Top Stories

August

• June Equipment Leasing and Finance Volume Up 17% from 2020, Up 28% from May

  August 3, 2021—In June, equipment leasing and finance activity was up 17% year over year, and up 28% over May’s volume, according to the Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index for June. The report was released July 26th.

  The index reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector.




• Terex RT 35-1 Crane Destined for Antarctic Research Station

  August 4, 2021 - It’s not every day that a crane is shipped to a far-flung destination in Antarctica, but that is exactly what EWPA Sp. z o. o, Terex Cranes’ official distributor in Poland did to deliver a Terex Rough Terrain (RT35-1) to serve the Polish Antarctic Station Henryk Arctowski.

  For more than 40 years, the station has provided technical and logistical support for Polish and international groups conducting research in Antarctica.




• Manitowoc to Show New Products at Utility Expo 2021

  National NBT60XL

  August 3, 2021 - Manitowoc will display three of its strongest new offerings for the utility market at The Utility Expo this year: the National Crane NBT60XL boom truck; the NBT45-2, a compact 45-ton model from its new NBT40-2 Series; and the Grove GHC110 telescoping crawler crane that just launched in July.

  It’s the first time the public will have a chance to see these cranes at an in-person trade show.

  This year’s Utility Expo will be held in Louisville, Kentucky, at the Kentucky Exposition Center from Sept. 28-30. The event will cover more than 30 acres, and Manitowoc will occupy outdoor booth E843.




• CM Labs Simulations Offers Online Q&A with Expert Aug. 12

  Aug 3, 2021 – On Thursday, Aug. 12, 2021, CM Labs Simulations is offering an interactive question-and-answer session with heavy-equipment operator and instructor Gary James.

  During the session, which starts at 11:00 a.m. Eastern Time, James will share insights on how to use simulation to prepare operators for real worksite challenges.




• Crosby Starts Employee Ownership Program

  August 2, 2021 -- The Crosby Group (Crosby), a global leader in lifting, rigging, and load securement hardware, has started an employee-ownership program that lets all global team members participate in the equity growth of the business.

  Designed and supported by KKR, who acquired Crosby in 2013, the new program provides every team member employed at the time of a future sale or liquidity event, regardless of location or role, with a meaningful financial stake in Crosby’s growth.




July

• Sustainable Synthetics for Crane & Heavy Lift

  At Yale Cordage, we continue to innovate and set expectations for the market. Selecting the best fiber is as crucial to product performance as our engineering and design process. Our partnership with DSM Protective Materials allows us to utilize bio-based Dyneema® fiber in several products, making our company one of the first to join the commitment to realize a more sustainable product.

  Increasingly large infrastructure and energy projects mean heavier and more complex lifts, tighter turnarounds, and mounting costs. Dyneema® SK78 fiber helps overcome these challenges while meeting the highest regulatory standards, ensuring lifting operations are as quick, safe, and smooth as possible. 




• Don’t Skip the Initial Inspection

  Most riggers are aware of the need to inspect their slings and rigging hardware every day, before and during use, which is sometimes called the in-service or frequent inspection. 

  And riggers are normally aware of the need for a thorough inspection — sometimes called the periodic inspection — required at least once a year by many standards.

  However, one critical inspection that is often overlooked or ignored is the “initial inspection.”  




• Lattice-Boom Crane Expert Kadow Joins Tadano America

  July 27, 2021 – Lattice-boom crane expert Allen Kadow has joined Tadano America Corporation as the sales specialist for lattice-boom crawler cranes in North, Central, and South America.

  Based in Tadano America’s headquarters in Houston, Texas, Kadow supports Tadano regional sales managers, dealers, and customers with quick, expert answers to questions about any of the company’s lattice-boom crawler crane products.




• Steel Erectors Name New Executive Director

  July 26, 2021 - The Steel Erectors Association of America (SEAA) has named Pete Gum as its new executive director.

  Gum was chosen after the association conducted an extensive nationwide search. He has 29 years of experience as CEO of not-for-profit construction trade associations.

   




• Raimondi Cranes Sees Change in Senior Leadership as CEO Takes Sabbatical

  July 20, 2021 – Raimondi Cranes SpA, European manufacturer of topless tower and luffing-jib cranes, has seen a change in its senior leadership.

  The company’s board of directors has approved CEO Domenico Ciano’s taking a one-year sabbatical, and Diego Borgna has become Acting CEO.

  Borgna, a crane industry veteran with more than two decades of hands-on experience in the global heavy lifting machinery sector, initially joined Raimondi as deputy managing director, also spearheading operations




• New Grove Teleboom Crawler Combines Stout Capacities, Maneuverability

  July 21, 2021 – Manitowoc has rolled out its Grove GHC110, a 110-USt telescopic-boom crawler crane.

  The new model, launched last week, joins Grove’s recently launched 140-USt GHC140 as the two largest units in Grove’s growing lineup of telescopic-boom crawler cranes.

  “It’s like a tough younger brother for the GHC140, our biggest model, launched in 2020,” said J.J. Grace, Manitowoc’s product manager for GHC cranes. “It’s a perfect fit for contractors who need stout load charts and high maneuverability.”




• Select Crane Sales Delivers 90-USt RT Crane to Chief Marine Group

  July 21, 2021 - Select Crane Sales recently delivered a custom painted Link-Belt RTC-8090 to Chief Marine Group in Islamorada, Florida.

  Chief Marine recently acquired Smuggler’s Cove Marina and plans to revitalize the location by developing a facility designed to suit the mariner lifestyle.




• Steel Erectors Earn Honors for Commitment to Safety and Training

  July 21, 2021 - The Steel Erectors Association of America (SEAA) recently named recipients of the association’s Safety Excellence Award and Craft Training Recognition Award for 2021.

  “These companies demonstrated a strong commitment to the safety and health of their employees,” said Bryan McClure, chairman of SEAA’s Safety and Education Committee.

  For both awards, the World Class title represents the highest achievement. Premier is the second level. Gold is the third.




• Manitowoc to Buy H&E Crane Business

  July 20, 2021 - The Manitowoc Company Inc. has has entered into a definitive agreement to acquire the crane business of H&E Equipment Services Inc., one of the largest equipment rental companies in the U.S.

  Under the agreement, Manitowoc is expected to pay about $130 million funded through cash on hand and existing debt availability.

  The transaction is expected to close in the fourth quarter of 2021 and is subject to customary closing conditions and regulatory approvals.




• Havlicek Named Link-Belt’s New Marketing Promotion Manager

  July 14, 2021 – Link-Belt Cranes has promoted Rebecca Havlicek to Manager of Marketing Promotion. Havlicek will oversee all promotional, publicity, trade-show, logo-standard, and business-gift endeavors.
  




• New Compact All-Terrain Crane Lifts 75 USt, Has 171’ Boom

  July 20, 2021 – Tadano’s new AC 4.070-1 and AC 4.070L-1 are upgraded four-axle all-terrain cranes that can lift up to 75 USt.

  Both versions are compact, powerful, and versatile heavy-duty all-rounders that can handle a wide variety of applications.

  The AC 4.070-1 and AC 4.070L-1 are identical, except that the “L” version has the new 171’ boom (standard), and the AC 4.070-1 has the optional 144’ boom.

   




• What is Cyber Liability Insurance?

  Yahoo’s 2013 data breach is one of the largest known hacks of user data in history. Though the hackers were later unveiled, the breach affected 3 billion accounts.

  These are the instances you hear about…the big companies that get breached. Companies like Yahoo, Target, Adobe, LinkedIn, Facebook, and Marriot. 

  What you don’t hear about is that there are approximately 30,000 data breaches a day globally. Even more important for you, these don’t all happen at the large Fortune 500 companies. The majority of them happen to small-to-mid sized businesses.

  Small-to-mid sized companies make good targets because many don’t or can’t spend the time and resources on data security that large companies can.

  Still don’t have your attention? Here are some more statistics to show just how serious this issue is in today’s world. 




• Crosby's Rigging for the Troops Promotion Started July 15

  Customers who buy Crosby Group products between July 15 and Sept. 15 of this year will help Crosby support the education of a child who has lost a U.S. military parent in the line of duty.

  The manufacturer of rigging, lifting, and material-handling hardware is holding its Rigging for the Troops program for 60 days during the third quarter of 2021 to benefit the Children of Fallen Patriots Foundation.

  Fallen Patriots provides college scholarships of up to $25,000 and educational counseling to military children who have lost a parent in the line of duty. The scholarship amount is based on the average shortfall in college funding for those children after government assistance. 




• Two New Altec Cranes Feature Updated Controls Plus Redesigned Gearbox and Swing Bearing

  July 15, 2021 – Altec has launched two new riding-seat truck-mounted cranes with updated E-Series controls.

  The AC40E-152S can lift up to 40 USt and has a 152’ telescopic boom.

  The AC45E-127S can lift up to 45 USt and has a 127’ telescopic boom.

  Both models were developed based on customer feedback.

  This next generation of cranes comes with all-new electric controls, updates to the operator interface, added operator comfort, and improved dependability.




• CRAC Names Danderfer as New Chair of Boom Dolly Committee

  July 14, 2021 - The Crane Rental Association of Canada (CRAC) has named Mark Danderfer as the new chair of its Boom Dolly Research Committee (BDRC).

  Danderfer is president of Radius Crane & Rigging Inc., Nisku, Alberta.

  Danderfer began is career in the industry as a crane operator more than 20 years ago. He understands every position in a crane rental company, from maintenance, through safety, human resources, and management.




• Floating Bridge Lift is Heaviest Ever in U.S.

  July 14, 2021 - Mammoet and Flatiron Construction have floated and lifted the main span of the Wellsburg Bridge, which reaches across the Ohio River to connect Wellsburg, West Virginia, and Brilliant, Ohio.
   
  It is the heaviest floating bridge lift ever done in the U.S., and the first one ever done in West Virginia, said Mammoet.
  
  Mammoet used its Mega Jack system to jack up and install the 8.5-million-lb., 830'-long bridge.




• Maxim Orders 51 Grove Mobile Cranes to Match Customers’ Expected Needs

  July 13, 2021 - Maxim Crane Works has started receiving the first units from a 51-crane order for a mix of Grove cranes, including larger rough-terrain cranes, five-axle all-terrain cranes, and six-axle all terrains.

  Maxim is buying the new Grove cranes to strengthen its fleet in several newly opened locations across the country.

  Maxim placed the order based on extensive market research that analyzed its customers’ expected needs for lifting equipment, both now and into the future.

   




• Maeda Tracked Mini Crane Helps Build in South Boston

  July 13, 2021- Confined lifting areas, narrow workspaces, irregular work schedules, and heavy rail and highway traffic – the Parcel 12 project in downtown South Boston faced these challenges and more.

  Architects of the ambitious project sought to build two new buildings connected by a landscaped public plaza — over the Mass Pike (I-90) and Worchester Line Commuter Rail tracks, enhancing the heart of one of Boston’s most walkable districts.

  However, the project presented lifting challenges that could not be solved with a traditional big crane.




• Sany's New Entry Into North American Cranes

  A new generation of productive, high-quality Sany cranes is coming to America, and Sany America is building a strong North American organization to support the products and the customers who buy them.
  Currently, the Sany America team is made up of experienced veterans of the North American crane industry. The experience starts right at the top.
  Sany America CEO Doug Friesen is in charge of all of the company’s North American operations and products, including excavators, wheel loaders, vertical-mast forklifts, telehandlers, port cranes, and now crawler cranes. Friesen’s impressive resume includes more than 35 years of leadership positions at Toyota, GM, JCB, Terex, and Crosby.
  “Doug’s brought so much positive energy, stability, and customer focus to the organization,” said Nichole Greco, marketing communications lead for Sany America.
  The company’s well-experienced leaders of the crane division include Vice President of Sales Mark Phillippi, who has been in the industry more than 20 years; Director of Crane Sales Mark Thurston, whose career in lifting equipment spans 37 years; Head Service Engineer Grady Starliper, whose experience goes back more than 30 years; Product Manager Brian Smoot, a veteran of 15 years in the crane industry; and Director of Welding Jim Hoffman, who has more than 45 years of experience. 



• Terex Cranes Names New Aftermarket Parts Sales Representative

  July 6, 2021 – Terex Cranes has named Cheryl Landis as aftermarket parts sales representative, North America.

  Landis is focused on growing the Terex Cranes parts and aftermarket business in partnership with the existing distribution and customer network.

  Landis comes to Terex Cranes from a heavy equipment manufacturer and has a strong product support background.




• Two Raimondi Luffing Tower Cranes Build Toronto Landmark

  July 6, 2021 - Canadian builder Avenue Building Corporation used two new Raimondi LR273 luffing tower cranes on one of Toronto, Canada’s, most awaited projects.

  “We decided to purchase two Raimondi LR273 luffing cranes for this project. The contractor, Madison Group, had strict requirements for this high-profile and logistically challenging project,” said. Jim Patullo, president, Avenue Building Corporation. “The site is located in an area of downtown Toronto surrounded by many other high-rise condos and hotels, so swing rights are a major issue.”




• Cometto’s New Eco1500 SPMT Handles Up to 1,650 USt of Payload

  July 6, 2021 – Cometto says that the 1,650-USt capacity of its new Eco1500 self-propelled modular transport (SPMT) is the highest on the market.
  

  Cometto adds that besides high capacity, the Eco1500 has many other unique features, including the widest range available, connect-and-drive capability that makes for fast, easy configuring, smart and efficient control, the best corrosion protection, a wide range of accessories, safety, availability, and efficiency.




• Mammoet’s Creative Stator Offloading Plan Was Well Grounded

  July 7, 2021 - Canada produces 82% of its electricity from greenhouse-gas-free sources. Nuclear power accounts for about 15% of Canada’s total electric output.

  The Darlington Nuclear Generating Station, located east of Toronto on the shore of Lake Ontario, has been on line since the early 1990s. It generates enough power for two million homes.

  Following three decades of plant operation, Darlington’s owner, Ontario Power Generation, announced a 10-year plan to refurbish the facility.