Soosung Lift MFG Co Ltd <084180.KQ> : Says appointed Yoo Chul Geun as co-CEO .Says co's current CEO, Kim Jung Tae, will begin to serve as co-CEO as well.
Bell Equipment Ltd : Group did not achieve its goal of delivering financially sustainable results in 2016 . Very modest profit of R39 million for 2016 represents a significant decline on previous year profit of R142 million . FY revenue 6.002 billion ranv versus 5.901 billion rand year ago . FY diluted headline earnings per share 39 cents versus 138 censt year ago .Board has initiated a programme to ensure that a successor will be in place when Gary Bell, current chief executive officer, elects to retire.
Gifore Agricultural Machinery Chain Co., Ltd.<300022.SZ>:Says it names Fu Hua as financial director.
Bucher Industries AG : Will propose a dividend of 5.00 Swiss francs ($4.94) per registered share to the annual general meeting on April 19, 2017 . FY order intake of group was 2,386 million francs, 2 percent lower than previous year . FY sales were 4 percent lower at 2,380 million francs, operating profit amounted to 169 million francs and operating profit margin decreased to 7.1 percent . Main reasons for lower margin were a decline in sales of agricultural machinery and one-off costs in municipal vehicles business . Profit for year amounted to 118 million francs (2015: 140 million francs) and earnings per share came in at 11.73 francs . For year in progress, group is reckoning with continuing economic uncertainties . Group is expecting current year to show a slight increase in sales and an improved operating profit margin .Board of directors will propose to annual general meeting that chairman Philip Mosimann and serving members of board of directors and remuneration committee be re-elected.
Melrose Industries Plc : Fy pretax loss -69.3 million stg versus 30.7 million stg profit year ago . Final dividend 1.9 pence per share . Total dividend 2.2 pence per share . Melrose board has started process of looking for next acquisition . Melrose group revenue for year was £889.3 million (2015: £261.1 million) . FY underlying profit before tax was £96.4 million (2015: £2.4 million) . John Grant will be retiring from board at conclusion of this year's AGM . "we continue to operate in an uncertain and challenging environment" .end market conditions are likely to remain as challenging for brush in 2017.
Columbus Mckinnon Corp : Says Mark D. Morelli appointed CEO and president . Columbus McKinnon Corp - Morelli has also been elected to board of directors .Columbus McKinnon names new chief executive officer.
Titan Machinery Inc : TITAN MACHINERY ELECTS TWO NEW BOARD MEMBERS . TITAN MACHINERY INC - WITH ELECTION OF MESSRS. ERICKSON AND HENDERSON, BOARD WILL NOW CONSISTS OF EIGHT DIRECTORS .TITAN MACHINERY INC - MESSRS. ERICKSON AND HENDERSON'S RESPECTIVE TERMS ON BOARD OF DIRECTORS WILL EACH BEGIN MARCH 1, 2017.
Hitachi Construction Machinery Co Ltd <6305.T>: Says it names Tatsuro Ishizuka as chairman . Says it names Kotaro Hirano as president .Says effective April 1.
Caterpillar Inc - : Caterpillar announces executive officer retirement .Law and public policy executive vice president Jim Buda is retiring.
American Railcar Industries Inc :American Railcar Industries Inc - on Feb 2, 2017, Luke M. Williams, was appointed senior vice president, chief financial officer and treasurer.