News

Terex Corp., Westport, Conn., announced its board of directors has authorized a share repurchase program, under which the company may purchase up to $200 million of its outstanding common shares through June 30, 2008. Purchases may be made at the company's discretion from time-to-time in open-market transactions at prevailing prices or through privately negotiated transaction […]

After JLG Industries commenced shipment of the Caterpillar-branded telehandlers in late October, Cashman Equipment, a Caterpillar dealer based in North Las Vegas, Nev., celebrated the delivery of its new machines on November 16. To date, Cashman has placed the largest order in North America for the new telehandlers. “We are replacing the existing rental fleet […]

Custom equipment manufacturer Man & Material Lift Engineering, Cudahy, Wis., has unveiled the PM54 aerial lift for aircraft manufacturing applications. This custom foundation-engineered, pedestal-mounted aerial serves as a major tool in the fabrication of carbon fiber fuselages, allowing the operators to reach into the fuselage without creating a potential hazard. The PM54 features 54 feet […]

The revised safety standard for cranes and derricks in construction may be released by OSHA in October 2007, according to Stewart C. Burkhammer, OSHA's director of construction services. Speaking at the National Safety Council Congress and Exposition in San Diego in early November, Burkhammer characterized the standard as the “most contentious' that he has ever […]

North American Crane Bureau, Inc. (NACB) has opened a training facility on the campus of Lee College in Baytown, Texas. Several training programs are being offered exclusively at the facility, including a mobile crane operator fast-track program, training in advanced rigging practices and principles, and overhead hoist maintenance training. In order to meet the demand […]

With the approval of its shareholders, Oshkosh, Wis.-based Oshkosh Truck Corp. has completed the acquisition of JLG Industries, McConnellsburg, Pa. Purchased for $3.2 billion, JLG has become Oshkosh's largest business segment and is expected to increase Oshkosh's net sales to $6 billion in fiscal 2007. At the completion of the merger, Bill Lasky, JLG's chairman […]

Wixom, Mich.-based Veri-Tek International Corp. announced it has completed its acquisition of Liftking Industries, Inc., Woodridge, Ontario, manufacturer of rough-terrain forklifts, special mission-oriented vehicles, heavy material-handling transporters, steel mill equipment, and other specialized carriers. Liftking has 170 dealers worldwide. Liftking was purchased by a wholly-owned Canadian subsidiary of Veri-Tek, Manitex Liftking. The purchase price of […]

Citing the fact that many wire rope failures could be avoided, the Wire Rope Technical Board (WRTB) has compiled 30 years' worth of information and experience to formulate a brochure dedicated to the process of examining wire rope. The publication, titled “Wire Rope Inspection Guidelines,” was unveiled during the Associated Wire Rope Fabricators (AWRF) fall […]

Manitowoc Crane Group, Manitowoc, Wis., announced that the MAX-ER attachment is now available on the Manitowoc Model 16000, a 440-ton lattice-boom crawler crane. According to Al Kadow, product marketing manager for MCG's lattice-boom cranes, the MAX-ER attachment can provide up to 256 tons of counterweight, effectively increasing the crane's capacity at radius. The standard boom […]

Bil-Jax, Archbold, Ohio, plans to unveil the 2622T trailer-mounted aerial lift at The Rental Show in February. The 2622T is the smallest, most lightweight model in Bil-Jax's Summit Series product line and features a 26'6” platform height, a 22-foot maximum outreach, a two-person 30”x48” platform, and a 440-pound load capacity. Weighing in at about 2,500 […]