Cranes Today

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Cranes Today

 •  December 5, 2017

Palfinger has expanded its product portfolio in the heavy-duty crane segment with the introduction of the PK 135.002 TEC 7. The new model is 2,000kg lighter than the PK 150002, and offers up to 35% higher lifting capacity when used with the fly jib. Two choices are available when it comes to choosing the carrier vehicle for the PK 135.002 TEC 7. A...

Cranes Today

 •  November 20, 2017

Bigge Crane and Rigging has expanded its Tadano sales market, and is now able to sell the equipment in New Mexico, Arizona, Utah and Colorado. Bigge has over 100 pieces of Tadano equipment in its nationwide rental fleet, and actively uses each piece of equipment servicing various industries. Last month, Tadano and Bigge celebrated the delivery of...

Cranes Today

 •  November 20, 2017

The Italian manufacturer of minicranes and other lifting solutions Jekko has started a collaboration with the Swedish company Hüllert Maskin to set up Svenska Jekko. Based in Vara, Hüllert Maskin has more than 70 years’ experience in the construction field, being already the official dealer for Merlo in Sweden and efficiently provides a great...

Cranes Today

 •  November 15, 2017

Italian tower crane manufacturer Recom Moritsch has named Toronto-based crane dealership Concrane as its exclusive distributor in Ontario, Canada. The Moritsch family has a strong reputation within the industry, as Ferruccio Moritsch was the creator and founder of Comedil, a brand which was acquired by Terex. According to Mariano Moritsch, the...

Cranes Today

 •  November 6, 2017

After achieving record revenue in the first-half of the year, Palfinger recorded €1,093.1m of revenue in the first nine months of the year, setting a new record for the reporting period. Operating profitability rose 12.6% year-on-year to €147.6m. In the first three quarters of 2017, revenue in Palfinger’s ‘Land’ segment increased by 5.5%...

Cranes Today

 •  November 6, 2017

Terex’s cranes segment’s sales revenue was $301.9m in the third quarter of 2017, up from $282.8m in the same period of the previous year. In the nine months to the end of September revenue stood at $869.6m, marking a $78.9m fall year-on-year. Operating loss for the crane division was cut to $19.6m from $41.5m recorded in the first nine months of...

Cranes Today

 •  October 9, 2017

Thomas Schramm has returned to Terex Cranes as vice president sales and product support, EMEAR, after a seven-year stint at Tadano Faun. Schramm began his career in the crane industry with Demag in 1987. Throughout his career at Demag and Terex, he held several sales positions, including director international sales before leaving in 2010. Prior to...

Cranes Today

 •  August 17, 2017

The boom truck crane market was negatively affected by the recent fall in oil prices, but spirits are high. Sotiris Kanaris reports. For decades boom trucks have been an important segment of the US crane industry, having gained popularity through their robustness and reliability. Owners appreciate that these cranes, being on a commercial truck...

Cranes Today

 •  August 15, 2017

Terex Cranes’ sales revenue was $303.8m in the second quarter of 2017, down from $357.4m in the same period in the previous year. Despite this fall, the crane division generated $14.5m profit, compared to the $12.8m loss witnessed in Q2 2016. Over the first half of the year, Terex Crane sales revenue stood at $567.7m, $97m less than the...

Cranes Today

 •  August 15, 2017

Truck and knuckle boom crane manufacturer Manitex has reported $51.6m net revenues for the second quarter of 2017. This was 29.5% higher than the first quarter, and 6% higher compared to the same period in 2016. During the earnings call, transcribed by Seeking Alpha, CFO and SVP Michael Schneider said: “The revenue increase was primarily related to...