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Fassi becomes majority owner of Swedish crane manufacturer Cranab Group

Fassi becomes majority owner of Swedish crane manufacturer Cranab Group

by admin | Jul 12, 2016 | Constuction & Business News, Crane & Lifting News, Manufacturer News

Fassi, one of the world’s largest manufacturers of cranes for trucks, becomes the majority owner of the Cranab group with the subsidiaries; Vimek, Bracke Forest and Slagkraft, through the acquisition of Z-forestab´s ownership stake in the company. Z-forestab, a...
Thank Brexit for 50% increase in export sales at recent Cheffins Machinery Auction

Thank Brexit for 50% increase in export sales at recent Cheffins Machinery Auction

by admin | Jul 11, 2016 | Heavy Machinery News

Despite Brexit woes throughout other areas of the agricultural industry, European buyers were taking advantage of the weakening pound at the Cheffins sale and making the most of the bargains on offer at what is traditionally a quieter time of year. The sale, which...
Barclays Warns Investors To Stay Out Of U.S. Machinery This Summer

Barclays Warns Investors To Stay Out Of U.S. Machinery This Summer

by admin | Jul 11, 2016 | Manufacturer News

Barclays provided its outlook on U.S. machinery, recommending investors to avoid buying the group this summer. The analysts reduced their 2017 estimates on the sector by 7 percent on average, stating there is no stability in machinery earnings yet, and they expect...
May drop in Japan machinery orders shows investment continuing to lose steam

May drop in Japan machinery orders shows investment continuing to lose steam

by admin | Jul 11, 2016 | Constuction & Business News, Manufacturer News

Japan’s machinery orders fell unexpectedly in May as a strong yen and weak demand eroded corporate profits and spending plans, a sign the economy is struggling to attract the investment it needs to sustain growth.  The trend continued from Aprils drop in orders....
UK’s A-Plant expands its telehandler fleet to nearly 1,600 machines

UK’s A-Plant expands its telehandler fleet to nearly 1,600 machines

by admin | Jul 11, 2016 | Crane & Lifting News, Equipment Rental News, Manufacturer News

Following substantial investment in its telehandler fleet, UK plant hire company A-Plant has nearly 1,600 machines from 4m to 18m, at an average age of under two years. According to World Highways, A-Plant’s telehandlers have been purchased from JCB and other leading...
Kobelco to demonstrate latest End of Life car stripper for the recycling industry UK’s upcoming Complete Auto Recycling & Secondary Materials (CARS) trade show

Kobelco to demonstrate latest End of Life car stripper for the recycling industry UK’s upcoming Complete Auto Recycling & Secondary Materials (CARS) trade show

by admin | Jul 11, 2016 | Manufacturer News

United Kingdom: Japanese excavator specialist Kobelco will make its debut at the UK’s upcoming Complete Auto Recycling & Secondary Materials (CARS) trade show. The company will be showcasing its SK210D-9 car dismantling machine in the demonstration area of the...
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