Business News for July: John Deere, Midwest Mole, Caterpillar, American Augers

July 2009 Vol. 64 No. 7
Griff Morris of FMI

Cater’s experience in the energy sector, most recently as president of Willbros construction US, will be an invaluable asset as Ledcor pursues expansion in the U.S. focusing on strategic projects and markets. Coordinating business development efforts with Brad Sitton, COO of Ledcor Pipeline Inc., and Ledcor’s office in Denver, CO, Cater will leverage the company’s business model and track record in the Canadian market place.

Cater holds both a Bachelor of Science and Master’s degree in Business Administration. 780.395.4016, www.ledcor.com

Topcon Positioning Systems

Topcon Positioning Systems (TPS) has purchased a significant ownership interest of Destura, s.r.l, a software and hardware technology company located in Concordia Sulla Secchia, Modena, Italy. TPS has committed to buying the remaining ownership interest by 2014.

In conjunction with the purchase, TPS will purchase a large tract of land and several industrial buildings to be used as a training facility and field test site for Europe.

Destura designs and manufactures software and hardware electronic and mechanical products for the electronics, automotive, agriculture and telematics industries.

Destura products include data management boards, system diagnostic wireless interfaces, wireless transducers, transmitters/receivers and related systems, vehicle (automobiles and tractors) engine control unit devices and portable mobile navigation system devices, telemetry systems and high-frequency antennas and transducers, among others. 925.245.8300, www.topconpositioning.com

FMI

Griffith R. Morris has joined FMI’s Utilities Market Group as managing director of utility business development. Morris has served for four decades in the utilities, regulatory authorities and industrial companies, both nationally and abroad.

Morris focuses on advising senior executive management, regulators and government officials on matters such as corporate strategy, regulatory policy, financial condition and planning, organizational structure, regulatory compliance and corporate governance and ethics.

Prior to joining FMI, Morris served as senior vice president and a member of the board of directors of Stone & Webster, where he led the firm’s marketing, corporate development, financial services, risk management and operations consulting groups.