All Market & forecasts Articles

Manitowoc Cranes to cut fifth of workforce
Manitowoc increased sales by 20% in 2008 but will reduce its workforce by about 22% in 2009. The report came from company executives during a fourth quarter earnings call to investors
Gottwald and Liebherr review container crane segment
Liebherr says it has increased its market share of the mobile harbour crane market. Gottwald was also looking back on a successful 2008, despite the global economic environment.
Demand for cement in China to rise
Demand for cement in China is forecast to rise by +6% annually through 2012 to 1.8 billion tonnes, according to Cement in China, the latest study by US-based research company The Freedonia Group.
US$ 375 billion construction boost from stimulus spending
Research by iC shows that stimulus package spending could add US$ 375 billion per year to the world's construction output in this year and a similar amount again in 2010.
CHINA: Stimulus package to boost construction +40%
Growth in China’s construction output will be strong in 2009 compared to the rest of the world, but it will be down on the double-digit rises the industry is used to. Chris Sleight looks at how the government’s US$ 585 billion stimulus package should help.
European construction down again in November
Construction output in the 27 EU countries was down -4.2% in November, compared to a year previously according to new data from Eurostat.
Polish material prices fall
Prices for house building materials fell -6% in December compared to a year ago.
€ 18 billion construction boost in German stimulus package
The German government will invest up to an extra € 18 billion in construction over the next two years, as part of its new € 50 billion stimulus package.
Manitowoc forecasts 20% revenue drop
Crane manufacturer Manitowoc has updated its financial forecast for 2009 and for its 2008 full-year financial results
Frank Scarborough reviews the access market
Frank Scarborough former president of Snorkel warns that 2009 may see closures of one or two of the third tier, access manufacturers.
Access Hot-Spots
Murray Pollok's presentation at last year's Europlatform conference, on Access Hot-Spots around the world, is now available to view on the www.khl.com website, including a voice-over by the author.
VIDEO: World Construction outlook for 2009
International Construction editor Chris Sleight looks at the prospects for the global construction market, which is expected to grow +1.9% this year, despite the global economic slowdown.
AGC sees more job losses in US construction
The Associated General Contractors of America (AGC) trade association says 65% of US non-residential construction companies expect to lay-off workers in the next six to 12 months if the business climate does not improve.
Fassi market share
Fassi estimates that worldwide sales of knuckle boom cranes in 2007 were 54,350 units, a rise of 15,164 from the 39,186 units that entered service in 2003
LTECH celebrates five years of rapid growth and still growing
Russian access rental company LTECH has just celebrated five years in the business and it plans to keep growing.
JCB’s Mathew Taylor says bank lending is the key
Mathew Taylor, CEO of JCB believes the construction equipment market could recover quickly if credit became more widely available.
Global demand for cement and concrete additives to reach US$ 16.2 billion in 2012
Worldwide demand for cement and concrete additives will rise +6.0% per year to US$ 16.2 billion in 2012, according to the latest report by US-based Freedonia Group.
European construction set for sharp fall in 2009
European construction output is expected to fall -4,3% in 2009, following a -2,5% drop in 2008, according to the latest figures from Euroconstruct. Moderate growth of +0,4% is expected in 2010, picking up to +2,2% in 2011.
ADB sees Asian slowdown in 2009
The Asian Development Bank (ADB) says GDP growth in the region's developing economies will slow to +5.8% in 2009, down from +6.9% in 2008 and +9% in 2007.
Tips for trading through a downturn
The managing director of Ireland-based crane rental company Wm O' Brien Plant Hire has shared his experience of previous economic downturns in the hope it will help others through current conditions.
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