The transaction is expected to close before the end of fiscal 2017. Northpoint Commercial Finance, which was founded in 2012, has a portfolio of approximately $1.2 billion (Canadian).
The company began its partnership with the National Radio Hall of Fame inductee in early March with commercials featuring Kingsley as a spokesperson for the brand.
Dave Sugden has had product development responsibilities for 27 years, most recently as director of product design and improvement at Scag Power Equipment.
The equipment comes in compaction forces of 1,850 pounds, 2,500 pounds and 3,000 pounds and is designed for any small- to medium-sized outdoor project.
Sam-Man Kim founded the company with his four brothers in 1947, pioneering Korea’s ag equipment industry. Today, the company's products are in 60 global markets. Kioti Tractor is Daedong's export brand.
Kubota committed $100 million for its new facility in Gainsville, Ga., which frees up space at its company’s operations nearby where utility vehicles were produced. That facility will now manufacture mowers.
Yanmar America is the North American headquarters of Yanmar Holdings. Ranked #1 in Product
Quality for five years in a row by the Equipment Dealers Association, Yanmar provides innovative
solutions for Rural Lifestyle and Industrial Equipment customers.
Yanmar was the world’s first manufacturer to develop a practical small diesel engine in 1933 and
has continued to push the boundaries of innovation and technology ever since. As a manufacturer of
diesel engines, compact tractors and utility task vehicles, construction machinery, and industrial
equipment, Yanmar's products are sold in over 130 countries.
At Yanmar America, we are committed to providing our customers with the highest quality products
and services, backed by a strong team of professionals who share our dedication to excellence. We
look forward to the opportunity to work with you in achieving your goals.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.