The mixed-fleet telematics standard from the Association of Equipment Manufacturers (AEM) and Association of Equipment Management Professionals (AEMP) has received approval from ISO, the International Organization for Standardization, to be accepted as a global standard.
Industry News News
Komatsu has announced that it has signed a definitive agreement with Joy Global Inc. a leading manufacturer of surface and underground mining equipment, under which Komatsu America Corp. a wholly-owned subsidiary of Komatsu in the USA, will acquire 100 percent ownership of Joy Global The Acquisition is expected to close in mid-2017, subject to the approval of shareholders of Joy Global and the receipt of necessary regulatory approvals under laws. The Acquisition is in line with Komatsu's strategy to strengthen it's core mining equipment business in an effort to achieve sustainable growth.
Kubota Engine America Corp. is honoring two of the company’s longstanding distributors, M.G. Bryan Equipment Company serving Oklahoma and Northern Texas, and East Coast Power with four locations serving Atlantic Canada. Kubota recognized and awarded M.G. Bryan Equipment Co. with 30 years of dedicated service, growth and partnership representing Kubota engines at its annual distributor meeting in Lincolnshire, Ill. Here, Kubota also honored East Coast Power with 20 years of successful partnership representing Kubota engines. Kubota Canada Sales and Marketing Manager JP Ouellette says, “At Kubota, we are very proud of our award recipients this year. When you have longstanding relationships with distributors like M.G. Bryan and East Coast Power, the ease of doing business while exceeding customer expectations makes for very smooth transitions between our products in Japan and our end users here.”
Haver & Boecker, a leading provider of mineral processing systems, opens its doors to future mining engineers. In January, the company gave 27 University of Toronto mining engineering students a firsthand look at the industry. Haver & Boecker engineers presented on various aspects of vibrating screens and the screening process before giving the students a tour of the plant to reinforce what they are learning in class. The company plans to continue the program and offer it to other higher education institutions.
The Toro Company has announced that its board of directors has elected Richard M. Olson to the position of president and chief executive officer, effective November 1, 2016. Olson, a 30-year veteran of the company, has served as Toro’s president and chief operating officer since September 2015 and was elected to the company’s board of directors in January of this year. Toro’s current chairman and chief executive officer, Michael J. Hoffman, will continue to serve as chairman of the board.
The Rt. Hon. Lord William Hague, former British Foreign Secretary, Professor Joseph Stiglitz and other distinguished speakers and guests gathered to assess the world economy and discuss geopolitical risks. Presentations were also delivered on the infrastructure development outlook in Asia and implications of the new climate regime on the infrastructure sector
Dave Adams, President and Chief Executive Officer of Putzmeister America, Inc. since January 2000, has announced Peter Mendel as his successor. Adams' career with Putzmeister spans 20 years, starting with the company as its Vice President of Engineering, and his past 16 years as President and CEO.
Having held senior management positions in Volvo Financial Services and the Volvo Group’s North American commercial truck operations, Stephen Roy has been appointed President, Sales Region Americas at Volvo Construction Equipment (Volvo CE). In his new role, which he assumes on September 1st, Stephen will be responsible for meeting the diverse needs of customers in North America and Latin America, strengthening Volvo CE’s market position in the region and boosting profitability.
The Prime Minister of Canada, Justin Trudeau, and the Premier of Alberta, Rachel Notley, announced funding to construct the southwest portion of the Calgary Ring Road.
International Truck has announced it now offers new, predictive cruise control technology on its International ProStar and LoneStar Class 8 on-highway trucks. Unlike conventional predictive cruise technology, International predictive cruise control uses pre-installed GPS maps and the latest commercial route data to make adjustments to cruising speed without the need to pre-drive the route.
Hyundai Construction Equipment Americas has announced the appointment of Scott Rainwater as national service manager. In his new role, Rainwater will lead Hyundai’s district service manager team that supports the company’s North American authorized dealer network for its construction equipment product lines. He also will manage Hyundai’s technical training teams for both construction equipment and forklift.
Ritchie Bros., has announced that it has completed its acquisition of the outstanding minority interest of Ritchie Bros. Financial Services, and has made a strategic investment in Machinio Corp. – a global search engine for finding, buying and selling equipment. These corporate development initiatives are expected to help position Ritchie Bros. for future growth and further extend our involvement in the digital innovation of the equipment industry.
The Association of Equipment Manufacturers (AEM) has announced the launch of the final phase of the Infrastructure Vision 2050 Challenge, an incentivized competition sponsored by the trade association to solicit groundbreaking ideas and solutions that address some of the biggest challenges facing United States infrastructure.
Power management company Eaton has increased the warranty coverage for two of the company’s most popular heavy-duty manual transmissions. New truck customers who specify either an Eaton RTLO 13-speed or 18-speed transmission, a Solo Advantage clutch and Eaton-approved lubrication will now receive a 7-year/750,000-mile warranty on the transmission and 5-year/500,000-mile warranty on the clutch.
ZTR Control Systems has announced the appointment of Paul Wilson to Director of Commercial Development for the Industrial IoT Division.
Volvo Trucks North America has recently launched a new parts cross-reference feature for its online SELECT Part Store. The cross-reference tool is the first of its kind in the heavy-duty truck industry and will make it easier for customers to search for and buy parts online. The SELECT Part Store is an e-commerce platform that offers customers the experience of visiting a parts counter with the convenience of online ordering.
Undaunted by a middle day of almost perpetual rain, visitors turned up in droves for Hillhead 2016, which took place over three days last week at Tarmac’s Hillhead Quarry, near Buxton, Derbyshire.