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Machines built to move large amounts of heavy materials can still be both refined and intelligent…
It’s fair to say that compact excavators have received the lion’s share of press attention in recent years – largely due to the sudden proliferation of zero- Continue reading “Excavators: A closer look at bigger diggers”
Liebherr launched the LTM 1150-5.3 on 20 October 2020As a 150 tonner, the new LTM 1150-5.3 wheeled mobile telescopic crane joins the Liebherr range above the also-new 120 tonne capacity LTM 1120-4.1 introduced in April 2020.
In the range immediately above the latest model is the now 180 tonne capacity LTM 1160-5.2. The new LTM 1150-5.3 replaces the 130 tonne capacity LTM 1130-5.1 of Continue reading “Liebherr launches 150 tonne mobile crane”
A combination agreement has been signed today, 1 October, to merge crane manufacturers Cargotec and Konecranes.
Combined annual sales of the new company will be around € 7.0 billion. Continue reading “Cargotec and Konecranes to merge”
Crane manufacturer Tadano Group has started a programme to restructure its Tadano Demag and Tadano Faun operations in Germany.
Consultations between Tadano Ltd, Tadano Demag, Tadano Faun and professional advisors led to the filing for Protective Shield Proceedings (Schutzschirmverfahren) in Germany. Continue reading “Tadano initiates restructuring”
Caterpillar’s latest financial results have revealed that the company’s construction industries segment saw total sales of just over US$4 billion in the third quarter of 2020, a decrease of US$1.2 billion – 23% – compared to the third quarter of 2019. Continue reading “Caterpillar reports 23% fall in construction sales”
