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Picture of the Week

17 m super fly jib

Huisman's 17 m super fly jib on BigLift Shipping’s Happy Buccaneer

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Featured Report

  • World Construction 2012World Construction 2012

    International Construction's definitive annual review of the global construction industry is now available. World Construction 2012 takes a detailed look at construction activity in all major regions ...more

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Video Zone

ASC Lift Machinery launch rail transport system for cranes

ASC Lift Machinery launch rail transport system for cranesplay

Editor’s choice

SC&RA/KHL Economic year in review and forecast

SC&RA/KHL Economic year in review and forecastplay

Comment

We are pleased with the high level of support for this transaction from the shareholders and management of Demag Cranes. With the addition of Demag Cranes to the Terex Group, we will add a new business segment with world-class products in industrial cranes/hoists and port technology. The success of our offer demonstrates the confidence in the compelling industrial rationale of this deal and the growth opportunities for both companies.

Ronald DeFeo, Terex chairman and chief executive officer

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