Industry News - September, 2019 - Page 4 of 4

CN's New Centennial Coin

Get on board our centennial celebration of CN's New Centennial Coin

CN is marking it's centennial year with a 25-cent coin that connects the past with the present. The unique red and black freight train—it’s a familiar sight on today’s tracks, which wrap around the coin’s rim. While the rail map hints at CN’s legacy, the engraved steam locomotive is a more nostalgic nod to a time when these chugging and whistling engines criss-crossed a young Canada.

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Sep 5, 2019 - 6 years ago
Latest Loader Technologies Improve Machine Performance And Human Machine Interface

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Sep 5, 2019 - 6 years ago
Tidewater Equipment Joins CASE Construction Equipment Dealer Network

Dealer to represent full line of CASE equipment in 42 counties in western and southern Georgia

Tidewater Equipment has joined the CASE Construction Equipment dealer network and will represent the manufacturer in 42 counties spanning western and southern Georgia. The dealer will sell and service CASE equipment out of its Tifton, Smithville and Pinehurst locations, serving the landscaping, general construction, forestry and agricultural markets.

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Sep 5, 2019 - 6 years ago
ASV Stockholders Approve Acquisition By Yanmar

ASV VT-70

ASV Holdings, Inc. (“ASV” or the “Company”) (NASDAQ: ASV), a leading provider of rubber-tracked compact track loaders and wheeled skid steer loaders in the compact construction equipment market, announced that at a special meeting of stockholders held earlier today, ASV’s stockholders voted to adopt the merger agreement pursuant to which ASV will be acquired by Yanmar America Corporation in an all-cash transaction, which was first announced on June 27, 2019.

7,998,119 shares were voted in favor of the proposal to adopt the merger agreement, representing approximately 80.7% of the outstanding shares of ASV’s common stock entitled to vote at the special meeting and approximately 99.9% of the shares voted at the special meeting. ASV will file the final voting results with the Securities and Exchange Commission on a Current Report on Form 8-K.

Under the terms of the merger agreement, each share of ASV common stock will be converted into the right to receive $7.05 in cash, without interest. The transaction is expected to close on September 11, 2019, subject to customary closing conditions. Upon the closing of the transaction, ASV common stock will be de-listed from the Nasdaq Capital Market.

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Sep 4, 2019 - 6 years ago
Pintsch Bubenzer Brakes for Giant Semi-Submersible Crane Vessel

Pintsch Bubenzer installed Twin Safe TS800 brakes on the
main and auxiliary hoisting drive systems on the SSCV.

Sleipnir at a glance:

Boom length: 144m (from heel point to whip hoist).

Main hoist capacity—revolving: 10,000 mT between 27-48 m radius; 7,000 mT at 62m radius; and 4,000 mT at 82m radius.

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Sep 4, 2019 - 6 years ago