The president of North Dakota-based Bobcat Co., says he welcomes the financial bailout package passed by Congress earlier this month.
Rich Goldsbury says he believes it will help restore confidence in the marketplace.
Bobcat, a construction equipment maker known for its skid-steer loaders, employs about 4,000 people worldwide, with about 1,300 dealers in 90 countries. It was purchased by South Korea's Doosan Infracore Co. last year.
Goldsbury says the world market turmoil will mean more research to make sure the company is developing products customers want, and it will take support from employees. But he believes Bobcat can weather the economic storm.
Information from: KCND-FM, http://www.prairiepublic.org
Latest from Lawn & Landscape
- Develon unveils -9 Series heavy excavators
- News you might've missed last week
- Lifescape Colorado's Hupf moves to regional role as Ostheimer becomes president
- Your most reliable predictor of success
- LandCare names McCallon, Miller as branch managers
- Takeuchi-US names Paul Wade, Eric Wenzel as dealer development managers
- CASE continues partnership with country artist Jon Pardi
- Greenlee debuts new battery-powered remote pruner
