Monday, September 25, 2017

TICKER TAPE: EQUIPMENT

CAT-TATA CAPITAL FINANCE TIE UP  

Caterpillar’s Financial Products Division and Tata Capital Financial Services Limited (TCFSL), a wholly owned subsidiary of Tata Capital Limited, the financial services arm of the Tata Group, have tied up to offer customers finance options for purchasing Cat equipment at all its dealership stores. It is reported through this arrangement prospective equipment buyers will be offered beneficial quotes and credit approval turnaround. Both the parties are looking to benefit by tap their extensive dealer and branch network. The arrangement, covering all dealer territories of Caterpillar India, will support the sale of Cat® machinery to customers in India

 

ELECTRIC SCISSOR FROM HOLLAND LIFT

Holland Lift will reportedly launch a 33 m working height full electric scissor next year. The HL-330 will come with a 1.2 m x 6.4 m wide platform with a length of 6.4 m. It is reported the unit with a transport size of 6.6 m x 1.4 m will be endowed with a 2 m basket extension, a capacity of 600 kg and will weigh 24 tonne. Power will come from a 804 Ah (80 v). The company has previously introduced a 3 m wide fully electric machine. The new electric scissor is Holland Lift’s first hybrid machine and follows the company’s most recent launch, the 27 m working height M-250HYL254WD/P/N at APEX. It is Holland Lift’s first hybrid machine, has a 1000 kg capacity and can drive at full height and weighs 25 tonnes.

 

ATN FOR CRAWLER WITH OUTRIGGERS

French equipment manufacturer ATN is looking to add a 23 m model with outriggers to its existing crawler range. The crawler being designed with the rental market in mind has easy-to-use control system as witnessed in the company’s other products. The new machine will have a 1.2 m width, which will make it wider than a standard door in a residential property. The model will not be used in residential properties but in buildings with wider doors like gymnasiums. The prototype of the new machine will be ready in 2015 and will be followed by a 17 m model afterwards.  The manufacturer already produces the 8.1 m working height PIAF 810 vertical mast, but this new product wil be its first foray into a platform with outriggers.

 

BAJAJ TO EXIT CE FINANCING

Owing to decline in profitability over the last 18 months Bajaj Finance has opted to walk out of the construction equipment financing business. Low ticket sizes with the average of loan standing at Rs 18-19 lakh coupled with low margins has reportedly served as a deterrent for the Pune-headquartered firm’s CE finance business. Its gross non-performing assets ratio for the construction equipment segment has been around 4.5 per cent. Incidentally Bajaj Finance has been offering loans under the construction equipment financing are for asset purchases like earthmovers and concrete mixers.

 

JCB UK BAGS 1000 MACHINE ORDERS

Global digger manufacturer JCB has secured an order for more than 1,000 machines from one of the UK’s major plant hire firms. A-Plant has bought a fleet mainly consisting of mini and midi excavators and JCB Loadalls, as well as rough terrain forklifts, Teletruks and 3CX backhoe loaders worth £35 million. The plant hire company has also ordered a number of JS130 tracked excavators from JCB The deal comes on the back of 800 machines ordered by A-Plant last year and a further 550 in 2012.

 

ANACONDA DEBUTS WITH CRUSHER

Anaconda which manufactures a range of mobile screens and stackers has come up with its first mobile jaw crusher. The 26 tonne J960 ECO jaw crusher reportedly has a maximum throughput of150 tonnes/hour. Among the new machine’s features are a 0.9 x 0.6 m jaw opening, a dirt belt, magnet and dual power as standard. Power comes via a 100 kVA Fogo F1100 and an Iveco diesel delivering 87 kW (117 hp). The J960 features a discharge height of 2.8 m, a ground clearance of 0.25 m and a feed height of 3.3 m. When configured for transport, it is 11.4 m long, 3.3 m high and 2.5 m wide.

 

GENESIS GRAPPLER NOW IN 10 SIZES

Genesis Equipment has extended its range of grappler products to 10 sizes. The range of products – available from 0.4 to 1.9 cubic m – is designed to be used with 20 to 80 tonne material handlers for various applications. These grapplers are intended to reduce maintenance, improve durability, lower operating costs and enhance safety, Each model features identical hardened steel bearings with dust seals at all pivot points to block out contaminants not to mention a heavy-duty cylinder guarding system which  protects the cylinders and internal components.

 

GATES SHOPPE IN KAKINADA

Gates India Pvt Ltd, India’s premier brand in Hose Assemblies and Belt Drive Conversion, has announced the inauguration of another Gates Shoppe in Kakinada. The Gates Shoppe outlet introduced in association with M/s Rank Hydraulics will function as a one-stop shop for all those wishing to buy innovative products from the company which can reduce their machine downtime, resulting in overall business profitability. The products available here include hose assemblies, belt drive systems and complimentary products like adaptors, clamps tube fittings, ball valves. The company is planning to open 20 more outlets across India by 2015.

 

KOMATSU LAUNCHES ECO WHEELED LOADER

A compact eco wheeled loader has been introduced by Komatsu in Europe. The WA100M-7 has a Komatsu SAA4D95LE-6 engine which is EU Stage IIIB/EPA Tier 4 interim emission certified and offers a net power of 66kW. It is reported the environmentally-friendly engine decreases fuel consumption by approximately 10 per cent as compared to the previous version. The compact wheeled loader weighs 7 tonnes is also very user friendly – it has improved operator comfort, visibility, safety and product specifications. According to the manufacturer the product been designed for tough construction applications and can work well in confined spaces.

 




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