Terex is back, and back with a bang. Buying Genie and Demag puts it firmly in the upper reaches of the lifting industry. Tim Whiteman talked to Ron DeFeo, president of Terex Corporation, about his plans
02.09.2002
Baldwins has filed its US subsidiaries under Chapter 11 of the US Bankruptcy Code.
28.08.2002
Manitowoc Cranes has closed its Wisconsin factory for one week and temporarily laid off 90 workers
26.08.2002
Manitowoc has announced that it completed the acquisition of Grove on August 8.
09.08.2002
Baldwins Industrial Services has reported a loss of £14.3 million in contrast to the previous year's £5.8 million profit
31.07.2002
Terex Corporation has agreed to buy Genie for $75 million. Senior management at Genie will become part of the Terex management team
22.07.2002
A new company headed by Christer Dijnér has been formed to take over Kato Cranes in the UK and Kranlyft in Sweden
16.07.2002
What will Fil Filipov do to Demag? Well, a better question might be: “What is Demag doing to Fil Filipov?” Tim Whiteman reports
28.06.2002
Linamar Corp, Canadian auto components manufacturer, has launched a friendly bid for Skyjack
17.06.2002
Daniel Duclosof Acces Industrie, will tomorrow brief investors on how he plans to deal with a €5.5 million cash flow shortage. Trading in the company’s shares have been suspended
12.06.2002
Kone is attempting to buy Partek, owner of Hiab. Partek's chief executive has resigned.
23.05.2002
Fil Filipov of Terex has masterminded the purchase of Demag Mobile Cranes for a reported US$150 million and is returning to his position as boss of Terex Cranes worldwide
20.05.2002
Hitachi and Sumitomo are forming a joint venture which will merge their crawler crane operations.
25.04.2002
Manitowoc has reached an agreement to buy Grove for approximately US$270 million. The deal was announced the evening before the Conexpo show started in Las Vegas and was signed at 15.20 on Monday March 18th. It was greeted with amazement and a host of questions by visitors to the Grove and Manitowoc stands the following day.
22.03.2002
Manitowoc has announced its acquisition of Grove Worldwide.
19.03.2002
The Lavendon Group, owner of access platform hire companies Zooom and Nationwide, has released its annual results.
01.03.2002
Shares in Baldwins Industrial Services PLC fell following a warning that results for the year to March 31, 2002 will be “materially” below market expectations
13.02.2002
Mitie Powered Access is from today officially The Platform Company.
12.02.2002
Omniquip Textron has decided to close Snorkel’s German operation and is re-organising its European management structure
14.12.2001
Demag's CEO and president Eberhard Kuhn is to leave the company after 36 years.
03.12.2001
Terex will finally purchase Atlas Weyhausen and is also buying the Schaeff Group. The deal follows a complex arangement in which Terex’s Fil Filipov has for the last few months been “advising” the current owners of Atlas Weyhausen, one of Germany’s largest articulated boom crane manufacturers.
29.11.2001
Genie Industries has announced that it will reduce its workforce by 450 people “in the face of uncertain economic conditions affecting its customers”.
12.10.2001
Baldwins Industrial Services PLC has been hit by a shares value decline of 50%, closing at 6.75p on October 2.
04.10.2001
Grove Worldwide announced today that its restructuring plan has been approved. This clears the way for it to emerge from Chapter 11 in the next few weeks
18.09.2001
