Hyundai Shares Xite Innovation Vision at CES 2024

HD Hyundai’s Xite innovation, created with cutting-edge technologies such as artificial intelligence (AI), digital technologies and robotics, will go beyond improving construction sites and equipment to fundamentally transform the way humanity builds the future, the company stated. HD Hyundai Vice Chairman and CEO Kisun Chung presented “Xite Transformation,” the vision that transcends the limitations of time and space and will…

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John Deere Launches Mid-Size 444 G-Tier Wheel Loader

New to the market, John Deere introduces the 444 G-Tier Wheel Loader as part of its performance tiering strategy, offering customers a model that provides reliability without the extras that they would find in a P-Tier or X-Tier machine. The versatility and ruggedness of the 444 G-Tier are similar to the previously introduced 544 and 644 G-Tier machines, but at…

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DEVELON Celebrates First Anniversary of New Brand Name

It’s been one year since the familiar brand of orange construction equipment, formerly known as Doosan construction equipment, was renamed DEVELON. Company officials hosted a special media event on Jan. 17, 2023, in Las Vegas. It was during this event that DEVELON leaders unveiled the new brand for the first time, marking the beginning of a new era for the…

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Komatsu to Acquire American Battery Solutions

Komatsu, through its wholly owned subsidiary in the United States, Komatsu America Corp., has agreed to acquire American Battery Solutions Inc. (ABS), a battery manufacturer headquartered in Detroit.  U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed. The immediate impact on Komatsu’s consolidated business results…

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Hog Lick Aggregates to Participate in the Appalachian Regional Clean Hydrogen Hub

On Oct. 17, the Appalachian Regional Clean Hydrogen Hub (ARCH2) was selected by the U.S. Department of Energy (DOE) to negotiate terms under which ARCH2 would receive up to $925 million in federal funding to create a sustainable clean hydrogen hub that will be expanded and integrated into a national clean hydrogen network. ARCH2 includes a diverse group of 14…

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Chinese Heavy Machinery: Friendly Competition or Threat to the U.S. Market?

By Samir Shah China is the world’s manufacturing giant – that’s a fact, but that hasn’t stopped its interest in America. Although Chinese construction companies first arrived in the U.S. market in the 1980s, recently, Chinese companies such as XCMG, Sany and Zoomlion have started investing heavily in the U.S. market due to its vast consumer market and robust economy. …

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JCB to Build New Plant in San Antonio

JCB announced it is set to build a new factory in North America which will create 1,500 new jobs over the next five years. The construction of the 720,000 sq. ft. factory will begin early next year on a 400-acre site in San Antonio. The new facility will manufacture machines largely for customers in North America, the world’s biggest market…

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Volvo Announces Management Appointments

Volvo Construction Equipment announced three senior appointments to its executive management team. Scott Young has been appointed head of Sales Region North America. Young will continue to oversee the strategic direction of one of the largest markets for construction equipment and will be responsible for meeting its customers’ diverse needs, the announcement noted. Young takes over the role from Stephen…

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