December 2017

Grove GRT8100 Streamlines Operations on Pennsylvania Energy Projects

Date: 21-12-2017 / Author: fmotz

December 21, 2017 - B&K Equipment and Crane Service (B&K) is one of the latest North American companies to discover the benefits of Grove’s new lineup of rough-terrain cranes, which have been designed and tested at Manitowoc’s Product Verification Center (PVC) to ensure dependability in a wide range of working environments. Wyalusing, Pennsylvania-based B&K has been renting two Grove GRT8100 rough-terrain cranes for over a year. The 100 USt cranes have helped to streamline operations on several of the company’s projects, including the construction of a gas-fired power plant.

JCB North America Celebrates Employee Excellence

Date: 21-12-2017 / Author: fmotz

JCB North America hosted its annual “Celebrating Success” event this week, to recognize employees who made extraordinary contributions to the company’s success in 2017, and to celebrate those who achieved significant employment anniversaries in the past 12 months. The event at the company’s headquarters in Savannah, Georgia, was attended by 250 employees. “

Terex Utilities ships A330 Auger Drill to Antarctica for Scientific Research

Date: 21-12-2017 / Author: fmotz

In December, Terex Utilities shipped a Model 330 Auger Drill to Leidos, a contractor working for the National Science Foundation in Antarctica. Designed to meet the specific needs of the Antarctic Support Contract, the 330 Auger Drill features a unique mounting configuration and numerous insulation and heating modifications to operate in the extreme environment. The new Auger Drill replaces a Model 330 that has been in service by the contractor since 1990.

Commercial Construction Index Reveals Continued Optimism Among Contractors

Date: 21-12-2017 / Author: fmotz

Confidence in the commercial construction industry is strong, despite significant concerns around jobsite efficiency and labor productivity, according to the Q4 2017 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index). Released today, the Index shows that optimism remains high in the commercial construction industry, with 57 percent of contractors expecting to hire in the next six months and a large majority reporting stable or increased revenue expectations in the next year. The Q4 composite score is 74, up one point from Q3.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Date: 21-12-2017 / Author: fmotz

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for November was $7.5 billion, up 17 percent year-over-year from new business volume in November 2016. Volume was down 11 percent month-to-month from $8.4 billion in October. Year to date, cumulative new business volume was up 5 percent compared to 2016.

Manitowoc Celebrates Two Award Wins for New Models

Date: 20-12-2017 / Author: fmotz

Manitowoc’s new product development program has enjoyed its strongest year in recent times, and the company’s efforts are being recognized with two cranes that were launched in 2017 earning industry awards. The prize-winning Manitowoc cranes are the Hup 40-30 self-erecting crane from Potain and the TMS9000-2 truck crane from Grove.

Ion Warner, vice president of marketing and investor relations at Manitowoc, said the awards were deserved recognition for the company’s hard work in recent years.

Emerging Practice of Prevention through Design and Technology Advances Poised to Help Improve Construction Safety

Date: 20-12-2017 / Author: fmotz

A new study from Dodge Data & Analytics reveals the engagement with and impact of two critical trends for improving construction safety—technologies used on jobsites, and the practice of Prevention through Design (PtD). The study, conducted in partnership with the Center for Construction Research and Training (CPWR) and United Rentals and published in the Safety Management in the Construction Industry 2017 SmartMarket Report, is the third in a series of studies that demonstrate the financial and project benefits that contractors reap from their safety investments.

Submit Your Nomination - Safety in Motion Award

Date: 20-12-2017 / Author: fmotz

PRECO Electronics is accepting nominations for the 2017 Excellence in Safety Award.

Now in its seventh year, the annual award is widely recognized and anticipated among heavy-duty safety professionals.

Preco has established the Excellence in Safety Award to honor one person each year who is the voice of safety in their industry.

For more information or to submit a nomination, visit www. Preco.com or click here.

IPAF Welcomes Updates to British Standards on MEWPs and MCWPs

Date: 20-12-2017 / Author: fmotz

IPAF to brief cross-party MPs’ inquiry into work at height

2018 Economic Outlook Forecasts 9.1% Expansion In Equipment and Software Investment and 2.7% GDP growth

Date: 20-12-2017 / Author: fmotz

Investment in equipment and software is projected to expand 9.1 percent in 2018 according to the 2018 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. The annual investment growth projection, which is well above the estimated 5.2 percent growth rate experienced in 2017, continues the strong improvement trajectory seen over the last 12 months. While a few headwinds persist, they should be outweighed by an encouraging business investment climate.

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