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Latest Economic Outlook Update
Terex reported in its Q3 results that net income fell to $30.2m in this quarter, a 18.16% decline from $36.9m in the same quarter last year.
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UAE lifting firm Al Faris announced it would purchase USD$50m (€40m) worth of cranes in 2013, enlarging its specialised energy rental fleet.
The programme for Cranes Asia, Cranes Today's annual Singapore-based conference, has just been finalised, with the late addition of regulators from Singapore and Malaysia.
Illinois-based Essex, an American crane rental firm, reported its Q2 2012 results, with equipment sales of $8.6m representing a continued increase, rising 61.4% over the same figure for the period last year.
Facing rising demand for energy and infrastructure work in the US, ALL Erection and Crane Rental bought 17 Manitowoc and Grove Cranes in two packages.
In its latest report, privately-owned Liebherr says it is seeing its fastest growth in Eastern Europe. A new tower crane factory in Russia is helping it meet that demand.