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Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.

Volvo Construction Equipment president Pat Olney has unveiled the low-emissions technology used in the company’s forthcoming Stage IV/Tier 4 Final-compliant machines. He also detailed the progress of investments in Europe and other international markets and announced the extensive development pipeline that will see a radically updated product range launched over the next two years.

CNH is aiming to build new production facilities in India and Brazil for its New Holland Construction and Case Construction Equipment brands. Mario Gasparri, head of the CNH Construction Equipment business for Europe, Africa and the Middle East, said the ambitious moves were based on how CNH sees the evolution of the construction equipment market.

bauma has announced the shortlist for its Innovation Awards 2013, which will be presented at the show in mid April. Speaking at the event’s giant media dialog in Munich at the end of January 29, Johann Sailer, President of the VDMA Construction Machinery and Building Materials Machinery Association revealed that the organisers had received 156 entries across the scheme’s five main categories.

U.S. telematics giant Trimble has acquired a suite of software solutions from Penmap.com of Bradford, England. Penmap.com’s solutions include both office and field data collection software specifically designed for the cadastral and surveying markets. The acquisition enables Trimble to further cater for local application requirements and customer needs by providing complete customised surveying software solutions for the cadastral market.

Volvo Construction Equipment (Volvo CE) has divested its wholly-owned dealership in south-east Germany, Volvo Baumaschinen Bayern (VBB), to neighbouring distribution partner Robert Aebi. The deal, for an undisclosed sum, includes the transfer of the company including all assets, employees and sales territory. The distribution in the south of the country, with Robert Aebi, now consists of a well-financed, independent and strategically aligned partner and this latest move strengthens Volvo CE’s competitive po

Moriaki Kadoya, president and chief executive of Hitachi Construction Machinery Europe (HCME), says Hitachi Construction Machinery needs to place “greater emphasis” on establishing local production facilities as it bids to strengthen its market position. A subsidiary of the Hitachi Group, Hitachi Construction Machinery currently has 33 production sites worldwide – with 16, including its flagship production site near Tokyo, in Japan.

Anybody who knows bauma, will also know how busy it can get on the way to and from the show, both on the roads and on public transportation. So, to make travel as easy as possible for the exhibitors and visitors to this, the world´s biggest trade show, Messe München has developed a new traffic concept, featuring remote parking areas. From the airport to bauma The airport shuttle is a non-stop bus service taking participants straight from the international airport at Munich (stopping at Terminal 1 and Termin

Rapid International is officially uneviling its new look corporate branding at bauma. An important step forward, the company says the new logo refines and modernises the existing logo mark, and reflects both the history and the future of the company at a symbolic time for the organisation, as it welcomes the arrival of the next generation. John Pickering, son of Rapid's late founding partner Mr Bertie Pickering, joined the company recently as export sales manager.