Rosenort's K-Tec Earthmovers Merging With U.S. Company

K-Tec Earthmovers Inc has announced its merger with Ashland Industries. The merger will create one of the largest companies in the industry.

The newly merged organizations will be headquartered in Rosenort, MB and led by Mikhail Palitsky, President of K-Tec. The combined business will have manufacturing and service locations in both Rosenort and Ashland, WI, USA.

K-Tec and Ashland are leading manufacturers of earthmoving scrapers and accessory products serving the construction, mining, and agriculture markets.

There will be no management changes at either company as a result of the merger.

“In the weeks leading up to the announcement, the K-Tec and Ashland teams met several times and it was apparent that all of us could not be happier with the “fit” of the two companies. We share a similar vision for the earthmoving industry and are very proud to unite our families of earthmovers under one umbrella. I want to reassure our dealers and customers that we will not be making any changes to the 2020 sales programs and product offerings. We look forward to meeting with our dealership network to gain their feedback on their needs for the future, and how we can help them each succeed.” said K-Tec President Mike Palitsky.