Wacker Neuson hit hard by pandemic

Wacker Neuson Group_Headquarter_Munich
Wacker Neuson group Headquarters in Munich, Germany

Wacker Neuson has released its financial results for the third quarter of the year, showing a 16.5% fall in revenue, compared with the same period in 2019.

The Munich-headquartered light and compact equipment manufacturer said it was “clearly feeling the effects of Continue reading “Wacker Neuson hit hard by pandemic”

Liebherr launches 150 tonne mobile crane

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”

Wheeled loaders: A healthy load

The European wheeled loader market is relatively buoyant, according to specialist market research and forecasting company Off-Highway Research, with sales of machines over 60kW currently running at just above 10,000 units per year in Western Europe – the best demand has been since the global financial crisis a decade ago.

wheel loader
Danfoss offers product, system and design solutions, specifically engineered for wheeled loaders

This puts the value of the market at some US$2.15 billion (€1.9 billion).

Within Europe, the major markets are largely what one would expect – Germany accounts for some 25% of demand and, together with France, Italy and the UK, these big four represent about 60% of regional sales. Continue reading “Wheeled loaders: A healthy load”

Bell Equipment’s German factory expansion on track

Extension of company’s Eisenach-Kindel facility on track for completion in mid-2019

Eisenach factory
Eisenach factory

The extension of Bell Equipment’s Eisenach-Kindel facility in Germany, the company’s European articulated dumptruck (ADT) assembly plant, is now fully under way.

Scheduled for completion in mid-2019, the Phase II Continue reading “Bell Equipment’s German factory expansion on track”

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”),

Toni Kiesel, President of KTEG (left) and Hideshi Fukumoto (right), Vice President and Executive Officer of Hitachi Construction Machinery sign for establishment.

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.

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The LX2 is not yet commercially available

The electric compact wheel loader prototype is said to deliver zero emissions, significantly lower noise levels, improved efficiency and reduced operational costs, compared to its conventional counterparts.

The LX2 is a second- Continue reading “Volvo unveils electric compact wheeled loader”