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AEI Newsmakers: April 2024

April 15, 2024 | Posted in Data & Trends, Dealers & Dealerships, Equipment & Equipment Sales
  • Fossil-free steel manufacturer SSAB announced April 10 that John Deere Forestry Oy will replace some of the steel...
  • Same Deutz-Fahr announced March 6 it has opened a sales branch in Santiago de Querétaro, Mexico...
  • The U.S. Department of Energy announced March 14 a conditional commitment to Lithium Americas Corp’s subsidiary, Lithium Nevada Corp., for a $2.26 billion loan...
  • Pricing lifecycle management company Zilliant announced a strategic relationship with AGCO...
  • Tire manufacturers Mitas and Trelleborg announced April 12 that, effective May 2024, they will increase global prices by up to 5%...
  • The Federal Aviation Administration recently granted Texas-based drone builder Hylio a regulatory exemption that will allow it to swarm its heavy-lift drones...
  • CEMA’s general business climate index decreased to a reading of –57 in the April survey vs. –55 last month... 
  • VDMA reported German tractor registrations down 2% year-over-year in March (flattish year-over-year in Q1)...
  • Effective April 1, José Cuadrado has been appointed global chief executive officer at Yanmar Compact Equipment...
  • In its March 11 WASDE report update, USDA’s 2023-24 ending stocks are estimated at 2.122 billion bushels of corn...

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Yokohama Rubber Co., Ltd. Acquires Trelleborg Wheel Systems

Company will operate under the name "Yokohama TWS," and will operate as a new company with no change to its organizational structure.
May 2, 2023 | Posted in Mergers & Acquisitions
Company will operate under the name "Yokohama TWS," and will operate as a new company with nFollowing last year’s announcement, Trelleborg Wheel Systems is pleased to announce the acquisition by The Yokohama Rubber Co., Ltd. has been successfully completed for 2,074 million euro. o change to its organizational structure.
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COVID-19 Causes Trelleborg Wheel & Tire Revenues to Slip

April 15, 2021 | Posted in Earnings Reports

Despite “fast and decisive” implementation of infection containment measures that enabled Trelleborg Wheel Systems to keep its factories operating with a safe environment for employees, the agricultural tire and rim supplier still recorded lower net sales last year due largely to the coronavirus pandemic.


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