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DAS Otomotiv expands in Central Asia
Terex Cranes authorised dealer DAS Otomotiv has been awarded further territory in Central Asia the US manufacturer, being awarded a distribution agreement in Azerbaijan, Kazakhstan and Turkmenistan.
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Palfinger family cement bonds with Palfinger AG
The Palfinger family have cemented their links with the listed company, Palfinger AG, in which they hold a majority stake. Two members of the family will be joining the listed company's board, and another family-owned private business has been acquired by Palfinger AG, broadening its exposure to the marine segment.
The Palfinger family have cemented their links with the listed company, Palfinger AG, in which they hold a majority stake. Two members of the family will be joining the listed company's board, and another family-owned private business has been acquired by Palfinger AG, broadening its exposure to the marine segment.
Sönke Jordt buys ATF 180G-5
Tadano has sold its 16th ATF 180G-5 to rental firm Sönke Jordt, based in Ratekau, Germany.
Tadano has sold its 16th ATF 180G-5 to rental firm Sönke Jordt, based in Ratekau, Germany.
Fassi continues sector expansion strategy with forestry acquisition
Fassi Gru has bought shares in Swedish forestry crane company Cranab AB.Fassi will become one of the main shareholders of Cranab, which manufactures timber cranes. The Cranab group of companies has around 200 employees and a turnover of SEK350m (approximately €40m).
Fassi Gru has bought shares in Swedish forestry crane company Cranab AB.Fassi will become one of the main shareholders of Cranab, which manufactures timber cranes. The Cranab group of companies has around 200 employees and a turnover of SEK350m (approximately €40m).
Terex sells truck business to Volvo for $160m
Terex Corporation has agreed to sell its truck business to Volvo Construction Equipment for cash proceeds of approximately $160 million. Terex’s truck business manufactures and sells off-highway rigid and articulated haul trucks.
Terex Corporation has agreed to sell its truck business to Volvo Construction Equipment for cash proceeds of approximately $160 million. Terex’s truck business manufactures and sells off-highway rigid and articulated haul trucks.
Potains work in Indian city
Leighton Welspun Contractors has used three MC 125 Potain tower cranes to build the Wave One commercial development in Noida, India.
Leighton Welspun Contractors has used three MC 125 Potain tower cranes to build the Wave One commercial development in Noida, India.
Cargotec’s Chinese JV
Cargotec has established Sinotruk (Shandong) Hiab Equipment Company a joint venture with the China National Heavy Duty Truck Company (CNHTC). The Finnish manufacturer’s stake in the JV is 50 percent with Cargotec's estimated equity investment in the joint venture during the first operational year approximately €10m. Over several years the firm anticipates the total investment costs of the joint venture would be around €100m.
Cargotec has established Sinotruk (Shandong) Hiab Equipment Company a joint venture with the China National Heavy Duty Truck Company (CNHTC). The Finnish manufacturer’s stake in the JV is 50 percent with Cargotec's estimated equity investment in the joint venture during the first operational year approximately €10m. Over several years the firm anticipates the total investment costs of the joint venture would be around €100m.
Nicolas delivers MHD G2 to Nigeria
Nicolas has delivered an MHD G2 SPE to Nigeria-based oil refining firm Addax Petroleum. Addax said it would be using the new vehicles for the loading of offshore components onto floating production storage and offloading units (FPSOs), which are used in offshore activities for the extraction, storage and loading of crude oil and natural gas on drilling platforms.
Nicolas has delivered an MHD G2 SPE to Nigeria-based oil refining firm Addax Petroleum. Addax said it would be using the new vehicles for the loading of offshore components onto floating production storage and offloading units (FPSOs), which are used in offshore activities for the extraction, storage and loading of crude oil and natural gas on drilling platforms.
Integrated Logistics buys AC 1000
Kuwait rental firm Integrated Logistics has expanded its fleet and lifting capabilities with the acquisition of a Terex AC 1000 all terrain. The crane is the largest all terrain in Integrated Logistic’s 400-crane fleet.
Kuwait rental firm Integrated Logistics has expanded its fleet and lifting capabilities with the acquisition of a Terex AC 1000 all terrain. The crane is the largest all terrain in Integrated Logistic’s 400-crane fleet.
Design prize for Terex's next generation crawler
Terex's Superlift 3800 crawler, the 650t capacity successor to its popular CC 2800 series of cranes, has won a local design prize, the Rheinland-Pfalz Design Award.
Terex's Superlift 3800 crawler, the 650t capacity successor to its popular CC 2800 series of cranes, has won a local design prize, the Rheinland-Pfalz Design Award.
J D Neuhaus commissioned for world’s largest observation wheel construction
J D Neuhaus has played a key role in the construction of the world’s largest observation wheel in Las Vegas.
J D Neuhaus has played a key role in the construction of the world’s largest observation wheel in Las Vegas.
