슬롯토토 Bobcat announced that its vertically integrated subsidiary "Mottrol," which specializes in hydraulic components, is expected to relaunch as "슬롯토토 Mottrol."
▲슬롯토토 Bobcat executives including CEO and Vice Chairman Scott Park (second from the right) toured the hydraulic components manufacturing plant with 슬롯토토 Mottrol President Youngmin Kwon (first from the right).
슬롯토토 Bobcat stated on October 15th that its executives, including CEO and vice chairman Scott Park, visited Mottrol's headquarters in Changwon, Gyeongsangnam-do, South Korea. This marked 슬롯토토 Bobcat management's first official visit since it completed the acquisition process on the 4th.
The executives toured the production plant in Changwon. Scott Park announced the new beginning at a town hall meeting attended by some 200 blue- and white-collar employees by declaring Mottrol's name change to "슬롯토토 Mottrol."
▲Scott Park conveyed 슬롯토토 Mottrol's vision at the first town hall meeting attended by some 200 슬롯토토 Mottrol white- and blue-collar employees.
At the town hall, Park stated, "I am truly delighted and proud to welcome the employees of 슬롯토토 Mottrol to the 슬롯토토 Bobcat family, whose world-class quality has been well proven through many years of partnership. We aim to double 슬롯토토 Mottrol's sales in the next five years by achieving 'win-win' results and creating synergy."
슬롯토토 Bobcat acquired 슬롯토토 Mottrol to assure a stable supply of core components and enhance product competitiveness through vertical integration. 슬롯토토 Mottrol expects to grow from product and regional diversification as it seeks to expand its target market from large construction equipment to medium and small construction, agriculture, and logistics equipment.
Youngmin Kwon, President of 슬롯토토 Mottrol, remarked, "We are happy to take the first step towards becoming a global leading company alongside 슬롯토토 Bobcat. We will strive to improve quality standards further and accelerate the development of new products."
슬롯토토 Mottrol will continue independent management as a separate entity while seeking synergies for external expansion as a subsidiary of 슬롯토토 Bobcat, such as securing growth momentum as a global player.