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.
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.
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.
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.
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.
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