Trends and changes4 February 2009
As London ground to a halt in the wake of heavy snowfall early this week, it was business as usual in an equally frosted Finland, where the world's biggest factory crane company issued its latest financial statement.
In it, Konecranes president and CEO Pekka Lundmark summed up the marketplace frankly: "The year 2008 goes down in Konecranes' history as one of extremes... During the year our share lost half of its value and the year ended with market uncertainty not seen for a long time."
More news on that will be posted live online later today.
Meanwhile, Progressive Media Publishing has announced some changes to its cranes group editorial team.
I have included an extract from an internal company communication which, importantly, outlines that I will retain responsibility for the group's factory crane titles, despite being promoted to the role of Group Editor, which includes the editorship of the group's construction crane title, Cranes Today.
John Band, director of content, said: "First of all, sadly we’re going to be losing Cranes Group Editor Will Dalrymple, who's heading downstairs to run Nuclear Engineering International for Progressive Media Markets. Thanks very much to Will for the massive contribution he’s made to our cranes titles over the last few years.
"Richard Howes, currently editor of Hoist and OCH, will be promoted into the role of Cranes Group Editor, retaining responsibility for those titles and taking over Cranes Today and the Middle East Cranes conference (among many other things we do in cranes…). Many congratulations to Rich on this well-deserved promotion, which follows a very successful time running Hoist and building OCH into a major title..."
Rest assured, you will be kept abreast of any further staffing developments as the new editorial team takes shape over the next month or so.
Richard Howes, Editor