October 2008

NEWS BRIEFS

Kenworth expands Ontario facility

Kenworth Truck Centres of Ontario has expanded its customer support with a new facility in Lively, Ontario, that?s twice as large as its former location. The new Kenworth Truck Centres facility in Lively, Ontario, is on a 3 1/2-acre site, which includes a 20,000 square-foot building with five drive-thru service bays, a larger parking lot and easier freeway access. The new location also includes an additional smaller service bay dedicated to providing Kenworth PremierCare Express Lube and AC preventive and maintenance care services.

Brandt Tractor opens state-of-the-art dealership in Grande Prairie

Brandt has opened one of the most state-of-the-art construction dealerships in North America in Grande Prairie, Alberta. ?When we choose our dealer locations, we believe in owning our own real estate, designing state-of-the-art facilities, and investing in the community infrastructure,? said Shaun Semple, president of Brandt Tractor. ?It?s our commitment and our promise to customers that we?re here for the long haul.?

RSC launches Integrated Service Group to add service benefits

RSC Equipment Rental recently launched their Integrated Services Group, a team of professionals that provide an array of new services to meet the needs of industrial customers. Integrated Services includes: equipment rental, Total Control, Mobile Tool Room, on-site/off-site management services, and pump and power solutions.

Mack and Volvo plan reorganization to increase North American efficiency

Mack Trucks and Volvo Trucks North America have jointly formulated a plan for increasing the efficiency of their North American operations. The plan includes the relocation of Mack?s head office from Allentown, Pennsylvania, to Greensboro, North Carolina, and a concentration of Mack?s truck production to the plant in Macungie, Pennsylvania. The aim of the plan is to increase the effectiveness and efficiency of the North American truck operations and also to create better conditions for capitalizing on the opportunities arising in the North American market.

Manitou to acquire Gehl Company

Gehl Company announced in September that it had signed a definitive agreement to be acquired by its largest shareholder, Manitou BF S.A., a manufacturer and distributor of material handling equipment headquartered in France. The transaction, with an aggregate enterprise value of approximately $450 million, will be effected through a tender offer for all outstanding shares of Gehl by a Manitou subsidiary, Tenedor Corporation, followed by a second step, cash-out merger.

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