Category: Material Handling

FLIR Systems grabs Endeavor Robotics from Arlington Capital for $385M

FLIR Systems, Inc. has recently announced that the company has entered into a definitive agreement for acquiring Endeavor Robotic Holdings, Inc., a developer of unmanned ground vehicles (UGVs), for $385 million in cash from Arlington Capital Partners. FLIR Systems’ President and CEO, Jim Cannon, mentioned …

Doosan Infracore & Neimenggu MengXin ink new 36 excavator supply deal

 The massive contract comes after MengXin tested Doosan’s products and found their performance to be outstanding yet efficient in terms of fuel consumption.  Doosan’s profit margins have witnessed an upward trend in recent times owing to the company’s improving product sales in China. Doosan Infracore …

Hyundai adds Butler Equipment to expand its Northeast network

The move will expand Hyundai Construction Equipment Americas network to 70 dealerships in over 150 locations. Georgia-based construction equipment manufacturer, Hyundai Construction Equipment Americas, Inc. has recently announced addition of outdoor power product supplier, Butler Equipment LLC to its North American authorized dealer network. Sources close …