Terex Cranes flat in Q3

By Alex Dahm02 November 2018

Crane sales at Terex were flat in the third quarter of 2018 but the corporation as a whole posted an 11 per cent increase.

126992 terex pile of logos dsc0145

Terex counterweight slabs

Sales in the crane segment were US$301 million in the third quarter 2018 and $301.9 million in Q3 2017. Terex said overall demand for cranes is stable with pockets of growth. The order backlog was up 20 % versus 2017.

Steve Filipov, President Terex Cranes commented, “Our new products, including the Demag line of all terrain cranes are selling well - our customers want the product. Our Utilities business is consistently meeting customer needs in a relatively stable market and our Tower Cranes business continues to grow and execute well with new products and customer-focused solutions. We have a strong order book and remain committed to improving Cranes performance and meeting the needs of our customers.”


Latest News
SAIA University: Thriving & Inspiring in the Leadership Revolution
Former U.S. Army Special Forces commander presents a day-long workshop on building stronger leaders
Perkins highlighting engines, batteries at Bauma
Company to display range of low-carbon fuel engine options, connectivity solutions and new battery concepts
Kobelco suspends some machine sales in Europe
Temporary stop on certain crane and excavator sales due to Hino engine emission certification issue