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NEWS : Full Story
Newsletter #407 (View other news stories)

Briefs


Wednesday, 22 Apr 2009
JCB has officially opened the world’s largest backhoe loader plant in India.
JCB welcomes Prince, opens world’s biggest plant
Rocester, United Kingdom

Prince William will visit JCB’s world headquarters in Rocester this Friday to mark a milestone in the company’s history – the production of its 750,000th machine.
The visit will be the Prince’s first to JCB, which will see him touring the factory and offices, and meeting employees at a special ceremony marking the company’s milestone.
Separately, JCB chairman Sir Anthony Bamford has officially opened the world’s largest backhoe loader plant.
The USD60 million factory in Faridabad, India was extended to double its capacity, allowing it to produce 100 backhoe loaders a day.

Rocla applies to delist shares
Helsinki, Finland

Mitsubishi Caterpillar Forklift Europe BV (MCFE) has initiated proceedings following Chapter 18 of the Finnish Companies Act to acquire all the shares in Rocla Oyj.
Meanwhile, Rocla’s board of directors has resolved to apply for the termination of trading in Rocla shares and for the delisting of the shares from NASDAQ OMX Helsinki Oy’s official list.
MCFE currently has 99.3% of all shares in Rocla except for the treasury shares held by Rocla.
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