Tag Archives: agriculture equipment

Hiab Strengthens Brazilian Market Position with Completion of ING Cranes Acquisition

(IN BRIEF) Hiab has finalized its acquisition of Brazilian crane manufacturer ING Cranes, expanding its presence and strengthening its loader crane portfolio in Brazil. The acquired business, which reported sales of around EUR 50 million in 2024, will be included … Read the full press release

American Rheinmetall strengthens U.S. defense industrial base with $31.7 million Michigan expansion

(IN BRIEF) American Rheinmetall will invest $31.7 million in a new headquarters in Auburn Hills, Michigan, consolidating its Troy and Sterling Heights operations into a single 168,056-square-foot facility and creating 450 new jobs. The expansion supports major U.S. defense initiatives, … Read the full press release

CNH Industrial acquires precision agriculture technology leader Raven Industries

(PRESS RELEASE) LONDON/ SIOUX FALLS, SD, U.S.A., 21-Jun-2021 — /EuropaWire/ — CNH Industrial will acquire 100% of the capital stock of the US-based leader in precision agriculture technology for US$58 per share, representing a 33.6% premium to the Raven Industries … Read the full press release