms leasing company in China
Caterpillar has formed a Beijing-based leasing entity jointly owned by Caterpillar Financial Services, with a 75-percent interest, and Caterpillar (China) Investment, with a 25 percent interest. Caterpillar (China) Financial Leasing will co-locate with CCI in Beijing, and will support Caterpillar dealers in China. Initial leasing could occur as early as the fourth quarter 2004, according […]
May 10, 2004
Business
Volvo sells LB Smith Florida territories
Volvo Construction Equipment has initiated the divestiture of former dealer L. B. Smith by selling its Florida distribution marketing area, with the exception of Tallahassee, to Flagler Construction Equipment of Orlando. The company will serve the area from current LB Smith branch facilities in Orlando, Ft. Myers, Jacksonville, Ft. Lauderdale and Tampa. Volvo CE purchased […]
May 10, 2004
Business
Caterpillar names group president, vice presidents
Caterpillar announced several personnel changes April 15. Group president Richard L. Thompson will retire July 1. He has administrative responsibility for Caterpillar’s gas turbine and reciprocating engine businesses as well as corporate research and development duties. He began his career with Caterpillar in 1983 as vice president of customer services at Solar Turbines, a Caterpillar […]
April 26, 2004
Business
‘Cool’ safety gear lets workers express their interests
Making proper safety gear a top priority on the jobsite is easier than ever with today’s variety of safety glasses and hardhats, which allow workers to express everything from support of their favorite football team to a love of Harley Davidson. “Style has always been a primary concern of the users of safety gear, not […]
April 13, 2004
Business
LBX names Link-Belt distributor in Alabama
LBX has appointed Snead Ag Supply & Service in Snead, Ala., an authorized Link-Belt distributor. The company, which has been in business since 1993, will carry Link-Belt excavators, articulated trucks, wheel loaders and material handlers.
April 12, 2004
Business
JLG to buy Delta Manlift, supply telehandlers to SAME Deutz-Fahr
Manitowoc announced March 29 that JLG has made a binding offer to buy its Delta Manlift subsidiary in France. Delta manufactures the Toucan brand of vertical mast lifts and a line of aerial work platforms primarily for industrial and maintenance operations. Manitowoc said in December it would discontinue parts of its aerial work platform business […]
April 12, 2004
Business
Small businesses receive record federal contracts in 2003
Small business contractors received more government contracts in 2003 than ever before, according to the U.S. Small Business Administration. The administration announced last week the federal government awarded $62.7 billion in contracting funds — 25 percent of all contracting dollars — to small businesses. During fiscal year 2002, approximately $53 billion in government contracts were […]
April 8, 2004
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