Morbark, a manufacturer of equipment used in forestry, recycling, tree care, landscaping, sawmill and biomass markets, announced the appointment of Bradley (Brad) Boehler as the successor to current vice president of Alamo Group's Forestry and Tree Care Business Unit and president of Morbark Holdings, Dave Herr, effective Aug.
Stellex Capital Management, a middle market private equity firm, announced that it has entered into an agreement to sell Morbark LLC, a manufacturer of high-performance equipment and after-market parts for the forestry, recycling, tree care, sawmill, land clearing and biomass markets to Alamo Group for $352 million.
Morbark LLC announced that longtime Industrial Sales Representative Larry Burkholder retired after nearly 57 years with the company, effective June 28.
While Burkholder's contributions have been mainly with the sales team, he served in a wide range of roles within Morbark over the course of his career, from accounting to marketing.
Morbark LLC, is proud to recognize seven Tree Care dealers and one Industrial Products dealer with Gold Tier status for 2019, based on their performance during 2018.
Tree Care Products
Alexander Equipment – Northern Illinois
Bobcat of Buffalo – Western New York
Commercial Outdoor Machinery – New Zealand
Morbark LLC announced that it has completed the acquisition of DENIS CIMAF Inc. , based in Roxton Falls, Québec. This transaction represents the company's second acquisition since private equity firm Stellex Capital Management LP acquired Morbark in 2016.
Morbark LLC, a leading manufacturer of forestry, biomass, tree care, sawmill and wood recycling equipment, is now offering the iQ-View Smart Controller on its 3.0L gas engines for the Beever M12R, M12D and M12RX models.
The iQ-View, produced by Industrial Electronic Controls (IEC), is a smart display and controller that presents engine and machine parameters to the operator as well as controls the chipper's auto-feed function.
Morbark LLC, a manufacturer of forestry, biomass, tree care, sawmill and wood recycling equipment, debuted two new machines at this year's Expo Richmond show: the 6400XT wood hog horizontal grinder and the 50/48X whole tree drum chipper.
“Morbark listened closely to our customers when we developed both the 6400XT wood hog and the 50/48X drum chipper,” said Michael Stanton, Morbark director of industrial sales.
Morbark LLC has recognized eight of its top equipment dealers — four in tree care and four in industrial products — with gold tier status for 2018, based on their performance during the previous year. Industrial Products:Columbus Equipment — Ohio, western West Virginia, Kentucky and IndianaJames River Equipment — Virginia, eastern West Virginia and North CarolinaC.
Morbark LLC announced the territory expansion of Fabick Cat to now serve the needs of its industrial equipment customers throughout the entire state of Wisconsin and the Upper Peninsula of Michigan. Fabick Cat also carries the full Morbark equipment line in the southern portions of Missouri and Illinois.
2017 yielded a flurry of activity for some of the biggest names in the construction industry. Mergers, acquisitions and partnership announcements made headlines at a steady pace throughout the year as businesses did their part to strengthen the brands so many rely on to get the job done.
Morbark, LLC (Morbark) announced Nov. 2 it had completed the acquisition of Rayco Manufacturing, Inc. (Rayco) This transaction represents the first addition since affiliates of the private equity firm Stellex Capital Management LP (Stellex) acquired Morbark in 2016.