Tag: oems: Page 10

Business

JCB is building a $49 million championship golf course, complete with 18th century mansion-turned-clubhouse

JCB plans to build a championship golf course right in its own back yard. The $49 million course will be built mainly for the use of the company’s network of 770 dealers. It is planned as an 18-hole, Par 72 championship course and will be built on 240 acres to the south of the Rocester […]

January 13, 2014

Business

Manitou Group appoints Michel Denis president and CEO

The Manitou Group board of directors today named Michel Denis as the group’s new president and chief executive officer. Denis replaces interim president and CEO Dominique Bamas who was appointed to the position in March 2013. Bamas’ resignation was amicable and in accordance with agreements made with the board to step down once a permanent […]

January 7, 2014

Construction Equipment

JCB appoints Mirdha CEO of North American operations as veteran Patterson retires

JCB has named Arjun Mirdha as the new President and CEO of the company’s North American operations. Mirdha replaces industry veteran John Patterson who has retired after 43 years with the company. Patterson has led the company’s North American unit since 2008 as Chairman and CEO. Patterson will remain as Director of the JCB Group and […]

January 5, 2014

Construction Equipment

Caterpillar VP Hans Haefeli to retire, PRS VP Savage tapped as replacement

Hans Haefeli, Caterpillar’s vice president of Advanced Components & Systems Division (ACSD) has decided that he will retire April 30, 2014. Jean Savage has been tapped to replace Faefeli. Savage is currently senior vice president and Chief Operating Officer of the Locomotive and Railcar Services business unit for  Progress Rail Services (PRS), a Caterpillar subsidiary. Savage will […]

December 12, 2013

Business

JCB’s $244 million expansion plan will create 2,500 jobs in UK

Two new factories and a large expansion are in the plans for JCB as part of a $244 million plan that will create 2,500 jobs in the United Kingdom. The expansion plan will take place over a five year period and will be a huge boost for the county of Staffordshire where each of the […]

December 12, 2013

Business

Sany America names Mike Rhoda its new CEO

Mike Rhoda has been named chief executive officer of Sany America, replacing Tim Frank, who resigned in October. Rhoda has a broad construction equipment industry resume, including stints as chief technology officer at Doosan Infracore Construction Equipment, president and CEO of Volvo Construction Equipment’s excavator line, and senior management positions at Ingersoll-Rand. In a statement […]

December 10, 2013

Business

John Deere Q4 and fiscal-year profits again increase to record highs

For the third straight year and the 14th-straight quarter, John Deere has announced record earnings. And, based on the recovering economy and housing market, the manufacturer sees things pickup up for its construction equipment business in 2014. The heavy equipment manufacturer announced Wednesday that profit for the fourth quarter of the year was up 17 […]

November 20, 2013

Business

The latest in a string of closings, Caterpillar to shutter Virginia mining equipment plant, lay off 240 workers

The decrease in demand for mining equipment is still hurting Caterpillar as the company has announced plans to close another mining equipment plant and lay off an additional 240 workers. The Pulaski, Virginia plant manufactures coal haulers and other equipment and is slated for shutdown by mid-2014, according to a report from Reuters. The announcement is […]

November 18, 2013

Business

Martin Weissburg named next president of Volvo Construction Equipment

Martin Weissburg, currently the president of Volvo Financial Services (VFS), will be the next president of Volvo Construction Equipment. Near the end of October it was announced that current Volvo CE president Pat Olney is leaving the company at the end of the year. Olney has been named as the next chief operating officer of […]

November 18, 2013

Business

JCB donates $500k worth of backhoes, generators to Philippines typhoon recovery efforts

JCB has announced that it will send more than $500,000 worth of heavy equipment and generators to aid in the recovery efforts in the wake of the typhoon that hit the Philippines. Typhoon Haiyan hit the Philippine coast on Friday and swept across six of the country’s islands, displacing millions. The initial death toll estimate was […]

November 14, 2013

Business

Mike Ballweber named president of Doosan Portable Power

Doosan has announced that Mike Ballweber is the new president of Doosan Portable Power. Ballweber, who is being promoted from vice president of product management in the North America and Oceania regions of Doosan Infracore Construction Equipment (DICE), replaces former president Shawn Sweet. “Mike’s leadership and extensive knowledge of the market will have a positive impact […]

November 10, 2013

Business

Forbes: Sany, fellow Chinese equipment makers’ move into foreign markets “isn’t working”

It’s been a rough year for Sany. Back in January, despite the fact that a decade-long infrastructure boom in China had already come to a crashing halt, equipment manufacturer Sany had high hopes for its expansion into the U.S. and other foreign markets. The Chinese company told of its ambition to over take Komatsu and […]

November 7, 2013