December 2014

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Industry Beat December 2014 | Construction Equipment Distribution | www.cedmag.com | 19 the sales organization, the existing purchasing department for the truck operation will also be moved from Group Trucks Technology to Group Trucks Operations. Volvo's entire truck operation will be organized in three global organizations Group Trucks Sales, with global responsibility for all marketing and sales of trucks, as well as associated products and services, under the management of Joachim Rosenberg; Group Trucks Operations, with global responsibility for all production, logistics and purchasing related to truck manufacture, under the management of Mikael Bratt; and Group Trucks Technology, with global responsibility for all technology and product devel- opment related to truck manu- facture, under the management of Torbjörn Holmström. The head of Volvo CE and the head of Volvo Financial Services will no longer be members of Group management. The head of Volvo CE will continue to report to the head of Business Areas and the head of Volvo Financial Services will continue to report to the Group's CFO. Corporate Process and IT will be relocated orga- nizationally under the Group's Chief Financial Officer (CFO). LiuGong Dressta Machinery Co., Ltd., was awarded 2014 Top Chinese Investor in Poland. LiuGong spent more than $50 million in acquiring HSW on Jan. 31. 2012, and it acquired Poland ZZN company in October 2013. It has provided 1,800 jobs in Poland and is the largest Chinese enterprise in Poland. Please visit us in CONDEX Booth 200 Industry Educator Alfred V. Morgan Founder and president of Morgan Business Associates, died on Oct. 9, 2014. His firm had provided consulting and training for many years in the light, medium, and heavy equipment industry. Born in Liberal, Kan., Morgan graduated from the University of Kansas, where he obtained a degree in marketing and psychology. While serving in the military he was assigned to a Nike Hercules Missile Site near Fairbanks, Ala. Upon his return to Kansas, he married Peggy Riley and settled in Downey, Calif. Morgan received an MBA from the University of Southern California. He held a variety of positions in manufacturing and banking before joining a consulting and training organiza- tion. He later served as president of Morgan Business Associates (MBA) for over 40 years and was involved in AED as well as other professional and trade associations. Alfred is survived by his beloved wife Peggy A. Morgan; daughter Trudie M. Safreno (Ty); sons Vance R. Morgan, Allen F. Morgan, and Bradley A. Morgan (Michelle). IN MEMORY OF:

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