Consultation commences on LEEA apprenticeships

Following initial discussions with the IFA and having identified a gap in the apprenticeship scheme for the occupation of Lifting Equipment Examiner, LEEA will now be inviting its members to come together to form the necessary ‘trailblazer’ group, which will meet to work out what the sector actually needs from its future workforce.

Interested members must be committed to take on apprentices in their own businesses and willing to contribute to the drafting of an occupation proposal, which will in the future form an apprenticeship standard.  Read more

Boom Logistics delivers strong financial results

Revenue has increased in 2018 by 22% to $183.1 million, compared to $150.1 million in the previous period. Gross margins increased to 28.7%, compared to the previous 27.1%.

According to Boom, part of the increase is attributed to strong growth in the mining and energy sectors, with higher revenues from mining maintenance contracts in line with increased customer activity, and the completion of three Australian wind farm construction projects during the year requiring ongoing maintenance by way of specialised assets and expertise.  Read more

Konecranes RailQ provides a one-stop-shop for runway analysis

Runway condition influences how well a crane moves on its rails, and profoundly affects the usability and lifetime of the crane and its travelling machineries. A runway in poor condition reduces crane performance and can create serious safety risks.

Left undetected, rail alignment defects can lead to serious problems, which can create downtime and loss of production, while they are taken offline to be fixed. The best way to rectify these issues is to identify the warning signs early and prevent it from occurring in the first place.  Read more

Terex sales up 19%

Second quarter 2018 income from continuing operations was $55.9 million, or $0.73 per share, on net sales of $1.4 billion. In the second quarter of 2017, the reported income from continuing operations was $95.4 million, or $0.98 per share, on net sales of $1.2 billion.

Income from continuing operations, as adjusted, for the second quarter of 2018 was $74.9 million, or $0.98 per share. This compares to income from continuing operations, as adjusted, of $49.6 million or $0.51 per share in the second quarter of 2017. Read more

Hiab expands

Over the last two years, Hiab has been expanding its loader cranes portfolio, most recently renewing its light range cranes in May this year.

The acquisition of Effer, which has an enterprise value of EUR 50 million (A$78.83 million), will complement Hiab’s loader cranes range and expand the company’s selection of heavy cranes, particularly in the >100tm segment, which Effer is known for. Read more

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