In pursuit of becoming the worldwide leader in the lifting equipment industry, Tadano has aimed for strategic growth with milestones measured in decades rather than quarter-by quarter.
The company invested heavily in strategic acquisitions to bring the market's leading equipment, technologies and expertise under a unified structure to provide competitive lifting solutions to its global customers. The strategic additions of Tadano Faun, Tadano Mantis, Tadano Thailand and Tadano Demag improved the Tadano Group's core competencies and extended equipment production and sales reach.
As the company's next transformative step, Koichi Tadano ended his tenure as President, CEO and Representative Director of Tadano and passed the torch to current Executive Vice President, Toshiaki Ujiie, who becomes the new President, CEO and Representative Director. Tadano will continue to contribute to the company's growth in his new role as Chairman of the Board and Representative Director. This change is another conscious signal with regard to the structural change and the current realignment of the Tadano Group, with a focus on transformation.
Accompanying this transition in leadership, Tadano has made several operational moves in pursuit of its long-term strategic goals.
Operational realignments
With the goal to better serve customers, Tadano is currently implementing several strategic global initiatives.
In Europe, Tadano started the reorganization of its operations with the goals of maximum organizational realignment, process efficiency improvements, and product portfolio modernization and optimization. This includes a restructuring of the Tadano Faun and the Tadano Demag businesses. At the same time, Tadano is reintroducing Japan-made rough terrain cranes for customers operating in the European market.
Offering more lifting solutions in Japan, Tadano is expanding sales of its all terrain and lattice boom crawler cranes manufactured at the German Tadano Faun and Tadano Demag factories.
In the Americas, Tadano is bringing efficiencies to the entire value chain by streamlining its business activities under a unified structure, the newly named Pan-American Operations. All commercial activities for the Tadano Group in North, Central, South American and the Caribbean are coordinated by Tadano America Corporation. Commercial operations - sales, marketing, service, and parts - for the telescopic boom crawler crane lineup will be coordinated through Tadano America Corporation. To keep up with demand for telescopic boom crawler cranes, production was also expanded beyond the factories in the United States with the addition of a European-made model contributing to the portfolio.
Tadano brand harmonization
With the goal of offering customers a competitive line of lifting equipment, Tadano has plans to transition to a single, unified brand as part of its long-term global strategy. The harmonized Tadano brand will be used for all cranes, replacing the Tadano (Faun) ATF and Demag AC all terrain cranes, Demag CC lattice boom crawler cranes, and Tadano Mantis telescopic boom crawler cranes branding.
With this change Tadano will also change product nomenclature for all-terrain and crawler cranes. The model nomenclature will continue to use the well-known AC for all terrain and CC for lattice boom crawler cranes in combination with axle number, metric tonnage and a version number.
Tadano plans to finalize the re-branding with the introduction of the first jointly developed all terrain crane from the Zweibrüecken and Lauf production sites in Germany later this year.
To carry out this new vision, Tadano is further aligning and improving operations in Zweibrücken and Lauf to implement even more efficient processes as part of the previously announced restructuring concept. Building on specific strengths, Tadano is establishing competence centres for carriers and superstructures in Lauf and Zweibrücken respectively to ensure better integration of production.
