Caterpillar has reported full year sales down 37%, while profits plunged 87.5%
28.01.2010
Harsco Infrastructure has reported full year revenues down 25% while profits fell 63%.
A new or maybe not quite so new, UK lifting services company has been formed headed by Paula Rowe.
27.01.2010 11
Terex AWP has sold its power buggy and generator product lines in order to focus on Genie products.
26.01.2010
Crane and access manufacturer Palfinger has reported a return to profit in the fourth quarter of 2009.
25.01.2010
Italian manufacturer Isoli, has reported a strong year for its aerial lift business particularly in France.
22.01.2010
Tat Hong, has incorporated its latest JV in China- Si Chuan Tat Hong Zheng Machinery Construction
21.01.2010
Manitowoc is planning to refinance some of its long term debt by issuing $400 million of senior unsecured notes
16.01.2010
Las Vegas based Ahern rentals has agreed amendments to its credit lines and raised a further $95 million.
15.01.2010
The major shareholder in Tat Hong the Singapore based crane company, has increased its holding to almost 48%
Parts & service specialist IPS has formed a JV company with Snorkel to handle product support in Australia.
11.01.2010
Italy has appealed against publication of the new loader crane standard EN1299-2009.
10.01.2010
UK based rental company Kimberly Access is opening a second London location this month.
07.01.2010
RB cranes & Priestman Grabs, are now trading as a division of Delden-CSE, in Selston, Nottinghamshire, UK.
Cargotec has sold its US based hydraulic cylinder manufacturing business, Waltco Hydraulics to Ligon Industries.
We have had a number of calls concerning PSS, the UK lifting and training company owned by the Rowe family.
06.01.2010
Manitex, the boom truck and RT forklift manufacturer has acquired Load King Trailers from Terex.
04.01.2010
Chinese based crane and construction equipment manufacturer XCMG, is planning to raise 5 billion yuan ($733 million) through the sale of new shares.
30.12.2009
A second law firm has filed a law suit against Terex for possible securities violations.
28.12.2009
Finnish based international rental company Cramo, is taking a €22 million asset write down.
27.12.2009
Finnish contractor Oka Oy has signed a five-year rental agreement with Ramirent Finland.
24.12.2009
Hewden, one of the UK’s largest rental companies has restructured its senior management team.
23.12.2009
The law firm of Izard Nobel has announced that it has filed a lawsuit seeking class action status against Terex.
22.12.2009
Tanfield has announced that it is appointing a new chairman to replace Roy Stanley who will step down in January.