You've got Moxy

  • 10-Sep-2008 03:21 EDT
DIEU, Doosan Infracore’s European subsidiary, signed a contract for taking over Moxy Engineering AS, a Norwegian business specializing in the production of articulated dump trucks (ADTs), for €55 million in connection with its bid to enter the large-sized mining equipment market amid the expansion of the global heavy-construction-equipment market. Moxy, located in Molde along Norway’s west coast, owns the source technology for 23- to 46-ton (21- to 42-t) class ADTs and has networks for 61 dealers in Europe and North America in addition to local sales corporations and R&D centers in the U.S. and UK. Doosan Infracore plans to increase the annual sales of Moxy by five-fold to €250 million by 2012, fully utilizing its network of 300-plus dealers in China, Europe, and North America.
Share
HTML for Linking to Page
Page URL
Grade
Rate It
4.00 Avg. Rating

Read More Articles On

2017-09-06
New Holland is ramping up its focus on vehicles that burn alternative fuels, unveiling the prototype for a methane-powered tractor set for introduction in the 2020 time frame. The engine slashes operating costs, reduces emissions and cuts noise.
2017-09-11
Volvo CE partners with Waste Management, the California Energy Commission and CALSTART to test the 50% more-efficient LX1 prototype.
2017-08-30
The fully operational Urban Hauler EV daycab tractor unveiled Aug. 29 can travel up to 100 miles (160 km) on a charge, from its 140-kWh battery pack. An engine-generator option, employing Cummins B4.5 or B6.7 engines, can extend the range to about 300 miles (480 km).
2017-08-08
Custom-tailored for the Indian market and its demanding customer requirements by Daimler AG, the BharatBenz brand product portfolio features medium- and heavy-duty segments as well as an all-new heavy-duty range added in 2017.

Related Items

Training / Education
2018-04-30
Training / Education
2018-05-21
Technical Paper / Journal Article
2011-05-17
Training / Education
2018-06-07