Tracked vehicles

BRP Wins Lawsuit Against Arctic Cat in Canada

Retrieved on: 
Monday, June 15, 2020
Snowmobiles, Tracked vehicles, Land transport, Transport, Bombardier Recreational Products, Vehicles, Snowmobile, Arctic Cat, Ski-Doo, Langelier

The Federal Court of Canada handed BRP an important victory against its competitor Arctic Cat regarding BRPs frame patent, which was at the heart of the Ski-Doo REV revolution;

Key Points: 
  • The Federal Court of Canada handed BRP an important victory against its competitor Arctic Cat regarding BRPs frame patent, which was at the heart of the Ski-Doo REV revolution;
    The Federal Court of Canada issued a permanent injunction prohibiting the sale, use and distribution of all Arctic Cat snowmobiles in Canada that infringe BRPs Canadian patent; The effective date of the permanent injunction is set for July 6, 2020;
    The Court also ordered Arctic Cat to pay BRP a royalty of CA$135 per unit that infringes the frame patent since MY2008.
  • VALCOURT, Quebec, June 15, 2020 (GLOBE NEWSWIRE) -- BRP (TSX: DOO; NASDAQ: DOOO) announced today that the Federal Court of Canada has rendered a decision favorable to BRP in a lawsuit launched in December 2011 against Arctic Cat, where BRP argued that Arctic Cat infringed certain of its patents related to BRPs revolutionary Ski-Doo REV snowmobiles.
  • I couldnt be more pleased with the decision of the Federal Court of Canada, said Martin Langelier, Senior Vice President, General Counsel & Public Affairs at BRP.
  • It also ordered Arctic Cat to pay BRP a royalty of CA$135 per unit that infringes the frame patent since MY2008.

New Cat® 310 Mini Excavators Now Available at Hawthorne Cat

Retrieved on: 
Monday, June 15, 2020
Tracked vehicles, Equipment, Engineering vehicles, Mining equipment, Land transport, Caterpillar Inc., Manufactured goods, Excavator, Compact excavator

SAN DIEGO, June 15, 2020 /PRNewswire-PRWeb/ --Hawthorne Cat, the exclusive Cat construction equipment dealer in San Diego, the Hawaiian Islands, and the Pacific Region, announces new delivery of the Next Generation Cat 310 Mini Excavators, recognized for value-driven improvements in terms of performance, maintenance, and affordability.

Key Points: 
  • SAN DIEGO, June 15, 2020 /PRNewswire-PRWeb/ --Hawthorne Cat, the exclusive Cat construction equipment dealer in San Diego, the Hawaiian Islands, and the Pacific Region, announces new delivery of the Next Generation Cat 310 Mini Excavators, recognized for value-driven improvements in terms of performance, maintenance, and affordability.
  • With performance and design upgrades, our next gen mini excavators deliver maximum power no matter the job.
  • Contact your Hawthorne Cat Sales Representative at 800.437.4228 to learn more about our current special financing offer on new Cat 310 Mini Excavators.
  • Hawthorne Cat is the authorized dealer for Cat construction and power equipment in San Diego, Hawaii, Guam, Saipan, and American Samoa.

Washington Companies Failure to Train Employee Causes Bridge Strike

Retrieved on: 
Monday, June 15, 2020
Construction, Equipment, Engineering, Construction Equipment, Tracked vehicles, Geotechnical engineering, Excavator, Heavy equipment, Mining equipment, Komatsu, Bucket, Deep foundation

LAS VEGAS, NV, June 15, 2020 - (ACN Newswire) - In the deposition of a Washington Companies employee in the on-going Federal lawsuit regarding a destructive bridge strike, it was revealed that the Washington Companies employee was never trained to curl the excavator bucket for transportation purposes as instructed in an official Komatsu operators handbook.

Key Points: 
  • LAS VEGAS, NV, June 15, 2020 - (ACN Newswire) - In the deposition of a Washington Companies employee in the on-going Federal lawsuit regarding a destructive bridge strike, it was revealed that the Washington Companies employee was never trained to curl the excavator bucket for transportation purposes as instructed in an official Komatsu operators handbook.
  • Washington Companies employee, Mr. Tyler Piles, was asked under oath if he was aware that the Komatsu operator's handbook gave approved instructions on how the bucket was to be curled under for transportation to reduce the height of the machine.
  • Mr. Piles answered he was not aware of Komatsu requirements and stated that, "I was not given directions."
  • Modern Machinery is a part of a large consortium of privately held companies collectively known as the Washington Companies, owned by billionaire Dennis R. Washington.

Komatsu Failure to Audit Washington Companies Training Program Leads to Bridge Strike

Retrieved on: 
Tuesday, June 9, 2020
Komatsu Limited, Tracked vehicles, Komatsu, Equipment, Excavator, Heavy equipment, Economic sectors, Technology

Mr. Piles answered he was not aware of Komatsu requirements and stated that, "I was not given directions."

Key Points: 
  • Mr. Piles answered he was not aware of Komatsu requirements and stated that, "I was not given directions."
  • Komatsu failure to audit Washington Companies employee training program at Modern Machinery could have prevented a semi-truck hauling a pair of Komatsu excavators from hitting the overpass spanning Interstate 5 near Chehalis, WA, causing significant structural damage.
  • Modern Machinery is a part of a large consortium of privately held companies collectively known as the Washington Companies, owned by billionaire Dennis R. Washington.
  • Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd., the world's second largest manufacturer and supplier of earth-moving equipment, consisting of construction, mining and compact construction equipment.

SANY Launches New Product Lineup for Ultra-large Excavator

Retrieved on: 
Wednesday, May 27, 2020
Mining equipment, Engineering vehicles, Tracked vehicles, Equipment, Geotechnical engineering, Excavator, Heavy equipment, Economic sectors, Technology, Open-pit mining, Excavation

"Since the launch of the SY750H and SY950H excavators, SANY's large excavator market share has witnessed steady growth over the last few years", said Cao Donghui, President of SANY Heavy Machinery R&D institute.

Key Points: 
  • "Since the launch of the SY750H and SY950H excavators, SANY's large excavator market share has witnessed steady growth over the last few years", said Cao Donghui, President of SANY Heavy Machinery R&D institute.
  • The new product lineup for Ultra-large excavator will highlight exceptional performance, excellent quality, reliability and intelligence
    Robust and highly productive, the SY1250H excavator features the latest technological upgrades and exceptional performance as a result of SANY's decades of expertise in developing the ultra-large excavators.
  • The excavator offers a fuel-efficient, reliable and intelligent solution for large scale earthworks including earth excavation and open-pit ore mining.
  • SANY's excavator lineup covers a full range of models from 1.6to 200 tons.

Analysis on Impact of Covid-19- Construction Machinery Market 2020-2024 | Increased Investment In Infrastructure To Boost Growth | Technavio

Retrieved on: 
Friday, May 15, 2020
Construction & Property, Other Construction & Property, Companies, Economic sectors, Industries, Hitachi, Engineering vehicles, Tracked vehicles, Heavy equipment, Mining equipment, Hitachi Construction Machinery, Caterpillar Inc., Komatsu Limited, CNH Industrial

Our construction machinery market report covers the following areas:

Key Points: 
  • Our construction machinery market report covers the following areas:
    This study identifies an increase in strategic acquisitions and partnerships as the prime reasons driving the construction machinery market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the construction machinery market, including some of the vendors such as AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International Deutschland GmbH, and Terex Corp.
  • Backed with competitive intelligence and benchmarking, our research reports on the construction machinery market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Fox Factory Holding Corp. Announces First Quarter 2020 Earnings Conference Call

Retrieved on: 
Wednesday, April 22, 2020
Land transport, Transport, Companies, Snowmobiles, Tracked vehicles, Nasdaq, Inc., NASDAQ, Snowmobile, Fox Racing Shox, MotorCycle

BRASELTON, Ga., April 22, 2020 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (Nasdaq: FOXF) (FOX or the Company) will announce results for the first quarter ended April 3, 2020, on Wednesday, May 6, 2020, after the market close.

Key Points: 
  • BRASELTON, Ga., April 22, 2020 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (Nasdaq: FOXF) (FOX or the Company) will announce results for the first quarter ended April 3, 2020, on Wednesday, May 6, 2020, after the market close.
  • The Company will host a conference call with members of the executive management team to discuss these results with additional comments and details.
  • About Fox Factory Holding Corp. (Nasdaq: FOXF)
    Fox Factory Holding Corp. designs and manufactures performance-defining ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, side-by-side vehicles, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks.
  • FOX is a registered trademark of Fox Factory, Inc. NASDAQ Global Select Market is a registered trademark of The NASDAQ OMX Group, Inc. All rights reserved.

Fox Factory Holding Corp. Provides Business Update Related to COVID-19

Retrieved on: 
Thursday, April 9, 2020
Companies, Land transport, Transport, Snowmobiles, Tracked vehicles, Economy of New York City, NASDAQ, Fox Racing Shox, Snowmobile, Caterpillar Inc.

BRASELTON, Ga., April 09, 2020 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (FOX or the Company) today provided an update on its business operations and actions taken related to the COVID-19 pandemic.

Key Points: 
  • BRASELTON, Ga., April 09, 2020 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (FOX or the Company) today provided an update on its business operations and actions taken related to the COVID-19 pandemic.
  • Additionally, non-GAAP adjusted earnings per diluted share excludes the tax benefit related to the resolution of audits by taxing authorities.
  • About Fox Factory Holding Corp. (NASDAQ: FOXF)
    Fox Factory Holding Corp. designs and manufactures performance-defining ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, side-by-side vehicles, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks.
  • FOX is a registered trademark of Fox Factory, Inc. NASDAQ Global Select Market is a registered trademark of The NASDAQ OMX Group, Inc. All rights reserved.

Global Ultra Large Excavator Market to 2024 - Players Profiled Include Caterpillar, Komatsu, Liebherr & Hitachi Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 31, 2020
Automotive, Other Automotive, Mining equipment, Tracked vehicles, Excavator, Heavy equipment, Ultra Music Festival, High-density polyethylene, Equipment, Manufactured goods, Economic sectors

The global ultra large excavator market is expected to grow with a CAGR of 28% from 2019 to 2024.

Key Points: 
  • The global ultra large excavator market is expected to grow with a CAGR of 28% from 2019 to 2024.
  • The study includes the ultra large excavator market size and forecast for the global ultra large excavator market through 2024, segmented by mechanism, application, and the region.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for ultra large excavator in the global ultra large excavator market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, ultra large excavator in the global ultra large excavator market.

XCMG's Mega Exhibition Shines at CONEEXPO-CON/AGG 2020 Bringing New orders and New partners

Retrieved on: 
Saturday, March 14, 2020
Conexpo-Con/Agg, Tracked vehicles, Heavy equipment, Mining equipment, XCMG, Trade fair, Excavator, Economy of China, Equipment, Companies of China

LAS VEGAS, March 14, 2020 /PRNewswire/ --XCMG has successfully concluded its largest exhibition at the tri-annual CONEXPO-CON/AGG 2020, the largest construction trade show in North America hosted last week in Las Vegas, US.

Key Points: 
  • LAS VEGAS, March 14, 2020 /PRNewswire/ --XCMG has successfully concluded its largest exhibition at the tri-annual CONEXPO-CON/AGG 2020, the largest construction trade show in North America hosted last week in Las Vegas, US.
  • The brand's fruitful journey has brought home multiple orders that worth millions of USD.
  • The debut of XCMG's latest electric hydraulic excavator XE35U-E gained colossal attention at the trade show.
  • Adopting the Cummins customized electric powertrain, the pollution-free excavator is especially suited for working conditions with strict noise and environmental protection requirements.