- Perkins opens Brazilian engine plant: Curitiba to
build 1100 series diesels for Mercosur markets; first Perkins-owned
facility outside the U.K.
As a bricks and mortar example of the portability of engine manufacturing, Perkins Engines has dedicated a new production facility in Curitiba, Brazil. The official opening of Curitiba marks the first Perkins-owned engine production facility outside of the U.K., but definitely not the last. In fact, 2003 has seen a ......
- Navistar-Maxion Venture Opens Brazil Engine
Plant.
Maxion International Motores, a joint venture between U.S. bus and engine producer Navistar International Corp. and Brazil's diesel motors maker Ioehpe-Maxion S.A., has opened its first Brazilian motor plant, the company said. "Maxion International has inaugurated the most modern diesel engine plant in the Mercosur trade bloc as the first ......
- AGCO buys Valtra, Sisu Diesel ... Tecumseh building in
Brazil ... Terex buys more of Tatra.
Finland's Kone said it will sell its Valtra tractor unit to AGCO Corp. for $668.5 million. Besides tractors, AGCO has also acquired Valtra's Diesel Engine division that produces engines, sold under the Sisu Diesel brand, in models ranging from 50 to 450 hp for off-road applications. Sisu has been a ......
- Terex Buys Coleman ... CNH Global Staying In Racine,
Consolidating in S. America ... Cat Ag Adds Tillage Line ... Oshkosh
Buys Ambulance Company ... Harnischfeger Files Reorg
Plan.
FOR UP-TO-THE-MINUTE BUSINESS NEWS, TURN TO THE SOURCE--DIESEL PROGRESS ON-LINE. www.dieselpub.com Terex Corp. has purchased Coleman Engineering, Holly Springs, Miss., a manufacturer of engine generator sets and light towers. Terms of the deal were not disclosed. The Coleman operations, which had sales of about $15 million, will become a unit ......
- Intel Passes Over Brazil
Chip giant Intel has more or less ruled out building a new manufacturing facility in Brazil, due to high labor costs. While such costs in Brazil are lower than in rich countries, they are still higher than those in Asia, and mandated benefits and taxes often total 50 percent on ......
- Elcoteq Continues Global Expansion
Irving, Texas-based EMS player Elcoteq Network Corp. said today that it will initiate manufacturing operations in Manaus, Brazil this autumn. Elcoteq has established wholly owned subsidiary, Elcoteq da Amazònia Ltda; initial focus of the Brazilian operation will be manufacturing and supply chain services for communications technology customers, with particular emphasis ......
- I-R Buys Superstav/Earth Force ... Oshkosh Buys Dutch
Garbage Truck Builder ... Ford To Expand Dagenham Diesel Engine Plant
... New MAN Sales Companies.
Ingersoll-Rand Co. said it has acquired the stock of Superstav, spol. s.r.o., a manufacturer of compact tractor loader backhoes in Dobris, Czech Republic, and the stock of Earth Force America, Inc., Charleston, S.C. Earth Force America is the U.S. distributor of Superstav products, which are marketed under the Earth Force ......