Tag: investment
Sandvik has signed a EUR 500 million loan agreement with the European Investment Bank (EIB). The loan will support Sandvik’s investments in research and development (R&D), which include advanced solutions in component manufacturing as well as solutions for electrification...
Terex is pleased to announce its Series B investment in Viatec, Inc., a South Carolina-based manufacturer of plug-and-play electronic power take-off (“PTO”) systems that support electrification of utility fleets.
Terex is the lead investor in Series B. Other participants include...
Kubota Corporation announced its decision to discontinue the manufacture and sale of its rolling-mill rolls.
1. Reasons for Decision
Kubota began manufacturing rolling-mill rolls in 1918 and has been supplying them for more than a century since then.
However, market...
When Grúas Ibarrondo decided in 2019 to buy the new Liebherr LTM 1650-8.1 mobile crane, there was no way of knowing that just one year later a global pandemic would break out. But despite all the challenges, the company...
Bourgault Tillage Tools is not new to UK agriculture, as British farmers have purchased BTT products for many years. BTT has recognized they can play a significant role in the evolution of UK agriculture and want to duplicate the...
AGCO initiated an investment program worth over 100 million euros in 2019 to strengthen the manufacturing capabilities of AGCO Power, an AGCO subsidiary in Linnavuori, Finland, and AGCO’s global engine product portfolio.
A new and expanded assembly plant and a...
Leading UK Vp Hirer Brandon Hire Station has taken delivery of 70 x 1-tonne Hi-Tip dumpers, in a deal that will expand the company’s fleet, then via their circa. 160 branch network, satisfy the growing demand for Thwaites dumpers.
The...
A few weeks ago CECE was informed of the investigation of the South African ITAC - International Trade Administration Commission (ITAC). This investigation is assessing the petition of Bell Equipment requesting an increase in the preferential customs duty rate...
Incorporated in 1946, Blackwood Engineering will this year celebrate another key milestone in its history. The business, with its headquarters in Aberbeeg, South Wales, has a long-established presence and reliable reputation as an original equipment manufacturer (OEM) of castings...
Irish rental company Drogheda Hire & Sales have taken delivery of the first Sinoboom 1330SE micro scissor models sold in the Republic of Ireland.
The Sinoboom 1330SE micro scissor combines a 5.8m working height and a spacious 1.34m long deck,...
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