Source: www.TurfMagazine.com
CLEVELAND, Ohio – MTD Products, the parent company of Cub Cadet, Troy-Bilt, Columbia, Yard Machines, Remington, Arnold and other brands, has acquired two businesses to give it a bigger share in the outdoor power equipment market.
Last month, MTD acquired CORE Outdoor Power (CORE), a Polson, Montana-based company that powers outdoor lawn care equipment with gasless motor technology that produces higher torque and increased efficiencies than traditional electric motors. Prior to the purchase of CORE, MTD also acquired Precise Path Robotics, an Indianapolis-based company that has brought to market the world’s only commercially available autonomous greens mower, the RG3, designed specifically for golf course putting greens.
MTD has a major manufacturing facility in the Tupelo Lee Industrial Park South in Verona, Ohio.
Click here for the full article.