Thunder Creek Equipment has added EquipmentShare as a dealer at locations in Columbia, Missouri, and Oklahoma City, Oklahoma.
The manufacture of fueling and preventive maintenance solutions offers products used in a variety of industries including construction, roadbuilding, oil and gas, and utility construction.
"EquipmentShare has a mission that combines technology, equipment, and support to ensure uptime, productivity, and efficiency," says Larry Lea, vice president of sales, at Thunder Creek Equipment. "Thunder Creek will support that mission by providing contractors in the region with innovative new ways to manage fueling, preventive maintenance, and mobile fleet management."
Established in 2015, EquipmentShare provides multiple lines of equipment manufacturers for a wide variety of customers, from large commercial construction to local contractors.
"Ensuring uptime through the smart use of technology is what has made EquipmentShare one of the fastest-growing integrated equipment rental and equipment asset management companies in the United States," says Thomas Pedrick, retail sales manager, at EquipmentShare. "Thunder Creek's product offering delivers a complete rethinking of how businesses take control of their fleet fueling and preventive maintenance activities in a way that saves time, money, and labor. Their solutions support the value we provide to our customers, and we look forward to offering these products at two of our locations.”
Kioti Adds New Executive Leadership
A new executive vice president and deputy CEO has been added to Kioti Tractor, the North American machinery brand of Daedong-USA Inc.
With the appointment of Chiwhan Yoon the equipment manufacturer is setting the stage for its long-term growth and company vision to move from being a farm machinery manufacturer to a total solution provider, offering customers a comprehensive range of products, platforms, services, and captive finance support.
In October, Kioti launched its HX Series, adding a new engine platform and higher horsepower tractor to its lineup. In addition, Kioti also recently entered the compact construction category with the introduction of its new TL750 compact track loader and the SL750 skid-steer loader.
“The equipment sector continues to rapidly evolve, and as we look to the future, we have aligned our vision to ensure Daedong and KIOTI Tractor are leading the industry. The organizational changes reflect this shift in strategy and our commitment to long-term growth,” said Peter Dong-Kyun Kim, president and CEO of Daedong-USA Inc. KIOTI Tractor Division. “
Yoon boasts more than 28 years of international success across a range of industries, including automotive, financial services, and consulting.
“As we move toward this vision as a total solution provider, I look forward to driving new products, platforms, parts service transformation, and financing solutions that address the top challenges our dealers and customers face,” Yoon said.
A key initiative for the company is to supplement its expanding product portfolio with new technologies, innovations, and services that will enable it to become a total solution provider.
Deere Names 2024 Startup Collaborators
Six companies have been chosen for John Deere’s 2024 Startup Collaborator program.
Launched in 2019, the program intends to enhance and deepen the company's interaction with startup companies whose technology could add value for ag and construction customers.
"The startup program is mutually beneficial for John Deere and the startup companies that participate," said Dennis Muszalski, vice president of module & electrification systems engineering. "The program is based on finding benefits for our customers. The goal is to learn together and explore new ways to help customers unlock more value in ways they never thought possible."
The companies participating in the 2024 Startup Collaborator include:
- Constellr: — a company measuring land surface temperature and water from its satellites at unprecedented accuracy levels to enable insights for a more sustainable future.
- Geminos — an artificial intelligence company empowering businesses to understand and leverage causality for enhanced decision-making.
- SB Quantum — a quantum sensing company focused on navigation based on a novel quantum magnetometer.
- Fermata Energy — a leader in vehicle-to-everything (V2X) bidirectional charging platform technology.
- goFlux — a Brazil-based logistics company focused on digital solutions to connect the ecosystem for freight transactions.
- Cloudscape Labs — a production management software company focused on providing job site visibility across the construction team to help meet production, cost, and safety targets.
Holcim To List North American Business in the U.S.
Holcim has announced its intent to list its North American business in the U.S. with a full capital market separation.
The transaction is intended to be executed as a spin-off, with the final structure to be communicated in the second half of this year. The listing is expected to be completed in 2025.
According to its website, Holcim has close to 350 sites in 43 states in the U.S. and employs 7,000 people.
“Holcim has reached a new level of financial performance and a superior earnings profile with industry-leading margins and a strong balance sheet,” said Jan Jenisch, chairman and CEO. “The success of our North American business makes it the leading pure-play building solutions company in the region. With a US listing, we will unleash its full potential to be the partner of choice for our customers in one of the world’s most attractive construction markets.”
According to Holcim, the North American business has had an average growth rate of more than 20% over the past four years. Net sales of $20 billion are projected by 2030.