General Motors Corp.,
Detroit, and International Truck and Engine
Corp., Warrenville, Ill., entered into a
non-binding memorandum of understanding under which International’s
parent company, Navistar International Corp., would purchase certain assets, intellectual property and
distribution rights for GM’s medium-duty truck business. As proposed,
Navistar would acquire GM’s GMC and Chevrolet brand vehicles in the
Class 4 through 8 gross vehicle weight range as well as related service
Dover Corp., New York
City, combined two of its Dover Engineered Systems companies, Markem Corp., Keene, N.H., and Imaje S.A., Bourg-les-Valence,
France. The combined businesses will be called Markem.Imaje and will provide a comprehensive range of marking and
coding solutions for packaging industry customers around the world.
S.C., purchased the performance films division of DuPont Liquid Packaging Systems, which
includes the Sclairfilm and Dartek operations at its Whitby, Ontario,
Milwood Inc., Girard,
Ohio, opened its Nashville, Tenn., facility for pallet manufacturing,
reconditioning and recycling. The Nashville facility will focus on wood
pallets and third-party logistics warehousing operations.
Peterbilt Motors Co.,
Denton, Texas, was the top conventional medium-duty truck manufacturer in
J.D. Power and Associates 2007 Medium-Duty Truck Customer Satisfaction
Study. This is the second year Peterbilt has been ranked the highest in
customer satisfaction in the category.
Sato America Inc.,
Charlotte, N.C., agreed to acquire TrakIT
Systems Inc., Nashville, Tenn., which provides
end-to-end automatic identification software and integration services for
users of barcode, RFID and warehouse management systems.