Birmingham, AL -- (SBWIRE) -- 12/20/2010 -- The share market has come down hard on Fisher & Paykel Appliances - with its shares falling 40 per cent after the company issued a profit warning today.

The whiteware manufacturer's shares, which were worth $2.94 this time last year and worth $1 on Friday, went into free fall and are currently trading at just 60 cents, a 40 cent fall.

Earlier today the company said it expected a net profit of $25 million to $30m, down up to 54 per cent on last year.

Due to the deterioration in the New Zealand dollar, Fisher & Paykel Appliances' total bank debt grew $122 from March last year to $512m at the end of January. It was predicted to be $570m by the end of March.

It is now looking at reviewing its capital structure and alternative sources of capital.

Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning - The market was very concerned the company had to come back with a capital raising, which was unexpected, said Hamilton, Hindin, and Greene director Grant Williamson.

The home appliance market had dropped off in all areas Fisher & Paykel exported to and there did not appear to be too many signs of a turnaround in world housing at the moment, he said.

"I think investors are starting to say; how long is it going to be before conditions change for the company? I think that's the biggest concern."
Williamson said Fisher & Paykel Appliances' wares were sold into most new homes but when very few new homes being built it would have a serious effect on their sales.

A 40 per cent drop in share value was a big hit for the share price to take but that was the general state of the market.

"If any company disappoints the market then the market is very harsh on their share price and we have certainly seen that this morning with Fisher & Paykel Appliances."

The company announced it would not proceed with a capital note issue and was looking an alternative source of capital.

The directors were considering the merits of issuing equity, including to a cornerstone investor.

Williamson said he did not believe a capital notes rising would have been particularly well received.

He did not see any short term bounce in the price until there was clarification around the structure of equity rising. That was expected to be announced in early March.

"At the moment there's still a fair degree of selling in the market place, around the 60c level."- NZPA

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Birmingham, AL -- (SBWIRE) -- 12/02/2010 -- Fisher Capital Equipment Management Update- Machine Components Industry in China Problems and their causes - the machinery, basic parts - construction machinery industry. Avoid online internet scams, get latest updates on Fisher Capital Equipment Management website. As our country on the basis of pieces of machinery in Machinery Industry Awareness of the importance of late, long-term lack of investment, leading the entire industry based on poor, weak economic foundation and strength of the weak. In particular, as the host country rises the level of basic pieces of machinery behind the main bottleneck is becoming more apparent. In recent years, although the introduction of technology, technological innovation, scientific research and development, our country has given some support, but with the current level of market demand and overseas, there remains no small gap, in particular in: less product variety, low level quality of instability, early failure rate, and poor reliability.

China Machine Components product variety, small size, especially a big gap between high-end products can not meet the growing needs of the host. At present, various types of host based piece of performance indicators is roughly equivalent to the level of foreign 20th century 80s. Quality of instability, early failure rate, reliability is poor, the Achilles heel of basic items. Therefore, many OEMs to enhance the market competitiveness of its host, often choose to import the basis of supporting documents, resulting in domestic basic parts, especially the low-tech products, the domestic market share declined. Although China's exports of basic items has obvious advantages, but mainly labor-intensive products, the number of large, low-value, technology added value.

Present, China Machine Components Industry of the following main issues: First, redundant construction seriously, the low degree of specialization, not form scale, low economic efficiency, Machine Components, compared with the host enterprises to establish an initial financial and technical inputs required relatively few times in the national economic development period, have increased the number of basic parts manufacturer, also appeared along a large number of low-level duplicated construction, multi-point, volume is small, not form economies of scale. Basic pieces of business, while gradually independent of the OE, but most of the enterprise itself is large and, small but complete, low degree of specialization, the level of equipment is not high, the quality of instability, low economic efficiency. If China Bearing Annual output of three large enterprise sector bearing less than the sum of a well-known foreign companies 50%. The past two years, China built nearly one hundred Hydraulic Parts Plant, but the annual output of 300,000 or more only a few, the main product is Agricultural Machinery Matching. The company's annual output of Germany Rexroth hydraulic items 1.3 million, the Japanese oil research (strain) is also an annual output of 600,000 or more. Industrialized countries die of about 150 000 companies per capita output to 20 million, China's only 4 million to 50 thousand yuan. In recent years, with a variety of common development policies, the ownership, basic parts industry is experiencing increasingly focus from scattered to the intensive development process.

Fisher Capital Equipment Management Update- Machine Components Industry in China Problems and their causes - the machinery, basic parts - construction machinery industry Avoid online internet scams, get latest updates on Fisher Capital Equipment Management website.

Second, weak research and development, insufficient capital investment, technological progress is slow. Basic pieces of 70 different industries in the late 20th century, early 80s to early introduction of a number of foreign advanced technology, but the lack of adequate absorption of the hardware and software investment. According to foreign experience, required for digestion and absorption of imported technology and capital ratio of approximately 1:7, and our understanding of this late, slow digestion and absorption steps. Technical strength of competition in the market is actually a contest. Have attached great importance to overseas, have increased investment, occupy high ground. Various well-known companies for research and development funds account for its Sell Amount of 4% to 5%, 10% in key areas. Although many institutions of higher learning in China at present engaged in research work, a lot of theoretical research, scientific research, patents, and papers have a very high level, but actual production is not tightly integrated, especially into commodities slow.

Third and related raw materials, backward technology, low level of technology and technological equipment the foundation of the development constraints.

Fasteners, chains, springs, bearings, molds and other steel products used by the poor quality specifications less direct impact on the quality of basic items, while the hydraulic pressure and hydraulic pressure castings and quality of products related to electronic control technology backward, but also directly affect the quality and reliability of hydraulic components. Mechanical parts are generally based on batch, mass production, but also more variety, high precision machining products, and therefore require high technology and equipment production, large investment. Foreign multi-use high efficiency and precision of the plane, line or soft line for efficient automated production. However, some basic pieces of our business by financial constraints input small businesses transform themselves poor, less advanced equipment not matching, affect product quality and quality.

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Birmingham, AL -- (SBWIRE) -- 12/01/2010 -- Fisher Capital Equipment Management Update- China has become the world's first internal combustion engine manufacturing power - engine oil - construction machinery industry. Avoid online internet scams; get latest updates on Fisher Capital Equipment Management website. At Tianjin University in a few days ago " Energy Power "Academic Forum, Tianjin University, State Key Laboratory of Combustion Yao Ming-Fa fellow director, said China's current annual production has more than 60 million internal combustion units, is the world's first internal combustion engine manufacturing country. With internal combustion engine as the power source of the power system in the next 30-50 years is still the main driving force for most, it will be the internal combustion engine energy saving energy saving in China the main battlefield of the future

"Energy and Power," Academic Forum, Tianjin University to celebrate the State Key Laboratory of Combustion opened in 20 years held. Forums, including the Chinese Academy of Sciences Gob, the Chinese Academy of Engineering, Hui Guo, Tianjin University, State Key Laboratory of Combustion chief scientist Wan-Hua Su, China FAW Car Research chief engineer Li Kang and other experts, including prior agreement will concern the focus of great concern in the current domestic and international economic and energy savings on carbon.

China - world's first internal combustion engine manufacturing power – Fisher Capital Equipment Update. Avoid online internet scams; get latest updates on Fisher Capital Equipment Management website. Researcher, according to Yao Ming-Fa, the internal combustion engine Oil Oil consumption is about 66% of total consumption, China's dependence on oil imports more than 50%. Engine emissions and noise are also major sources of air and the environment, the city more than 50% of the harmful gases from motor vehicle emissions from combustion engines. "But the burning Engine Still the main power source in the future, fuel efficient and clean burning combustion technology is still theoretical and academic frontier. Conventional internal combustion engine is still 50% of the energy potential of renewable fuels, new synthetic fuel efficient and clean combustion is an important aspect of new energy to pursue low-carbon power has become an important international political issues, combustion engine fuel diversification energy diversification is a trend. "

Laboratory Academic Committee, Chinese Academy of Sciences said Xu Jianzhong, although in recent decades, fossil energy is still the main source of energy, but from now on to create carbon-free, low-carbon energy system, the occupation of energy technology and industrial high ground, China's Industrial development.

1989 Tianjin University completed an open State Key Laboratory of Engine Combustion engine of China's only State Key Laboratory of the field. Combination of the laboratory "energy", "environment" and "power" major national needs and international academic front, the main research interests include internal combustion engine combustion process and optimum control of the internal combustion engine generates harmful emissions, and atmospheric environmental impact post-processing technology research, alternative fuels and new engine Power Plant Study, dynamic mechanical structural strength, vibration, noise and lubrication technology research

Experts at the forum agreed that the green energy and low-carbon economy is becoming the leading technology and industrial revolution in the next major direction of our country is facing domestic pressure to reduce carbon emissions, carbon emissions will be the internal combustion engine technology to drive future the development of one of the main sources of power. The face of this international situation, Yao Ming-fa introducing the laboratory researcher, said the future direction of development, energy-efficient internal combustion engine and reduce harmful emissions and reducing carbon emissions are the characteristics of the laboratory, while the aircraft engines, space propulsion in the field expansion side laboratory has also made encouraging progress. "We will continue to innovate and operational mechanisms to accelerate the pace of development, take on the achievement of national goals of scientific research and high-level personnel training duty. Efforts to build a world-class laboratory research center of the engine, to meet China in the 'energy,' 'Environment' and 'advanced power' to make a significant contribution to the demand. "

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Birmingham, AL -- (SBWIRE) -- 12/01/2010 -- Most recently by the financial turmoil sweeping the globe, has been leading the international trend of the European heavy truck heavy truck giant constantly laying off employees and cut-off of the news. Avoid scams. Keep posted and don't be a victim.

2008 12 16, Sweden Volvo Truck Group headquarters in Gothenburg, announced first quarter 2009 will be discontinued 20 to 25 days to avoid a drop in demand caused by product mix. Earlier, the German truck maker Man (MAN) company announced major layoffs for temporary workers and cut production. Mercedes-Benz trucks were announced job cuts in Canada and the United States, 2300.

Chinese auto companies have gradually felt the tremendous power of this financial crisis. In the heavy truck market, the independent brand of electric control and high-pressure EGR Track Product spreads win one or two million in full swing, not to mention the high price of imported heavy card. The face of tough international market, the European heavy truck giant can turn "crisis" into "opportunities" in China for more effective business support?

Previous years, this time, each company will announce a new year of market objectives and development plans. But this year, most businesses still wait until. Interest rates, exchange rates frequently adjusted bailout plan were introduced, the situation changes so rapidly, so that hundreds of battles in the European heavy truck giant become more cautious than ever.

Benz trucks in China public relations manager, told reporters that Wang Hui, Mercedes-Benz on the Chinese market and customers long-term commitment is consistent. Slowdown in the current market circumstances, the Mercedes-Benz will continue to provide Chinese customers with high quality products and services. Meanwhile, Mercedes-Benz that the Chinese government to stimulate domestic demand, increasing investment in initiatives such as the opportunities for the commercial vehicle market, promising Chinese market, long-term, sustainable development.

Insiders commented that, compared with the domestic heavy truck, imported products have a distinct performance advantage. However, due to the special needs of our commercial vehicles, heavy trucks have been no imports of high-end open market, even as imports of passenger cars did not bring in huge profits for multinational corporations. At present, this situation has not changed.

Hard for many years in China, another giant of heavy trucks in Europe?? Volvo to the Chinese market showed cautious optimism. President of Volvo Trucks in China, said Lu Bo days, despite the international financial crisis, but the driving force for China's economic development still exist, with the timely measures taken by the relevant market better than in Europe and the United States. He said that both in good times or bad, both for China Volvo Cooperation Partner support, and will not lay off in China.

As the industry leader in commercial vehicles in Europe, Mercedes-Benz and Volvo is also China's imports of high-end heavy truck market leader, in recent years has annual sales of more than in 1000. Rely on much weaker than the company's own brand dealer network, can achieve such results is not easy, to keep victories is their primary goal. Man speaking for the company, but the adverse economic situation it saw an opportunity. Man Fischer, vice president of China, told reporters that the financial turmoil, China is likely in 2009 a temporary economic downturn. However, the Man for 2010 are optimistic about China's economic situation. On the one hand, the 4 trillion yuan in central government investment projects, traffic, transportation, logistics industry is the key; the other hand, the Chinese yuan to upgrade the user's purchasing power. By expanding dealer network to provide users of financial services and other measures, Mann hopes the Chinese market in 2009 heavy truck sales of more than 500 in 2010, and strive to reach 1,000 units in China imports high-end heavy truck market share from the current 8% to 20%.

China called the world's largest truck market, regardless of existing capacity or growth potential is very attractive. At present, the global economy are shrouded in shadow of financial turmoil, the Chinese market for multinational auto giants significantly increased the importance of the European heavy truck giant too. Although China's own brand of technical level of heavy truck brand products in Europe there is still a gap, but their progress over the years is obvious to all. The industry believes that both the Chinese heavy truck market prospects are also notable features. This feature is changing for the right to speak, the Chinese heavy truck industry has gradually become rules of the game makers. Only able to adapt to the rules of Chinese enterprises to share the fruits of victory.

Related Reading: 2009 debut all the new heavy truck market in China smoke resurgence

In the global financial crisis, China's heavy truck industry is facing the most strong market impact in history, many users are forced to report truck stop, a sharp decline in market demand, but as the beginning of large-scale infrastructure and fuel tax implementation, some experts predict that 2009 will be the second half of the Chinese heavy truck market is expected to rebound. Then, the face of the current severe situation, how companies can survive the winter; future market rebound when the business first opened, how can the situation? In the face of this issue, China's heavy truck manufacturers have thought they were talking to the product. Recently, the China Heavy Duty Truck, Shaanxi Auto, Fukuda, SAIC Iveco Hongyan, Valin successively announced their new 09 models, can be predicted that in 2009 China's heavy truck market, a war broke out did not smoke.

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Birmingham, AL -- (SBWIRE) -- 11/11/2010 -- With such close scrutiny on pollutant emissions from road vehicles, what measures are in place to regulate emissions from non-road mobile machinery (NRMM)? Get educated, avoid scam and learn from latest news update from Fisher Capital Equipment Management Leasing.

NRMM refers to any transportable industrial equipment or vehicle with or without bodywork that is not intended to be used to carry goods or passengers on the road, in which an internal combustion engine is installed. This includes any vehicle fitted with a diesel engine and covers numerous construction vehicles and equipment such as excavators, front loaders and compressors.

Do NRMM contribute significantly to pollutant levels?

NRMM are not currently subject to as tight controls as road vehicles and investigations undertaken by the European Commission estimate that off road machinery accounts for approximately a quarter of the emissions of oxides of nitrogen and a third of PM2.5 (particles less than 2.5 micrometers in diameter) emissions of mobile sources in 2000.

Oxides of nitrogen and particulates are the most significant pollutants emitted by diesel engines and are the two pollutants of most concern to the United Kingdom in terms of air quality. Oxides of nitrogen can have adverse effects on health, particularly among those with respiratory problems. In addition, they contribute to acidification, and to ground level ozone formation. Particulates are also damaging to health, particularly those suffering from cardiovascular and respiratory complaints.

What has been done to control these emissions?

Directive 97/68/EC was passed by the European Parliament and the Council of 16 December 1997 to approximate the laws of Member States relating to measures against the emission of gaseous and particulate pollutants from internal combustion engines to be installed in non-road mobile machinery. Several amendments have been made to this directive including, 2001/63/EC, 2002/88/EC, and 2004/26/EC to include technological advancements and to extend the scope of the directive to cover agricultural and forestry tractors, small spark ignition engines, locomotives and inland waterway vessels. The directive identifies the necessity to control emissions of air pollutants that have recognised health risks such as nitrogen dioxide, particulates – black smoke and other pollutants such as carbon monoxide.

How does it work?

The directive approximates laws of the Member States with regard to emission standards and has established a ''type approval' procedure for engines intended to be fitted to NRMM. Type approval is a procedure whereby a Member State certifies that an internal combustion engine 'type' or 'family' meets the minimum technical requirements specified in the directive with regards to its level of emission of gaseous and particulate pollutants. Through certification, engine 'types' or 'families' can be approved with the assumption that, as a result of similar design, the expected exhaust emissions will comply with requirements of the directive.

What does this mean for the Construction Industry?

The Mayor of London's 'Best Practice Guidance' already recommends minimum standards for off-road vehicles associated with increasing numbers of construction sites in London and large high profile demolition and construction sites, more commonly being asked by local planning authorities to specify exhaust emission controls for NRMM within their Construction Environmental Management plans.

In instances where the existing poor air quality exists upgrading NRMM to the latest engine 'type' or 'family', where budget allows, can not only reduce the impact construction activities have on local air quality but also have climate change benefits through efficient / clean engine technologies. As an alternative a range of exhaust after-treatment technologies is also available as a retrofit or as an original equipment option. Where upgrading to the latest technology or retrofit is not possible, other simple changes to on-site operations can be made to reduce the impact of NRMM. Such changes as using ultra low sulphur equivalent diesel and routinely maintaining/servicing an engine can hugely reduce levels of pollutants. Moreover, careful consideration of where to locate stationary construction plant equipment such as generators and cranes can also minimise the impact of exhaust emissions i.e. away from pedestrian walkways or areas where members of the public may be exposed for any length of time. A cost effective way that companies with sizeable stocks of NRMM can minimise their impacts on air quality at the most sensitive sites would be to distribute only there newest NRMM to sites with existing air quality issues.

With ever increasing pressure on the construction industry to tighten up their environmental practices, emissions from NRMM should not forgotten and through planned equipment renewal and on-site management companies can help protect the general public and employees against recognised health risks from air pollution and improve their environmental credentials.

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Birmingham, AL -- (SBWIRE) -- 11/08/2010 -- Highway Equipment Company (HECO), the manufacturer of Hi-Way® road maintenance equipment and New Leader® crop nutrient applicators is pleased to announce the achievement of the National Truck Equipment Association's (NTEA) Member Verification Program (MVP) status. MVP participants distinguish themselves by embracing the knowledge that is necessary to provide a high level of quality while meeting certain regulatory requirements.

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The NTEA MVP recognizes distributors, manufacturers and up-fitters for implementing quality business practices and for complying with specific government safety regulations. Criteria to meet the MVP standards can involve liability insurance, warranty programs, vehicle and employee certification, safety policies and quality assurance. By qualifying for the MVP, members can gain an even higher industry designation by verifying their commitment to excellence. MVP companies attest that their firm operates at a defined level of professionalism through the use of quality-minded business practices. "HECO's status as an NTEA MVP demonstrates our on-going commitment to safety and professional excellence in the work place," said Ingrid Livingston, executive director – marketing. "It is our dedication to these factors that allow us to manufacture high-quality products that increase our end-user's return-on investment."

Since NTEA launched the MVP in 2005, a total of 416 distributor and manufacturer members have qualified for MVP status.

Highway Equipment Company is the leading manufacturer of New Leader crop nutrient applicators and Hi-Way deicing spreaders and road maintenance equipment. The company is committed to building innovative equipment and delivering superior customer service to ensure consistent and reliable experiences for our customers and business partners.

Highway Equipment Company is the leading manufacturer of Hi-Way deicing spreaders and road maintenance equipment, New Leader agricultural spreaders and Flow Boy processed road building material transportation equipment. Our customer base ranges from municipalities and contractors to agricultural custom applicators and growers. We also produce products for many original equipment manufacturers.

For nearly 70 years, our goal has been to build the highest quality equipment to the most exacting specifications and expectations. Every component of every product we offer is carefully designed to last. By using heavier gauge steel, high end components, a superior paint system and consistent manufacturing processes, our quality shines through in everything we produce. And, most of the products are designed and modified by our in-house engineering department.

Our philosophy of "building the best" also extends to our large network of dealers. Each authorized dealer has been fully trained to provide a total sales and service experience for the customer. An on-site training center is dedicated specifically to sales and service training.

For more information, please contact your local dealer or company representative.

Established in 1939, Highway Equipment Company is a leading manufacturer of New Leader® crop nutrient applicators for the agricultural industry, and Hi-Way® deicing spreaders and road maintenance equipment for state, federal, and municipal entities, as well as for private contractors. New Leader and Hi-Way products are distributed through more than 200 dealers throughout North America and around the world. Highway Equipment Company is a privately owned business located in Cedar Rapids, Iowa. For more information please visit our web site at http://www.highwayequipment.com.

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Birmingham, AL -- (SBWIRE) -- 11/08/2010 -- The Akkerman team, continually committed to increasing the versatility of our products, recently launched several new components for our GBM line of equipment.

Fisher Capital Equipment leasing news update from different suppliers. Fisher Capital Equipment Management leasing gives you fresh events and updates on Construction Machineries, Suppliers Directory and Others to keep away from scam from Unsolicited, "Pre-Qualified credit line" mass mailings

The Powered Reaming Head (PRH) upsizing kit for its Guided Boring Machine (GBM) system was released. This GBM accessory allows owners to bore multiple pipe diameters with just one set of 11" OD (279 mm) thrust casings and augers. The base 14" (356 mm) OD PRH unit features 16" (406 mm) and 20" (508mm) OD increaser kits and corresponding pipe adapter rings to accommodate up to 20" (508 mm) OD pipe. All PRH components rest on a customized rack for ease of transport and orderliness on the job site. The PRH front and rear sections can be launched separately to accommodate minimal diameter shafts. The PRH kit performs well with all Akkerman power packs and jackingframes.

The P150Q Power Pack provides hydraulic power to the GBM jacking frame and Powered Cutter Head for smooth and efficient operation. The P150Q houses a 154 HP (115 kw) diesel engine.

Its three load-sensing variable displacement axial piston pumps independently operate the jacking, rotation and PCH. It also features a 100 gal (378 L) fuel tank and 50 gal (189 L) hydraulic oil reservoir.

The Jetting and Lubrication pump underwent a design reconfiguration for enhanced compactness. It features independent hydrostatic flow connections, bulkhead connections for pressure and return lines and an easily serviceable open/close valve on the tank outlet. Customers may choose the 3,000 rpm, 30 HP (7 kW) diesel engine or 1,750 rpm, 30 HP (7 kW) electric motor. Each 325 gal (1,230 L) tank is positioned side-by-side on a pallet-like base. The 2,500 psi (17,237 kPa) high-pressure jetting pump assists the GBM system's excavation process by lubricating cutter bits and spoils. An in-line suction filter protects the pump from contaminants in the water. The 150 maximum psi (1,034 kPa) lubrication pump flows at 4gpm (15 L/min) and features an agitator which mixes the lubrication quickly and keeps it consistent throughout production.

For more information on these and other GBM products, please contact our friendly sales staff or an international representative.

Akkerman Inc. is positioned for sales in new markets with recently established representation in the Middle East, India, Russia and Singapore. Agreements with Trenchers Land Digging & Filling LLC, based in the United Arab Emirates, Asia Contech Ltd. of India, Intertorg Russia and ICE Far East in Singapore pioneer exciting prospects for Akkerman Inc. worldwide. Trenchers Land Digging & Filling LLC of Dubai recently facilitated the sale of a complete Guided Boring Machine (GBM) system for a Kuwait contractor. This sale denotes the first GBM system sold in the Middle East as well as the most powerful pilot tube microtunneling configuration available. The 4812A jacking frame with 200 tons of thrust, 275T power pack, Powered Cutter Head and Jetting and Lubrication pump will install DN 300-1,000 mm pipes for drives up to 150 m long. Asia Contech Ltd. of New Delhi, providing sales and service of Akkerman equipment in India, also represents trenchless companies American Augers, ASTEC and Trencor. ICE Far East of Singapore, a south east Asia office for International Construction Equipment (ICE) will represent Akkerman in this region. Intertorg of Moscow, a US based company with expertise in the Russian trenchless market, has been a longtime dealer for Ditch Witch and previously represented Lovat, Soltau and MTS equipment.

Akkerman welcomes these organizations into its community of sales representatives. Tunnel Engineering Services in the United Kingdom, Ditch Witch of Australia, Virtual Engineering of Columbia and the Alinea Group of Mexico have been agents of Akkerman for many years. Additional representatives have been appointed in Egypt, Turkey, Bulgaria, Poland, Brazil, Italy and Pakistan. For a full listing of equipment representatives, please review the "Contact Us" page on the Akkerman website.

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Birmingham, AL -- (SBWIRE) -- 11/08/2010 -- Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.

FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others --100% Ownership of LBX Company.

Sumitomo (S.H.I.) Construction Machinery Co., Ltd. (SCM), a leading manufacturer of hydraulic crawler excavators headquartered in Tokyo, Japan, announced today that effective as of April 30, 2010 it has acquired full ownership of LBX Company (LBX) headquartered in Lexington, KY.

LBX was originally formed as part of a global alliance between SCM and Case Corporation, and holds the manufacturing rights to SCM's excavator products in North and Latin America. LBX has been marketing and selling Sumitomo excavators, forestry, material handling and demolition products under the Link-Belt excavator brand name since the company's formation.

"This acquisition underscores SCM's dedication to LBX and the Link-Belt® excavator brand, and will contribute greatly to our success and expansion throughout North, South and Central America," stated Robert Harvell, CEO of LBX Company. "Over the years, our long-term relationship with SCM has been built on a solid foundation of providing superior product quality, innovative designs, and dedicated commitment to our dealer network and customers."

"We believe that this acquisition will allow both LBX and SCM to achieve our common long-term global growth strategies," said Kensuke Shimizu, President of Sumitomo Construction Machinery.

Since its formation, LBX has passed several growth milestones, including the creation of a corporate campus in Lexington, KY that includes a world-wide parts distribution center, product testing grounds, training facilities and testing and service bays. Additionally, the Link-Belt® excavator products have evolved to meet the needs of today's marketplace, including the introduction of new models such as the Link-Belt® 360 X2 Rubber Tire material handling excavator, which was unveiled at the ISRI Convention last week in San Diego, CA.

"We look forward to working very closely with SCM in the development of future products and our dealer network to further expand our position in the marketplace," Harvell said.

The management team of LBX will remain in place.

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Rolling Meadows, IL-- (SBWIRE) -- 11/08/2010 -- Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.

FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others. Meets EPA Tier 2 Emissions Regulation With More Horse Power, Reliability, Durability, Lower Fuel Consumption, Increased Productivity, Enhanced Operator Cab and Easier Maintenance, 1892 Gross HP (SAE J1995), 1765 Net HP (SAE J1349) @ 1800 rpm, Engine RPM control system with auto deceleration New variable transmission cut-off system, New dual-mode active working hydraulic system, Additional torque converter cooler, Increased hydraulic cooling capacity, Extended service intervals.
Komatsu America Corp. (KAC) today introduced its new WA1200-6 Wheel Loader for use in mining applications. Based on extensive customer input and feedback, the new loader includes environmental, technological and ergonomic enhancements for even greater productivity, while lowering operating costs.

The new WA1200-6 is powered by a highly-efficient Komatsu SAADA16V160E-2 engine that delivers 1892 Gross HP at 1800 RPM. With an operating weight of 477,100 lbs., the new loader offers increased fuel efficiency, while meeting all EPA Tier 2 emissions requirements.
Special features of the WA1200-6 include:

Productivity Performance

The engine net output of the WA1200-6 has been increased by 132 HP to 1765 HP at 1800 RPM. The use of an electronic governor results in low fuel consumption, with quick throttle response to match the machine's powerful tractive effort and fast hydraulic response.

The new dual-mode active working hydraulic system allows the operator to select between normal and powerful loading, while the optimum oil flow in the working system increases efficiency and reduces cycle times. Increased engine output and the optimized hydraulic system provide outstanding production and performance.

Operator Enhancements

The engine RPM control system with auto deceleration allows the operator to set the engine RPM at the optimum work performance level and control speed smoothly with the accelerator. The variable transmission cut-off system for the left brake pedal is adjustable by a switch at the operator's seat. When loading, the low setting reduces brake impact to prevent spillage, while the high setting can be used for traveling.

Improved Reliability and Durability

An additional torque converter cooler was added as standard equipment to reduce oil temperature and increase cooling capacity. For hydraulic cooling, a new pump with increased oil capacity was added and the circulation was revised to lower oil temperature. Two additional air cleaners were added and the size of the elements increased to 15 inches for more capacity.

Komatsu America Partners with Pedregon Racing, Two-time NHRA Funny Car world champion Tony Pedregon's Chevrolet Funny Car will feature primary sponsorship from Komatsu America Corp. for the O'Reilly Auto Parts NHRA Nationals, Sept. 17-19, at Charlotte, NC.

"Komatsu America is excited to be sponsoring Tony Pedregon's car," said Erik Wilde, Vice President, Product Marketing, Komatsu America Corp. "Tony's reputation as a world champion aligns well with Komatsu's world-wide reputation for producing outstanding equipment."

Komatsu will also be an associate sponsor on the Pedregon Racing Funny Car and on Cruz Pedregon's Snap-on Racing Tools Funny Car, with races slated for Sept. 23-26 at Dallas, TX, Oct. 7-10 at Reading, PA, Oct. 28-31 at Las Vegas, NV, and Nov. 11-14 at Pomona, CA.

"Komatsu is an international leader in the field of construction and mining equipment," said Pedregon during the announcement. "We are pleased to promote awareness of the brand to our race fans as well as the Komatsu dealers and their customers."

Tony Pedregon is one of 10 Funny Car drivers competing for final positions in NHRA's Countdown to 1 playoffs. This weekend's event is the second of six title-deciding races.

Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd. which is the world's second largest manufacturer and supplier of construction, mining and compact construction equipment. Komatsu America also serves forklift and forestry markets. Through its distributor network, Komatsu offers a state-of-the-art parts and service program to support the equipment. Komatsu has proudly been providing high-quality reliable products for nearly a century. Visit the website at http://www.komatsuamerica.com for more information.

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