Boral Ltd. will acquire Headwaters Inc. for $24.25 per share in cash, a deal valued at $2.6 billion, according to the companies.
Read MoreDay: November 21, 2016
Hall Chaney to Serve as President of Chaney Enterprises
Chaney Enterprises announced the promotion of Francis H. (Hall) Chaney III, to president. Previously executive vice president, Chaney assumes responsibility for all aspects of the Gambrills, Md.-based concrete manufacturer, aggregate supplier and source of construction materials and supplies.
Read MoreCat Updates 992K Wheel Loader
Designed to lower fuel costs and increase operating efficiency, the recently updated Cat 992K Wheel Loader features Caterpillar’s Economy Mode operation. With the new On-Demand Throttle arrangement, the 992K automatically manages engine speed, combining the efficiency of a manual throttle with ergonomic throttle lock operation. Caterpillar performance studies have shown the 992K reduces fuel consumption by as much as 21…
Read MoreAEM Elects 2017 Officers, Directors
The Association of Equipment Manufacturers (AEM) announced its 2017 officers as well as those elected to the AEM board of directors and AG and CE sector boards. AEM officers for 2017 are: Chair Michael A. Haberman, president, Gradall Industries Inc. Vice Chair Richard M. Goldsbury, president Doosan Bobcat North America & Oceania, Doosan Bobcat. AG Chair John D. Lagemann, senior…
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