Editing Jayatsu Manufacturing
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==Victor Jayson Equipment Inc.== | ==Victor Jayson Equipment Inc.== | ||
- | '''Jayson Equipment Ltd.''' was created in 1983 as Jayatsu America. Jayatsu began importing tractors and construction equipment by 1984. By 1985, C. Yoon was looking for someone to invest into Jayatsu America. In 1986, C. Yoon met Edwin Richards who became interested in investing in Jayatsu America. Edwin | + | '''Jayson Equipment Ltd.''' was created in 1983 as Jayatsu America. Jayatsu began importing tractors and construction equipment by 1984. By 1985, C. Yoon was looking for someone to invest into Jayatsu America. In 1986, C. Yoon met Edwin Richards who became interested in investing in Jayatsu America. Edwin pressured his EJR Manufacturing into investing into Jayatsu America but his son, Kevin Richards, kept on refusing. So Edwin invested in it by himself. By mid 1987, Edwin Richards had a 49% share in Jayatsu America. However, he passed away soon after. Edwin's 49% share was passed to his son, Kevin. |
In 1997, Victor Thomas Inc. purchased a 40% majority share in Jatatsu America. In 1999, VTI was purchased by Lynx Equipment and [[Rezzi Tractors|LnV International]] was formed. In 2001, Jayatsu America was renamed by LnV International to Jayson Equipment Ltd. In 2003, LnV began selling Jayson equipment at LnV dealerships. In 2005, LnV decides to reduce the number of construction equipment being sold in North America due to declining sales. | In 1997, Victor Thomas Inc. purchased a 40% majority share in Jatatsu America. In 1999, VTI was purchased by Lynx Equipment and [[Rezzi Tractors|LnV International]] was formed. In 2001, Jayatsu America was renamed by LnV International to Jayson Equipment Ltd. In 2003, LnV began selling Jayson equipment at LnV dealerships. In 2005, LnV decides to reduce the number of construction equipment being sold in North America due to declining sales. |