by Crane Market | Jun 22, 2016 | Constuction & Business News, Manufacturer News
The Wacker Neuson Group is planning to open a new plant near Shanghai in China. Initially compact excavators will be produced for the local market, further products will follow. It is planned that the first compact excavator should roll off the production line at the...
by Crane Market | Jun 22, 2016 | Constuction & Business News, Crane & Lifting News
Guay Inc., headquartered in Quebec, Canada, continues to grow its massive fleet of cranes with the addition of a new Terex Crossover 8000 boom truck crane mounted on a Peterbilt truck chassis. The Crossover 8000 gives Guay a cost-effective lifting solution for the...
by Crane Market | Jun 22, 2016 | Constuction & Business News, Manufacturer News
Terex Corporation announced that it has agreed to sell its German compact construction business to Yanmar Holdings Co., Ltd. for cash proceeds of approximately $60 million. The German compact construction business manufactures and sells mini excavators, wheeled...
by Crane Market | Jun 20, 2016 | Constuction & Business News
Austria’s Palfinger Group (Palfinger Marine Gmbh) on Sunday said it intends to buy Norway’s TTS Group ASA for 5.60 Norwegian crowns ($0.67) per share, in a move that would put its marine business among the top three global ship equipment suppliers....
by Crane Market | Jun 17, 2016 | Constuction & Business News, Crane & Lifting News, Manufacturer News
With the backing of its parent company, Torre Industries, SA French is growing the popularity of the Potain tower cranes in sub-Saharan African countries. Quentin van Breda, managing director of SA French which is a division of Torre Lifting Solutions, says one of the...
by Crane Market | Jun 15, 2016 | Constuction & Business News, Manufacturer News
In his remarks at the 2016 annual shareholders meeting, Chairman and CEO Doug Oberhelman said there was every reason to be confident in Caterpillar. The meeting was held at a Progress Rail facility in Muncie, Indiana and Doug said, “Our rail and transit business is a...