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FibreMax scores investment for unique synthetic ropes
Synthetic cable manufacturer FibreMax has sold a 25% stake to private equity firm NPM Capital. The manufacturer, which is based in the Netherlands said that it was planning to use the capital injected by its new shareholder, to establish a sales organisation to market the cables to the mining, offshore, building, construction, heavy transport industries and for those carrying out heavy industrial applications.
Synthetic cable manufacturer FibreMax has sold a 25% stake to private equity firm NPM Capital. The manufacturer, which is based in the Netherlands said that it was planning to use the capital injected by its new shareholder, to establish a sales organisation to market the cables to the mining, offshore, building, construction, heavy transport industries and for those carrying out heavy industrial applications.
Boom boost for Manitex revenue in Q1
Boom truck sales and improved commercial activity were the major reasons behind an increase in Manitex’s revenues for the first quarter of 2013. The company reported that net revenues rose 39% to a record $59.6m, compared with $42.8m in 2012. There was a 53% increase in net income to $1.9m up from $1.3m last years figures.
Boom truck sales and improved commercial activity were the major reasons behind an increase in Manitex’s revenues for the first quarter of 2013. The company reported that net revenues rose 39% to a record $59.6m, compared with $42.8m in 2012. There was a 53% increase in net income to $1.9m up from $1.3m last years figures.
Empire Crane orders Mantis telecrawlers at Bauma
American dealer Empire Crane placed an order at the Bauma trade show in Munich for two 77t Tadano Mantis 15010 telecrawlers. Empire Crane, which is a Tadano Mantis dealer in the northeast United States said it has consistent and growing demand for the Mantis products in its region and has purchased the cranes as additional stock to support its increasing Mantis business.
American dealer Empire Crane placed an order at the Bauma trade show in Munich for two 77t Tadano Mantis 15010 telecrawlers. Empire Crane, which is a Tadano Mantis dealer in the northeast United States said it has consistent and growing demand for the Mantis products in its region and has purchased the cranes as additional stock to support its increasing Mantis business.
Tiong Woon revenue 29% up on 2012
The heavy lift and haulage segment of rental company Tiong Woon was the main contributor to a SGD35.3m rise in revenue for first quarter of 2013 from last years results. Compared to a year ago, the heavy lift and haulage was up 29% to SGD35.6m. Tiong Woon said the rise was mainly due to the increase in heavy lift and installation projects undertaken in the Asia Pacific region.
The heavy lift and haulage segment of rental company Tiong Woon was the main contributor to a SGD35.3m rise in revenue for first quarter of 2013 from last years results. Compared to a year ago, the heavy lift and haulage was up 29% to SGD35.6m. Tiong Woon said the rise was mainly due to the increase in heavy lift and installation projects undertaken in the Asia Pacific region.
Fleet File: One week left
Cranes Today’s Fleet File is the only survey of the world’s crane hirers, open to anyone who wishes to take part. Now in its eighth year, Fleet File has given hundreds of crane owners around the world the chance to let customers know what capacity cranes they have available. The 2013 survey will be closing in one week's time, so you should complete your entry now.
Cranes Today’s Fleet File is the only survey of the world’s crane hirers, open to anyone who wishes to take part. Now in its eighth year, Fleet File has given hundreds of crane owners around the world the chance to let customers know what capacity cranes they have available. The 2013 survey will be closing in one week's time, so you should complete your entry now.
Palfinger global spread balances weak Europe
Increases in the Americas and Russia kept revenue at a similar level to the first quarter of 2012 for Austrian knuckleboom manufacturer Palfinger, who reported its results for Q1 2013. The positive developments in the other regions helped to cancel out a decrease in European revenue.
Increases in the Americas and Russia kept revenue at a similar level to the first quarter of 2012 for Austrian knuckleboom manufacturer Palfinger, who reported its results for Q1 2013. The positive developments in the other regions helped to cancel out a decrease in European revenue.
Manitex moves into high capacity truck crane market
Manitex has launched its highest capacity to date, the TC700. The company said that the new machine signalled its entry into the higher capacity global truck crane market, claiming that it could offer a lower cost product on a standard truck chassis.
Manitex has launched its highest capacity to date, the TC700. The company said that the new machine signalled its entry into the higher capacity global truck crane market, claiming that it could offer a lower cost product on a standard truck chassis.
Van Doorn’s Honduran Hydropower project
Tower crane consultant Van Doorn has worked with Compañía Hondureña de Energía Renovable (Cohersa) on the La Vegona Hydro Electric project in Honduras. The company helped to erect, climb and dismantle the tower cranes, as well as supplying parts, assisting with consulting, project planning and heavy lifting involving turbines.
Tower crane consultant Van Doorn has worked with Compañía Hondureña de Energía Renovable (Cohersa) on the La Vegona Hydro Electric project in Honduras. The company helped to erect, climb and dismantle the tower cranes, as well as supplying parts, assisting with consulting, project planning and heavy lifting involving turbines.
Liebherr deliver to Lebanon
Liebherr has delivered an LTM 1040-2.1 to Transport Houmani based in Beirut, Lebanon. The new all-terrain crane is the first in the country. The rental firm ordered the new mobile crane, which has load capacity of 40t.
Liebherr has delivered an LTM 1040-2.1 to Transport Houmani based in Beirut, Lebanon. The new all-terrain crane is the first in the country. The rental firm ordered the new mobile crane, which has load capacity of 40t.
Ainscough invests £11.4m for energy
Ainscough Crane Hire is embarking on an £11.4m crane investment programme as part of a major fleet expansion. This includes the addition of the UK’s first resident 750t Liebherr LTM 1750-9.1 to its Heavy Cranes Division.
Ainscough Crane Hire is embarking on an £11.4m crane investment programme as part of a major fleet expansion. This includes the addition of the UK’s first resident 750t Liebherr LTM 1750-9.1 to its Heavy Cranes Division.
