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On 23 May Terex Corporation said it completed the sale of 7 million Konecranes Plc shares, constituting 8.9 percent of the Finnish crane maker’s outstanding shares.
The price was €37.40 per share, 0.9 % less than the closing price on 23 May. The Konecranes board of directors had two members from Terex, David Sachs and Oren Sha..
Using input from Demag customers as the foundation, Terex Cranes announces multiple product updates to the Demag® AC 100-4L all terrain crane. One of the most compact cranes in the 100-t (120-US-ton) class, the redesigned AC 100-4L crane features a new design that improves lifting performance, especially when working at steep main boom posit..
Norwegian rental company Nordic Crane Vest, part of Crane Norway Group, has taken delivery of a 650 tonne Demag CC 3800-1 lattice crawler crane. The CC3800-1 can lift its maximum capacity at 12 metres radius and take 110 tonnes to a height of 120 metres.
Japanese lifting equipment manufacturer Tadano has announced its financial results for the fourth quarter of the 2016 financial year (ending 31st March, 2017). Total sales fell to 179,676 million yen, down 14.2% from the previous fiscal year. Sales outside of Japan accounted for 43.1% of all sales.
According to Tadano, decreased sales an..
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