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Sydney’s tower crane count has big impact on New South Wales economy in Australia

Sydney’s tower crane count has big impact on New South Wales economy in Australia

by Max Daman | Apr 12, 2019 | Constuction & Business News, Crane & Lifting News

The number of tower cranes in the Sydney skyline has dropped since its peak in 2017, having a major influence on the level of confidence in the NSW economy. Sydney’s crane construction count has again eased a tad from its 2017 peak. Not too significantly, but it does...
Manitowoc is poised for growth which bodes well for the MTW stock

Manitowoc is poised for growth which bodes well for the MTW stock

by admin | Mar 1, 2019 | Constuction & Business News, Crane & Lifting News, Manufacturer News

The Manitowoc Company Inc. Manitowoc MTW is poised for growth backed by product innovation, focus on cost controls and pricing actions. Also, the recent improvement in its order activity signals improvement in the general crane market, which bodes well for the...
Terex (TEX) Given a $37.00 Price Target at Barclays

Terex (TEX) Given a $37.00 Price Target at Barclays

by admin | Jan 25, 2019 | Constuction & Business News, Crane & Lifting News, Manufacturer News

Barclays set a $37.00 price target on Terex (NYSE:TEX) in a research report sent to investors on Wednesday morning. The firm currently has a hold rating on the industrial products company’s stock. Other analysts have also recently issued reports about the company....
Crawler Crane manufacturers focus on technological improvements

Crawler Crane manufacturers focus on technological improvements

by admin | Jan 18, 2019 | Constuction & Business News, Crane & Lifting News

The demand for crawler cranes remains highly influenced by resurgence of construction activities across both developed as well developing regions. Considerable growth in power distribution industry in combination with rising demand for port maintenance activities are...
Hackers in Italy take over remote crane controls and operate cranes

Hackers in Italy take over remote crane controls and operate cranes

by admin | Jan 15, 2019 | Constuction & Business News, Crane & Lifting News, Equipment & Construction Videos

Federico Maggi will never forget the first time he saw a crane being hacked. Last March, he was on a strange kind of road trip. Traveling the Lombardi region of Italy with his colleague Marco Balduzzi in a red Volkswagen Polo, the pair hoped to convince construction...
Manitowoc Company Inc Shorts Reduced By 17.35% As Of Jan 10, 2019

Manitowoc Company Inc Shorts Reduced By 17.35% As Of Jan 10, 2019

by admin | Jan 10, 2019 | Constuction & Business News, Crane & Lifting News, Manufacturer News

According to Enbulletin, Big Money Sentiment increased to Infinity in 2018 Q3. It has change of Infinity, from 2018Q2’s 0. The ratio increased due to The Manitowoc Company, Inc. positioning: 0 sold and 0 reduced. 1 funds acquired stakes and 0 increased stakes....
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