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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.
Tata places orders for cranes
Tata Motors India has placed order for 1,200 loader cranes with Hiab, part of Cargotec Corporation and headquartered in Finland.
Knuckle Boom Cranes: The Integrated Solution
While over 90 per cent of the lift-and-carry market is dominated by knuckle boom cranes the world over, in India pick-and-carry (P&C) cranes dominate, with 95 per cent sales.