Volvo CE consolidating backhoe loader production for US
Volvo Construction Equipment is moving production of its backhoe loaders from Mexico to a recently enlarged facility in Brazil. The company says the investment in the Brazilian facility was $10...
View ArticleContinental acquires Veyance after CADE approval
Continental concluded its acquisition of U.S. rubber company Veyance Technologies after receiving approval from Brazilian antitrust authority CADE (Council for Economic Defense). The transaction is...
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John Deere, Hitachi to end joint-venture agreements
John Deere and Hitachi Construction Machinery ended their Deere-Hitachi joint-venture manufacturing and marketing agreements. The two companies began a supply relationship in the early 1960s,...
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