Skip to main content

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.”

For more information on companies in this article

Related Content

  • Construction equipment launched at Bauma China
    February 15, 2012
    The 2010 bauma China event did, as expected, break all previous records, with companies launching more new equipment than ever. Patrick Smith reports. The queues at the entrances on the first day of bauma China 2010 indicated what the rest of the week had in store. As thousands of visitors poured through the gates each day to view the latest in construction equipment at the expanded Shanghai New International Expo Centre, the organisers knew they were looking at another successful event.
  • Thomas Concrete Group acquires more plants in USA
    May 14, 2015
    The Swedish Thomas Concrete Group has acquired assets of Coastal Concrete, a US company which operates ten concrete plants in Georgia and South Carolina. As a result, the group is strengthening its position in the concrete market across a large region on the US east coast between Atlanta and Raleigh. Coastal Concrete is one of the leading producers of ready-mixed concrete in several major cities along the Atlantic coast of Georgia and South Carolina, and the acquisition will reinforce the group's “already
  • LiuGong develops new operating strategy to meet challenges
    August 20, 2015
    Chinese manufacturer LiuGong has adjusted its strategy to meet the changes in the construction machinery industry Slow recovery from the global economic recession has impacted on the construction machinery industry. Intense regional, political and economic situations, low demand for resources, a decrease in emerging economies and conservative investment have led to a sharp decrease in demand for heavy machinery. LiuGong is tackling this using its refined initiative programme, however, and the firm sa
  • Engcon sets its sights on growing the US market at Conexpo 2014
    January 6, 2017
    Sweden’s engcon, one of the world's leading tiltrotator manufacturers, is now increasing its efforts in the North American construction market.