Asia - Page 2
Stay up to date with the news updates from Asia.
Terex receives EU clearance to buy Demag Cranes AG
Terex has announced that the European Commission, the EU body responsible for enforcing competition law, has approved its merger with Demag Cranes AG. The purchase offer will go ahead next week.
Terex has announced that the European Commission, the EU body responsible for enforcing competition law, has approved its merger with Demag Cranes AG. The purchase offer will go ahead next week.
Cargotec and RHI establish joint venture in China
Cargotec has announced it is planning a joint venture with one of its Chinese suppliers, Jiangsu Rainbow Heavy Industries (RHI), to further establish its products in China’s lifting market.
Cargotec has announced it is planning a joint venture with one of its Chinese suppliers, Jiangsu Rainbow Heavy Industries (RHI), to further establish its products in China’s lifting market.
ZPMC's new goliath stands tall at Rosyth
Shanghai Zhenhua Port Machinery, Chinese heavy industry manufacturer, has delivered a goliath gantry crane, to the Firth of Forth in Rosyth, Scotland.
Shanghai Zhenhua Port Machinery, Chinese heavy industry manufacturer, has delivered a goliath gantry crane, to the Firth of Forth in Rosyth, Scotland.
Straightpoint load testing comes to Gulf
British load testing specialist Straightpoint has appointed Alnasr Technical Trading Agencies (ATTA) as its new distributor in the UAE and Qatar.
British load testing specialist Straightpoint has appointed Alnasr Technical Trading Agencies (ATTA) as its new distributor in the UAE and Qatar.
Order growth keeps Cargotec on its toes
Cargotec’s orders received grew 31% during the first quarter of 2010 (Q1 2010) year-on-year, although sales declined 18%.
Cargotec’s orders received grew 31% during the first quarter of 2010 (Q1 2010) year-on-year, although sales declined 18%.
bC India grows by 60%
Exhibition space at the inaugural bC India - A Bauma ConExpo show has been increased by 60% to 80,000 sq m due to strong demand from industry, the organisers have said.
Exhibition space at the inaugural bC India - A Bauma ConExpo show has been increased by 60% to 80,000 sq m due to strong demand from industry, the organisers have said.
Yantai founder becomes CEO
Founder and deputy chairman Brian Chang has become the new CEO of Yantai Raffles Shipyard Ltd, after Yong Jin Cho completed his three-year tenure in the post.
Founder and deputy chairman Brian Chang has become the new CEO of Yantai Raffles Shipyard Ltd, after Yong Jin Cho completed his three-year tenure in the post.
Kito secures nuclear power plant business
Jiangyin Kito Crane Co. Ltd is to supply cranes and hoists in bulk for the construction of seven nuclear power plant sites in China, worth around JPY 2bn (USD 21.8m) to the company.
Jiangyin Kito Crane Co. Ltd is to supply cranes and hoists in bulk for the construction of seven nuclear power plant sites in China, worth around JPY 2bn (USD 21.8m) to the company.
CMCO names two new board members
Columbus McKinnon Corporation (CMCO) has swelled its number of board members to nine.Christian Ragot, president and chief executive officer of FreightCar America, Inc., and Liam McCarthy, president and CEO of Molex Inc., will become members of the board of directors, effective November 10 2008."Chris and Liam are outstanding additions to our board, and we will benefit greatly from their years of industrial and international business experience," said board chairman Ernest R. Verebelyi.He added: "Their appointments will further strengthen the skill set of our board, as Columbus McKinnon continues to execute its growth strategy and expands globally."Ragot joined Chicago-based FreightCar America as chief operating officer in 2007, and later that year was appointed to serve as president, CEO and a director of the company.Previously, Ragot served for seven years in a number of executive positions with Westport, CT-based Terex Corporation, including group president of Terex Utilities, Roadbuilding & Advance Mixers.Ragot also held senior management positions at Ingersoll-Rand Company, including time spent in various distribution, sales and marketing positions as well as vice president and general manager of its European operations based in Paris, France.He earned a BS from Embry Riddle Aeronautical University and an MS from The Johns Hopkins University.McCarthy, meanwhile, began his career with Molex in Ireland in 1976, in cost and management accounting. Prior to becoming president and COO of Molex Inc. in 2005, he served as vice president of operations for Europe, president of the Americas region data communications division, and as a senior executive in a variety of international leadership positions, including in Singapore and other areas of the Asia-Pacific region.McCarthy earned his Business and Commerce Degree from University College Dublin (UCD) and his MBA from Henley Management College (accredited by Brunel University) in the United Kingdom.
Columbus McKinnon Corporation (CMCO) has swelled its number of board members to nine.Christian Ragot, president and chief executive officer of FreightCar America, Inc., and Liam McCarthy, president and CEO of Molex Inc., will become members of the board of directors, effective November 10 2008."Chris and Liam are outstanding additions to our board, and we will benefit greatly from their years of industrial and international business experience," said board chairman Ernest R. Verebelyi.He added: "Their appointments will further strengthen the skill set of our board, as Columbus McKinnon continues to execute its growth strategy and expands globally."Ragot joined Chicago-based FreightCar America as chief operating officer in 2007, and later that year was appointed to serve as president, CEO and a director of the company.Previously, Ragot served for seven years in a number of executive positions with Westport, CT-based Terex Corporation, including group president of Terex Utilities, Roadbuilding & Advance Mixers.Ragot also held senior management positions at Ingersoll-Rand Company, including time spent in various distribution, sales and marketing positions as well as vice president and general manager of its European operations based in Paris, France.He earned a BS from Embry Riddle Aeronautical University and an MS from The Johns Hopkins University.McCarthy, meanwhile, began his career with Molex in Ireland in 1976, in cost and management accounting. Prior to becoming president and COO of Molex Inc. in 2005, he served as vice president of operations for Europe, president of the Americas region data communications division, and as a senior executive in a variety of international leadership positions, including in Singapore and other areas of the Asia-Pacific region.McCarthy earned his Business and Commerce Degree from University College Dublin (UCD) and his MBA from Henley Management College (accredited by Brunel University) in the United Kingdom.