Flash Facts

MANUFACTURER NEWS

EPA approves three Daewoo engines
The U.S. EPA has awarded Tier 2 emissions certificates to Daewoo Heavy Industries & Machinery for three engines that produce from 175 to 300 horsepower. These engines satisfy the EPA diesel emissions requirements for 2002 production models. Those rules require the manufacturer to prove its lower emissions over 8,000 hours of operation. The Daewoo DE12TIS, DE08TIS and DE08TS turbo diesel engines are currently available in the MEGA 300-V and larger wheel loaders and the SOLAR 300LC-V and larger track excavators.

Cat to reduce number of plant shutdowns, layoffs
Because customer demand for its on-highway truck engines improved in the fourth quarter, Caterpillar said it will reduce the number of temporary manufacturing shutdowns and employee layoffs it was planning. The company said in October it would temporarily layoff 3,270 employees in Illinois and Georgia. Now many of those employees will experience a shorter layoff period and some will not be laid off. The Mossville engine operations and fuel systems plants in Pontiac, Ill., and Jefferson and Thomasville, Ga., will be affected by the change.

Landoll forms financial services alliance
Landoll, an equipment trailer manufacturer, and Security Leasing Services have formed a program to offer retail financing for Landoll’s dealers and end customers. The new alliance is called Landoll Financial Services and also operates a website – www.landollfinancial.com — to handle online support for customers. Landoll Financial has already released programs for retail leasing, traditional debt products and rental.

PEOPLE ON THE MOVE

Index Sensors and Controls has hired Tony Thorne as electrical and applications engineering manager and Sunny McCormick as mechanical and manufacturing engineering manager. Thorne has 26 years of experience in areas including power management, engine and generator controls, microcontrollers, data loggers and test equipment. Most recently, he was engineering manager at Xantrex Technologies where he managed the design of inverter chargers for the renewable energies industry. McCormick has more than 30 years of experience in engineering design and management. In his most recent position as director of engineering for Xantrex Technologies, he managed a group developing power conversion products for the truck and alternative energy markets.

HAPPY NEW YEAR!
It’s already 2003 in the publishing industry. Because Equipment World works a month in advance, our January issue will be complete Dec. 1. It’s time to reach contractors when they have some down time and are planning their equipment needs and trade shows. Reach them through the pages of Equipment World! (800)633-5953