Doosan completes Bobcat acquisition

News Story
- 6 Dec 2007 ( #339 ) - SEOUL, South Korea; WEST FARGO, ND and CHARLOTTE, NC, United States
1 min read
A Bobcat skid steer loader.
A Bobcat skid steer loader.
Doosan Infracore will reach more customers with a broader product portfolio now that its USD4.9 billion acquisition of Ingersoll Rand Company's Bobcat, utility equipment and attachments businesses is finalised.

With the addition of Ingersoll Rand's operations in China, Belgium, France and the Czech Republic, Doosan Infracore will have a combined distribution and manufacturing network exceeding 3,500 dealers and consisting of 20 manufacturing plants worldwide ( News #321).

Doosan Infracore vice chairman Yongmaan Park says the company is now "extremely well-positioned" to become a "true global leader" in the construction equipment sector.

"These three businesses each have superior operations with high-quality products that will enhance Doosan's overall product portfolio by adding compact construction equipment to our existing medium and large-scale construction equipment product lines."

Doosan Infracore expects to be one of the world's top 10 manufacturers of construction and utility equipment and associated attachments in terms of pro forma sales, which will be about USD7.5 billion annually.

Bobcat and Ingersoll Rand's utility equipment and attachments businesses will operate as individual businesses of Doosan Infracore's US subsidiary, Doosan Infracore International.

Bobcat, which makes telehandlers, loaders, excavators, utility products, light construction equipment and attachments, will still be known as Bobcat. Ingersoll Rand Utility Equipment will be known as Doosan Infracore Portable Power. Ingersoll Rand Attachments will be called DII Attachments. News previously reported Doosan Group will establish a new company, Doosan Techno Holding Company, to own and control Bobcat's intellectual property rights
( News #336).
Gdansk, Poland The Baltic Hub, formerly DCT Gdansk, has commissioned Liebherr Container Cranes to retrofit a hybrid green energy storage solution on one of its Liebherr RTGs. The terminal has 18...
OTTO Motors makes innovative companies list
Meijer produces 100,000th telescopic forks
Delta-Q reaches several milestones
Maxam opens a new distribution centre 

Upcoming Events

March 28-29, 2023 - Birmingham, United Kingdom
June 28 & 29, 2023 - Köln, Germany
July 25-27, 2023 - Sydney, Australia
Delta will be attending both ProMAT and LogiMAT 2023 to showcase its power and automation products and solutions for smart logistics.
OEA KAUP, a leader in material handling attachments, has revolutionized the market with its latest innovation, the Smart Load Control (SLC) system.

Movers & Shakers

Motion2AI, United States
senior director of operations
Tompkins Solutions, United States
Jungheinrich, Germany
Oceaneering International, United States


SMV (Konecranes) SL4ECA
United States Pennsylvania
United States Pennsylvania
United States Pennsylvania

Latest Jobs

Ontario, California, United States
Huntsville, Australia
Lancaster, United States

Inside Forkliftaction

What's in a name? Well, if we can judge from this week's move by Doosan Bobcat to rename its Doosan materials handling lines as Bobcats, there clearly is some benefit in a historied name, especially one that sounds American.
So, while the machines will stay the same, their branding will
...Continue Reading