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Unread 04-18-2009, 02:52 PM
roym roym is offline
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Default Echo/Shindaiwa

Yamabiko just announced they are formally merging the two companies with all North American operations to be consolidated under Echo Inc, Lake Zurich, IL. Japan is taking over European and Asian marketing so looks like Shindaiwa's Tualatan, OR operation will be shut down. Sorry, not computer savvy enough to post the link.
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Unread 04-18-2009, 04:22 PM
GWB2006 GWB2006 is offline
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... This has already been out for a little while, a month ago actually.... Are they just getting the news up in CA?

March 24, 2009

To our valued business partners,

I want to elaborate on the press release that was issued last week (see copy below).

First and foremost, the Shindaiwa product line is not going away. Both the Shindaiwa and Echo product lines have distinct strengths and will coexist together, providing a broad range of products to the outdoor power equipment industry. Shindaiwa Japan will continue to be responsible for engineering and manufacturing of the premium products that Shindaiwa is legendary for.

The recent phenomenal success of our EB802 backpack blower is a testimony to the legendary quality of Shindaiwa products. As you are aware, we have recently completed the product launch tour for our new EB8520 backpack blower and T282 trimmer. Both of these products have received rave reviews; all indications are that they will be equally as successful as the EB802.

The consolidation of the Shindaiwa Inc and Echo Inc sales and marketing operations is strictly an efficiency / cost reduction activity, and will not impact the design or quality of the Shindaiwa product line. During and after the transition, you can continue to order the full line of Shindaiwa products with the same degree of confidence and trust that you have always had.

We have always endeavored to provide you with superior customer service and technical support. We are making sure that during this period of transition you will continue to receive all the support you need to be successful with your customers.

I would also like to reassure you that we remain committed to the traditional 2-step distribution process. This business model has been very successful for Shindaiwa and there is no reason for Yamabiko to change it.

Press Release

ECHO Incorporated and Shindaiwa Incorporated to Merge Operations

Tokyo, March 16, 2009 - Yamabiko Corporation, the recently formed parent company of Kioritz Corporation and Shindaiwa Corporation, announced plans to merge the two companies and operate as Yamabiko. Initially, Yamabiko Corporation was created as a holding company on December 1, 2008 to take advantage of management integration, sourcing, engineering, manufacturing and other efficiencies.

The new plan is to expand the scope of the merger to include streamlining all functions. "We have already made significant progress in gaining synergy with the two companies since our 2007 alliance," said Chuck Kitazume, President and CEO of Yamabiko. "However, continued weakening of world markets, rising costs and declining exchange rate between the dollar and yen dictate that we accelerate the consolidation process." Operations of both companies will be merged in Japan by October 1, 2009.

This consolidation will also impact the North American operations of both companies. Shindaiwa Incorporated of Tualatin, OR will transfer sales and marketing responsibilities for Europe, Asia and the Middle East back to Japan as of April 1, 2009. Eventually, all Shindaiwa operations will be merged with ECHO Incorporated, subsidiary of Kioritz Corporation, in Lake Zurich, IL. Consolidation of the U.S. operations should be completed by October 1, 2009.

"Both ECHO and Shindaiwa are well respected premium brands in the outdoor power equipment industry. The merger of these operations will result in an efficient organization with lower costs, allowing both brands to be even more competitive in the North and South American markets," said Yasushi Asamoto, Chairman of Yamabiko Corporation.

Kioritz Corporation and ECHO Incorporated are global manufacturers and marketers of forestry and agricultural machinery, as well as outdoor power equipment. Shindaiwa Corporation and Shindaiwa Incorporated are global manufacturers and marketers of welding machines and generators, agricultural and forestry machinery, and outdoor power equipment. All are members of the Yamabiko Group.

With best regards,

Jorge A. Lazo
Shindaiwa Inc.
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Unread 04-18-2009, 07:34 PM
roym roym is offline
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I am no longer selling either line so guess I'm out of the loop.
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