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Pinnacle Cranes a Link-Belt, Manitex and Shuttlelift dealer is acquired by Tecum Equity

Pinnacle Cranes a Link-Belt, Manitex and Shuttlelift dealer is acquired by Tecum Equity

by Max Daman | Oct 22, 2019 | Constuction & Business News, Crane & Lifting News

Western Allegheny Capital and Tecum Equity Partners on Tuesday confirmed the acquisition of Pinnacle Cranes is the authorized dealer in North and South Carolina for Link-Belt Cranes; Manitex Boom Trucks; and Shuttlelift Industrial Carry Deck Cranes who maintains a...
Tadano’s Acquisition of Demag Mobile Cranes Ushers in New Era for the Crane Industry

Tadano’s Acquisition of Demag Mobile Cranes Ushers in New Era for the Crane Industry

by Max Daman | Aug 20, 2019 | Constuction & Business News, Crane & Lifting News, Manufacturer News

Tadano Ltd. completed its $215 million acquisition of the Demag Mobile Cranes business on August 1st. The transaction brings together two of the top names in the lifting equipment industry – each well known for safety, quality, innovation, and performance. The Tadano...
President Trump: ‘I love cranes. I love trucks of all types’ We agree!!

President Trump: ‘I love cranes. I love trucks of all types’ We agree!!

by Max Daman | Aug 14, 2019 | Constuction & Business News, Crane & Lifting News

President Trump spoke Tuesday of his love for cranes and “trucks of all types” during a speech in Pennsylvania on American energy and manufacturing. “I love cranes. I love trucks of all types. Even when I was a little boy at 4 years old my mother would...
Apparently Portland has the third most tower cranes erected in USA

Apparently Portland has the third most tower cranes erected in USA

by Max Daman | Apr 29, 2019 | Constuction & Business News, Crane & Lifting News

Toronto has the most Tower Cranes erected in North America PORTLAND, Ore. (KOIN) — Only 2 cities in the US have more tower cranes erected than Portland as the city’s building booms in mixed-use/residential projects. As of July 2018, there are 30...
Sydney’s tower crane count has big impact on New South Wales economy in Australia

Sydney’s tower crane count has big impact on New South Wales economy in Australia

by Max Daman | Apr 12, 2019 | Constuction & Business News, Crane & Lifting News

The number of tower cranes in the Sydney skyline has dropped since its peak in 2017, having a major influence on the level of confidence in the NSW economy. Sydney’s crane construction count has again eased a tad from its 2017 peak. Not too significantly, but it does...
Manitowoc is poised for growth which bodes well for the MTW stock

Manitowoc is poised for growth which bodes well for the MTW stock

by Crane Market | Mar 1, 2019 | Constuction & Business News, Crane & Lifting News, Manufacturer News

The Manitowoc Company Inc. Manitowoc MTW is poised for growth backed by product innovation, focus on cost controls and pricing actions. Also, the recent improvement in its order activity signals improvement in the general crane market, which bodes well for the...
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