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Wacker Neuson posts revenue growth

The Munich-based international light and compact equipment manufacturer Wacker Neuson reported a record rise in revenue for the first quarter of 2017. According to a company release, adjusted profit before interest and tax (EBIT) increased significantly. At the close of Q1, order intake and backlog showed a clear rise over the figures posted for the prior-year period.

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Kiruna Wagon wins Swedish Steel Prize 2017

Kiruna Wagon from Sweden has won this year?s international Swedish Steel Prize. The prize is awarded for the company?s innovative wagon solution, the Helix Dumper. Kiruna Wagon has used high-strength steel to develop a highly durable and far more efficient wagon solution than other ore wagons on the market.?

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Volvo launches P6820C ABG paver in India

Volvo Construction Equipment (Volvo CE) has launched its newest 9-m paver in India, the P6820C ABG. The unit offers a winning combination of power, production capacity, and precision for excellent paving quality, with perfectly smooth mats, according to the company. This new tracked paver is powered by Volvo?s D6E COM IIIA/EPA Tier 3 engine. The paver is considerably more powerful than its predecessor, while providing lower fuel consumption and less noise.

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Shriram Automall opens new facility in Hosur

Shriram Automall India (SAMIL) inaugurated its first facility in Hosur, the sixth in Tamil Nadu Zone and 27th in South India. The Hosur facility, which is the 68th Automall facility of SAMIL, is strategically located in the industrial area which is near Andhra Pradesh and Karnataka border and expands through Big Vegetable Market Hub. The newest Automall spreads over an area of four acres of land and will satisfy the demand in the area for vehicles primarily the LCV, HGV & SGV.

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Caterpillar introduces new portable generator range in US and Canada

Caterpillar is expanding into the home and outdoor power category with the introduction of the Cat? RP Series of portable generators. The RP Series is designed to provide reliable, convenient power for both professional contractors and retail consumers. The North America product launch includes four standard models, ranging from 3.6 to 7.5 kW as well as California-specific variations.

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Fermel in final round for Swedish Steel Prize 2017

For developing the Maverick range of dedicated light duty vehicles (LDV) for mining, which provide maintenance, repair and lifecycle advantages never before seen on the market, Fermel has been named a finalist for the Swedish Steel Prize 2017.

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Sonalika ITL posts 22% growth

One of the leading tractor brand in India, Sonalika International Tractors Ltd, entered the new financial year 2017-18 with a sharp growth of more than 22 per cent in April over last year. The company has recorded a remarkable 7,381-unit sales over the last year, in both domestic and international markets in April.

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Escorts inducts new Group HR Head

Escorts has appointed Amanppreet Singh Bhatia as the new Group HR Head. Amanppreet has more than 25 years of experience across commercial vehicle and engineering solutions, consumer durable and FMCG space. At Escorts, he will focus on organisational transformation and human resource strategic roadmap to build a strong employer brand.

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Schwing Stetter India joins hands with GOMACO

Schwing Stetter India has announced partnership with GOMACO Corporation for the sales and service of GOMACO?s entire range of concrete paving products across the country, except for the state of Telangana. The company plans to target $10 million sales in India during its first year of association.

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Irving Equipment adds NBT45 crane to fleet

Irving Equipment has taken delivery of a customised National Crane NBT45 to strengthen its product offering and provide unprecedented reach and efficiency to its customers in Canada?s Maritime Provinces.

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