Economic Outlook - Page 1

Stay up to date with the latest economic outlook news in the global cranes industry

Latest Economic Outlook Update

Terex Q3 2012 results feel EU crunch
29 October, 2012
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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Al Faris invests in oil and gas
Thursday, September 13, 2012 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
Thursday, August 23, 2012 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
Wednesday, August 22, 2012 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
Wednesday, July 25, 2012 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
Thursday, July 12, 2012 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.

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