MANUFACTURERS – JANUARY 2021

Kentucky-based Charah Solutions Inc. has sold Allied Power Holdings LLC, a subsidiary engaged in maintenance, modification and repair services to the nuclear and fossil power generation industry, to an affiliate of Bernhard Capital Partners Management, the company’s majority shareholder, in a $40 million cash deal.

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Utility loader line

Manufacturer has expanded its L-Series Wheel Loader lineup with four new utility models. The 444L, 644L, 644L Hybrid and 724L have improvements over prior models to boost performance and productivity, including a redesigned Z-Bar loader linkage; updated, ergonomically designed cab; electrohydraulic controls; and, a more robust heating, ventilation and air conditioning system.

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Deere deep in paving equipment with Wirtgen deal

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Deere & Co. will significantly expand its construction equipment market stake with a $5.2 billion acquisition of Germany’s Wirtgen Group, projected to close later this year. Wirtgen encompasses namesake concrete paving equipment plus five other brands of milling, processing, mixing, paving, compaction and rehabilitation machines and tools deployed throughout road work and aggregates production: Vögele, Hamm, Kleemann, Benninghoven and Ciber.

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Wirtgen deal brings Deere into the thick of paving equipment market

Sources: Deere & Co., Moline, Ill.; CP staff

John Deere will significantly expand its construction equipment market stake with a $5.2 billion acquisition of Germany’s Wirtgen Group, projected to close later this year. Wirtgen encompasses namesake concrete paving equipment plus five other brands of milling, processing, mixing, paving, compaction and rehabilitation machines and tools deployed across road construction: Vögele, Hamm, Kleemann, Benninghoven and Ciber.

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