by admin | Oct 26, 2016 | Constuction & Business News, Crane & Lifting News
According to the The NY Daily News the construction industry wants to demolish New York City regulations banning cranes from operating in windy conditions. In papers filed in Manhattan Supreme Court, the group of construction trade organizers and unions says the city...
by admin | Oct 26, 2016 | Manufacturer News
Hyundai’s latest addition to the new HX excavator range, the HX380 L, has an operating weight of 38,920 kg. This machine is one of 13 new Hyundai HX crawler excavators, offering customers an even greater choice with this new weight class. An ideal machine for bulk...
by admin | Oct 26, 2016 | Constuction & Business News, Manufacturer News, Mining News
In the previously announced deal, Joy Global stockholders will receive $28.30 per share in cash for each outstanding share of common stock held at the time of the closing of the transaction. Joy Global Inc. says its shareholders have voted to approve the pending...
by admin | Oct 26, 2016 | Crane & Lifting News, Equipment & Construction Videos, Equipment Rental News, Manufacturer News
A Link-Belt 100-ton (85 mt) HTC-86100 hydraulic truck crane supports a Link-Belt 300-ton (272.16 mt) HC-278H II during erection of a tower crane at L and 20th Street in Washington, D.C. Extreme Steel Crane & Rigging, Inc. of Warrenton, Va. assembles 80 ft. (24.3...
by admin | Oct 26, 2016 | Constuction & Business News, Manufacturer News
The assets of Omega Lift have been sold to Hilco Industrial Acquisitions Canada for an undisclosed sum and auctioned off. The auction included dozens of forklifts of various makes, tools and equipment and Omega Lift’s parts inventory. Toronto insolvency firm KSV...
by admin | Oct 25, 2016 | Constuction & Business News, Manufacturer News
Tokyo, Japan – IHI Corporation (IHI) announced today that it has agreed to transfer all the shares in its wholly-owned IHI Construction Machinery Limited to Kato Works Co., Ltd. The decision is in keeping with IHI Group Management Policies 2016, which adopted a new...
by admin | Oct 25, 2016 | Constuction & Business News, Manufacturer News
WESTPORT, Conn. – Terex Corporation today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port...
by admin | Oct 25, 2016 | Constuction & Business News, Manufacturer News
PEORIA, IL — Caterpillar Inc. reported diminished sales and profit for the third quarter of 2016, once again reducing its annual revenue projection and increasing restructuring costs. By Matt Buedel Journal Star Caterpillar/industry reporter The company additionally...
by admin | Oct 25, 2016 | Constuction & Business News, Manufacturer News
PEORIA, IL — The title “retired Caterpillar Inc. CEO” was almost always attached to Glen Barton’s name in recent years. But the Barton name leaves a mark that goes far beyond the job title. PJStar.com reports, Barton died Monday at age 77. He brought the 6 Sigma...
by admin | Oct 25, 2016 | Constuction & Business News, Crane & Lifting News, Equipment & Construction Videos, Manufacturer News
A total of 58 EC-H series cranes will be used to build the “İstanbul Yeni Havalimanı”. The order for the IGA project consisted of 10 x 154 EC‑H tower cranes, 32 x 280 EC‑H tower cranes and 17 x 200 EC‑H tower...