Industry News

Mahindra USA Announces New Products at National Dealer Meeting

Mahindra USA, the number one selling tractor brand in the world based on volume, introduced eight new Tier IV compliant tractors to an enthusiastic welcome from the more than 1,000 attendees at its National Dealer Meeting. Here are the new Mahindra tractors to be available in January 2014 (the Max 24 will be available in December 2013).
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B3C Fuel Solutions LLC Expands Manufacturing and Distribution Operation in Conway, S.C.

This week, B3C Fuel Solutions announced the expansion of its Conway, S.C. based business. This expansion will create 36 jobs at the company's current facility and include a capital investment of $305,000 over a three-year period. B3C Fuel Solutions manufactures and distributes environmentally friendly products to solve bio­-fuel related problems. Their products are distributed internationally to over 25,000 retailers, including The Home Depot, Tractor Supply, Wal-Mart and their nationwide network of Dealers and Distributors.
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International Consumer Electronics Show Recognizes Innovation of Fully-Electric Zero-Turn Mower

Cub Cadet, the leader in outdoor power equipment, is excited to announce that the International Consumer Electronics Show has named the RZT ZERO, the world's first fully-electric zero-turn riding mower with steering wheel control and four-wheel steering technology, as an Innovations Design and Engineering Awards Honoree in the Eco Design & Sustainable Technologies category. This is the second award of global prestige for the ZERO in 2013. It also received the coveted Breakthrough Award from Hearst Media's Popular Mechanics in October.
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Bandit Industries Enters into Letter of Intent to be Acquired by Alamo

Bandit Industries announced that it has entered into a letter of intent with Alamo Group Inc. (NYSE:ALG) pursuant to which Alamo Group would acquire Bandit Industries. The acquisition contemplated by the letter of intent has received regulatory approval under the Hart Scott Rodino Act. Consummation of the acquisition is subject to certain other pre-closing requirements. The acquisition of Bandit by Alamo would allow Bandit Industries to better capitalize on the rapid growth the company has experienced in the last three years while also preserving the Bandit legacy built over the last 30 years.
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