CONEXPO | Jotup

LiuGong Enters Second Half of 2023 with Continued Momentum, Strong Sales, Enhanced Team and Electric Energy

Retrieved on:

Wednesday, July 12, 2023

Pressure, Chongqing International Construction Corporation, Senior, Friends, Marketing, Battery electric vehicle, Channel, Government, Investment, CONEXPO, Growth, OEM, Rare-earth element, Renewable energy, Video game, Management, Heavy equipment, Cement, LiuGong

LiuGong reported $3.932 billion in construction equipment (CE) sales in 2022, per the 2023 KHL Yellow Table released by International Construction in its May-June 2023 issue.

Key Points:

LiuGong reported $3.932 billion in construction equipment (CE) sales in 2022, per the 2023 KHL Yellow Table released by International Construction in its May-June 2023 issue.
"LiuGong as a corporation made big investments and commitment to be in the forklift in material handling business," Ryan said.
The second half of the year also sees LiuGong enhance its leadership team to keep up with that growth.
LiuGong has several either expanded or new growth opportunities the second half of 2023 and is looking ahead to 2024 as one of the industry-leading battery electric vehicle manufacturers.

The Electrifying Divide in Battery Chemistries for Construction EVs

Retrieved on:

Thursday, July 6, 2023

Despite this, IDTechEx has built a database of more than 100 example makes and models across seven different construction vehicle categories.

Key Points:

Despite this, IDTechEx has built a database of more than 100 example makes and models across seven different construction vehicle categories.
With Europe and China being more established markets for electric construction vehicles, conclusions about battery chemistry trends from OEMs in these regions can be made.
However, these are still some years away from production, and battery chemistries are yet to be confirmed.
IDTechEx is actively researching autonomy and electrification and has just released a new report, "Electric Vehicles in Construction 2023-2043".

The Electrifying Divide in Battery Chemistries for Construction EVs

Retrieved on:

Thursday, July 6, 2023

Despite this, IDTechEx has built a database of more than 100 example makes and models across seven different construction vehicle categories.

Key Points:

Despite this, IDTechEx has built a database of more than 100 example makes and models across seven different construction vehicle categories.
With Europe and China being more established markets for electric construction vehicles, conclusions about battery chemistry trends from OEMs in these regions can be made.
However, these are still some years away from production, and battery chemistries are yet to be confirmed.
IDTechEx is actively researching autonomy and electrification and has just released a new report, "Electric Vehicles in Construction 2023-2043".

Asphalt Contractor Announces the 2023 Top 30 Editor's Choice Products Award Winners

Retrieved on:

Thursday, May 11, 2023

CONEXPO, Contractor, Better Homes and Gardens Best New Product Awards, Road, Auction

FORT ATKINSON, Wis., May 11, 2023 /PRNewswire-PRWeb/ -- Asphalt Contractor, the nationally recognized magazine serving asphalt contractors and producers, has named the Top 30 Editor's Choice Product Award winners, highlighting the innovations, tools and technologies available to help contractors and producers work more profitably, efficiently, and sustainably.

Key Points:

FORT ATKINSON, Wis., May 11, 2023 /PRNewswire-PRWeb/ -- Asphalt Contractor, the nationally recognized magazine serving asphalt contractors and producers, has named the Top 30 Editor's Choice Product Award winners, highlighting the innovations, tools and technologies available to help contractors and producers work more profitably, efficiently, and sustainably.
This year was especially crowded with new and interesting products for the asphalt industry, in the wake of the 2023 CONEXPO/CON-AGG tradeshow.
"We are truly excited to spotlight the winners of our 2023 Top 30 Products Awards," says Asphalt Contractor Editor Brandon Noel.
Asphalt Contractor is proud to congratulate the following products identified as a 2023 Top 30 Editor's Choice Products Award Winner.

Manitex International Reports First Quarter 2023 Results

Retrieved on:

Thursday, May 4, 2023

Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today reported financial results for the three months ended March 31, 2023.

Key Points:

Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today reported financial results for the three months ended March 31, 2023.
At the tradeshow, Manitex received record new orders, much of which is not yet reflected in our strong first quarter backlog reported today.
Net leverage was 3.5x at the end of first quarter 2023, down from 3.9x at the end of fourth quarter 2022.
Manitex continues to generate strong order momentum, which drove 16% backlog growth during the first quarter 2023.

CASE Continues Backhoe Revolution with Rock-Solid Guarantee on the All-New CASE 580SV Construction King™ Backhoe Loader

Retrieved on:

Wednesday, April 19, 2023

CNHI, CASE, Maintenance, Housing, Guarantee, CONEXPO, Canada Protection Plan, CNH Industrial, Borsa Italiana, Multimedia, PPP, Case Construction Equipment, GxP, Construction Equipment, Growth, NYSE, 2021 Supercoppa Italiana, Heavy equipment

RACINE, Wis., April 19, 2023 /PRNewswire/ -- CASE Construction Equipment took CONEXPO 2023 by storm by announcing the expansion of its industry-leading backhoe loader line with the launch of five additional new backhoe loader models — including the all-new CASE 580SV Construction King™. The renewed growth and interest in backhoe loaders is built on greater industry demand for multi-purpose machines in the wake of North America's ongoing skilled labor shortage. CASE is embracing the increased demand for backhoes and giving contractors and business owners complete confidence by providing the all-new Rock-Solid Guarantee on the CASE 580SV, which includes a competitive lease payment, a comprehensive warranty, and an exclusive option at 12 months to continue the remainder of the lease or walk away with no further obligation.

Key Points:

New offer from CASE on a 36-month lease includes warranty, lease conversion incentives,
RACINE, Wis., April 19, 2023 /PRNewswire/ -- CASE Construction Equipment took CONEXPO 2023 by storm by announcing the expansion of its industry-leading backhoe loader line with the launch of five additional new backhoe loader models — including the all-new CASE 580SV Construction King™.
"CASE is the originator of the factory-built backhoe loader, and we are committed to supporting both the equipment and business growth demands of our customers throughout North America," says Terry Dolan, vice president – North America, CASE Construction Equipment.
The CASE Rock-Solid Guarantee does not include a guarantee of lease payments or any other obligations.
CASE Construction Equipment is a global full-line manufacturer of construction equipment that combines generations of manufacturing expertise with practical innovation.

CICB Exhibits in CONEXPO 2023

Retrieved on:

Wednesday, March 29, 2023

Breakfast, CICB, CM Labs Simulations, CONEXPO, COVID, CCO, OSHA, CM, Mining, Lifting, Technical advisor, Safety, Nursing

LAS VEGAS, March 28, 2023 /PRNewswire/ -- "CONEXPO-CON/AGG is North America's largest construction trade show representing asphalt, aggregates, concrete, earthmoving, lifting, mining, utilities, and more.

Key Points:

LAS VEGAS, March 28, 2023 /PRNewswire/ -- "CONEXPO-CON/AGG is North America's largest construction trade show representing asphalt, aggregates, concrete, earthmoving, lifting, mining, utilities, and more.
This year, they knocked it out of the park with a tremendous attendance of professionals from across the industry.
During the show, which ran from March 14th through the 18th, CICB met with over 1000 attendees to discuss options available to improve safe lifting operations.
On Thursday, March 16th, CICB hosted a breakfast and networking reception.

Construction Giant XCMG Chooses Conflux for NFTs and Future Global Blockchain Applications

Retrieved on:

Tuesday, March 28, 2023

Metaverse, XCMG, Fintech, Bored Ape, Blockchain, Partnership, NFT, CONEXPO, Research, Grace, Collection, Machine, BAYC, Conflux, RMB, Cryptocurrency, Web3

XCMG Construction Machinery Co., Ltd. (000425.SZ), the world's third largest construction machinery manufacturers, announced a partnership with Conflux , a leading public blockchain network, and Zen Spark Technology Pte Ltd, a Singapore-based blockchain and fintech company.

Key Points:

XCMG Construction Machinery Co., Ltd. (000425.SZ), the world's third largest construction machinery manufacturers, announced a partnership with Conflux , a leading public blockchain network, and Zen Spark Technology Pte Ltd, a Singapore-based blockchain and fintech company.
The partnership between XCMG, Conflux, and Zen Spark Technology Pte Ltd will leverage the strengths of all three companies to explore new scenarios for the application of blockchain and Web3 technology in the global market.
Additionally, XCMG and Conflux plan to jointly issue their first NFT collection for overseas markets in the near future.
With the power of blockchain and Web3 technology, the possibilities are endless, and the future looks bright for XCMG, Conflux, Zen Spark and the global community.

2023 CONEXPO-CON/AGG: XCMG to Unveil 20 New Products Customized for North American Market under New Global Slogan Solid to Succeed

Retrieved on:

Wednesday, March 22, 2023

The XCT60_U boom truck, which will be launched in the market in April, delivers a superb lifting performance that's 3-5 percent higher than products of the same tonnage.

Key Points:

The XCT60_U boom truck, which will be launched in the market in April, delivers a superb lifting performance that's 3-5 percent higher than products of the same tonnage.
XCMG Excavator Machinery is introducing six new excavator products, including the XE45U, XE75U, XE90U, XE135U, XE235UCR and XE490U.
XCMG is launching two new electric counterbalanced forklifts in the North American market.
XCMG is also showcasing the XC9 series loaders at the trade show, which are specially developed for the North American market meeting the Tier 4F and Stage V emission standards.

BZI’s InnovaTech™ Highlights Collaboration on Breakthrough Construction Equipment, Mega Telehandler (XR50100-G), “Trackzilla”, Unveiled by Xtreme Manufacturing™ at CONEXPO-CON/AGG, Booth #F9227, March 14-18, Las Vegas

Retrieved on:

Thursday, March 16, 2023

View the full release here: https://www.businesswire.com/news/home/20230316005033/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230316005033/en/
BZI is showcasing its collaboration on the breakthrough Xtreme telehandler (XR50100-G), unveiled by Xtreme Manufacturing at CONEXPO-CON/AGG this week in Las Vegas.
WallMaster is a telehandler attachment designed to handle panelized insulated metal panels, and to work side-by-side with ground-level assembly on the panelization system.
Alongside BZI’s steel fabrication and erection businesses, InnovaTech is radically improving and streamlining floor, roof and wall panelization installations and processes.
The company also offers enhanced and safer systems for materials handling and welding, among many other innovations that improve the workflow and production on construction job sites.