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John Deere and Hitachi are dissolving the partnership that has seen the two companies manufacturing and marketing hydraulic excavators together since 1988. The two companies will enter into new license and supply agreements, which will enable John Deere to continue to source, manufacture and distribute the current lineup of Deere-branded excavators in the Americas.

Going forward, Hitachi Construction Machinery will have Hitachi Construction Machinery Loaders America function as the hub of its activities in the Americas. Hitachi Construction Machinery will coordinate with the group of companies to build a new business structure.

Beginning in March 2022, Hitachi Construction Machinery will be able to provide direct solutions that address the challenges of customers throughout North, Central and South America for not only compact and construction-size wheel loaders but also compact and construction-size excavators, mining excavators and mining dump trucks.

Under the agreement with Deere, Hitachi Construction Machinery will provide Deere with an OEM supply of Deere-branded excavators, as well as components and service parts to Deere’s manufacturing and distribution bases in the United States and in Brazil for the time being.

Hitachi Construction Machinery Loaders America has also announced that as of March 1, 2022, it will team up with Wajax to expand their existing Canadian direct distribution relationship to include construction excavators, mining equipment and related aftermarket parts. The expansion of the direct relationship between Wajax and Hitachi is expected to strengthen the competitive positioning of both companies in the Canadian construction and mining markets.

Caterpillar will not be part of bauma 2022 as a corporate entity and will instead be represented by its local dealer at the event. Zeppelin Baumaschinen will be responsible for the Cat stand at bauma 2022 in Munich, Germany, from October 24 to 30. Previously, the two companies had a joint stand at the event.

Terex Trucks has changed its name to Rokbak. According to the company, the Rokbak name represents a new future and reflects the advances the organization has made in recent years as well as its new strategic priorities.

The investments and improvements in the company’s articulated haulers in recent times have ensured they remain robust and reliable machines, says the company. The company’s foundation is the predecessor models from Terex Trucks, the 28-tonne payload RA30 and 38-tonne payload RA40. As part of the new brand launch, the machines now come with Rokbak branding.

As part of the Volvo Group, Rokbak has experienced steady evolution over the past seven years. While this has taken place across the board, the company has focused specifically on four key areas: product design, sustainability, safety and people.

In product design, the company has introduced Stage V engines for better fuel efficiency and operation for customers. Other improvements include a new transmission on the 28-tonne (30.9-ton) machine, the introduction of Haul Track telematics, and a stronger focus on operator safety.

The company’s manufacturing plant has shifted to 100 percent renewable energy as well as operating within science-based targets and ISO standards, plus targeting CO2 emission reductions.

The focus on safety has been emphasized in all areas, but particularly on its employees. Changes in processes at the factory have seen a stronger concentration on maintaining employee safety while simultaneously delivering high standards and low downtime. For employees, there is a continual focus on professional development. Similarly, Dealer Operating Standards and training ensure the expanded dealer network continues to deliver high levels of service.

Custom Truck One Source has been awarded full Terex Utilities distributorship across Canada, beginning August 20, 2021. This decision will allow the company to offer sales nationwide, in addition to the rental and service offerings that were previously provided by the company.

Doosan Infracore will become a subsidiary of the newly created Hyundai Genuine (HG) group alongside Hyundai Construction Equipment (HCE) as two independent construction equipment companies under Hyundai Heavy

Industries Holdings (HHIH).

The plan is to manage overlapping investments and invest heavily in areas like future technologies and innovation. Doosan

Infracore will work to commercialize Concept-X and develop products such as electric excavators, battery packs, hybrid fuel cells and other next-generation products. By focusing on each company’s areas of strength, HG says it will be able to advance the development of products to compete in the global market.

CNH Industrial, the parent company of CASE and New Holland Construction, has signed an agreement to acquire Italian excavator manufacturer Sampierana for €101.8 million. Under the agreement, CNH will purchase 90 percent of the capital stock in Sampierana, and will obtain 100 percent control of the company over the next four years.

Turn to page 78 for an overview of highlights from MINExpo 2021.

Performance Team has placed an order for 16 Volvo VNR Electric Class 8 trucks – the largest commercial order of the North American model to date. The VNR Electric model is the first zero-tailpipe emission, battery-electric Class 8 truck in Performance Team’s fleet, which will be on the road by the end of the year.

Brandt Tractor Ltd. will acquire Cervus Equipment Corporation, valuing Cervus at approximately $302 million.

“The Brandt team is excited about this deal as it will allow us to better serve our customer base across Canada,” said

Shaun Semple, Brandt chief executive officer. “The addition of

Cervus’ offerings will form three brand new segments at Brandt dedicated to serving the Agriculture, Transportation and Material Handling industries. These segments, in addition to our existing specializations in construction, roadbuilding, forestry and more, will further establish Brandt as a total solutions provider across our diverse customer groups.”

Angela Lekatsas, president and chief executive officer of

Cervus, said “This transaction delivers tremendous value for our shareholders and clearly demonstrates the successful execution of our strategy. As a private company with a committed, well-capitalized and long-term owner, Cervus will be better positioned for the next stage of evolutionary growth for our dealerships. The size and scale of the entity created by the combination of our two companies will allow for increased investment into Cervus for the benefit of our employees and customers.”

The completion of the transaction is also subject to certain third party approvals, including from each of John Deere Canada ULC and Peterbilt Motors Company, each of which has provided consent to proceed with the change of control, as well as certain regulatory approvals and other conditions.

Ritchie Bros.’ August Market Trends Report took a closer look at skid-steer loader and multi-terrain loader sales in the United States and Canada. Over the past decade, the company has seen multi-terrain loader sales grow exponentially in comparison to its wheeled counterpart.

In 2010 Ritchie Bros. sold roughly five times more skid steers (3,037 units) in the U.S. than multi-terrain loaders (624 units). By 2020, that ratio had changed drastically, as the company sold approximately 2.5 times more multi-terrain loaders (3,484) than skid steers (1,310). In Canada, while multi-terrain loader sales have grown, skid-steer loaders have maintained their lead in terms of number of units sold.

Trimble has created Trimble Ventures, a venture fund focused on investing in early and growth-stage innovative companies. The fund will launch with $200 million allocated for investments and focus on companies with the potential for technology-enabled innovation and disruption in the digital transformation of the industries Trimble serves.

What does it take to be better? You have to be strong. Be smart. Be resilient. Be innovative. You’ve got to go above and beyond. And that’s precisely why people choose JCB construction equipment time and time again: Because good enough is never good enough.

Check out our full line of JCB products at your local dealer or visit JCB.com today.

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