Crane sales save Kobleco equipment revenues

Kobelco's sales of construction equipment totalled JPY 355 billion (US$ 4.40 billion) in the fiscal year ending March 31, 2012 - level with the previous year. A +17% increase in crawler crane sales compensated for a fall in the company's excavator business.

Kobelco Cranes sold JPY 48 billion (US$ 594…