PCCA Journal|3
rd
Quarter 2015
51
Member News
Continued from page 49
rently available for lease. Construction will continue through-
out 2015 and into early 2016, with an anticipated move-in
date in May 2016.
“We are excited to continue our relationship with Iowa
State to demonstrate how partnership between Iowa’s educa-
tion system and private industry can best be applied,” said
Vermeer Chief Operating Officer Jason Andringa. “When the
state, our education system, and the state’s private industry
come together, strong economic develop-
ment potential can follow.”
In 2012, Vermeer created a presence at ISU
RP as a means of engagement with future
workforce and to benefit from increased col-
laboration with academia. Since then, there
have been seven Capstone projects in which
Vermeer and ISU students have partnered
together to advance the educational instruc-
tion of students using real-life Vermeer
opportunities. In addition, more than 25
students and Vermeer team members utilize
the existing office space each year, and the
company intends to recruit additional soft-
ware engineers and employees to work from
the space.
“Vermeer represents a great model for
engagement with Iowa State University,”
said Steve Carter, Director at ISU RP. “Their
presence at ISU RP allows them immediate
access to topnotch talent, and this facility
will take that to the next level, as it will
offer students and employees a way to learn
and interact in a hands-on environment.
This is a win not only for the company, but
also for enhancing student learning.”
Greenlee Acquires
Partner Endura Tools
Greenlee, a Textron Company, announced
in July the acquisition from its joint ven-
ture partners of the remaining interest in
Endura-Greenlee Tools (Shanghai) Co., Ltd.,
a professional hand tools manufacturer for
residential, construction, industrial, and
automotive channels.
Greenlee established the Endura-Greenlee
Tools joint venture in 2010 to expand Green-
lee’s presence in China through application
of innovative technologies and leveraging the distribution
network. Endura-Greenlee Tools has a strong international
sales network and advanced expertise in the Chinese mar-
kets. Endura specializes in designing, manufacturing, and
marketing high-quality hand tools for global professional
trades and industrial and construction markets. Since its
inception in 1998, Endura has been considered one of the top
professional tool brands in China, with over 3,000 products
©2015 Terex Corporation. Terex is a registered trademark of Terex Corporation in the US and many
other countries.
POWERFUL.
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For more information on Terex Utilities equipment or
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visit online at
www.terex.com/utilitiesContinued on page 53