/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Feb. 24, 2023 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) announced today it has rescheduled the reporting date for its Q4 2022 results and intends to release its financial results for the quarter ended December 31, 2022 after the close… [Read More]
Forging the Future of Compact Equipment, Bobcat Company Showcases the Latest in Electrification, Autonomous Operation and Technology at CONEXPO-CON/AGG 2023
Two new innovation concept machines to be unveiled during news conference on March 14 at 4 p.m. PT in booth W41544 in the West Hall
WEST FARGO, N.D.–(BUSINESS WIRE)–Bobcat Company, a global compact equipment, innovation and worksite solutions brand, is gearing up to showcase its latest and most exciting lineup of products and innovations at CONEXPO-CON/AGG 2023. The Bobcat exhibit is a testament to the ingenuity of the company that built the world’s first skid-steer loader nearly 65 years ago.
Electrification, autonomous operation and digital technologies will be on display as the company shares new ways these advancements are making compact equipment operations easier and more productive than ever before.
EXCELLENCE IN ELECTRIC OPERATIONS
Bobcat will showcase its next-level electric innovations and will unveil two new concept machines with electric functionality.
In-Booth:
Visit Bobcat at booth W41544 in the West Hall to see its expansive, electric product line-up, from the all-electric T7X compact track loader to battery-electric excavators, including the E10e, E19e and E32e. This is the first North American trade show where these products will be exhibited following the T7X’s initial introduction at CES 2022.
The company has continued to innovate in electric and will unveil two new electric concept machines during the show on Tuesday, March 14, at 4 p.m. PT in its booth (W41544 in the West Hall). Show attendees are welcome to attend this unveiling and press conference.
Education Session:
Bobcat Vice President of Global Innovation Joel Honeyman and Director of Innovation Accelerated Matt Sagaser are taking center stage during CONEXPO-CON/AGG 2023’s Education Sessions for their presentation, “Electrifying the Future: Get Plugged In.”
The presentation, to be held on Tuesday, March 14 at 1 p.m. PT in the West Hall 216-218, will examine common myths surrounding electric operation and the benefits – from sustainability attributes to performance enhancements to technological advancements. Tickets to the education session can be purchased through CONEXPO-CON/AGG’s website.
BIGGER, BOLDER INNOVATIONS AND DIGITAL TECHNOLOGIES
With innovations in electrification, autonomous operation and digital technology, Bobcat continues to offer customers more choices, improved performance and advanced technology to work smarter and accomplish more.
At CONEXPO-CON/AGG 2023, Bobcat will exhibit a number of its innovative digital features and technologies—some in concept form and others that are currently commercially available.
Collision Warning and Avoidance System
New in concept form is a collision warning and avoidance system designed to assist operators’ jobsite awareness. Compatible on select Bobcat compact track loaders and skid-steer loaders, the technology tracks an object’s position, direction and speed relative to the machine. Using either the active or passive setting, the operator can receive an audible alert or enable the machine to stop automatically upon detecting an object in its path. While still in product development, the solution is expected to be available to customers in 2024.
Excavator featuring Bobcat Intelligent Control System
Bobcat is showcasing one of its latest technology concepts: Bobcat Intelligent Control System. Featured on an E60 excavator, the new intelligent controls enhance machine control and operation. With greater customization of work modes, operators can increase their performance and efficiency while grading, trenching, slewing and performing other precise operations. The new Drive by Joystick mode allows operators to use the joysticks to travel, similar to Selectable Joystick Controls on a Bobcat loader. Bobcat Intelligent Control System on compact excavators will continue to drive future innovations, like advanced depth check features, remote operation via Bobcat MaxControl and autonomous functionality.
New Solutions for Advanced Display Technology
Bobcat is displaying the future of its advanced display technology with its transparent, touch display. The concept heads-up display, which operators can see through to also view the jobsite, can be positioned on the front windshield or a cab side window on a range of Bobcat machines, including compact excavators, telehandlers and loaders. The display enhances operator productivity and efficiency to the task at hand.
Bobcat MaxControl Remote Operation
With Bobcat MaxControl, operators can control their loader using an app on an iOS smartphone or tablet, thus allowing for operation outside of the cab.
Initially introduced in 2021, new to this innovative offering is a control device that operators can attach to their smartphone for easier remote operations. The remote control has a tactical joystick and button operations like a videogame controller. By moving the operating controls off the phone screen, operators can use the screen for enhanced control views.
Machine IQ Wireless Communications
Bobcat Machine IQ wireless communications is a simple, yet powerful tool that empowers operators of select Bobcat machines to access current and historical machine data from virtually anywhere and at any time. Bobcat machine owners and operators use Machine IQ to monitor the health of their machines and to remotely track information that enhances maintenance, security and performance. Machine IQ empowers owners and operators of select Bobcat machines to get the most out of their compact equipment while protecting their investment at the same time.
This subscription-based service includes advanced fleet management features to monitor and analyze fuel usage, operating hours, maintenance intervals and other critical information of every connected machine in a large fleet. Machine IQ telematics devices are installed on select Bobcat machines before they leave the factory. Bobcat also offers an aftermarket kit that is compatible with most Bobcat machines to make them Machine IQ ready.
Introduced by Bobcat in 2020, Features on Demand gives customers the flexibility to enable additional features on specific R-Series compact loader models as their needs change. Features on Demand includes automatic ride control, high-flow hydraulics, dual bucket positioning, 2-Speed travel, reversing fan and more. New to Features on Demand is auto throttle, which automatically applies engine rpm to perform tasks more efficiently, while conserving fuel.
Media Resources: Photo assets are available for download at this Dropbox link.
MEDIA NOTE: Bobcat Company is hosting a press conference at 4 p.m. PT on Tuesday, March 14 in its booth W41544 in the West Hall. Company leaders, including Scott Park, Doosan Bobcat CEO and vice chairman; Mike Ballweber, Doosan Bobcat North America president; and Joel Honeyman, Bobcat Company vice president of global innovation, will share company and brand updates before unveiling two new concept machines. We kindly request your RSVP if you will be in attendance. Please respond to na.newsroom@doosan.com by March 7, 2023.
About Bobcat Company
Since 1958, Bobcat Company has been empowering people to accomplish more. As a leading global manufacturer of compact equipment, Bobcat has a proud legacy of innovation and a reputation based on delivering smart solutions to customers’ toughest challenges. Backed by the support of a worldwide network of independent dealers and distributors, Bobcat offers an extensive line of compact equipment, including loaders, excavators, compact tractors, utility products, telehandlers, mowers, attachments, implements, parts, and services. Headquartered in West Fargo, North Dakota, Bobcat continues to lead the industry, all while helping people succeed and build stronger communities and a better tomorrow.
©2023 Bobcat Company. All rights reserved.
Contacts
Nadine Erckenbrack, Bobcat Public Relations Manager
Email: na.newsroom@doosan.com
Mobile: 701-205-9207
MCAN FINANCIAL GROUP ANNOUNCES 2022 RESULTS AND DECLARES $0.36 REGULAR CASH DIVIDEND
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Anaergia Sells Tønder Denmark Biomethane Plant to Copenhagen Infrastructure Partners
BURLINGTON, Ontario–(BUSINESS WIRE)–Anaergia Inc. (“Anaergia” or the “Company”) (TSX:ANRG) today announced it has sold its Envo Biogas plant in Tønder, Denmark to Copenhagen Infrastructure Partners’ (CIP) Advanced Bioenergy Fund I, which is developing biogas projects in Europe and North America. While the financial terms of the transaction were not disclosed, Anaergia expects to recognize a positive impact on the completion of the transaction. Anaergia plans to deploy capital from the sale towards facilitating additional growth, mainly in Italy and Germany.
Anaergia acquired and began construction on the Tønder project in late 2021 and injected the facility’s first biomethane into Danish pipelines in November 2022, which allowed the facility to qualify for a 20-year Danish Energy Agency biogas subsidy program.
When fully operational, the Tønder facility is expected to become one of Europe’s largest biogas plants, processing up to 900,000 tons of organic waste to produce up to 1.4 million MMBtu (40 million Nm3) of renewable natural gas annually. In addition, the Tønder plant will produce biogenic carbon dioxide that will be used by European Energy to produce green e-methanol to fuel container ships.
“Having advanced the Envo Biogas Tønder project and adding substantial value, the timing is now right for Anaergia to divest of this facility and use the proceeds to advance other new and existing projects in Europe,” said Andrew Benedek, Chairman and CEO of Anaergia. “We look forward to helping Copenhagen Infrastructure Partners complete construction on this project and collaborating with them in the future.”
“We are very pleased to have made our first investment into a large-scale and modern biogas project in Denmark, creating not just green energy, but also jobs and investments in the local community,” said Thomas Dalsgaard, partner with CIP. “We look forward to working with local stakeholders and farmers and to continue the construction of the plant that once in full operations will make a significant contribution to the green transition in the municipality of Tønder and in Denmark.”
About Anaergia
Anaergia was created to eliminate a major source of greenhouse gases by cost effectively turning organic waste into renewable natural gas (RNG), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.
Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events, including statements relating to the ability of our technologies and projects to address about two-thirds of all point source methane emissions and our business plans, growth strategies and ESG initiatives. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s annual information form dated March 28, 2022, for the fiscal year ended December 31, 2021. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.
For further information please see: www.anaergia.com
Contacts
For media relations: Melissa Bailey, Director, Marketing & Corporate Communications, Melissa.Bailey@Anaergia.com
For investor relations: IR@Anaergia.com
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