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KYMCO, Kawasaki Form Joint Venture
Officials with KYMCO and Kawasaki recently announced the signing of a joint venture contract to form a high-performance engine manufacturer, Changzhou Kawasaki and Kwang Yang Engine Co., Ltd.(CK&K), in China’s Changzhou National Hi-Tech District (CZND). The new company is expected to commence production in January 2010. Engines from CK&K will be mainly exported to the North American market and distributed around the world under the Kawasaki and KYMCO brands. Anticipated production volume will reach 890,000 units.
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Yakta Unveils Full Production Line
Yakta, building upon 35 years of manufacturing excellence through its sister company Arrowquip, transfers a customer-focused approach to the zero-turn mower industry and has announced full-scale production of its range of zero-turn mowers. Fresh off the success of last year’s Equip Expo prototype display, Yakta’s production lineup, including the YXR 710, YXR 610 and YXR 410, with the YXR 910 soon to follow, boast industry-shattering durability, from their strong I-beam caster arm construction to their 7-ga. steel decks—strength that sets a new standard in mower resilience.
Rotary Announces New Additions to Sales Team
Rotary Corporation has appointed two new territory sales managers as it expands the sales division to meet the needs of a growing dealer network, according to an announcement by Mark Smith, Chief Sales Officer.
Lightspeed DMS Appoints Brian Provost CEO
Lightspeed DMS LLC, a recreational dealer management software provider, has announced that Brian Provost has been appointed chief executive officer, succeeding Kris Denos. Lightspeed offers a comprehensive, modern dealer management software platform and suite of solutions used by 3,800 North American locations. Lightspeed is a subsidiary of Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Partners owns and operates businesses like Lightspeed that provide essential products and services and which benefit from a strong competitive position.
