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ALE has performed the final load-out for the Wikinger OWF Project in Ferrol, Spain.

ALE has performed the final load-out for the Wikinger OWF Project in Ferrol, Spain.

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...
Caterpillar Is Best Performing Dow Stock of 2016 — Up 36%, but machinery sales down

Caterpillar Is Best Performing Dow Stock of 2016 — Up 36%, but machinery sales down

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%...
ALE Heavy lift installs first gas turbine set for Jamex Project in UAE

ALE Heavy lift installs first gas turbine set for Jamex Project in UAE

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...
Manitex sells  maker of Reach Stackers, CVS Ferrari subsidiary for $5 million

Manitex sells maker of Reach Stackers, CVS Ferrari subsidiary for $5 million

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...
Intergrated Logistics adds huge package of new Terex Cranes

Intergrated Logistics adds huge package of new Terex Cranes

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...
Forbes names Terex, Deere and Cummins to The Just 100: America’s Best Corporate Citizens 2016 RANKING

Forbes names Terex, Deere and Cummins to The Just 100: America’s Best Corporate Citizens 2016 RANKING

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...
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