Echo Inc. yesterday cut the ribbon on their new 129,000 sq. ft. warehouse expansion. The new warehouse was built to accommodate additional space requirements resulting from the company’s recent merger with outdoor power equipment manufacturer Shindaiwa, and to support the future growth of the Shindaiwa brand in both North America and Latin America.

Joining in the ribbon-cutting ceremony were dealers, employees, vendors, Lake Zurich city officials and other special guests.

Officials with Yamabiko Corp., the recently formed parent company of Kioritz Corporation and Shindaiwa Corporation, today announced plans to merge the two companies and operate as Yamabiko. Initially, Yamabiko Corp. was created as a holding company on December 1, 2008 to take advantage of management integration,sourcing, engineering, manufacturing and other efficiencies.

The new plan is to expand the scope of the merger to include streamlining all functions. “We have already made significant progress in gaining synergy with the two companies since our 2007 alliance,” says Chuck Kitazume, President and CEO of Yamabiko. “However, continued weakening of world markets, rising costs and declining exchange rate between the dollar and yen dictate that we accelerate the consolidation process.” Operations of both companies will be merged in Japan by October 1, 2009.

This consolidation will also impact the North American operations of both companies. Shindaiwa will transfer sales and marketing responsibilities for Europe, Asia and the Middle East back to Japan as of April 1, 2009. Eventually, all Shindaiwa operations will be merged with Echo Inc., subsidiary of Kioritz Corp., in Lake Zurich, Ill. Consolidation of the U.S. operations should be completed by October 1, 2009.

“Both ECHO and Shindaiwa are well respected premium brands in the power equipment industry. The merger of these operations will result in an efficient organization with lower costs, allowing both brands to be even more competitive in the North and South American markets,” said Yasushi Asamoto, Chairman of Yamabiko Corp.

Kioritz Corp. and Echo Inc. are global manufacturers and marketers of forestry and agricultural machinery, as well as outdoor power equipment. Shindaiwa Corp. and Shindaiwa Inc. are global manufacturers and marketers of welding machines and generators, agricultural and forestry machinery and outdoor power equipment. All are members of the Yamabiko Group.

Shindaiwa has been chosen to showcase its versatile C4 Technology M2510 multi-purpose tool and PowerBroom attachment on the DIY Television Network show, “Cool Tools” hosted by Chris Gundy.

The “Cool Tools” segment features the Shindaiwa M2510 with PowerBroom attachment in a variety of applications highlighting its tremendous time and labor-saving capabilities. The M2510 power head along with eight different attachments provides the equivalent of an entire shed of power tools, using a split boom and positive coupler design for easy attachment. The other attachments are: trimmer, pole pruner, mid-reach pole pruner, lawn edger, articulated hedge trimmer, mid-reach articulated hedge trimmer and cultivator.

Dealers, landscapers and others who attended the 2008 GIE+EXPO had the opportunity to brush up on key handheld power equipment topics at the “Handheld Power University” Jointly sponsored by Shindaiwa, Oregon Cutting Systems, and the Equipment and Engine and Training Council (EETC). The Handheld Power University presented easy-to-digest, 15 minute presentations that were applicable to all brands of equipment. Some of the topics covered were “Handheld Product Safety”, and “Saw Chain Anatomy and Basic Maintenance.”