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Heavy Machinery & Vehicles

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Caterpillar creates division focused on advancing research, product development

Thursday, 18 Aug 2016 02:00pm EDT

Caterpillar Inc : Caterpillar officer retires; Company creates division focused on advancing research, product development and innovation capabilities . Caterpillar Inc says Gwenne Henricks, currently Vice President with responsibility for Product Development & Global Technology division is retiring . Company will form a single research, technology and product development division . Manufacturing functions within ACSD will be led by current ACSD operations general manager Steve Ferguson . Says organizational changes are effective September 1, 2016 .Current Advanced Component & System division Vice President Jean Savage will lead newly formed team of ACSD and PD> employees.

Wakita says merger between units

Thursday, 28 Jul 2016 10:52pm EDT

Wakita & Co Ltd <8125.T> : Says co's wholly owned sub-subsidiary Yashima Shoukai Co Ltd plans to merge with Yashima Shoukai's holding company which is also the wholly owned subsidiary of the co's, on Sep. 1 .Yashima Shoukai's holding company (co's wholly owned subsidiary) will be dissolved after the transaction.

Marcato reports 5.1 pct stake in Terex, to urge spinoff & restructuring- CNBC, citing source

Thursday, 28 Jul 2016 11:35am EDT

: Marcato reports 5.1 pct stake in Terex, to urge spinoff & restructuring; Marcato supports Terex CEO - CNBC, citing source (Bengaluru Newsroom: +1-646-223-8780).

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