News Story
1 minute read

Doosan completes Bobcat acquisition

Thursday, 6 December 2007 ( #339 ) - SEOUL, South Korea; WEST FARGO, ND and CHARLOTTE, NC, United States
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 (Forkliftaction.com 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. Forkliftaction.com News previously reported Doosan Group will establish a new company, Doosan Techno Holding Company, to own and control Bobcat's intellectual property rights (Forkliftaction.com News #336).
Mobicon Systems' guide for purchasing your container handling equipment.
Meijer started in 1921 as a one-man business and is still in full swing.

Upcoming Events

June 10, 2021 - Istanbul, Turkey
September 13 - 17, 2021 - Virtual Event, United Kingdom
3-6 May 2022 - Fieramilano - RHO, Italy

Fact of the week

There are over 3000 varieties of potatoes in Peru: from wild potatoes and sweet potatoes (camote) to white potatoes (papa blanca) and purple potatoes (papa purpura). Peruvians have potatoes with every meal.
'The Knotted Gun' in Malmö, Sweden
This poignant sculpture of a gnarled weapon is a symbol of non-violence.

Upcoming Events

June 10, 2021 - Istanbul, Turkey
September 13 - 17, 2021 - Virtual Event, United Kingdom
3-6 May 2022 - Fieramilano - RHO, Italy
Cascade's latest solutions cover applications from warehousing and logistics to food & beverage, recycling, and more. Get the latest technology for your materials handling with these options and attachments.
Industries with high hygiene requirements rely on non-marking tires to avoid tire marks or black dust. Camso's non-marking compound uses natural rubber with 0.1% of...

Fact of the week

There are over 3000 varieties of potatoes in Peru: from wild potatoes and sweet potatoes (camote) to white potatoes (papa blanca) and purple potatoes (papa purpura). Peruvians have potatoes with every meal.
'The Knotted Gun' in Malmö, Sweden
This poignant sculpture of a gnarled weapon is a symbol of non-violence.
With every product you promote on Forkliftaction you get: A FREE VIRTUAL EXPO SHOWCASE for 6 weeks of BONUS visibility! That's 1 x free Virtual Expo Showcase...
The LET-a CeMAT ASIA event, the biggest intelligent logistics equipment and technology trade fair in South China, will be held at the China Import and Export Fair Complex, Guangzhou, China.

Upcoming Events

June 10, 2021 - Istanbul, Turkey
September 13 - 17, 2021 - Virtual Event, United Kingdom
3-6 May 2022 - Fieramilano - RHO, Italy

Fact of the week

There are over 3000 varieties of potatoes in Peru: from wild potatoes and sweet potatoes (camote) to white potatoes (papa blanca) and purple potatoes (papa purpura). Peruvians have potatoes with every meal.
'The Knotted Gun' in Malmö, Sweden
This poignant sculpture of a gnarled weapon is a symbol of non-violence.