by admin | Jan 2, 2017 | Constuction & Business News, Energy News
ALE Heavy Lift was contracted to undertake a variety of services for the Wikinger project across two project sites, Cadiz and Ferrol in Spain. ALE Heavy Lift performed the first 625-ton jacket load-out for the Wikinger Offshore Wind Project in Spain The scope in...
by admin | Dec 31, 2016 | Constuction & Business News, Manufacturer News
For the best-performing stock among the Dow 30 industrials, Caterpillar Inc. (NYSE: CAT) does not have a lot to shout about when it comes to retail sales. In its monthly retail sales report filed Tuesday, the company said global sales of all its machines dropped 17%...
by admin | Dec 31, 2016 | Constuction & Business News, Energy News
ALE’s Middle East branch has installed the first gas turbine set for the new Jebel Ali M Station Expansion (JAMEX) project, UAE. The set comprised of a gas turbine, weighing 310t, and a gas turbine generator, weighing 327t. They were received in Jebel Ali port onto 24...
by admin | Dec 28, 2016 | Constuction & Business News, Manufacturer News
Crane and specialized equipment manufacturer Manitex International said it has sold its CVS Ferrari subsidiary to Italian companies BP and NEIP III for $5 million in cash, and the assumption of $14 million of net CVS debt. The purchasers are privately-held...
by admin | Dec 28, 2016 | Constuction & Business News, Crane & Lifting News, Manufacturer News
In a massive fleet expansion, logistics provider in Kuwait – Integrated Logistics Company – has taken delivery of a new Demag CC 3800-1 crawler crane, 20 Terex AC 100/4L all terrain cranes and 10 Terex Explorer 5600 all terrain cranes The Demag CC 3800-1 lattice boom...
by admin | Dec 26, 2016 | Constuction & Business News, Manufacturer News
Congratulations to Terex, John Deere and Cummins on being the only three companies named to the “The Just 100: America’s Best Corporate Citizens in 2016!” by Forbes from the Machinery Industry. The top 100 companies are considered to be the best in corporate...