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The Bobcat brand can handle a lot of jobs ?EUR??,,????'?????<??????????? like loading and excavating ?EUR??,,????'?????<??????????? but it can?EUR??,,????'?????<????????????EUR??,,??t steer clear of the current construction downturn. So Ingersoll-Rand sold its Bobcat division to South Korean Doosan Infracore for $4.9 billion. Doosan has promised to keep building the loaders and utility equipment at the existing facility in North Dakota. There is no long-term agreement to keep building the equipment in the U.S., however. It?EUR??,,????'?????<????????????EUR??,,??s no coincidence that the announcement comes with the housing slump, which reached a 10-year low in August. Doosan has prospered from the Chinese construction boom, taking a 20 percent share of the excavator market there. With the U.S. market soft, Doosan is in position to channel Bobcat?EUR??,,????'?????<????????????EUR??,,??s excess production capacity to Asia. Forbes said the sale of a company that manufactures equipment used to build new houses might seem a difficult deal, due to the slump, yet in fact it turned out to be a very lucrative sale for Ingersoll. Companies like Bobcat could appeal to foreign investment firms who might want to take advantage of the weak dollar. The dollar reached an all-time low to the Euro in July. Companies like Bobcat also might appeal to private equity firms, which are willing to invest in industries under dire circumstances. In August, a New York-based private-equity firm allocated Chrysler at a huge discount from the price Daimler originally paid for it. With low interest rates, private-equity firms are looking to obtain undervalued assets at good prices. Bidders might also be enticed by recent signs that demand is firming up for homebuilding supplies. Sources: Forbes, Reuters
The Bobcat brand can handle a lot of jobs ?EUR??,,????'?????<??????????? like loading and excavating ?EUR??,,????'?????<??????????? but it can?EUR??,,????'?????<????????????EUR??,,??t steer clear of the current construction downturn. So Ingersoll-Rand sold its Bobcat division to South Korean Doosan Infracore for $4.9 billion.
Doosan has promised to keep building the loaders and utility equipment at the existing facility in North Dakota. There is no long-term agreement to keep building the equipment in the U.S., however.
It?EUR??,,????'?????<????????????EUR??,,??s no coincidence that the announcement comes with the housing slump, which reached a 10-year low in August. Doosan has prospered from the Chinese construction boom, taking a 20 percent share of the excavator market there. With the U.S. market soft, Doosan is in position to channel Bobcat?EUR??,,????'?????<????????????EUR??,,??s excess production capacity to Asia.
Forbes said the sale of a company that manufactures equipment used to build new houses might seem a difficult deal, due to the slump, yet in fact it turned out to be a very lucrative sale for Ingersoll.
Companies like Bobcat could appeal to foreign investment firms who might want to take advantage of the weak dollar. The dollar reached an all-time low to the Euro in July. Companies like Bobcat also might appeal to private equity firms, which are willing to invest in industries under dire circumstances. In August, a New York-based private-equity firm allocated Chrysler at a huge discount from the price Daimler originally paid for it. With low interest rates, private-equity firms are looking to obtain undervalued assets at good prices.
Bidders might also be enticed by recent signs that demand is firming up for homebuilding supplies.
Sources: Forbes, Reuters
Francisco Uviña, University of New Mexico
Hardscape Oasis in Litchfield Park
Ash Nochian, Ph.D. Landscape Architect
November 12th, 2025
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