by Crane Market | Jul 27, 2016 | Constuction & Business News, Manufacturer News, Mining News
Caterpillar Inc. said Tuesday it doesn’t anticipate a rebound this year for its construction and mining equipment, as the company shrunk its profit forecast and warned of additional layoffs. WSJ reports, Caterpillar topped second-quarter profit and sales expectations....
by Crane Market | Jul 27, 2016 | Crane & Lifting News, Equipment & Construction Videos, Manufacturer News, Ports & Terminals
In June at the TOC Europe exhibition in Hamburg, Germany, Konecranes introduced a new Rail Mounted Gantry crane (RMG) to the world: the BOXPORTER. The company says that the new crane offers the clearest view in intermodal container handling with its “smarter cabin,”...
by Crane Market | Jul 26, 2016 | Crane & Lifting News, Manufacturer News
The order includes ten Grove RT650E cranes, six RT765E-2 models, six RT890E cranes, and two RT9130E-2 machines. The majority of the new cranes have been sent to work at power plants and oil refineries, said Manitowoc. “The main reason we selected these Grove...
by Crane Market | Jul 26, 2016 | Constuction & Business News, Manufacturer News
Europe’s largest reinforced earth wall structure can be found in the UK, following the completion of a large-scale project at Fisher Street, Newcastle. Lumsden and Carroll, the civil engineering arm of construction company Esh Group, oversaw a £2.7m reinforced earth...
by Crane Market | Jul 26, 2016 | Constuction & Business News, Manufacturer News
Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for approximately $59 million over two days in Fort Worth, TX. More than 4,600 people from 55 countries registered to bid in the unreserved auction,...