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Stay up to date with the latest financial news news in the global factory crane industry

Port of West Sacramento adds LHM 420 for container handling
Monday, January 16, 2012 The US Port of West Sacramento has bought a new Liebherr LHM 420 mobile harbour crane to enable it to handle intermodal containers for import and export beginning 2012.
Hoist UK opens demo room
Thursday, January 12, 2012
Konecranes cuts costs in Europe
Tuesday, January 10, 2012
Westinghouse’s industrial crane donation to aid nuclear crane design
Wednesday, December 14, 2011 This December, Westinghouse Electric Company’s subsidiary PaR Nuclear donated two 30t industrial cranes and training equipment to train engineering students at the University of North Carolina’s Energy Production and Infrastructure Center (EPIC) in Charlotte.
Mike Murphy appointed CEO of J R Clancy
Tuesday, December 13, 2011
Demag secures first harbour crane order from Papua New Guinea
Wednesday, December 07, 2011 Demag Cranes has delivered its first mobile harbour cranes to Papua New Guinea after receiving an order for four Gottwald G HMK 6407 Model 6 cranes from PNG Ports Corporation.
Columbus McKinnon Lodestar redesigned for a quick fix
Monday, December 05, 2011 Columbus McKinnon has announced that it is adding new features and design improvements to its Lodestar Electric Chain Hoist for easier maintenance.
Two new appointments at Magnetek’s material handing business unit
Monday, December 05, 2011 Controls manufacturer Magnetek has announced two appointments within its material handling business unit, Norman Davis is now business development manager for remote controls and John Holland becomes a manufacturer’s representative.
Engineered Systems streamline admin with Field ID
Friday, December 02, 2011 Field ID have signed a contract with US materials handling firm Engineered Systems to provide RFID tags for crane, trolley and hoist components for use with its cloud-based inspection system.
Speedy goes for growth with NDA lifting equipment contract
Tuesday, November 29, 2011 Speedy Hire has been awarded a three-year contract by the UK Nuclear Decommissioning Agency (NDA) to supply lifting equipment for maintenance work at nuclear processing sites on the NDA’s estate.
Mining hoist goes from ABB to Xstrata Zinc
Monday, November 28, 2011
Konecranes sales and order growth overshadows disappointing profits
Tuesday, November 22, 2011 Konecranes posted third quarter results showing a 24% drop in operating profits, despite a healthy 14.6% increase in sales and a 53% increase in Konecranes’ order book year on year, as expansion costs bit at the Finnish multinational’s service division.
Columbus McKinnon grows in emerging markets
Tuesday, November 22, 2011 Pursuing a strategy for growing in multiple emerging markets, specifically in Latin America, Eastern Europe, China and the rest of Asia, Columbus McKinnon reported net sales of $149.9m in the second quarter of fiscal 2012, and said it had sufficient capitalization to materialize its acquisition strategy.
Parker Hannifin launches V14 110 and 160 variable speed bent-axis motors
Tuesday, November 22, 2011 Parker Hannifin announced that it has launched a new range of hydraulic motors for crane, winch and hoist drives, intended for high performance applications. The Cleveland-based company makes motion and control technologies, including motors.

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