Moxy Engineering
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| Subsidiary company | |
| Industry | Construction industries |
| Founded | 1969 |
| Founder | Birger Hatlebakk |
| Headquarters | Elnesvågen, Norway |
| Website | http://www.doosanmoxy.com |
Moxy Engineering is a Norwegian manufacturer of articulated haulers (dump trucks) for off-road use in the earth moving and construction industries. Moxy was founded by the industrialist Birger Hatlebakk, who had previously founded the Glamox factory in Molde.
Moxy built the first prototype dump truck in 1970. The first model was a heavy duty dump truck drawn by a powerful tractor with rear wheels driven by hydraulic motors. The next version, an articulated dump truck driven by a Scania diesel engine, D20, was also finished in 1970. The first prototypes were built in Molde, but then the company moved to Varhol by Elnesvågen in Fræna municipality, where a new factory was built. About the same time Moxy acquired Gjøvik based company Øveraasen Motorfabrikk & Mekaniske Verksted, which provided Moxy with useful engineering technology.
In 1972 Moxy marketed its first articulated dump truck, the Viking D15, which used a bogie under the dump box and six wheel drive. The trucks were well received by the earth moving industry. Around 1980 the company was acquired by English company Brown Engineering, who changed the name to Moxy Industries AS.
During the 80's several new dump trucks were developed and Moxy gained a good reputation in the market place and exported their products to several countries around the globe. In order to increase their production capacity Moxy cooperated with Tallmek Smøla AS, who produced the dump boxes. In the 80's Moxy started a cooperation with the Japanese company Komatsu. During one period Moxy produced dump trucks that Komatsu sold under their own brand name. In 1981 the Norwegian state owned company AS Olivin and Komatsu together acquired Moxy and changed the company name to Moxy Trucks AS. Olivin owned 2/3 and Komatsu 1/3 of the shares. The new owners injected fresh capital and the Moxy dump trucks were sold through the Komatsu sales network, which led to a large increase in sales.
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Wikipedia