by admin | Jul 29, 2016 | Crane & Lifting News, Manufacturer News
• Arabi Enertech K.S.C expands fleet with 13 new Grove cranes with support from leading distributor Equipment Co. W.L.L. • The majority of cranes have been sent to work on oil fields in Kuwait. • The Grove RT530E-2’s main boom is capable of handling the...
by admin | Jul 29, 2016 | Constuction & Business News, Manufacturer News, Workforce News
WAVERLY — Displaced Terex Cranes workers heard about opportunities for the future at the Waverly Civic Center Thursday. According to The Courier, morning and afternoon meetings provided information on unemployment benefits, community assistance, education, retraining...
by admin | Jul 29, 2016 | Constuction & Business News, Manufacturer News
Hedge fund plans to push for change at Terex but doesn’t offer specifics By BOB TITA and MARIA ARMENTAL Two months after Zoomlion abandoned its attempt to acquire Terex Corp., a San Francisco activist investor on Thursday has disclosed a 5.1% stake in the maker of...
by admin | Jul 28, 2016 | Constuction & Business News, Manufacturer News, Mining News, Workforce News
After failing to meet job-creation goals for the past three years, Caterpillar Inc. is requesting amendments to the $10 million economic development deal it struck with Forsyth County in 2011. Journal Now reports, the company is asking the county to lower — from 196...
by admin | Jul 28, 2016 | Crane & Lifting News, Equipment Rental News, Manufacturer News
A specialist division of Kennards Hire, have just acquired some new telehandlers from Dieci, as an addition to their rapidly expanding hire fleet. The versatility of the telehandlers allows the machine to be used for a variety of projects in a variety of industries....
by admin | Jul 27, 2016 | Constuction & Business News, Manufacturer News, Mining News
Caterpillar Inc. said Tuesday it doesn’t anticipate a rebound this year for its construction and mining equipment, as the company shrunk its profit forecast and warned of additional layoffs. WSJ reports, Caterpillar topped second-quarter profit and sales expectations....