Vögele re-categorises range

Wirtgen group company Joseph Vögele is restructuring its range of road pavers and screeds, dividing its range into two categories – the Premium Line and the Classic Line.

Voegele_Classic_Premium_Line
From now on, pavers will be allocated to the new Classic Line or Premium Line

The company will also be subdividing its products into up to five classes within those lines.

The new Classic Line is for pavers equipped with the ErgoBasic operating concept, which Vögele said was “extremely easy-to-use”. Continue reading “Vögele re-categorises range”

Establishment of a Joint Venture Company to Develop Electric Construction Machinery for European Market

Tokyo, Japan, October 1, 2018 — Hitachi Construction Machinery Co., Ltd. (TSE: 6305; “Hitachi Construction Machinery”) today announced it has formed an agreement with KTEG Kiesel Technologie Entwicklung GmbH (President: Toni Kiesel; “KTEG”),

Toni Kiesel, President of KTEG (left) and Hideshi Fukumoto (right), Vice President and Executive Officer of Hitachi Construction Machinery sign for establishment.

the group company of European Hitachi Construction Machinery’s distributor Kiesel GmbH (President: Toni Kiesel), to establish a new company
for developing electric construction machinery and the special application products for further expansion of the European market. Continue reading “Establishment of a Joint Venture Company to Develop Electric Construction Machinery for European Market”

Hitachi Construction Machinery buying Bradken

Bradken has agreed to a takeover bid by Japan’s Hitachi Construction Machinery (HCM) in a deal analysts say may indicate the worst of the mining downturn has passed. Yuichi Tsujimoto, HCM President said his company believes Bradken’s “businesses are complementary with our mining equipment services business. Both companies leveraging each other’s global network will enable us to strengthen our combined businesses and enhance our earnings.” Continue reading “Hitachi Construction Machinery buying Bradken”

Hitachi Construction Machinery Co. plans to buy Australia’s Bradken Ltd., in its largest ever purchase.

Hitachi Construction Machinery offers $529 million for Bradken
Hitachi Construction Machinery offers $529 million for Bradken
Hitachi excavators are sold at an industrial equipment auction in Dunnigan, California.

Hitachi Construction Machinery Co., the world’s biggest maker of giant excavators, has offered 689 million Australian dollars ($529 million) to buy Australia’s Bradken Ltd. The purchase would be its biggest ever and is likely to boost profit by about 10 percent, Nomura Securities Co. said.

Continue reading “Hitachi Construction Machinery Co. plans to buy Australia’s Bradken Ltd., in its largest ever purchase.”