DEVELON - Mon July 07, 2025
Woohyun Kim Named New CEO of DEVELON North America
Woohyun Kim has been appointed CEO of DEVELON North America (HD Hyundai Infracore North America) and the DEVELON brand of heavy and compact construction equipment. Kim brings extensive experience in leadership, sales and finance to his new role....
Hyundai Construction Equipment, DEVELON - Wed July 02, 2025
HD Hyundai Announces Merger of Construction Equipment Divisions
HD Hyundai, headquartered in Seoul, South Korea, will merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment, effective Jan. 1, 2026. The merger will combine HD Hyundai Infracore and HD Hyundai Construction Equipment....
Manitou - Wed July 02, 2025
Manitou North America Adds Ferri Equipment as New GEHL Dealer
Manitou North America introduces Ferri Equipment as a new dealer to represent the GEHL equipment brand. Ferri Equipment will take on the full-line of GEHL skid steer loaders, compact track loaders, articulated front-end loaders and telescopic handlers....
Bandit Industries - Tue July 01, 2025
Bandit, Lano Plan to Expand Coverage in Upper Midwest
Bandit Industries announced a new partnership with Lano Equipment, a trusted name in heavy equipment solutions across the Midwest. This strategic collaboration expands Bandit's dealer network and enhances product availability and service for customers in Minnesota, North Dakota and South Dakota....
Bobcat - Tue July 01, 2025
Bobcat Company Appoints Laura Ness Owens as Chief Marketing Officer
Bobcat Company has appointed Laura Ness Owens as chief marketing officer (CMO). In this newly established executive role, Ness Owens will lead global marketing, brand, customer experience and corporate communications strategies for the organization....
Komatsu - Tue July 01, 2025
Barrick, Komatsu Reach Agreement on $440M Equipment Contract
Barrick Mining Corporation (Barrick) and Komatsu have finalized an agreement for the delivery of primary mining equipment to Barrick's Reko Diq copper-gold project in Pakistan starting in 2026. Valued at $440 million, the deal marks Komatsu's first major mining equipment placement in its Middle East territory and underscores the strengthening partnership between the two companies....
Tadano - Tue July 01, 2025
Tadano Completes Acquisition of IHI Transport Machinery's Transportation System Business
Tadano Ltd. announced the successful completion of its acquisition of the transportation system business of IHI Transport Machinery Co. Ltd. This acquisition marks a strategic milestone in Tadano's ongoing effort to expand its product portfolio and enhance value for customers across the globe....
FAYAT - Wed June 25, 2025
FAYAT Group to Acquire LeeBoy
The FAYAT Group has agreed to acquire LeeBoy from ST Engineering. LeeBoy is a U.S.-based company that designs and manufactures road construction machinery. LeeBoy is headquartered in Lincolnton, N.C., north of Charlotte....
Komatsu - Tue June 24, 2025
Komatsu Expands Network By Buying Core Machinery
In alignment with Komatsu's mining strategy of delivering high customer satisfaction and supporting business growth through successful partnerships, the company has transitioned ownership of six independent Core Machinery dealerships to Komatsu-owned dealers in the southwestern United States....
Volvo Construction Equipment - Tue June 24, 2025
Volvo Construction Equipment Refocuses Its Presence in China – Divests Its Shares in SDLG
Volvo Construction Equipment (Volvo CE) has signed a contract to sell its ownership in China-based SDLG (Shandong Lingong Construction Machinery Co) to a fund predominantly owned by the Lingong Group (LGG) for SEK 8 billion (6 billion RMB.)The transaction is expected to have a positive effect of SEK 1 billion on operating income at the time of closing, subject to currency fluctuations....
