Tag: investment
The Georgia Ports Authority has ordered 9 electric Konecranes Rubber Tired Gantry cranes for the Port of Savannah in the US. The order was booked in Q4 2021. The electric RTG cranes will be delivered in two batches starting...
Volta Trucks, the leading and disruptive full-electric commercial vehicle manufacturer and services provider, has announced the successful and oversubscribed conclusion of its Series C funding round with a €230 million capital raise.
The funding round was led by New York-based...
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...
Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric, a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a...
Curb Roller Manufacturing, the world leader in shaped concrete roller screeds, welcomes Joshua Bond to its outside sales team. Bond will support the southeastern United States region, focusing on growing the company's network of dealers while providing customer service,...
Lintec & Linnhoff has ended its partnership with Ardent Maschinenfabrik (formerly known as Linnhoff India) as of January 7, 2021. All previous manufacturing and distribution of the company’s products through Ardent has ceased and the company is no longer...
CNH Industrial announced the following updates on the $250 million investment, made through its IVECO commercial vehicle segment, in Nikola Corporation as a consequence of the completion, on June 3, 2020, of the previously announced merger between VectoIQ Acquisition...
Why payload matching and what's involved in matching an excavator to a truck?
According to David Pichanick, Global Manager Market Development & Innovation at Brisbane-based Austin Engineering, the answers are efficiency, productivity, and profit and understanding factors such as site conditions,...
As the events surrounding the COVID-19 pandemic continue to evolve rapidly, the Caterpillar Foundation, the philanthropic arm of Caterpillar Inc. (NYSE: CAT), announced it is committing $8.5 million to support global communities, including underserved populations, who are affected by...
WesTrac has been contracted to provide technology installation, commissioning and any necessary maintenance work to support BHP’s introduction of autonomous trucks at its Newman East (Eastern Ridge) mine this year.
“We are proud of our long-standing relationship with BHP and...
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