Mike Riley named new business development manager at Oxford Plastics
Mike Riley, based in Richmond, Virginia, was named Oxford Plastics’ new business development manager.
He will concentrate on U.S. operations as he spearheads efforts to grow the company’s presence in the northeast. Riley brings over 16 years’ industry experience and has a background in logistics sales and collaboration with leading construction companies. In addition to developing key markets, Riley will focus on reducing lead times for product approvals, and establishing strong partnerships with major utilities and regional safety directors within the Department of Transportation.
Komatsu announces plans to acquire American Battery Solutions
Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, a battery manufacturer headquartered in Detroit. The acquisition of ABS will enable Komatsu to develop and produce its own battery-operated construction and mining equipment, through the integration of ABS’ battery technology with Komatsu’s knowledge and network.
Yanmar lands naming rights deal in Minnesota
Yanmar Compact Equipment North America, encompassing the Yanmar Compact Equipment and ASV brands, has entered into a partnership with the city of Grand Rapids, Minnesota, to secure naming rights of the former IRA Civic Center. Starting Nov. 1, 2023, the facility was renamed Yanmar Arena. With over 200,000 visitors per year, the newly christened Yanmar Arena is a popular venue for ice hockey, figure skating and community events held throughout the year.
