News: Industrial

2020-02-25

Elabuga Plant Begins Production of Bobcat B780

This article initially appeared in the February 2020 issue of PowerTALK News.

Maxim Sakov
Maxim Sakov

In January Bobcat announced local production of its B780 wheel loaders. The model will be assembled in Elabuga, Tatarstan.

“Russia is an important market for Bobcat wheel loaders, and for the company in general,” said Yaroslav Fisher, director of Bobcat’s wheel loader production, Doosan Bobcat EMEA. “(Local production and the certification of the right of mark “Made in Russia” will be done. Bobcat engineers will control all the production processes in the plant to ensure the product quality conforms with company standards.”-

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PSR Analysis: One more localized product. At the moment it’s SKD assembly with the prospect of components being produced locally. PSR

Maxim Sakov is a Market Consultant, in Russia for Power Systems Research

2019-12-20

TUPY Acquires Teksid from Fiat Group for €210 million

SOURCE Tupy S.A. Read The Article

Tupy S.A., a Brazilian-based manufacturer of engineered cast iron structural components, today said it has agreed to acquire FCA’s global cast iron automotive components business, which is operated through FCA’s subsidiary Teksid S.p.A.

PSR Analysis: With the acquisition of the Italian cast iron foundry, the Brazilian company will have almost 10% of the global sales in the segment with a combined revenue in the range of 7 billion Reais (approximately $ 1.8 billion USD. PSR

Tupy says this deal will expand its presence in key segments of the global capital goods industry and will expand its potential for growth in machining and engineering services.

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