FAE revamping its operations

FAE is revamping its operations.
By MJ Woof September 21, 2020 Read time: 1 min
FAE Group in Italy is now revamping its operations to boost its profile
Italian firm FAE Group is revamping its operations, including introducing a new logo and corporate image. The firm now has subsidiaries in the USA, Canada, France, Germany, Russia and Australia and four manufacturing facilities in Northern Italy. Revenues, which have increased over the years, will exceed €90 million in 2020.

The firm has undertaken a corporate restructuring process in recent months. Its PrimeTech brand of multi-purpose tracked vehicles for forestry and road maintenance will now be produced under the FAE name. These products will join the FAE Construction line. “We have decided to join forces to create economies of scale that enable us to be more competitive in the market,” said Diego Scanzoni, chairman of the FAE Group.

"We are also revamping our website and our social media channels," adds Davide Baratta, sales director of FAE Group, "and we are strengthening the marketing department in order to communicate even more effectively in all markets.”
Finance & Funding

For more information on companies in this article

Related Content

  • XCMG sets out six stage path for future plans
    October 14, 2013
    XCMG has seen strong exports, with one deal in particular providing a major boost to turnover - Mike Woof writes It is rare that a single machine order can provide a substantial portion of a large manufacturer’s annual results. However the firm’s massive contract signed with the Venezuelan Government was a major boost to XCMG; the supply of no less than 6025 machines in a deal worth some US$750 million. This order came at an important time for the company when the world demand for construction equipment sl
    Read More
  • Hyundai invests in customer support for Europe
    December 4, 2024
    Hyundai is investing in customer support in Europe.
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • Strong results for Cummins in Q3
    November 5, 2021
    Cummins is benefiting from strong results in Q3.
    Read More

Highlighted Content