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Giuffre Bros. is now a dealer for the PM line of Knuckle Boom Cranes

Giuffre Bros. is now a dealer for the PM line of Knuckle Boom Cranes

by admin | Feb 5, 2019 | Crane & Lifting News, Manufacturer News

Manitex International, Inc. (Nasdaq: MNTX), a leading international provider of cranes and specialized industrial equipment, today announced the expansion of its articulating crane distribution network with the appointment of Giuffre Brothers as a distributor for the...
Broderson adds Ed Hisrich as new Vice President of Sales

Broderson adds Ed Hisrich as new Vice President of Sales

by admin | Jan 28, 2019 | Crane & Lifting News, Manufacturer News, Workforce News

Broderson Manufacturing Corporation (BMC), a manufacturer of industrial carry deck cranes and down cab rough terrain cranes, has hired a new Vice President of Sales. Ed Hisrich will provide full oversight of Broderson’s Sales and Marketing, Service, Parts and...
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...
Maxim Crane removes tower crane in Lexington, KY with an All Terrain

Maxim Crane removes tower crane in Lexington, KY with an All Terrain

by admin | Jan 18, 2019 | Crane & Lifting News, Equipment & Construction Videos, Equipment Rental News

A tower crane that has been on the site of the City Center development in downtown Lexington, KY  for four years is coming down as work on the project’s three buildings begins to wind down. Work started Thursday on removing one of two tower cranes as Maxim Crane...
Sumitomo introduces the new SCX-3 series, 275-ton crawler with a Stage IV & US Tier 4 Cummins engine

Sumitomo introduces the new SCX-3 series, 275-ton crawler with a Stage IV & US Tier 4 Cummins engine

by admin | Jan 16, 2019 | Crane & Lifting News, Manufacturer News

Sumitomo Heavy Industries Construction Cranes now known as HSC Cranes has announced it has built a high lifting capacity hydraulic crawler crane. Based on the company’s SCX-3 series, the new SCX2800A-3 model keeps the previous machine’s lifting performance and is able...
Jack Lanigan Sr. of Mi-Jack who developed gantry cranes, dies at 91

Jack Lanigan Sr. of Mi-Jack who developed gantry cranes, dies at 91

by admin | Jan 15, 2019 | Crane & Lifting News

Jack Lanigan Sr. was a pioneer in manufacturing cranes, and he went on to expand his businesses into a south suburban industrial conglomerate, incorporating everything from railroads to technology to heavy equipment distribution. “He always felt that when you stopped...
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...
ICTSI takes delivery of four Mitsui Li-ion Hybrid Rubber Tire Gantry Cranes

ICTSI takes delivery of four Mitsui Li-ion Hybrid Rubber Tire Gantry Cranes

by admin | Jan 14, 2019 | Crane & Lifting News, Manufacturer News, Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) said it recently received four new hybrid rubber-tired gantries (RTG) for its flagship port, the Manila International Container Terminal (MICT)https://www.ictsi.com/default. In a statement on Monday, the listed...
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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