HEFA lifting financing standards

Despite the construction sector’s ‘mega boom cycle’, financial institutions are showing a reluctance to lend money in the face of the Royal Commission into the Banking sector. According to Mark Whitla, that’s the type of environment Heavy Equipment Financing Australia thrives on.  Read more

Transitioning from crane hire to crane contracting

South Australian crane hire company, Crane Services sought the expertise of GBA Projects to help transition the business from a crane hire to a crane contracting business. Cranes and Lifting magazine spoke to Andrew Munckton from Crane Services and Matt Betros from GBA Projects about the relationship. Read more

The year that was for the crane sector

2016 has been another tough year for our industry, with a reported slowing for total construction investment in 2015-16 of -9.8% versus a forecast of -2.4% given last year.

Of course, this is the figure for total construction however, there were pockets, which continued to show strong growth, namely multi-level apartment construction, which was up 18.6%. The good news is that the 2016-17 forecast is for positive growth at 4.6%, driven mainly by infrastructure-related engineering works with road and rail leading the way. Read more

Buchanans – a small family business looking to the next generation

Greg Buchanan, founder of Buchanan Mobile Cranes, has a boilermaking background and the cranes were initially something that evolved out of the need to install or erect the steelwork that he fabricated. While the crane work is now a significant business in its own right, steel fabrication and engineering complement the crane business and there are many niche projects that require both areas of expertise.

Greg’s son James developed an early interest in cranes, from around the age of eight as he recalls. With the business and family home co-located on acreage at Moorooduc, it was easy for James to help out after school and on weekends. It was a great learning environment: nothing was forced but neither was anything sugar-coated. As James says: “Every day was a school day.” Read more

A trend towards heavy lifters

The MRT234 flat top tower crane was the first to be officially unveiled in October 2017, and the feedback from end users, according to Strictly Cranes, has been overwhelmingly positive. The second new model, which is the company’s flagship crane in the new luffing range, is the LR330 with a triangular jib.

“One really strong aspect is that only two people are needed to completely assemble the MRT234’s jib over a period of a few short hours. This crane boasts nine different jib lengths, ranging from 70m to 28m,” said Eng. Domenico Ciano, technical director at Raimondi Cranes. Read more

Reds Global moving with the times

He ran Verticon for two years prior to starting Reds Global. Persistence and innovation has seen this business continue to grow. Having its main depot in Sydney, it now has cranes working in key markets around Australia although the Greater Sydney area has the highest concentration.

Things have changed a lot in tower cranes in Redman’s time in the industry. At the start, Favco diesel hydraulic tower cranes dominated the market and the average age of the cranes was much greater in the earlier era (the average age of the Reds Global fleet is three years). Read more