Jost-Werke
 | |
Native name | JOST-Werke Deutschland GmbH |
|---|---|
| ISIN | 🆔 |
| Industry | Automotive |
| Founded 📆 | 1952 |
| Founder 👔 | Hans Breuer and Joseph Steingass |
| Headquarters 🏙️ | Neu-Isenburg, |
Area served 🗺️ | Worldwide |
Key people | Joachim Dürr, CEO
Dr. Christian Terlinde, CFO Dirk Hanenberg, COO |
| Products 📟 | Truck Trailer equipment
Loader equipment Agriculture and forestry equipment |
| Revenue🤑 | 1,265 million (euro) (2022) |
| Members | |
Number of employees | 3,602 (2022) |
| Subsidiaries | Jost
Rockinger Tridec Quicke |
| 🌐 Website | https://www.jost-world.com/ |
| 📇 Address | |
| 📞 telephone | |
Jost is a Neu-Isenburg based automotive equipment company, founded in 1952 as a ball bearing turntable manufacturer by Hans Breuer and Joseph Steingass. Later, by 1956, the company started production of tractor fifth wheels. The company expanded to Great Britain and South Africa in the 1960s as a specialist in fifth wheel and trailer landing gear.[1]. From 1970 to 1980 the company started operations worldwide[2].
Jost has acquired three other brands, Rockinger[3], Tridec[4] and Quicke[5] which serve in different sectors and industries offering equipment for commercial vehicles and agriculture vehicles. The company today manufactures a huge number of products including fifth wheel couplings, king pins, landing gears, truck and trailer axles, ball bearing turntables, hook and ball towing hitches, Drawbars, towing eyes, trailer steering systems, axle suspensions, hydraulic cylinders, tipper equipment and container equipment[6].
Tridec
Founded in the 1990s as a steering and axle system company in the Netherlands to provide steering systems and axle suspensions to trailer manufacturers all over Europe and the UK[7]. In its early years, most of the trailer manufacturers adopted Tridec’s system for their trailers, mainly the LV-O system which was designed specifically for double-decker trailers, increasing the cargo space by mounting axles independently on both sides[8]. In the early 2000s, the company advanced their LV-O system by reducing the suspension weight and narrowing the axles, which in turn increased the payload capacity of the trailers, ultimately a win-win situation for the trailer manufacturers and the fleet operators[9].
In 2008 Jost acquired Tridec[10] and Mercedes-Benz Trailer Axles Systems in 2014. Today, with manufacturing plants in Son and Cantanhede, Jost is one of the largest axle system manufacturers[11]. Mercedes-Benz Trailer Axles Systems has been offering axles for trailers since 1996 all over Europe and is a part of Jost’s axle system[12].
Rockinger
Founded in 1875 by Johann Rockinger in West Germany, it specializes in the manufacturing of tow hitches, drawbars and drawbar eyes. The first fully automatic coupling for trailers was manufactured and patented by Johann Rockinger in 1927; later, in 1973, coupling for agriculture and forestry vehicles was introduced[13].
In 1980 the company came up with a remote controlled trailer drawbar hitch, these were specially designed for 18 ton capacity dual axle trailers and 24 ton tri-axle trailers supported with suitable bolt on or welded drawbar eye[14]. Later, in 2001, Jost acquired the company and entered the UK market with their new remote controlled 57.5 mm trailer coupling for local market needs[15]. Today, heavy duty truck manufacturers like Volvo[16], Mercedes-Benz[17], MAN[18] offer Rockinger couplings as an option for push and pull trailer configurations.
Quicke
In 1947 Karl-Ragnar Åström designed the first front loader while working at his farm in Brännland; later, in 1949, Karl-Ragnar Åström and Alf Löfgren started a small scale production with a company named Alo, the name being derived from the first letter of their family names. In 1959 Quicke was developed as a front loader while the Swedish market was saturated with manufacturers; Alo focused on exports, and by 1960 export sales surpassed domestic sales.
In 1980 Alo signed an OEM agreement with Valtra for their Valmet Tractors and became a regular OEM supplier for the company. Argoma SA, a French based spraying equipment manufacturer, was acquired by Alo due to its agricultural based manufacturing which could benefit Alo. Balticgruppen, a property management company based in Umeå, acquired Alo in 1993; under the ownership of Balticgruppen, Alo acquired Veto (DK) and Trima, both loader manufacturers, and also signed an OEM deal with Massey Ferguson.
In 2002 3i, a venture capital firm based in London, acquired Alo, under which Alo acquired American Bush Hog manufacturer and also signed an OEM agreement with Case New Holland; later, in 2011, Alo was sold to Altor, another Swedish based venture capital firm. Under its ownership, Alo acquired Vreten (SE)[19]. Today Alo is under the wing of Jost since 2020, manufacturing and distributing loaders and farm equipment implements all over the world under the brand Quicke[20].
See Also
References
- ↑ "NEW COMPANIES | 26th December 1969 | The Commercial Motor Archive". archive.commercialmotor.com. Retrieved 2023-06-02.
- ↑ "Australian Trailer and Truck Parts Supplier: JOST". www.jostaustralia.com.au. Retrieved 2023-06-02.
- ↑ "WE WILL ROCKINGER YOU | 3rd October 2002 | The Commercial Motor Archive". archive.commercialmotor.com. Retrieved 2023-06-02.
- ↑ "TRIDEC". www.jost-world.com. Retrieved 2023-06-02.
- ↑ Writer, Staff (2019-12-14). "JOST acquires Ålö Holding". Global Trailer. Retrieved 2023-06-02.
- ↑ "From fifth wheel couplings to trailer axles: The complete range of components for trucks and trailers". equipmentindia.com. Retrieved 2023-06-07.
- ↑ "Trailers shining through Belgian slump | 9th December 1993 | The Commercial Motor Archive". archive.commercialmotor.com. Retrieved 2023-06-07.
- ↑ "Stas plans to feed into UK | 18th December 1997 | The Commercial Motor Archive". archive.commercialmotor.com. Retrieved 2023-06-07.
- ↑ "GO DUTCH CARRY MORE | 5th August 2004 | The Commercial Motor Archive". archive.commercialmotor.com. Retrieved 2023-06-07.
- ↑ "TRIDEC". www.jost-world.com. Retrieved 2023-06-07.
- ↑ Writer, Staff (2014-10-30). "Jost completes acquisition of Mercedes-Benz TrailerAxleSystems". Global Trailer. Retrieved 2023-06-07.
- ↑ "Jost Group acquires Mercedes-Benz trailer axle systems". www.fleetequipmentmag.com. Retrieved 2023-06-07.
- ↑ "About us". www.rockinger-agriculture.com. Retrieved 2023-06-06.
- ↑ "MARKET REVIEW: DRAWBARS | 19th October 1989 | The Commercial Motor Archive". archive.commercialmotor.com. Retrieved 2023-06-06.
- ↑ "Could this be the perfect couple? | 3rd October 2002 | The Commercial Motor Archive". archive.commercialmotor.com. Retrieved 2023-06-06.
- ↑ "Volvo Trucks facts" (PDF).
- ↑ World, Automotive (2014-05-20). "Mercedes-Benz Actros SLT and Arocs SLT redefine heavy-duty trucking". Automotive World. Retrieved 2023-06-06.
- ↑ "Heavy metal in special transport". www.transportengineer.org.uk. Archived from the original on 2023-06-06. Retrieved 2023-06-06.
- ↑ "alo annual sustainability report" (PDF). 2018.
- ↑ "JOST closes acquisition of leading manufacturer of agricultural front loaders Ålö Holding AB". Front loaders and Implements for farming. 2020-02-04. Archived from the original on 2024-03-02. Retrieved 2023-06-12.
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