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Renewal of Michel Denis as President and CEO of Manitou Group for the Next Four Years

Date: 12-12-2017 / Author: fmotz

The Board of Directors of Manitou BF unanimously voted to renew the mandate of Mr. Michel Denis as President and CEO of Manitou Group for a further period of 4 years until the Annual General Assembly in 2022 that will approve the financial statements of 2021.

Caterpillar Grows Service and Repair Choices, Including the Launch of Yellowmark™ Parts

Date: 12-12-2017 / Author: fmotz

In August of this year, Caterpillar communicated a new corporate strategy to its global dealer network – a strategy led and defined by a new purpose statement, “Our solutions help our customers build a better world.” Through partnerships with Cat® dealers and investment in digital-enabled solutions and services for the aftermarket, Caterpillar is one step closer to fulfilling this purpose.

Private Equity Firm Buys 80% of Custom Equipment LLC

Date: 12-12-2017 / Author: fmotz

An affiliate of Stratford‐Cambridge Group (SCG), Plymouth, Mich., has acquired an 80% stake in Custom Equipment, LLC, (Custom), a scissor-lift manufacturer that is headquartered in Richfield, Wis., and operates a second manufacturing facility in West Bend, Wis.

JLG High Capacity Telehandlers and Smartload Technology Capture RER Innovative Product Awards

Date: 12-12-2017 / Author: fmotz

JLG Industries, Inc., an Oshkosh Corporation company [NYSE:OSK] and a leading global manufacturer of aerial work platforms and telehandlers, earned top honors in two categories of Rental Equipment Register’s (RER) annual Innovative Product Award competition. The JLG® 1644 and 1732 high capacity telehandlers placed first in the material handling category, while JLG SmartLoad Technology won the technology enhancements category, making JLG one of the few companies to win awards in two categories throughout the 16-year history of the competition.

Dingli Takes 25% Stake in MEC

Date: 11-12-2017 / Author: mlarson

Chinese aerial-platform manufacturer Zhejiang Dingli has signed an agreement to purchase 25% of U.S. aerial-lift manufacturer California Manufacturing & Engineering Company (MEC).

The agreement, under which Dingli would pay $20 million for 625,000 shares of MEC stock, is pending, subject to regulatory approval in both China and the United States. The deal is expected to be completed early in 2018.

Custom Truck & Equipment / Utility One Source and Housby Online Sales Join Forces

Date: 06-12-2017 / Author: fmotz

Two trusted names in the equipment dealer industry have joined forces to become Custom Truck & Equipment / Utility One Source Housby Online Sales, an online sales platform dedicated to the remarketing of equipment related to the utility industry. Custom Truck & Equipment / Utility One Source has partnered with Housby, a premier online sales platform, to provide its collective customers the opportunity to buy and sell their used equipment online. The partnership with Housby will allow Custom Truck & Equipment / Utility One Source to provide a complete solution to its customer bas

VMAC Wins 2017 BC Export Award In The Manufactured Products Category

Date: 29-11-2017 / Author: fmotz

VMAC has won the Manufactured Products Category at the 2017 BC Export Awards. The prestigious BC Export Awards are presented annually by the Business in Vancouver Media Group, with support from the Government of British Columbia, and the BC Division of Canadian Manufacturers and Exporters. The Manufactured Products Category recognizes companies that have built innovative systems or value-added components, machinery, or equipment for industrial and commercial use.