- Timberjack
Timberjack, a subsidiary of
John Deere since 2000, is a manufacturer of forestry machinery for both cut-to-length and whole tree logging.Timberjack was owned by theEaton Corporation in the 1960s, 1970s and early 1980s. In 1984 Timberjack made aleveraged buyout from Eaton to become its own company. Timberjack was acquired by FMG (ForestMachineGroup), owned by FinnishRauma-Repola . After a short period carrying the double-name FMG-Timberjack, in 1993 Timberjack became the brandname for the group. Other well known forest machine brands, which have been incorporated into FMG-Timberjack were Swedish ÖSA and Bruun system as well as Finnish LOKOMO. In December 2000 John Deere bought Timberjack fromMetso Corporation (formerly Rauma-Repola) for $600 million dollars.As of June, 2005, at the forestry fair ELMIA Wood, the Timberjack product line was discontinued, and John Deere, its parent company, became the largest single brand of forestry equipment. Its global market share for both Cut-to-length and Full tree equipment is estimated to 45%.
Wikimedia Foundation. 2010.