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Cargotec and Konecranes to merge

Cargotec Corporation and Konecranes Plc announced that their respective Boards of Directors have signed a combination agreement and a merger plan to combine the two companies through a merger.

Terex Corporation names new President for Cranes Division

Terex Corporation announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment to Konecranes Plc. Ken Lousberg, currently President, Terex Cranes, will be leaving the company to pursue other opportunities.

Terex Corporation names new President for Cranes Division

Terex Corporation announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment to Konecranes Plc.

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