2019 top 10 crane manufacturers

With a combined figure of $27.851 billion, 2019 saw the revenue of the top 20 largest crane manufacturers in the world rise 12.5% – up over US$3 billion compared to 2018’s total ranking $24.832 billion.

Figures used in the ICm20, which were published in November 2019, are from the calendar year 2018 or the 12 month financial year to 31 March 2019 (further details below).

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Terex sells Demag to Tadano

Terex Corporation has agreed to sell its Demag mobile cranes business to Tadano for approximately US$215 million.

Demag CC 3800-1 (002)
The 650 tonne capacity Demag CC 3800-1 lattice crawler crane

The deal, which is subject to regulatory approvals, covers all terrain cranes and large crawler cranes and includes the factory in Zweibrücken, Germany, as well as multiple sales and service locations. The sale is targeted to close in mid-2019. Continue reading “Terex sells Demag to Tadano”