Available in 1- to 80-ton capacities, the CXT line has been engineered with a short hook approach, low-headroom design, and can work close to walls whereby owners of crane-equipped operations can optimize building footprints. A hoisting inverter provides accuracy and controlled slow speed operation when lifting, while the empty load hook can be driven with up to 50 percent higher speeds compared to the loaded hook—allowing the operator to choose the most efficient hoist movement.
Post-tax savings accompany Terex ‘inversion’ in Konecranes merger
Eyeing global scale and near-term earnings synergy upward of $120 million, Westport, Conn.-based Terex Corp. and Konecranes Plc of Helsinki plan an all-stock “merger of equals,” creating a company whose 2014 revenues totaled about $10 billion. Terex and Konecranes shareholders will own approximately 60 percent and 40 percent of the combined business, respectively, which will operate as Konecranes Terex Plc, with headquarters in Finland and major corporate functions in Connecticut.