Kobelco and Manitowoc to end OEM supply agreement in November 2018

Kobelco Construction Machinery and The Manitowoc Company will end their OEM supply agreement in November 2018, under which Kobelco supplied Manitowoc with crawler cranes and Manitowoc supplied Kobelco with all-terrain cranes. Both will continue service parts support for 10 years.

“Looking ahead at future market conditions, the companies have mutually decided to operate their businesses on their own.”cranesandlifting.com.au

• 1 source
• cranesandlifting.com.auKobelco and Manitowoc end supply agreement - Cranes & LiftingDanny D'Cruze, William ArnottJul 1, 2018

Summarized from public sources; check the original articles before acting on it.