Posted by john in la on February 14, 2009 at 10:41:45 from (65.6.106.69):
In Reply to: Re: Bobcat Tractor posted by farmall400 on February 14, 2009 at 10:25:14:
Just found the below info on the net. It does explain why Bobcat is now selling Korea junk.
the family controlled Doosan Group bought a controlling stake in the faltering Daewoo Heavy Industries & Machinery from its bankrupt parent, the Daewoo Group, and renamed it Doosan Infracore
With the U.S. housing market on the skids, Ingersoll-Rand is parting ways with its Bobcat construction vehicle division, sending it to the booming Far East. South Korea’s Doosan Infracore will pay $4.9 billion for the maker of compact excavators, as well as other Ingersoll-Rand units
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