Terex Corporation has agreed to sell its Demag mobile cranes business to Tadano for approximately US$215 million.
Terex sells Demag to Tadano
Category: Announcement
Hitachi accelerates rental programme
Hitachi Construction Machinery (Europe) NV is to accelerate the growth of its dealer rental initiative in Europe after a successful first year in which 375 machines have entered dealer fleets.
Under its ‘Premium Rental’ programme, Hitachi is buying machines and providing them to dealers to offer for medium and long term rentals. The programme was started in Spring last year. Continue reading “Hitachi accelerates rental programme”
Manitou to debut compact telehandler
Manitou North America is debuting a super-compact Gehl RS4-14 telehandler at World of Concrete this week.
The machine is just under 60 inches wide and 75 inches tall and is the most compact model in the Gehl lineup. It boasts a maximum lift capacity of 4,400 pounds, lift height of 14 feet, 3 inches and outreach of 9 feet. The Gehl RS4-14 telescopic handler has four-wheel drive, Continue reading “Manitou to debut compact telehandler”
Volvo CE to go electric on smaller machines
Volvo Construction Equipment (Volvo CE) has revealed that, by mid-2020, it will begin to launch a range of electric compact excavators (EC15 to EC27) and wheeled loaders (L20 to L28) and stop new diesel engine-based development of these models.
The company said that the move was being made following a positive reaction from the market after the successful unveiling of a number of concept machines in recent years, and by working closely with customers.
The first machines will be unveiled at the Continue reading “Volvo CE to go electric on smaller machines”
Dana acquires SME Group
Vehicle transmission and component company Dana Incorporated in the USA has completed the acquisition of Italian electric motor manufacturer SME Group.
Headquartered in Arzignano, SME designs and builds low-voltage AC induction and synchronous motors, inverters, and controls for off-highway vehicles, including material handling, construction and agricultural equipment. Continue reading “Dana acquires SME Group”
Wacker Neuson enter heavy-duty loader market
WACKER Neuson are entering the heavy-duty wheel loader market with the launch of the 10-ton WL95.
Available from January 2019, the new model is equipped with the latest ecospeedPRO transmission and features two engine versions to meet the current emissions standards.
The development of the WL95 loader was in response to customer Continue reading “Wacker Neuson enter heavy-duty loader market”
Vögele re-categorises range
Wirtgen group company Joseph Vögele is restructuring its range of road pavers and screeds, dividing its range into two categories – the Premium Line and the Classic Line.
The company will also be subdividing its products into up to five classes within those lines.
The new Classic Line is for pavers equipped with the ErgoBasic operating concept, which Vögele said was “extremely easy-to-use”. Continue reading “Vögele re-categorises range”
Establishment of a Joint Venture Company to Develop Electric Construction Machinery for European Market
Tokyo, Japan, October 1, 2018 — Hitachi Construction Machinery Co., Ltd. (TSE: 6305; “Hitachi Construction Machinery”) today announced it has formed an agreement with KTEG Kiesel Technologie Entwicklung GmbH (President: Toni Kiesel; “KTEG”),
the group company of European Hitachi Construction Machinery’s distributor Kiesel GmbH (President: Toni Kiesel), to establish a new company
for developing electric construction machinery and the special application products for further expansion of the European market. Continue reading “Establishment of a Joint Venture Company to Develop Electric Construction Machinery for European Market”
Volvo unveils electric compact wheeled loader
Volvo Construction Equipment (Volvo CE) has unveiled its latest concept machine – known as the LX2 – at the Volvo Group Innovation Summit in Berlin, Germany.
The LX2 is a second- Continue reading “Volvo unveils electric compact wheeled loader”