Heavy Machinery & Vehicles
Zhejiang Dingli Machinery Co Ltd:Completes merger of wholly owned subsidiary, Zhejiang-based motor vehicle equipment company.
Zhejiang Dingli Machinery Co Ltd:To close a Hangzhou-based wholly owned subsidiary.
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.
Kion Group AG:Will be organised into group functions, such as research and development, procurement, quality management, finance, HR and IT, plus four operating units.New organisation to start taking shape in 2016 as part of strategy 2020.
Volvo AB:Production in North America will be adjusted as a consequence of lower demand and high inventories in distribution channel.
Mitsubishi Nichiyu Forklift Co., Ltd:To merge with its wholly owned subsidiary, which has been engaged in the sales and repair of industrial automobile in Kyoto, Japan.Effective date Jan. 1, 2016.Mitsubishi Nichiyu Forklift will be the surviving company and the subsidiary will be dissolved.
Changlin Co Ltd:To dissolve Nigeria-based wholly owned subsidiary.