Heavy Machinery & Vehicles
Bucher Industries AG:Planned streamlining of sweeper manufacture will result in loss of some 65 jobs in Switzerland and Great Britain .Cost of streamlining measures will be 4 million Swiss francs and will be recognised in fiscal 2016 and 2017.In Latvia, on other hand, a corresponding number of new positions will be created.
Hitachi Construction Machinery Co Ltd:To transfer wheel loader development and manufacturing business, to unit KCM.Effective April 1.
Zhejiang Dingli Machinery Co Ltd:To close a Hangzhou-based wholly owned subsidiary.
Zhejiang Dingli Machinery Co Ltd:Completes merger of wholly owned subsidiary, Zhejiang-based motor vehicle equipment company.
Inner Mongolia North Hauler Joint Stock Co Ltd:To dissolve a subsidiary, which is engaged in production, sale and maintain of engineering construction machinery.
Wakita & Co LTD:Plans to merge with its Osaka-based wholly owned subsidiary on March 1.Says the subsidiary to be dissolved after the transaction.