Manufacturer News

NAEDA Appoints New President & CEO

The North American Equipment Dealers Association (NAEDA) named Richard E. Rick? Lawhun, president and chief executive officer effective January 1, 2014. Prior to joining NAEDA, he served as president and CEO of the American Concrete Pressure Pipe Association (ACPPA) in Fairfax, VA.
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Case IH Quadtrac Awarded 'Machine of the Year 2014'

The winner has been found: The Case IH Quadtrac 620 is 'Machine of the Year 2014' in the XXL tractor category. On the third evening of this year's Agritechnica exhibition in Hannover, the industry accolade 'Machine of the Year 2014' was awarded to Case IH in the presence of well over 600 participating guests. The highly coveted trophy, which has become an important recognition of achievements in the industry, was awarded because of the innovative concept of the new Case IH Quadtrac series.


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Bandit Industries Enters into Letter of Intent to be Acquired by Alamo Group Inc.

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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