11 December 2019

Table of Contents for Ticker Tapes





Equipment

CE SECTOR MOVEMENTS
  • Crane manufacturer Manitowoc’s Chairman, President and Chief Executive Officer Glen Tellock has announced he will step down from the company’s board of directors to pursue other opportunities. The company has appointed board member Kenneth W. Krueger Interim Chairman, President and Chief Executive Officer, with immediate effect. The Manitowoc Board of Directors has initiated a search for a Chief Executive Officer for Manitowoc Cranes.
  • Meanwhile John Garrison is all set to take over as Terex Corporation president and CEO from 1 January 2016 replacing Ron DeFeo. He was previously Bell Helicopter president and CEO. It is reported DeFeo will continue through to the end of 2016 as a consultant for Terex.

 

NEW INITIATIVES AT BAUMA 2016

Bauma, the world’s biggest construction equipment exhibition set to take place in Munich next April has for the first time offered global firms a chance to have a presence at the show without an exhibition booth. It is reported over 700 global construction equipment firms are currently placed on the waiting list. As per the new initiative which costs between €3000 and €5000 per company listing companies can have their name listed in the Bauma directory along with access to a special lounge for appointments and meetings.

 

 

MANITOU OPENS MIDDLE EAST SUBSIDIARY

France-based Manitou which is a major player in the telehandlers space has opened a subsidiary, Manitou Middle East, in Dubai. The company, which has set up offices at Jafza, Jebel Ali Free Zone has announced that though it had been present in the Middle East region for a period of time the recent move was intended to ‘strengthen its local presence and adopt new strategic ambitions’. The region has seen a rash of construction and infrastructure development in recent years and there has been a spurt in housing and architectural projects which are impressive in terms of their scale. The local office will provide all technical and commercial functions, including training, in house.

 

 

EXPANSION FOR KELLEY CRANE FLEET

Kelley Equipment Company has bolstered its range of lifters with the addition of a compact, eight-axle Terex AC 500-2 all terrain crane. The new crane ease of operation allows for the handling of a larger class of projects, which require lifting heavier loads at greater heights. The crane with a carrier length of 56-feet (17.1 m), is one of the most compact eight-axle cranes in its class. It has a working height of 478 feet (145.8 m) through the use of the unit’s luffing fly jib.

 

 

MOBILE CRANE MARKET SET FOR TAKE OFF

The mobile crane market is projected to grow at a CAGR of 6.92 per cent over the period 2015-2019, as per a report by Sandler Research. The growth is expected to be driven by mobile crane market vendors offering fleet management services, including real-time data pertaining to crane operation and fuel consumption.  It is reported the demand will grow due to growing urbanisation and investment in power plant construction.

 

 

HIAB LAUNCHES NEW KNUCKLE BOOM

A new mid-range application crane designed for the German market has been introduced by Hiab. It is reported the manufacturer said Hiab XS 177K has a capacity of 17 ton-metre and offers high load-cycle speeds and high precision. The crane is available in radio remote control (HiPro) or manual control (Pro) versions and has as its target users transport firms handling palletised loads.  The XS 177K has a long first boom and chain-driven extensions, a high operating seat, easy-to-use push buttons on the stabiliser control interface, improved display panels and an electronic safety system.

 

 

VODAFONE TEAMS UP FOR JCB LIVELINK

Vodafone Business Services has teamed up with JCB India to provide machine-to-machine (M2M) solutions for the digger manufacturer’s telematics system Livelink which facilitates remote monitoring of construction equipment while offering information on the service, operation and security of the equipment. It is reported that the M2M solution will help Livelink users to manage the efficiency, maintenance, and health of the equipment, while JCB’s customers will be able to manage idle time, fuel usage and identify small problems leading to unscheduled downtime.

 

 

JCB LAUNCHES SKID STEER LOADER

A new skid steer loader model which can meet the growing requirements of the demolition industry has been introduced by digger manufacturer JCB. The JCB 155 SSL which combines the key strengths of the company’s  conventional range with a package of demolition-specific features performs soft strip tasks inside and ground clearance applications outside.  It has a low operating weight which gives it a free higher lift with minimum machine damage. The 155 SSL is about 16 per cent more fuel-efficient than rival models and possesses a range of features which improve serviceability. Powered by a 42 kW JCB Diesel by Kohler engine the machine has an extensive range of attachments, including specialist tools.

 




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