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Heavy Machinery & Vehicles

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Yamabiko plans combination of 7 units

Monday, 17 Oct 2016 02:12am EDT

Yamabiko Corp <6250.T> : Says it plans to merge seven of its wholly owned units with effective date on April 1, 2017 .Says the Tokyo-based unit will be the surviving company and the other six units will be dissolved after the combination.

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).

Deere & Co announces factory workforce adjustments

Friday, 22 Jul 2016 09:30am EDT

Deere & Co : Factory's workforce currently includes approximately 1050 production employees. . Deere said it expects sales of agricultural equipment to decrease for 2016 fiscal year . About 120 production employees at john Deere harvester works in East Moline, Illinois will be placed on indefinite layoff . Deere announces factory workforce adjustments . Deere & Co says has informed approximately 120 production employees at john deere harvester works in east moline, Illinois that they will be placed on indefinite layoff .Company continues to adjust size of its production workforce to market demand for products manufactured at each of its factories.

Meiji Machine says integration of Japan-based plant

Friday, 15 Jul 2016 03:23am EDT

Meiji Machine Co Ltd <6334.T>: Says it to close a Japan-based factory and decided to integrate to another Japan-based factory .Says the factory that to be closed is engaged in production of various types of food processing machinery such as milling machines.

Jiangsu Rainbow Heavy Industries to close Jiangsu parking system branch

Thursday, 14 Jul 2016 05:13am EDT

Jiangsu Rainbow Heavy Industries Co Ltd <002483.SZ>:Says it will close a Jiangsu-based branch, which is enaged in produciton and sales of parking system.

United Wagon Company decides to liquidate two units

Wednesday, 13 Jul 2016 02:39am EDT

United Wagon Company PJSC :Decides to liquidate KINTONIA INVESTMENTS LTD and RAIL 1520 (BVI) MANAGEMENT COMPANY LTD.

Jiangsu Rainbow Heavy Industries to dissolve ocean engineering technology unit

Friday, 17 Jun 2016 05:37am EDT

Jiangsu Rainbow Heavy Industries Co Ltd <002483.SZ> :Says it plans to dissolve its wholly owned ocean engineering technology unit.

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