Global alternative asset manager The Carlyle Group L.P. has completed its acquisition of DuPont Performance Coatings for $4.9 billion and announced that the company is being renamed Axalta Coating Systems. Axalta Coating Systems is a ...
Tags: Carlyle Group, acquisition, DuPont Performance Coatings
China’s gear output reached 1.90 million tons in 2012, rising 36.6% from a year earlier. Although the overall scale and growth indicates China’s strong gear demand, there is still a large gap between China and foreign countries ...
Tags: Gear Industry, gear output, Gear Companies
FleetPride, a US-based supplier of heavy-duty truck and trailer parts, has acquired the Drake Supply Company including its assets in the US. The company expects to enhance its customer service with the acquisition of the supply company, ...
Tags: heavy-duty truck, trailer parts, customer service, branch locations
II . Economy i. Economic Aggregate Economic aggregate of Shandong ranks 2nd place in our country. In 2005, Shandong realized GDP 1.8 trillion Yuan,15% higher than the previous year. The growth rate has kept two-digit number for 15 ...
Tags: Shandong, business, introduction to Shandong, Shandong economy, survey
The global platform based truck production is expected to reach 612,000 units by 2018, nearly doubling the levels of production recorded in 2011, according to a new report. Frost & Sullivan's 'Strategic Analysis of Platform Strategies of ...
Tags: Global, truck production
Swedish truck maker Volvo is planning to launch a 13-liter liquefied natural gas (LNG) engine within the Volvo brand for the trucks in North America by 2014. The new engine, when combined with the company's compressed natural gas ...
Tags: Volvo, LNG engine, trucks, compressed natural gas engine
Global sales of heavy trucks are expected to grow at a compound annual growth rate (CAGR) of 4.87% during the period between 2011 and 2015, according to a new report. TechNavio's Global Heavy Truck Market 2011-2015 report revealed that ...
Tags: CAGR, TechNavio, economic growth
Commercial vehicle manufacturer Mitsubishi Fuso Truck and Bus (MFTBC) has unveiled the 2012 Super Great model of heavy-duty truck and medium-duty truck, Fighter for Japanese market. The new models are equipped with new safety technologies ...
Tags: Fuso, Super Great, Fighter Trucks
Commercial vehicle manufacturer Mitsubishi Fuso Truck and Bus (MFTBC) unveiled a ‘fuel efficient truck’ and ‘FUSO-Concept II’ design concept. The fuel efficient truck features new drag foiler and side spoilers ...
Tags: Fuso, Fuel Efficient, New Design, Truck
Daimler India Commercial Vehicles (DICV), the subsidiary of Daimler has begun the production of the 25t BharatBenz trucks at its Oragadam plant near Chennai, India. The company will start selling its first product, the 2523 Heavy Duty ...
Tags: Diamler, BharatBenz trucks, India
FleetPride, a US-based supplier of heavy-duty truck and trailer parts, has acquired the assets of Midwest Brake & Wheel and Gille Company. The deal marks the company's second entrance into the Indiana market that includes a new 40,000sqft ...
Tags: heavy-duty truck, trailer parts, FleetPride, Midwest Brake, Wheel, Gille
FleetPride, a US-based supplier of heavy-duty truck and trailer parts, has acquired Clutch and Transmission Service, which operates as CATCO Parts & Service. The acquisition includes 18 locations in Minnesota, Wisconsin, North Dakota, ...
Tags: heavy-duty truck, trailer parts, clutch and transmission service
Private investment firm TPG has signed an agreement with Investcorp to acquire heavy-duty truck and trailer parts retailer FleetPride for an undisclosed amount. The transaction, which is expected to close in the fourth quarter of 2012, is ...
SKF, a supplier of bearings, seals, mechatronics, services and lubrication systems, has signed a SEK5.2bn ($756.56m) contract with China National Heavy Duty Truck Group (CNHTC), a China-based truck manufacturer. As per the contract SKF ...
SAINT JOHN, New Brunswick -- Regional powerhouse Lounsbury Furniture has opened its first ever store here, the fifth in the chain and the first it has opened in many years. Nancy Bartlett, left, manager of Lounsbury Furniture's new ...
Tags: Lounsbury Furniture