Page 30 - CO_July_2022
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EQUIPMENT  TICKER TAPE                               combination of raw material and component shortages, supply

                                                               chain delays, and worker shortages. Prices rose at an increased
                                                               rate – one of the highest in a decade – as a result. Although these
                                                               supply constraints showed some signs of easing, they will likely be
                                                               exacerbated again by the Ukraine war, as will the upward pressure
                                                               on prices. A key variable in the performance of loader crane
                                                               producers is components and raw material costs; profitability in
                                                               2022 will depend precisely on the speed at which any increase
                                                               can be passed through to customers. Increasing customer
                 FUTURE CHALLENGES FOR LOADER CRANE            expectations, capacity constraints, and the covid pandemic
                            MANUFACTURERS                      have created the perfect storm of challenges – both positive and
           2021 provided a 90-year record in the loader crane industry.   negative. Simultaneously, supply chain management has moved
           Despite the covid crisis, all manufacturers reported record order   from the back office to the board room as more and more dealers
           intake and sales revenue. John Henry Bowman reports.  and customers experience heavily extended lead times, price
           Higher  than  expected  global  demand  has  put  pressure  on   increases, and unknown delivery dates, which contributed to the
           manufacturers to deliver on 2021 orders. Global component   record order intake for all loader crane manufacturers in 2021.
           shortages, supply chain challenges, and the cost of raw materials   Worldwide commercial vehicle production is suffering from a
           threaten the industry, and have created worldwide shortages and   shortage of microchips, which has extended delivery times for
           extended lead times for commercial vehicles.        new trucks to 8 to 10 months in many countries.
           New reports of first quarter profit warnings are making their way into   2022 will see Atlas celebrate its 103rd birthday. Although also
           the market and the Russia-Ukraine war is destabilising vital areas.   faced with component shortages, today the range consists of 90
           The overall expansion rate continues to be constrained.  loader cranes. The range is slim and safe and has a reputation
           All manufacturers faced the same challenges, limited by a   for durability and reliability.

                                                               and single clutch gear shifting for efficiency, durability and smooth
                                                               gear changes. Caterpillar’s Z-bar loader linkage with cast cross
                                                               member and tilt-lever provides both strong digging capabilities
                                                               and high breakout forces when the new loader is equipped with
                                                               Cat Performance Series buckets, says the company.
                                                               The load-sensing implemented hydraulic system continuously
                                                               controls flow and pressure to match the requirements of the
                                                               operating situation — reducing both the load on the pump and
                                                               overall fuel burn. The performance series buckets are available
                                                               for a range of applications including general purpose, flat floor,
                                                               heavy-duty rock and light material. Design features enable
                  CAT RELEASES 966 GC WHEELED LOADER           operators of all experience levels to routinely attain 10% higher
           Cat has released the new Cat 966 GC Wheeled Loader which   bucket-fill factors, compared with legacy designs, to improve
           features a Cat C9.3B engine that is reported to meet US EPA Tier   production and reduce fuel consumption.
           4 Final, EU Stage V, Korea Tier 4 Final, China Nonroad Stage IV   Cat says the new 966 GC loader features a simple yet intuitive
           and Japan 2014 emission standards with a gross power rating of   ergonomic control system with an operator interface display that
           239 kW (321 hp). The company says that the new wheeled loader   includes six analogue-like gauges, colour indicator lights, and
           will feature a four-speed forward/reverse electronically controlled,   an LCD screen, that will allow operators to quickly monitor the
           automatic planetary powershift transmission with shift protection   machine systems.

              KUBOTA INCREASES STAKE IN ESCORTS TO 44.80%;     Nikhil Nanda is still the Chairman and Managing Director of the
                    ESCORTS IS NOW ESCORTS KUBOTA              company.
           Escorts Limited has received the requisite approvals for change   Nikhil Nanda, CMD, Escorts Kubota Limited, commented on
           in the name of the company from “Escorts Limited” to “Escorts        the partnership, “Our partnership with
           Kubota Limited” with effect from June 9, 2022.                       Kubota in Escorts Kubota Limited has been
           Escorts and Kubota Corporation has decided to further strengthen     welcomed by all our stakeholders  and
           their partnership in line with their vision of global leadership in farm   investors. Consequently, the process was
           mechanization and spreading farming prosperity.                      completed smoothly. We are now placed
           Kubota has increased its stake in Escorts to 44.80% by way of        in a position to contribute at significantly
           subscription of new equity shares and through an open offer          higher levels to India and the world’s quest
           to the public shareholders of Escorts. Kubota also became a          for food security, sustainable agriculture,
           joint promoter of the company along with existing promoters.   and smart agriculture.”


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