by Crane Market | Jan 4, 2017 | Constuction & Business News, Crane & Lifting News, Manufacturer News
Joint administrator Ernst & Young appointed auctioneers for a major fire sale of the large crane fleet and thousands of other items of construction equipment. All of Hewden’s plant assets are expected to take around four months to offload slowing down the recovery...
by Crane Market | Nov 10, 2016 | Crane & Lifting News, Manufacturer News
Manitex International Inc. (MNTX) on Wednesday reported a third-quarter loss of $20.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Bridgeview, Illinois-based company said it had a loss of $1.27. Earnings, adjusted to...
by Crane Market | Nov 2, 2016 | Crane & Lifting News, Equipment Rental News
Omega Morgan, one of the West Coast’s leading rigging and heavy equipment transport companies, has announced the immediate availability of its crane services to the Pacific Northwest market. Omega Morgan’s new crane fleet includes a 550-ton, a 450-ton, two 275-ton...
by Crane Market | Jul 5, 2016 | Crane & Lifting News, Manufacturer News
In the first half of the year, overseas sales of SANY Heavy Cranes grew, accounting for 36% of total sales. In the face of a softening Chinese market, the crane export segment is a pleasant suprise. At the first half year work review meeting, Chairman Liang praised...
by Crane Market | Jul 5, 2016 | Manufacturer News
A Chinese heavy machinery manufacturer plans to invest Sh30 billion to set up an assembly plant in Kenya which if successful will become its seventh factory outside China. The multinational company, Sany, is currently setting up a heavy equipment assembly plant in...