NewsCenter

• Manitowoc cranes for Saudi Arabian university

  2010-8-30

  Manitowoc are supplying over 180 Grove mobile cranes, Potain tower cranes and Manitowoc crawler cranes for the construction of a women-only university in Riyadh, Saudi Arabia. The 8million m2 project is set to cost approximately $11.5bn, making the Princess Nora Bint Abdul Rahman University one of the largest construction projects currently underway in the Middle East.David Semple, managing direct...

• Potain cranes for $1bn Turkish dam project

  2010-8-17

  Four Potain special application tower cranes are working on a major hydropower dam project in Turkey. In the northern province of Sinop, the $1bn Boyabat Dam, once complete, will help to meet the growing demand for electricity and expand Turkey's power generation capacities. It is expected to generate 1.5bn kWh of electricity per year. Due to the scale of the project, four of the most powerful and...

• Liebherr luffer out on the town

  2010-7-12

  A Liebherr 160 HC-L luffing jib crane is lifting in the heart of Hong Kong. Rental firm Shriro Machinery Ltd is using the crane on 31 Queen's Central mixed office and retail class A tower. The restricted site, bordered on two sides by high-rise buildings and busy thoroughfares, demanded a luffing jib crane. The Liebherr 160 HC-L is able to slew through 360° with the load suspended from the...

• Yongmao sees local opportunity

  2010-6-24

  Yongmao Holdings, the Singapore-listed Tat Hong and Fushan Yongmao joint venture that builds Yongmao (Suncrane) tower cranes and runs a Chinese tower crane rental business, has released its unaudited 2010 results. While it has benefited from a focus on local sales and from low materials costs, declining export demand has been a challenge. Yongmao Holdings was listed on the Singapore stock exchange...

• XCMG moves from local to central state ownership

  2010-6-24

  Chinese state-owned conglomerate China North Industries (CNI) has agreed to buy crane builder XCMG, which is currently owned by the local government in Jiangsu province. The deal appears to put the final nail in the coffin of international investor Carlyle Group's bid for the business. The deal, agreed between CNI and the local government in Jiangsu, will see CNI invest CNY15bn in new research an...

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