Heavy Machinery & Vehicles

Manitex International, Inc. announces closing of ASV, Inc. joint venture with Terex Corporation

Manitex International, Inc:Completes the formation of its Joint Venture with Terex Corporation, and has become the majority owner of ASV, effective Dec. 19.As a result of the transaction, Manitex now owns 51 pct of ADV and Terex owns 49 pct of ASV.ASV's financial results will be included in Manitex...

9:01am EST

Hyster-Yale Materials Handling, Inc announces acquisition of Nuvera Fuel Cells, Inc.

Hyster-Yale Materials Handling, Inc:Says that its operating company, NACCO Materials Handling Group, Inc. acquired Nuvera Fuel Cells, Inc.The terms of the transaction were not disclosed.

Thursday, 18 Dec 2014 05:46pm EST

Deere & Co reaches agreement to sell crop insurance business

Deere & Co:Says it has reached definitive agreement to sell its crop insurance business, subject to regulatory approval, to Farmers Mutual Hail Insurance Company of Iowa (FMH), headquartered in West Des Moines, Iowa.The action is result of Deere's previously announced review of strategic options for...

Thursday, 18 Dec 2014 12:00pm EST

Cargotec Oyj moves distribution in Mexico

Cargotec Oyj:Hiab, part of Cargotec, and Consorcio Industrial Puebla S.A.P.I. de C.V. (CIPSA) have signed an agreement regarding a long-term distribution partnership in Americas region.As a part of transaction Hiab will sell current sales company HIAB S.A de C.V. which employs 70 persons.Parties...

Thursday, 18 Dec 2014 07:00am EST

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