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Saudi Arabia Construction Equipment Rental Market Poised to Grow at a CAGR of Over 10% During 2016-2021

Saudi Arabia Construction Equipment Rental Market Poised to Grow at a CAGR of Over 10% During 2016-2021

by admin | Apr 29, 2016 | Constuction & Business News, Heavy Machinery News

Anticipated stabilization of crude oil prices along with bullish outlook towards construction and infrastructure sectors of Saudi Arabia to drive the country’s construction equipment rental market In 2015, Saudi Arabia emerged as the largest exporter of oil,...
Enerpac Autonomous SyncHoist system enhances lift and shift precision

Enerpac Autonomous SyncHoist system enhances lift and shift precision

by admin | Apr 29, 2016 | Crane & Lifting News, Equipment & Construction Videos, Manufacturer News

A wireless-controlled hydraulic load hoisting and positioning system being introduced by Enerpac Australasia enables a single crane to precisely position heavy and unbalanced loads weighing hundreds of tons. The SHAS Series Synchronous Hoist System – the latest in a...
National Petroleum Construction Company Selects Enerpac Skidding System

National Petroleum Construction Company Selects Enerpac Skidding System

by admin | Apr 29, 2016 | Crane & Lifting News, Equipment & Construction Videos, Manufacturer News

Enerpac will be building a Skidding System for NPCC to perform various platform load outs. The Skidding System will include four gripper jacks with a push and pull capacity of 3200 metric tons. The system will be used for various load-out activities, including the...
Komatsu Warns of Dwindling Profits on Yen, China Slowdown

Komatsu Warns of Dwindling Profits on Yen, China Slowdown

by admin | Apr 28, 2016 | Constuction & Business News, Manufacturer News

Hitachi Construction CFO says market won’t bottom until 2017 Japanese companies follow Caterpillar in cutting forecasts Komatsu Ltd., the world’s No. 2 maker of construction and mining equipment, said net income could drop by a third this year as demand flags...
3 Hitachi EH1100-5 dump trucks for Global Minerals in Borneo

3 Hitachi EH1100-5 dump trucks for Global Minerals in Borneo

by admin | Apr 28, 2016 | Manufacturer News, Mining News

Hitachi Construction Machinery (Malaysia) Sarawak made history yesterday by delivering three units of new Hitachi EH1100-5 to the proud owner, Global Minerals (Sarawak) Sdn Bhd. Towering more than four metres high and weighing 45.5 tonnes (nominal payload 63.5 tonnes...
Hiring in construction equipment manufacturing picks up in India

Hiring in construction equipment manufacturing picks up in India

by admin | Apr 28, 2016 | Constuction & Business News, Manufacturer News, Workforce News

NEW DELHI: Hiring activity in the construction equipment manufacturing industry is finally picking up after a three-year slowdown which impacted the industry’s performance. Riding on an anticipated growth due to the revival of road and infra projects, the...
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