Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (34520)	5/6/2008 3:19:21 PM
From: elmatador	Respond to of 217588

Call me Paul Junior LOL!

To: Paul Senior who wrote (34520)	5/7/2008 6:43:48 AM
From: elmatador	Respond to of 217588

See an anomaly: Daimler to acquire 22.3% stake in engine maker Tognum which they sold 2005? What changed in the last 3 years? Look closely: The engines are used in agricultural machinery and in vehicles such as cranes, snowplows and marine products. Look that Brazilian vehicle exports grew 13.1% from January to March this year and reached revenues of US$ 3.24 billion. ...But "a large part of this international demand was for agricultural machinery and implements" Czech Republic (Eastern Europe are competitive in heavy machinery) Farm machinery exports up 20% in 2007 That means the Germans are gearing up to cash in on the heavy machinery boom. With all that we can concluded that cheaper USD will be very good for John Deere, Caterpillar... The Spring 2008 State of U.S. Manufacturing news.thomasnet.com Daimler to acquire 22.3 percent stake in engine maker Tognum The Associated PressPublished: April 30, 2008 E-Mail Article FRANKFURT, Germany: Daimler AG said Wednesday it will acquire a 22.3 percent stake in Tognum AG, a maker of diesel engines that it sold off in 2005. The Stuttgart-based auto and truck maker said it planned to pay approximately €585 million (US$909.09 million) for the stake to Swedish private equity firm EQT, making Daimler the company's biggest shareholder. Its supervisory board already has signed off on the plan. "Thanks to the optimized shareholder structure and the initial public offering in 2007, Tognum has become a globally leading producer of off-highway engines with above-average operating margins," Daimler said in a statement. The two companies have worked in tandem since the original sale, with Daimler-produced diesel engines supplied to Tognum. The engines are used in agricultural machinery and in vehicles such as cranes, snowplows and marine products. Shares of Daimler were down more than half a percent to €49.92 (US$77.58), while Tognum shares jumped nearly 4 percent to €18.55 (US$28.83).