Motor & Equipment Manufacturers Association

Kubota Names New CEO for Kubota North America, New President for Kubota Tractor Corporation, and New VP for North America Manufacturing

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Thursday, November 9, 2023

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GRAPEVINE, Texas, Nov. 9, 2023 /PRNewswire/ -- Kubota North America today announced significant leadership changes following the Kubota Corporation (KBT) Board of Directors meeting held yesterday in Osaka, Japan, with several appointments including Mr. Nobuyuki Ishii as CEO of Kubota North America (KNA) and Senior Managing Executive Officer of KBT, and Todd Stucke as President of Kubota Tractor Corporation (KTC) and Executive Officer of KBT, effective January 1, 2024. Both appointments succeed Mr. Shingo Hanada, who will be promoted to Director and Senior Managing Executive Officer returning to Kubota Corporation in Japan.

Key Points:

Mr. Ishii has held various roles in his Kubota career, including President of Kubota Europe until 2016.
He also previously worked in the U.S. as VP of Kubota Engine of America from 2003 to 2008.
"Over the past few years, under Mr. Hanada's leadership, Kubota has successfully built our North America regional function," said Mr. Ishii, newly appointed CEO of KNA.
Kubota North America is comprised of Kubota Tractor Corporation, Kubota Credit Corporation, based in Grapevine, Texas; Kubota Canada Ltd., with operations based in Pickering, Ontario, Canada; Kubota Manufacturing of America, based in Gainesville, Georgia; Great Plains Manufacturing, based in Salina, Kansas; and Kubota Engine of America, based in Lincolnshire, Illinois.

Brake-by-Wire Technology Emerges as the Driving Force in China's Automotive Industry - ResearchAndMarkets.com

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Tuesday, November 7, 2023

The latest findings from the China Passenger Car Brake-by-Wire Industry Report for 2023 shed light on the remarkable evolution of brake-by-wire technology in the automotive sector.

Key Points:

The latest findings from the China Passenger Car Brake-by-Wire Industry Report for 2023 shed light on the remarkable evolution of brake-by-wire technology in the automotive sector.
Brake-by-wire, a critical component of vehicle electrification and intelligence, has become a driving force in the industry, with a focus on the One-Box solution, accounting for over 50% of the market share.
As automotive intelligence continues to evolve, this technology will play a pivotal role in shaping the future of vehicle safety and performance.
For more information, please refer to the China Passenger Car Brake-by-Wire Industry Report, 2023, for comprehensive insights into this transformative industry.

North America Compact Construction Equipment Market Set for a Robust CAGR of 4.62% by 2029, Fueled by Government Infrastructure Investments - ResearchAndMarkets.com

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Friday, November 3, 2023

The North America compact construction equipment market is on the path to significant growth, with a projected Compound Annual Growth Rate (CAGR) of 4.62% from 2022 to 2029.

Key Points:

The North America compact construction equipment market is on the path to significant growth, with a projected Compound Annual Growth Rate (CAGR) of 4.62% from 2022 to 2029.
Government Investment in Infrastructure: In 2022, there was a notable increase in government investment in infrastructure development projects across North America.
Compact Track Loaders Leading the Way: Track loaders, especially compact track loaders, accounted for the largest market share in the North America compact construction equipment market in 2022.
Leading companies in the North America compact construction equipment market include Kubota, Caterpillar, Hitachi Construction Machinery, John Deere, SANY, and Volvo CE.

Revolutionizing Vehicle Control: Global Power Steering Market Poised for Remarkable Growth with Adoption of Advanced Steering Systems - ResearchAndMarkets.com

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Thursday, November 2, 2023

The automotive steering system, a critical component governing vehicle motion, has evolved from manual to power-assisted steering, enhancing vehicle control.

Key Points:

The automotive steering system, a critical component governing vehicle motion, has evolved from manual to power-assisted steering, enhancing vehicle control.
As the demand for vehicles grows, so does the need for steering systems, resulting in intense competition in the market.
Adoption of Power Steering Systems: The shift from manual to power steering systems has significantly impacted the automotive industry.
Power Steering Systems' Cost Factor: While power steering systems offer benefits, their higher cost compared to manual systems, attributed to components like electric motors and hydraulic pistons, can affect overall vehicle pricing.

Meeting the Demand for Driving Comfort: Surge in Vehicle Sales Propels Growth in the Global Power Steering Market

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Friday, November 3, 2023

The automotive steering system, a critical component governing vehicle motion, has evolved from manual to power-assisted steering, enhancing vehicle control.

Key Points:

The automotive steering system, a critical component governing vehicle motion, has evolved from manual to power-assisted steering, enhancing vehicle control.
As the demand for vehicles grows, so does the need for steering systems, resulting in intense competition in the market.
Increase in Demand for Automobiles: The persistent growth in the automobile market, especially in developing nations such as India, China, and Brazil, is driving the demand for steering systems.
Adoption of Power Steering Systems: The shift from manual to power steering systems has significantly impacted the automotive industry.

Available Today, Spiritually Intelligent Leadership: How to Inspire by Being Inspired Enables Leaders to Get Inspired, and to Inspire and Empower Their Teams

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Tuesday, October 31, 2023

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PALO ALTO, Calif. , Oct. 31, 2023 /PRNewswire-PRWeb/ -- Available Today, Spiritually Intelligent Leadership: How to Inspire by Being Inspired Equips Leaders with the Ability to Connect with their Authentic Power, Get Inspired, and to Inspire and Empower Their Organizations

Key Points:

The Virtual Launch For Spiritually Intelligent Leadership Will Be Held on Wednesday, Nov. 1, 2023, at 1 PM PT.
Within this book, he explains that spiritual intelligence profoundly shapes our experiences and functionality in all aspects of life.
In Spiritually Intelligent Leadership, Dr. Amram provides real-life case studies of CEOs who confronted and overcame substantial challenges within their work settings through spiritually intelligent leadership.
"Spiritually Intelligent Leadership is a different type of leadership book.

Sterling Launches New Aerospace Logistics Service to Expedite Delivery of Critical Aircraft Parts to Airline Operators Worldwide

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Tuesday, October 17, 2023

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This high-level service will be operating 24/7 from a Logistics Service Hub built in Seattle, staffed with Sterling drivers and a new fleet of vehicles.

Key Points:

This high-level service will be operating 24/7 from a Logistics Service Hub built in Seattle, staffed with Sterling drivers and a new fleet of vehicles.
We developed this new service based upon the voice of our customers—they told us what they needed and we've delivered.
Aircraft parts from the OEM will be picked up immediately after a client's request, providing the fastest way to retrieve and deliver needed parts to airline operators all over the world.
Sterling is committed to meeting their needs with fast and dedicated first mile support," says Robert Broderick, EVP Sterling.

TRP Names Ted Saltzman as Vice President of Sales to Spearhead New Business Development, Signifying Further Expansion Into Heavy-Duty Trailer Sector

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Thursday, October 5, 2023

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DALLAS, Oct. 5, 2023 /PRNewswire-PRWeb/ -- TRP International, the recognized premier axle component manufacturer for light- to medium-duty trailers in North America, announced today the appointment of Ted Saltzman as vice president of sales to lead the company's new business development efforts. This move signals TRP's strategic intent to venture aggressively into the heavy-duty trailer segment while also maintaining its renowned service standards for its existing clientele, including axle manufacturers, boat trailer manufacturers, open and enclosed trailer manufacturers, agricultural implement manufacturers, specialty vehicle manufacturers and aftermarket component distributors.

Key Points:

– Chris Mileger
Chris Mileger, president of TRP, articulated the significance of Saltzman's role: "Ted's presence will invigorate our existing efforts and accelerate our ability to meet our strategic objectives.
Its considerable expertise enables TRP to serve the largest axle OEMs in the country, along with trailer manufacturers and the trailer aftermarket distribution channel.
Prior to joining TRP, Saltzman held executive sales positions with Hubbard-Hall, a manufacturer of metal finishing chemicals, and Optronics International, a vehicle lighting manufacturer.
"Ted will help us as we expand from our focus on running gear components to the broader category of frame components."

Rising Sales of Luxury Vehicles Propel Global Automotive Trim Market Growth Worldwide to 2029 - ResearchAndMarkets.com

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Tuesday, September 19, 2023

The global automotive trim market is poised for remarkable growth, with projections indicating that it will reach $41.6 billion by 2029, boasting a robust Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period.

Key Points:

The global automotive trim market is poised for remarkable growth, with projections indicating that it will reach $41.6 billion by 2029, boasting a robust Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period.
The market for automotive trim is experiencing substantial growth as numerous automotive component manufacturers develop and produce durable, lightweight components using a variety of polymers.
The global automotive sector faced a standstill during the pandemic due to lockdowns, which also affected the production of automotive trim.
Rising sales of luxury vehicles like sedans and convertibles globally have driven the demand for advanced automotive trims, fueling market growth.

Hangcha Forklift Canada Strengthens National Presence with Mississauga Warehouse

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Wednesday, September 6, 2023

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Vaudreuil-Dorion, Quebec, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Hangcha Forklift Canada (“Hangcha Canada” or “the Company”), a leading provider of material handling equipment, announces the grand opening of its Mississauga warehouse on October 3, 2023.

Key Points:

Vaudreuil-Dorion, Quebec, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Hangcha Forklift Canada (“Hangcha Canada” or “the Company”), a leading provider of material handling equipment, announces the grand opening of its Mississauga warehouse on October 3, 2023.
As a wholly-owned subsidiary of the esteemed Hangcha Group, Hangcha Canada is uniquely positioned to offer a comprehensive range of material handling solutions tailored to meet the diverse needs of the Canadian market.
Strategically located in Mississauga, the warehouse underscores the company's long-term vision of rapid delivery capabilities to ensure reduced downtime for businesses.
The evening will kick off with a ribbon-cutting ceremony at 4:00 p.m., marking the official inauguration of the Mississauga warehouse.