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Revenue increased by 20.9 per cent compared to previous year

Q2 orders up 126 per cent and sales increased 41 % for USA-headquartered global crane manufacturer

Manitowoc’s second-quarter orders of $430.8 million were up 14 percent from the comparable period in 2017.

More than $30 million spent by Tadano on Manitex shares. 

Fred Metzger, president of MH Equipment, has announced that MH Equipment will be partnering with Combilift to become a stocking dealer.

Manitowoc completed the separation of Manitowoc Cranes and Manitowoc Foodservice into two independent public companies on 4 March 2016

Revenue at Ritchie Bros slipped in 2010 but CEO sees brighter future for used equipment

US heavy lift helicopter company Erickson Air-Crane Inc has applied for an initial public offering of up to US$75 million in shares

New policy initiatives to improve the economy helped the markets to their longest rally for 12 months in March and early April. Chris Sleight reports.

Share prices continued to fall in February with the banking sector on both sides of the Atlantic reporting another round of eye-watering losses. This pushed the American heavy equipment sector to a new low. Chris Sleight reports.

Weak fourth quarter results drove shares in the heavy equipment sector to an all-time low in early February.

By early April there were signs that share prices were stabilizing after a punishing fi rst quarter. The markets even stayed steady through the near collapse of Bear Stearns. Chris Sleight reports.

Ritchie Bros. Auctioneers (celebrated its 50th anniversary in the auction business and 10th anniversary as a publicly traded company by ringing the closing bell at the New York Stock Exchange (NYSE or the Exchange) in New York City on January 14, 2008. Ritchie Bros. CEO Peter Blake, who rang the bell to close trading for the day, was joined at the exchange by President Rob Mackay, COO Bob Armstrong and other senior executives.

Despite all the ups and downs, 2007 was a positive year for stock markets. The heavy equipment sector did particularly well, but whether the gains can be maintained remains to be seen. Chris Sleight reports.

Late November saw some big one-day swings in share prices, on a range of slightly odd pieces of news. For example, there was a marked rally following the announcement that the beleaguered Citigroup would raise new capital by selling shares to the government of Abu Dhabi.

Another 0.25 percentage point interest rate cut gave markets a lift in early November, but no sooner had this been announced then bad news from the banking sector took what steam there was out of the rally.