Kobelco’s sales of construction equipment for the first half of the fiscal year were up +9.1% to $2.0 billion. Ordinary income from its sales of excavators and cranes was up +63% to $186 million, for a margin of 9.5%, compared to 6.3% a year ago. Kobelco’s biggest construction equipment business is Kobelco Construction Machinery, which […]
Terex’s revenues for the third quarter of the year were up +3% to $1.81 billion, compared to the same period last year. However, its net profit from continuing operations was down -31% to $58.7 million. Terex chairman & CEO Ron DeFeo said, “Our results for the third quarter were in line with the revised guidance […]
Net sales at crane manufacturer Tadano were up 34.8% for the 2013 financial year, to $1.78 billion. The figure for the 2012 financial year was $1.32 billion. Net income was up more than 96% to $141 million or 7.9% of sales. Operating income and ordinary income also both basically doubled. It is the third year […]
A1A Software, Fernandina Beach, Fla., has made extensive updates to 3DLiftPlan.com that will make the user experience easier, faster, and more intuitive. Features include browser-based drag-and-drop jobsite editing, more ground-bearing pressure options, and mobile-friendly chart search and ground-bearing pressure pages. Other improvements include faster load times, meaning no more waiting for the page to refresh […]
Telescopic crawler cranes are commonly found on sites where tasks such as foundation work, power transmission, wind power installations and other utility work is being carried out. They work alongside, or in place of, lattice boom crawler cranes and rough terrain cranes, especially in the oil and gas and energy industries. Easy transport, ease of […]
Ravi Saligram has been named the new CEO of equipment auction company Ritchie Bros, succeeding Peter Blake, who is to leave the company in July. Former president and CEO of office supply company OfficeMax, Mr Saligram is expected to take the reins on July 7. Ritchie Bros said he would also be appointed as a […]
Contractors know that brand-specific specifications should not be used in bid guidelines when it comes to equipment and products. But did you know that many contractors limit their ability to receive equitable bids on projects because their bid documents don’t specify a generic requirement for crane operator or rigger certification? Contractors who emphasize that their […]
After the delivery of an LTM 1500-8.1, Liebherr-Werk Ehingen GmbH can now boast the proud total of 30,000 mobile cranes supplied to customers. The Liebherr’s 550-ton crane was supplied to the Mexican company Grupo DPH, a crane and heavy load contractor. In reaching its decision to buy from Liebherr, one of the major factors for […]
Liebherr says the first operational use for its Liebherr LR 11000 1,100-ton crawler crane has completed its first lift at a Romanian oil refinery. The LR 11000 was used by Felbermayr to work on a constricted site with a 115 ft. by 115 ft. working area at the Petrom refinery in Ploiesti near Bucharest to […]
Tim Ford of Terex has been named chair of ICUEE 2015. Ford will oversee the show’s volunteer management committee, a cross-section of utility construction leaders who direct show planning to ensure the show remains relevant for all market segments. Ford is President of Terex Cranes for Terex Corporation. The biennial International Construction & Utility Equipment […]
