MTD + New toroidal transmissions for ride on mower

Posted by 3parsnips on February 12, 2006 at 08:36:42 from (80.3.64.8):

Hi,

Can anyone give any information about MTD and a New production line making New toroidal transmissions for ride on mowers.?

Could be that a new production line has been started in Cleveland, Ohio

A 50/50 joint venture has been entered into between "MTD Products Ltd" in Cleveland Ohio and the British company "Torotrak" to manufacture a New "Infinitely Variable Transmission" (IVT)

The name of the NEW 50/50 ownership company that has been set up is to be called : "Infinitrak"

An announcement was made in the (UK) on 3rd November 2005...see :

http://www.companyannouncements.net/cgi-bin/articles/200511030700155671T.html

--------------------------

Infinitrak expects to commence manufacture of IVT units in 2006.

Production in the first full year of manufacture is expected to exceed 100,000 units.

Initially,Infinitrak will supply products exclusively to MTD Products Inc, for incorporation in vehicles and products it manufactures and distributes.

Infinitrak plans to commence sales of IVT units to third parties by 2008.

Infinitrak LLC will be owned jointly by Torotrak and MTD, with each company holding 50% of the membership interest. The Board of Managers will
comprise 6 members, 3 from each company.

Torotrak and MTD anticipate that Infinitrak will be formed and the joint venture will commence on or before November 14, 2005.

----------------------

I would be grateful for any further information on the above news item.

Has production of New IVT Trans..started yet.?
Has a new factory been set up yet.?
What is the address of the New Factory.?
Are there any pictures available of the factory.?
Are there any pictures of the New IVT trans..?
When will the new transmissions be sold.?
What products will have the new IVT fitted.?

Any information would be appreciated

Thanks

---------
3Parsnips (UK)

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