Month: January 2019

  • Increase Of Orders For HVAC Units To Be Overhauled In China

    By 2018, Zhejiang Liebherr Zhongche Transportation Systems has completed the overhaul of already a large number of heating, ventilation and air conditioning (HVAC) units for underground trains operated by Shanghai Metro Lines 7, 9 and 13. The company had been contracted for the overhaul of Metro Vehicle HVAC units. The…

  • Oshkosh Corporation Reports Fiscal 2019 First Quarter Results

    Oshkosh Corporation today reported scal 2019 rst quarter net income of $109.0 million, or $1.51 per diluted share, compared to $56.4 million, or $0.74 per diluted share, in the rst quarter of scal 2018. Results for the rst quarter of scal 2019 included a $7.0 million tax charge related to an adjustment of…

  • New Fleet Management Solutions With Genie Lift Connect Telematics

    Developed in direct response to rental customers’ unique business needs, the new Genie® Lift Connect™ program is a telematics offering focused on actionable information, flexibility and transparency. No matter what size of aerial equipment fleet — from 10 to 10,000 machines — equipment management is something that rental stores do every day. From…

  • Caterpillar Reports Fourth-Quarter And Full-Year 2018 Results

    Caterpillar Inc. today announced fourth-quarter and full-year results for 2018. Sales and revenues in the fourth quarter of 2018 were $14.3 billion, compared with $12.9 billion in the fourth quarter of 2017, an 11 percent increase. Fourth-quarter 2018 profit was $1.78 per share, compared with a loss of $2.18 per…

  • WEX Completes Acquisition Of Noventis

    WEX Inc a leading provider of corporate payments solutions, today announced the completion of its previously announced acquisition of Noventis, an electronic payments network focused on optimizing payment delivery for bills and invoices to commercial entities. “We are excited to announce the close of this acquisition, which enhances WEX’s extensive corporate…

  • Constellium Supplying Aluminium Components to a Premium Automaker in Germany and Mexico

    Constellium N.V announced today that it is providing front Crash Management Systems and other aluminium structural components to the new Mercedes-Benz A-Class from its plants in Gottmadingen, Germany, and San Luis Potosí, Mexico. Constellium is supplying two derivative vehicles of the Mercedes-Benz A-Class global platform. Aluminium Crash Management Systems improve…

  • Norske Tog AS To Roll Out Trimble’s Rail Asset Owner Maintenance System for its Passenger Trains in Norway

    Trimble announced today that the Norwegian state-owned train leasing company, Norske tog AS (NT), has selected the Trimble® E2M engineering asset and maintenance management system to manage data related to its leased rail vehicles. The system will give both NT and rail franchisees in Norway an information overview of key data…

  • Topcon Releases Upgrade Of MAGNET Software Suite With New Features And Organization

    Topcon Positioning Group announces the newest edition of its suite of software solutions — MAGNET®5.1. The upgrade is packed with new features, modules and support, as well as a reconfiguration of the Office portfolio designed for simplicity. New updates to MAGNET Field include support for the new HiPer VR GNSS receiver,…

  • Topcon Announces Advanced Concrete Application Workflows

    Topcon Positioning Group announces a new workflow bundle designed to modernize concrete FFL (Floor Flatness and Levelness) applications. A new ClearEdge3D development and sales partnership with a leader and pioneer in 3D laser scanning software for construction QA/QC, Rithm, is prominently advancing the Topcon concrete application offering with a new hardware…

  • Trimble’s Tekla Structures Covers The Complete Bridge Design Workflow With New Bridge Creator Extension

    Trimble introduced Tekla Bridge Creator, a new extension for Tekla Structures Building Information Model (BIM) software that integrates the complete bridge design workflow from design geometry to constructible modeling and detailing. This new solution expands upon Trimble’s Constructible Process, an innovative approach for enabling the digital transformation of architecture, engineering and construction…

  • Loxam Completes The Acquisition Of UK Platforms

    The Loxam Group (“Loxam”) announces that its wholly-owned UK subsidiary, Nationwide Platforms Limited (“Nationwide”), has completed the acquisition of UK Platforms Limited (“UKP”) from HSS Hire Group plc (“HSS”). UKP has approximately 120 employees and operates a fleet of circa 3,000 powered access units. “I am delighted to welcome UKP’s skilled and experienced management…

  • Constellium Completed Purchase of 49% Stake in Auto Body Sheet Joint Venture in Bowling Green, Kentucky

    Constellium N.V announced today that it completed the previously disclosed purchase of Tri-Arrows Aluminum Holding Inc.’s 49% stake in Constellium-UACJ ABS, LLC for $100 million plus the assumption of 49% of approximately $80 million of third party debt at CUA.   https://www.constellium.com/news/2019/01/11/constellium-completed-purchase-49-stake-auto-body-sheet-joint-venture-bowling-green  

  • JLG LAUNCHES “CREWS ACROSS AMERICA” SWEEPSTAKES

    JLG Industries, Inc., an Oshkosh Corporation company [NYSE:OSK] and a leading global manufacturer of aerial work platforms and telehandlers, has announced its “Crews Across America” sweepstakes, a contest designed in the company’s 50th year to celebrate the hard-working crews from coast to coast who use aerial work platforms and telescopic handlers. “When JLG…

  • Lear’s EXO Technology Signs Hyundai as its First Development Partner

    Lear Corporation, a global leader in automotive technology, today announced it has signed Hyundai-Kia America Technical Center, Inc. (HATCI) as the first development partner in its EXO Technology Partnership Program. Lear’s EXO high accuracy vehicle positioning technology is a proprietary Global Navigation Satellite System (GNSS) solution designed to meet the…

  • MAHLE Acquires Transmission Specialist

    MAHLE is taking over the transmission specialist ZG-Zahnräder und Getriebe GmbH, based in Eching, near Munich/Germany. With this step, the technology group MAHLE is further developing its competence in the entire powertrain. It has been mutually agreed that the details of the agreement and the purchase price will not be…

  • Tower Cranes Division Introduced To Liebherr-Australia

    From January 1 2019, Liebherr-Australia will take over the business activities, including all the employees, locations and current contracts and customers of Morrow Equipment Co. L.L.C, as the Tower Cranes Division of Liebherr-Australia. The Tower Crane family is looking forward to growing the business of Tower Cranes in Australia whilst…