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Diesel giant is named

13th December 1986, Page 13
13th December 1986
Page 13
Page 13, 13th December 1986 — Diesel giant is named
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Which of the following most accurately describes the problem?

• The joint venture diesel engine manufacturing company planned by Detroit Diesel Allison & Deere and Company has been named Dedec, Detroit Deere Corporation.

Negotiations over the formation of the new company are expected to be finalised early in 1987 and its headquarters in a new office building in Detroit established soon afterwards. David Hopley, vice president of Deere's engine group, is expected to become Dedec's president with Ludvik Koci, general manager of DDA, becoming its board chairman. Dedec will combine all the diesel engine activities of DDA and Deere and will become one of the largest diesel engine manufacturing companies in the world.