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CLEVELAND - Diversified industrial manufacturer Eaton Corporation announced it has agreed to acquire Wright Line Holding, Inc., subject to regulatory approvals and other customary closing conditions.
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ARLINGTON, VA - The North Carolina Trucking Association (NCTA) presented Sam Faucette of Old Dominion Freight Line with its Safety Director of the Year Award July 24.
Read More →TORRANCE, CA - Enova Systems, Inc., an innovator of proprietary hybrid and electric drive systems, confirmed they have moved toward large scale production supply of its all-electric drive system for the Smith Newton, the world's largest battery-electric-powered production truck.
Read More →MT. LAUREL, NJ - Evolved from ARI customer requests, the Forklift Management Program is a fully integrated, single-source solution that supports the forklift life cycle from specifications and acquisition through preventative maintenance, repair service and, finally, remarketing.
Read More →Incentives and federal grants are expected to propel the adoption of hybrid commercial vehicles in North America and Europe, according to a study by Frost & Sullivan.
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With arbitration completed, General Motor’s new U.S. dealer network will be about 25 percent smaller than in early 2009, though it remains the nation’s largest. Facilities upgrades in the works.
Read More →The automaker cited growing public interest in the Volt and said it plans to increase capacity from 30,000 units to 45,000 units, in 2012.
Read More →Geely agreed to pay $1.8 billion for Volvo Cars, including a $200 million note and the balance in cash. Volvo and Ford will maintain close component and supply relationships, ensuring continuity during the transition period.
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GM will provide $5 million in funding to the Indiana automaker to help accelerate production of its plug-in hybrid commercial vehicle.
Read More →Hyundai's plan to achieve an average of 50 mpg or better encompasses a full line of products, from small cars to larger family haulers.
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