Economic Outlook - Page 1
Stay up to date with the latest economic outlook news in the global cranes industryLatest Economic Outlook Update
Terex Q3 2012 results feel EU crunch
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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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.
> read more
Al Faris invests in oil and gas
UAE lifting firm Al Faris announced it would purchase USD$50m (€40m) worth of cranes in 2013, enlarging its specialised energy rental fleet.
UAE lifting firm Al Faris announced it would purchase USD$50m (€40m) worth of cranes in 2013, enlarging its specialised energy rental fleet.
Singapore and Malaysian regulators speak at Cranes Asia
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.
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.
Essex expects more infrastructure and energy work
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.
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.
Kind of a big deal
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.
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.
Eastern Europe leads for Liebherr
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.
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.
