CVTCORP And Bonfiglioli Link-Up

 

CVTCORP, which designs and develops high-efficiency mechanical Continuously Variable Transmissions (mCVT) for the off-highway market, and Bonfiglioli, a designer, manufacturer and distributor of geared motors, drive systems, planetary gearboxes and inverters, have entered into an exclusive licensing agreement for Bonfiglioli to manufacture and sell the CVTCORP mCVT patented technology for telehandlers and other equipment. The co-operation between Bonfiglioli and CVTCORP will also include developing a full line of transmissions based on the currently available mCVT.

Included in this licensing agreement are the production transfer of the Ecomec 150, pictured, used in the Skyjack Ecoshift telehandler, along with the CVTCORP current sales pipeline with commercialization volume anticipated at the beginning of 2020.