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Competition, technology and safety are the key drivers in today’s heavy lifting industry

Competition, technology and safety are the key drivers in today’s heavy lifting industry

by admin | Sep 6, 2016 | Constuction & Business News, Crane & Lifting News, Energy News

As industrial owners design vessels and structures that are heavier, taller and in increasingly tighter spaces, the facilitators of their installations—the heavy lifting industry—have learned to adapt and differentiate to remain competitive. This summer, staying lean...
SURVEY: 2/3RDS OF CONTRACTORS EXPERIENCE SKILLED LABOR SHORTAGE

SURVEY: 2/3RDS OF CONTRACTORS EXPERIENCE SKILLED LABOR SHORTAGE

by admin | Sep 1, 2016 | Constuction & Business News, Equipment & Construction Videos, Workforce News

Lack of qualified workers prompts building firms to increase pay and become more efficient. According to Builder Online, Two-thirds of construction firms report they are having a hard time filling hourly craft positions that represent the bulk of the construction...
US construction spending for July comes in at 0.0% vs. 0.5% estimate

US construction spending for July comes in at 0.0% vs. 0.5% estimate

by admin | Sep 1, 2016 | Constuction & Business News

The July Construction spending was flat on the month BUT the prior month was revised much higher at +0.9% vs -0.6% originally reported. So although a shock from the headline, with the revision, you can say it was better than the estimates at least. Private...
Slow demand, Fixed Asset Investment erode Sany’s 1st half net

Slow demand, Fixed Asset Investment erode Sany’s 1st half net

by admin | Aug 31, 2016 | Constuction & Business News, Manufacturer News

SANY Heavy Industry Co, China’s leading machinery manufacturing company, saw its first half year net profit plunge by nearly half as domestic demand and fixed asset investment slowed while its overseas sales were also crimped by a global industry downturn, according...
Caterpillar, Wacker Neuson Mini-Excavator Alliance to be Phased Out

Caterpillar, Wacker Neuson Mini-Excavator Alliance to be Phased Out

by admin | Aug 31, 2016 | Constuction & Business News, Manufacturer News

Caterpillar will shift design and production of its smallest hydraulic excavators to Caterpillar facilities beginning in 2018 as the company phases out a successful, six-year strategic alliance with Wacker Neuson. Caterpillar will focus on growing its global...
New Komatsu VP Promises Pursuit of Progressive Tech

New Komatsu VP Promises Pursuit of Progressive Tech

by admin | Aug 31, 2016 | Constuction & Business News, Manufacturer News, Mining News

Heavy equipment manufacturer, Komatsu America Corp. recently appointed Dan Funcannon as vice president and general manager of the company’s mining division. With extensive experience in the company’s research and development group, Funcannon leaves his current...
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