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30-Second Takeaway Sinoboom  has introduced Dual-ETM Smart Technology , a new system designed to optimise power usage in electric boom lifts . By combining advanced sensors, control systems, and efficient motor technology, the system reduces energy consumption by approximately 30 percent , extending battery life and improving operational efficiency. The innovation is positioned as a major step forward in electric aerial equipment performance. A Smarter Approach to Energy Management Sinoboom’s Dual-ETM Smart Technology  represents a new approach to managing energy consumption in electric boom lifts . The system uses a network of components and sensors to continuously calculate the optimal power output required during operation . Rather than operating at maximum demand levels, the technology dynamically adjusts energy usage in real time, helping eliminate unnecessary power waste. While similar in principle to early motor controller advancements introduced decades ago, the Dual-ETM system  delivers a significantly more advanced and precise level of control. Key Technologies Behind Dual-ETM The performance gains of Dual-ETM Smart Technology  are driven by a combination of modern hardware and intelligent control systems. Key components include: Permanent magnet synchronous motors , which offer higher efficiency and lower energy consumption compared to conventional motors Multi-valve CAN-bus control systems , designed to reduce hydraulic flow loss and improve operational precision Integrated sensors and control algorithms that optimise energy distribution across machine functions Together, these technologies enable more efficient operation across a wide range of working conditions. Up to 30 Percent Energy Savings According to Sinoboom , internal testing of electric boom lifts  equipped with Dual-ETM Smart Technology  demonstrated: Approximately 30 percent reduction in energy consumption Up to 30 percent increase in battery life  compared to models without the system These improvements can translate into longer working cycles, reduced charging frequency, and increased productivity on job sites. Raising the Benchmark for Electric Boom Lifts The introduction of Dual-ETM Smart Technology  highlights the growing focus on efficiency and sustainability in the aerial work platform (AWP)  sector. As electric equipment adoption continues to expand globally, technologies that extend battery life and reduce energy demand are becoming increasingly important for fleet owners and contractors. Hyman Yu , head of Sinoboom's global product centre, said: "The Dual-ETM Smart Technology isn't just about upgrading machines, it's a real breakthrough, and we see it as setting a real world benchmark for efficiency in electric boom lifts." Supporting the Future of Electrified Access Equipment With tighter emissions regulations and rising demand for low-noise, zero-emission equipment, manufacturers are accelerating innovation in electric-powered machinery. Sinoboom’s Dual-ETM Smart Technology  positions the company to compete more strongly in this evolving market, offering a solution that improves both performance and sustainability  without compromising operational capability. About Sinoboom  is a China-based manufacturer specialising in aerial work platforms (AWPs) , including boom lifts, scissor lifts, and telehandlers . The company has expanded its global footprint in recent years, supplying equipment to construction, industrial, and maintenance sectors worldwide. Sinoboom focuses on innovation in electric and hybrid technologies, aiming to deliver efficient, reliable, and environmentally friendly access solutions. Website : www.sinoboom.com Frequently Asked Questions What is Sinoboom Dual-ETM Smart Technology? Dual-ETM Smart Technology  is an advanced energy management system designed to optimise power usage in electric boom lifts , improving efficiency and extending battery life. How much energy can Dual-ETM technology save? Sinoboom reports that the system can reduce energy consumption by approximately 30 percent  compared to standard systems. How does Dual-ETM improve battery life? By reducing unnecessary power usage and optimising energy distribution, the system can extend battery life by up to 30 percent . What components are used in Dual-ETM Smart Technology? Key components include permanent magnet synchronous motors , CAN-bus multi-valve controls , and intelligent sensor-based energy management systems. Why is this technology important for electric boom lifts? It helps increase efficiency, reduce downtime from charging, and improve overall productivity, which is critical as the industry shifts toward electric and low-emission equipment . Who announced the Dual-ETM Smart Technology? The technology was introduced by Sinoboom , a global manufacturer of aerial work platforms and telehandlers.

30-Second Takeaway Mitsubishi HC Capital Inc.  and Denzai K.K.  have formed a capital and business alliance  aimed at strengthening infrastructure development and expanding opportunities in the heavy lifting sector . The partnership combines Denzai’s engineering and operational expertise with Mitsubishi HC Capital’s financing capabilities to deliver new solutions for large-scale projects and high-value equipment. Strategic Partnership for Infrastructure Growth Mitsubishi HC Capital Inc.  and Denzai K.K.  have announced a capital and business alliance  designed to support infrastructure development and innovation in the heavy lifting sector . The collaboration reflects a shared focus on building resilient social infrastructure , with both companies aiming to create new business opportunities and service models centred around heavy lifting equipment. Combining Engineering Expertise and Financial Strength The alliance brings together two complementary areas of expertise: Denzai’s lifting engineering and project execution capabilities Mitsubishi HC Capital’s leasing and financing expertise Denzai is known for its work on large-scale infrastructure and industrial projects, including: Expressways and dams Power generation facilities Steel plants and factories Stadiums and major construction developments Its operations span both Japan and international markets , where heavy lifting plays a critical role in construction and maintenance. Expanding Financing Solutions for Heavy Equipment A key objective of the heavy lifting sector alliance  is to expand access to financing solutions for large cranes and specialised equipment . Mitsubishi HC Capital aims to leverage its experience in construction machinery leasing and finance  to support customers investing in high-value lifting assets. By combining this financial capability with Denzai’s operational knowledge, the partnership is expected to unlock new business models  that maximise the utilisation and value of heavy equipment. Driving New Services and Business Models Both companies plan to develop innovative services and solutions  that respond to evolving industry needs. The focus will be on: Improving asset efficiency and lifecycle value Supporting complex infrastructure projects Creating higher value-added services  for customers This approach aligns with broader industry trends toward integrated solutions , where equipment, financing, and services are increasingly interconnected. Leadership Perspective on Growth and Innovation Kohki Uemura , president and chief executive of Denzai, said: “This partnership marks an important step in advancing our ambition to become a global leader in heavy construction. By integrating operational expertise with financial strength, we can create new business opportunities and deliver higher value-added services.” The partnership is positioned as a strategic move to strengthen competitiveness in both domestic and international markets. Supporting Sustainable Infrastructure Development Beyond commercial objectives, the alliance is also focused on contributing to sustainable and resilient infrastructure systems . By improving access to advanced equipment and financing, the companies aim to support projects that enhance energy, transport, and industrial infrastructure , while aligning with broader goals for a sustainable and prosperous society . About Mitsubishi HC Capital Inc.  is a global leasing and finance company providing solutions across sectors including infrastructure, energy, mobility, and construction equipment. The company focuses on supporting long-term investment in resilient social infrastructure through innovative financial services. Denzai K.K.  is a Japanese heavy lifting and engineering specialist, providing crane operations and transport solutions for large-scale infrastructure, industrial, and construction projects. With extensive experience in complex lifting operations both in Japan and overseas, Denzai plays a key role in delivering critical infrastructure projects. Frequently Asked Questions What is the partnership between Mitsubishi HC Capital and Denzai? It is a capital and business alliance  aimed at strengthening infrastructure development and expanding opportunities in the heavy lifting sector. What does Denzai specialise in? Denzai specialises in lifting engineering , operating large cranes and transport equipment for major infrastructure and industrial projects. What does Mitsubishi HC Capital bring to the partnership? The company provides leasing and financing expertise , particularly for construction machinery and heavy equipment. What is the goal of the alliance? The goal is to develop new business models, financing solutions, and services  for heavy lifting and infrastructure projects. How will the partnership benefit the industry? It will improve access to high-value equipment, financing, and integrated solutions , supporting more efficient and sustainable infrastructure development. Who is Kohki Uemura? Kohki Uemura is the President and CEO of Denzai , leading the company’s strategy for growth and international expansion.

30-Second Takeaway Wolffkran  has reappointed Peter Schiefer as group chief executive , effective April 1st, as part of a leadership restructuring to support global expansion. Current CEO Duncan Salt  will transition to regional CEO for the Middle East & Asia Pacific , while remaining on the board. The move reflects the company’s focus on strengthening its presence in key growth markets. Schiefer Returns to Lead Wolffkran German tower crane manufacturer and rental group Wolffkran  has announced the return of Peter Schiefer  as group chief executive. The leadership change will take effect on April 1st , with Schiefer stepping back into the CEO role he previously held before 2019. His return marks a strategic move aimed at guiding the company through its next phase of international growth. Duncan Salt Moves to Regional Growth Role As part of the transition, current chief executive Duncan Salt , who has led Wolffkran since 2019, will take on the role of regional chief executive for the Middle East & Asia Pacific . Salt will also retain his seat on the main board , ensuring continuity in leadership and strategic direction. The company said the move is intended to “align the organisation with its strategy of international expansion,” while allowing Salt to focus on targeted development in emerging markets . Strategic Focus on International Expansion The leadership reshuffle reflects Wolffkran’s increasing emphasis on expanding its global footprint, particularly in high-growth regions. Peter Schiefer  said: “We are convinced that this is the right step to position our leadership for the future. With Duncan Salt, we are placing an industry expert in a role where his expertise will have the greatest impact. Together, we successfully entered the Saudi market, and we will continue along this path of growth.” He added that the company’s board appreciates Salt’s leadership and is confident the business will continue to benefit from his experience. Strong Performance in Key Markets Wolffkran highlighted recent successes under Salt’s leadership, particularly in the United States and France . According to the company: The US market accounted for roughly a quarter of total revenue in 2024 The rental fleet in France has continued to grow steadily Schiefer noted that Salt has already demonstrated strong leadership in developing these markets, reinforcing the rationale behind his new regional role. Duncan Salt to Drive Emerging Market Growth Commenting on his new position, Duncan Salt  said: “I am excited to focus even more on the group’s growth markets and establish Wolffkran's global presence in areas of strong construction activity.” His new role will centre on expanding Wolffkran’s operations in regions with rising infrastructure demand, particularly across the Middle East and Asia Pacific . Longstanding Leadership Continuity Both executives bring deep experience within the organisation. Duncan Salt  joined Wolffkran in 2015 following the company’s acquisition of HTC , where he had served as director and general manager since 2012. After the acquisition, he became head of international sales  before being appointed group CEO in 2019 . Peter Schiefer , meanwhile, has longstanding ties to the business. He led the Swiss/German private investment group  that acquired Wolffkran from MAN in 2005 , and subsequently took over as CEO. He held the role until handing over to Salt in 2019. His return signals a continuation of Wolffkran’s established leadership approach, combined with a renewed focus on global expansion. About Wolffkran  is a Germany-based manufacturer and rental provider of tower cranes , serving construction markets worldwide. The company offers a wide range of cranes for residential, commercial, and infrastructure projects, supported by a global rental and service network. With a strong presence in Europe and growing operations in international markets, Wolffkran continues to focus on innovation, reliability, and strategic expansion. Website: www.wolffkran.com Frequently Asked Questions Who is the new CEO of Wolffkran? Peter Schiefer  has been reappointed as group chief executive of Wolffkran, effective April 1st. What role will Duncan Salt take on? Duncan Salt will become regional CEO for the Middle East & Asia Pacific , while remaining a member of the company’s main board. Why did Wolffkran make this leadership change? The change is intended to support international expansion , allowing focused leadership in both global strategy and regional growth markets. What markets are important to Wolffkran’s growth? Key growth regions include the Middle East and Asia Pacific , alongside established markets such as the United States and France . When did Duncan Salt become CEO of Wolffkran? Duncan Salt was appointed group CEO in 2019  after previously serving as head of international sales. What is Wolffkran known for? Wolffkran is known for manufacturing and supplying tower cranes  and providing rental solutions for construction projects worldwide.

30-Second Takeaway Liebherr tower cranes  are playing a central role in Iceland’s construction boom, supporting projects across aquaculture, healthcare, geothermal energy and urban development . From the First Water salmon facility to Reykjavík’s New National Hospital and the Svartsengi power plant, Liebherr cranes are delivering reliable performance in some of Europe’s most demanding environments. Liebherr Tower Cranes Iceland Iceland’s construction market continues to expand across sectors including energy, healthcare, aquaculture and urban development , with Liebherr tower cranes  at the centre of this growth. Operating in extreme climatic and geological conditions, Liebherr cranes have demonstrated reliability, adaptability and long-term performance , reinforcing the brand’s position as a trusted partner across the island. Supporting Major Projects Across Multiple Sectors Liebherr tower cranes are deployed across several of Iceland’s most significant developments, including: Seven cranes  at the First Water salmon facility More than a dozen cranes  at the New National Hospital in Reykjavík Deployment at the Svartsengi geothermal power plant expansion Multiple units supporting the Selfoss town centre development These projects highlight the diversity of lifting requirements across Iceland’s evolving construction landscape. First Water Aquaculture Facility One of the most ambitious projects is the First Water land-based salmon farming facility  in Þorlákshöfn. Developed in six phases, the facility is targeting 60,000 tonnes of annual production capacity  at full build-out. A fleet of seven Liebherr cranes , including 270 EC-B, 81K.1, 53K and 125K models , supports construction of tank systems and associated infrastructure. Operating in a coastal, wind-exposed environment , the cranes have maintained performance despite challenging weather conditions, helping keep the project on schedule. New National Hospital Reykjavík In Reykjavík, the New National Hospital  represents one of the most complex healthcare construction projects in Iceland. A wide range of Liebherr cranes, including EC-H, EC-B and K-series models —are deployed across the site, supporting structural construction and precision lifting operations. The cranes have been integrated into planning phases in collaboration with Liebherr Tower Crane Solutions (TCS) , ensuring optimized configurations and safe operations throughout the project lifecycle. Svartsengi Geothermal Power Plant Expansion The expansion of the Svartsengi geothermal power plant , one of Iceland’s most important energy facilities, demonstrates crane performance under extreme conditions. Despite nearby volcanic activity and seismic challenges , a Liebherr 81K.1 tower crane  has supported lifting operations, contributing to progress toward the project’s planned completion. The crane’s durability and adaptability have proven essential in maintaining operations in a geologically active environment . Selfoss Urban Development In Selfoss , the Midbær Selfoss  project is transforming the town centre with a mixed-use development featuring retail, dining and public spaces. Liebherr cranes, including 81K.1, 53K and L1 32 models are supporting construction in a tight urban environment , where limited space and complex logistics require precise lifting coordination. Market Trends and Liebherr’s Role Iceland’s construction growth has been driven by increasing investment across multiple sectors, alongside a shift toward crane rental over ownership  since 2017–2018. Liebherr’s diverse crane portfolio, ranging from compact L and K series  to high-capacity EC-B models , aligns with these changing market demands. Local dealer Rüko , operating since 2012, plays a key role in supporting Liebherr’s presence, managing a fleet of approximately 45 tower cranes  and covering over 46% of Iceland’s tower crane market . Outlook: Continued Growth Across Key Sectors Looking ahead, Iceland’s construction market is expected to maintain strong momentum, with continued investment in renewable energy, infrastructure, healthcare and sustainable aquaculture . Projects such as the expansion of the First Water facility  and the development of the Reykjavík hospital campus  highlight ongoing demand for reliable, high-performance crane solutions  capable of operating in extreme environments. Liebherr’s integrated approach combining equipment, engineering support and service positions the company to support Iceland’s long-term development goals. About About Liebherr Liebherr  is a global manufacturer of construction machinery and equipment, including tower cranes, mobile cranes and earthmoving machinery. The company is recognized for its engineering excellence and ability to deliver high-performance lifting solutions for complex and large-scale projects. Liebherr’s tower crane portfolio, including EC-B, EC-H, K and L series models, is widely used across infrastructure, energy and construction sectors worldwide. Website:   https://www.liebherr.com About Rüko Rüko  is a leading tower crane supplier and service provider in Iceland, operating since 2012. The company manages a significant fleet of Liebherr tower cranes and supports projects across the island with rental, service and technical expertise. With coverage of over 46% of Iceland’s tower crane market, Rüko plays a central role in enabling large-scale construction and infrastructure development in the region. Website:   https://www.ruko.is Frequently Asked Questions What role do Liebherr cranes play in Iceland? They support major projects across aquaculture, healthcare, energy and urban development . How many cranes are used on the First Water project? A total of seven Liebherr cranes  are deployed on the project. What is the New National Hospital project? It is one of Iceland’s largest healthcare construction projects, supported by a wide range of Liebherr cranes. How do Liebherr cranes perform in Iceland’s conditions? They demonstrate strong reliability and adaptability  in harsh climates and geologically active environments. Who supports Liebherr operations in Iceland? Local dealer Rüko  provides rental, service and technical support across the country. What market trend is shaping crane use in Iceland? There is a growing shift toward crane rental over ownership , increasing demand for flexible fleet solutions.

30-Second Takeaway Bray Cranes  has taken delivery of a 60-tonne Liebherr LTM 1060-3.1 , with a 90-tonne LTM 1090-4.2  due later this year. The investment continues the company’s expansion of its modern All Terrain crane fleet , supporting growing demand across the north east of England. Liebherr LTM 1060-3.1 UK rental company Bray Cranes  has taken delivery of a 60-tonne Liebherr LTM 1060-3.1 All Terrain crane , with a 90-tonne LTM 1090-4.2  scheduled to arrive later this year. The addition strengthens the company’s fleet of modern Liebherr cranes  and supports its continued growth in regional lifting operations. All Terrain Crane Capabilities The three-axle LTM 1060-3.1  is equipped with a six-section 48-metre main boom , which can be extended with a 9.5 to 16 metre bi-fold swingaway jib . This configuration provides a maximum tip height of more than 67 metres , along with up to 40 degrees of offset , offering versatility across a wide range of lifting applications. The crane can also carry its full 12.8 tonnes of counterweight  within the UK’s STGO regulations , which allow up to 16 tonnes per axle , improving transport efficiency and reducing the need for additional support vehicles. Ongoing Fleet Investment Strategy The new crane follows earlier additions at the end of 2024 , when Bray Cranes introduced another LTM 1060-3.1  along with a 40-tonne LTM 1040-2.1 . Managing director Neil Stephenson  said “We are delighted to start the year off with the arrival of this new LTM 1060-3.1 , expanding our fleet of modern Liebherr cranes. We tend to choose Liebherr cranes as they are not only reliable, but we also receive excellent back-up from the local field service engineers.” The upcoming arrival of the LTM 1090-4.2  will further enhance the company’s lifting capacity and jobsite flexibility. Regional Operations and Fleet Range Based in Birtley , south of Gateshead and Newcastle , Bray Cranes  operates across the north east of England . The family-run business was established in the early 1950s  as Reeds Cranes  and has since grown into a well-established regional lifting provider. Today, the company operates a diverse fleet ranging from a four-tonne Böcker aluminium truck crane , through compact city cranes , up to a 150-tonne Liebherr All Terrain crane , supporting a wide variety of lifting requirements. About About Bray Cranes Bray Cranes  is a UK-based, family-run crane rental company operating throughout the north east of England. Established in the early 1950s as Reeds Cranes, the company has developed a modern fleet of lifting equipment ranging from compact truck-mounted cranes to large All Terrain cranes. Bray Cranes is known for its focus on reliability, customer service and ongoing investment in advanced lifting solutions. Website:   https://www.braycranes.co.uk About Liebherr Liebherr  is a global manufacturer of construction machinery and equipment, including mobile cranes, tower cranes and earthmoving equipment. The company is widely recognized for its engineering excellence and innovation in lifting technology, particularly in the All Terrain crane segment , where models like the LTM series are known for performance, mobility and reliability. Website:   https://www.liebherr.com Frequently Asked Questions What cranes did Bray Cranes add to its fleet? Bray Cranes added a Liebherr LTM 1060-3.1  and has ordered a LTM 1090-4.2 . What is the capacity of the LTM 1060-3.1? The crane has a maximum capacity of 60 tonnes . What are the key features of the LTM 1060-3.1? It includes a 48-metre main boom , bi-fold swingaway jib , and a maximum tip height of over 67 metres . What is the benefit of STGO-compliant counterweight? It allows the crane to carry its full counterweight within UK transport regulations , improving efficiency and reducing logistics requirements. Where does Bray Cranes operate? The company operates across the north east of England . When was Bray Cranes established? The business was established in the early 1950s .

30-Second Takeaway LGH  has added a new 1,500-tonne modular spreader beam  to its global rental fleet, responding to increasing demand for high-capacity lifting solutions. Engineered by Modulift  and DNV-rated, the beam is designed for offshore, marine and infrastructure projects. Its modular configuration and trunnion-end design improve safety, flexibility and mobilisation efficiency. Modular Spreader Beam LGH has expanded its super heavy lift capabilities with the introduction of a new 1,500-tonne modular spreader beam , reinforcing its position in the global high-tonnage lifting market. The investment reflects growing demand from infrastructure, offshore, and heavy industrial sectors , where increasingly complex lifts require high-capacity and adaptable lifting solutions. High-Capacity Lifting for Offshore and Infrastructure The spreader beam, engineered by Modulift  and nicknamed “MEGAMOD,” is DNV-rated , making it suitable for offshore and marine environments. Applications include heavy-lift vessels, pipe-lay ships, offshore wind projects , and other demanding operations. Now integrated into LGH’s global rental fleet , the beam offers a working load limit of 1,500 tonnes at a 20-metre span , positioning it among the highest-capacity modular systems available. Modular Design Enhances Flexibility and Deployment The modular spreader beam  design enables flexible configurations, faster mobilisation and easier transportation compared to fixed systems. This allows the equipment to be deployed efficiently across a wide range of lifting scenarios. A key feature is its trunnion ends , which provide a shackle-free rigging solution . This innovation reduces rigging weight, improves safety, allows load rotation and accelerates mobilisation, delivering both time and cost efficiencies. Strengthening LGH’s Global Fleet The new unit expands LGH’s existing spreader beam fleet, which ranges from six tonnes to 1,500 tonnes , alongside a comprehensive portfolio of rigging equipment. Following assembly in Antwerp , the beam is scheduled for deployment on a heavy load testing project, with future applications expected across offshore installation, bridge construction, marine crane testing and industrial lifting operations . LGH CEO Andy Mault  said the investment highlights the company’s commitment to delivering safer, more efficient lifting solutions  for increasingly complex and demanding projects. About About LGH LGH (Lifting Gear Hire)  is a global provider of lifting and rigging equipment for construction, infrastructure, offshore and industrial applications. The company operates an extensive international rental fleet, offering high-capacity lifting solutions designed to support complex projects across multiple sectors. LGH is known for its focus on safety, engineering expertise and the delivery of innovative lifting systems for demanding environments. Website:   https://www.lgh.co.uk About Modulift Modulift  is a UK-based engineering company specializing in modular spreader beams and lifting systems. The company designs and manufactures high-capacity lifting solutions used across offshore, renewable energy, construction and heavy industrial sectors. Modulift’s modular systems are known for their flexibility, efficiency and compliance with international standards, including DNV certification for offshore applications. Website:   https://www.modulift.com Frequently Asked Questions What did LGH introduce to its fleet? LGH introduced a 1,500-tonne modular spreader beam  engineered by Modulift. What is the capacity of the new spreader beam? The beam has a working load limit of 1,500 tonnes at a 20-metre span . What industries will use this equipment? It is designed for offshore, infrastructure, marine, and heavy industrial applications . What makes the spreader beam unique? Its modular design  and trunnion-end configuration  allow for flexible setup, reduced rigging weight, improved safety and faster mobilisation. Is the spreader beam certified for offshore use? Yes, it is DNV-rated , making it suitable for offshore and marine operations. Where will the beam be deployed first? Following assembly in Antwerp , it will be used on a heavy load testing project  before broader deployment.

30-Second Takeaway The 2026 Bay Crane & Select Crane Sales acquisition of remaining Lomma assets  was the culmination of a long-structured transition in which operational control, technical systems, and liabilities were separated. Tes Inc.  retained the certifications required to operate cranes in New York City, while JK Crane  carried contracts, crews, and newer equipment as a WBE-certified entity. During this same period, J.F. Lomma Inc. and New York Crane lost competitiveness and contract presence  as operational capacity shifted away from them. Industry sources identify Jennifer Gabel as the architect behind this transition , positioning the business for acquisition while legacy liabilities remained behind.  Deal That Was Decided Before It Happened The transactions have largely unfolded without formal announcement, quietly taking shape behind the scenes. Within the crane industry, they are viewed as far more than a routine consolidation but rather the final phase of closing out all remaining Lomma entities , a process that had already been set in motion long before any public visibility. No formal press releases have been issued. Yet the signals are difficult to ignore: all Lomma company websites have gone offline , the TES Inc. website now redirects to Select Crane Sales , and Jennifer Gable is now serving in a consulting role with Bay Crane . That restructuring unfolded across multiple coordinated deals. Select Crane Sales acquired TES Inc. along with the tower crane assets , while Bay Crane acquired the remaining crane assets , effectively dividing and transitioning the Lomma-related business in a controlled and strategic manner. At the center of this transition is Jennifer Gabel , widely regarded within the industry as the architect behind how the Lomma business was repositioned prior to the sale. Rather than a sudden shift, these moves reflect a calculated effort to realign assets, operations, and market positioning in advance of the final transactions. While the Lomma name remained tied to J.F. Lomma Inc. and New York Crane, industry sources consistently point to Gabel as the only family member actively managing operations and direction during the company’s final phase, with her siblings having little involvement in day-to-day business decisions. The Weight Behind the Restructuring The Lomma-related entities were operating under the shadow of significant legal and financial obligations many of which dated back more than a decade. In the aftermath of the 2008 crane collapses in New York City , two of the most catastrophic in the city’s history resulting in nine fatalities, regulatory scrutiny intensified and permanently reshaped how tower cranes were inspected and approved. One of those incidents led to a jury verdict ordering New York Crane and Equipment Corp., James Lomma, and associated companies to pay $47.8 million  to the families of two construction workers. By 2016, James Lomma filed for bankruptcy , underscoring the mounting financial strain tied to litigation and ongoing operational pressure. Following his death in 2019 , the business entered a prolonged period of estate management, with ownership, liabilities, and control tied up in probate. The recent transactions represent the culmination of that process effectively marking the final settlement and unwinding of the Lomma estate. At the same time, the operational side of the business was already shifting. In the years leading up to the transition, J.F. Lomma Inc. and New York Crane did not disappear but they steadily lost ground. Across the NYC market, contractors and competitors observed: Fewer successful bids Reduced presence on major projects Misalignment with newer equipment Increasing association with past liabilities Confidence followed that shift. The companies still existed on paper but operationally, they were no longer where the work was happening. These were not isolated developments. They were parallel forces: financial pressure and operational displacement converging toward the same outcome The restructuring was not sudden.And it was not optional. It was inevitable. Where the Work Actually Went The key to understanding the transition is simple: The business didn’t collapse it was redistributed. And that redistribution followed a deliberate, multi-entity structure that separated assets, operability, and active work   before ultimately being absorbed or dissolved. TES Inc.: Control of Operability and the Sales Channel TES Inc. (Technical Equipment Services) held one of the most critical layers of value in the NYC crane market: Load test certifications Engineering approvals Maintenance and inspection records Compliance documentation required by regulators Without this data, cranes cannot be approved for operation regardless of their physical condition. This positioned TES Inc. as more than a service company. It controlled operability. But TES also played a second, equally important role. It served as the Link-Belt dealership  and functioned as a primary sales arm for the Lomma entities , bridging the gap between equipment ownership, distribution, and market placement. This meant TES sat at the intersection of: Compliance Equipment sales Manufacturer relationships As part of the restructuring, TES Inc. along with key tower crane assets was acquired by Select Crane Sales , transferring not just operability control, but also a key piece of the sales and dealership infrastructure into new ownership. JK Crane: Where the Work Consolidated, Then Disappeared At one stage of the transition, JK Crane (Lomma LLC dba JK Crane)  became the center of active operations. It carried: Contracts Crews Revenue-generating jobs Newer, deployable equipment As a WBE-certified company , JK Crane also had access to: City-funded work Infrastructure projects Procurement pipelines tied to compliance requirements Industry sources indicate that during this phase: the work followed JK Crane. However, JK Crane has since been dissolved , signaling that its role was transitional rather than permanent. Why the Legacy Companies Lost Bids From the outside, it appeared that J.F. Lomma Inc. and New York Crane were simply losing work. Inside the industry, the explanation is more structural. They no longer had alignment of: Crews Equipment Certification pathways Operational control In a market like New York City, that alignment is everything. This wasn’t just a decline in performance it was a systematic unwinding of capability. And once that alignment was broken, competing at the level required to win became increasingly difficult. The Architect Behind the Exit By the time the transactions surfaced within the industry in 2026, it was not the beginning of a deal it was the final step of something that had already been executed. At the center of it all was Jennifer Gabel , widely identified by industry sources as the architect behind the exit and the figure directing how the business was repositioned long before the outcome became visible. Not a passive successor. Not a symbolic figure. An active operator. While her siblings remained largely removed from operations, Gabel was consistently identified as the only Lomma family member actively guiding the business through its most critical phase embedded in the decisions that determined where operations lived, how technical control was maintained, and what ultimately carried forward. Industry sources describe her as: The operator guiding the business through its final phase The figure aligning TES Inc. (technical control)  with JK Crane (operations) The person ensuring continuity as legacy entities declined At the same time, she maintained a visible and active role within the Specialized Carriers & Rigging Association (SC&RA) , where she remained engaged, present, and positioned within the future of the industry. This created a dual reality: Internally  → restructuring and unwinding the business Externally  → maintaining industry presence and forward positioning What followed was not a collapse of the Lomma legacy. It was a controlled separation. One where the operational business moved forward, while the weight of prior liabilities remained tied to the past. To some in the industry, the outcome is viewed as restructuring.To others, it represents something more deliberate: An effort to ensure that while the liabilities stayed behind, the name and what it could still represent had a path forward. Asset Split: Where the Equipment Landed The crane assets did not transition as a single portfolio. Instead, they were divided: Select Crane Sales  acquired TES Inc. and tower crane-related assets Bay Crane  acquired the remaining crane assets This reflects a controlled separation of asset classes rather than a traditional consolidation. Editorial Note Following the original publication of this article, Jennifer Gable contacted the editorial team alleging inaccuracies  in the reporting. In response, the article was reviewed and revised to incorporate additional context , drawing from available public records, observable business changes, and corroborating industry insight  to ensure a more complete and accurate account. Despite being given the opportunity to identify and clarify the specific inaccuracies referenced, Gable declined to provide further detail  and instead requested that the article be removed in its entirety. At Crane Hub Global, we are committed to providing unbiased, fact-based crane industry news.  The editorial team stands by the reporting presented here, which reflects the most substantiated and verifiable information available at the time of publication . Frequently Asked Questions Were these transactions ever formally announced? No. There have been no formal press releases or public disclosures  outlining the full structure of these transactions. However, multiple industry signals including website shutdowns, domain redirects, and confirmed asset transfers indicate that the restructuring has already taken place. What happened to the Lomma companies? The Lomma-related entities were not shut down all at once. Instead, they were systematically unwound , with assets, operations, and technical control separated and transferred across multiple entities as part of a broader restructuring tied to estate settlement. Who acquired the assets? Select Crane Sales  acquired TES Inc. and the tower crane assets Bay Crane  acquired the remaining crane assets This reflects a deliberate division of the business , rather than a single-party acquisition. Was the tower crane acquisition confirmed? Yes. Jason MacKenzie confirmed the acquisition of the tower crane assets , reinforcing what industry sources had already indicated regarding the structure of the deal. What role did TES Inc. play in the business? TES Inc. controlled critical elements required for crane operation in NYC, including certifications, engineering approvals, and compliance records . It also served as a Link-Belt dealership and sales arm , making it both a technical gatekeeper and a commercial channel. What happened to JK Crane? JK Crane temporarily became the center of active operations, carrying contracts, crews, and revenue-generating work . It has since been dissolved , indicating its role was transitional during the restructuring. Why did J.F. Lomma Inc. and New York Crane lose competitiveness? They lost alignment across key operational components including crews, equipment, and certification pathways which are essential to compete in the NYC crane market. As those elements shifted elsewhere, their ability to win work declined. Who led the restructuring? Industry sources consistently identify Jennifer Gabel  as the central figure directing the transition aligning operations, technical systems, and business continuity during the final phase. She is now serving as a consultant with Bay Crane . How did past legal and financial issues impact this outcome? The companies operated under significant pressure from: The 2008 crane collapses  (9 fatalities) A $47.8 million jury verdict Bankruptcy filed in 2016 Estate proceedings following James Lomma’s death in 2019 The restructuring represents the final settlement and unwinding of those accumulated liabilities . Why is this transition significant to the industry? It demonstrates how a business can be strategically separated into operability, assets, and active work , allowing portions to continue forward while isolating legacy liabilities all without a formal public transaction.

30-Second Takeaway JLG  has expanded its training ecosystem with the launch of the JLG University YouTube channel , offering around 150 videos designed to support operators, technicians, and supervisors. The content reinforces key safety and operational concepts, complements formal training, and provides accessible, on-demand learning resources as part of the broader JLG University platform. JLG University YouTube Channel JLG Industries  has introduced a new JLG University YouTube channel , extending access to its training resources through a free, digital platform designed for industry professionals. The channel currently hosts approximately 150 videos , covering a wide range of topics including operator instruction, equipment-specific training, machine accessories, service and maintenance, and connectivity solutions . Training Content Designed for Real-World Application The video library is tailored to support operators, technicians, and supervisors , providing practical insights that align with on-site requirements. According to Logan Cunningham, Product Training Senior Manager at JLG: “The content is designed to complement guidance found in JLG operation and safety manuals and formal JLG training by reinforcing key concepts, highlighting equipment features and demonstrating best practices.” The platform includes both existing training materials  and new content developed in response to customer feedback and common field questions , ensuring relevance across evolving jobsite demands. Supporting the Broader JLG University Platform The YouTube channel forms part of the wider JLG University learning platform , which offers a structured approach to training and development. Accessible via http://jlgu.jlg.com , the platform allows users to: Purchase and access online and in-person training courses Track progress across operator, service, product knowledge, and supervisor programmes Manage licences and certifications Assign courses and enrol team members Monitor training completion and performance This integrated system provides companies with the tools to manage workforce development while maintaining compliance and safety standards. Enhancing Accessibility and Continuous Learning By launching the JLG University YouTube channel , JLG is expanding access to training beyond traditional formats, enabling users to engage with content on demand and in the field . The initiative reflects a broader industry shift toward digital learning solutions , where quick access to instructional content supports improved safety, efficiency, and equipment knowledge across job sites. About JLG Industries JLG Industries , a subsidiary of Oshkosh Corporation, is a global manufacturer of mobile elevating work platforms (MEWPs)  and telehandlers, widely recognized for its innovation in access equipment. The company provides a comprehensive range of solutions, including boom lifts, scissor lifts, vertical lifts, and telehandlers , serving construction, industrial, and maintenance sectors worldwide. Through platforms such as JLG University , the company delivers structured training and certification programmes designed to improve operator safety, equipment performance, and jobsite productivity . JLG continues to invest in digital learning tools and connected technologies to support workforce development across the access industry. Website https://www.jlg.com Frequently Asked Questions What is the JLG University YouTube channel? It is a free online channel offering training videos for operators, technicians, and supervisors , covering equipment operation, maintenance, and safety. How many videos are available on the channel? The channel includes approximately 150 training videos  across multiple categories. Who is the training content designed for? The content is designed for operators, service technicians, and supervisors  working with JLG equipment. How does the YouTube channel support JLG training? It complements formal JLG training and safety manuals  by reinforcing key concepts and demonstrating best practices. What is JLG University? JLG University  is a training platform that provides online and in-person courses , certification tracking, and workforce training management tools.

30-Second Takeaway The Liebherr MK 88-4.1E mobile construction crane  played a critical role in preparing the historic fountains at Herrenchiemsee Palace for winter, enabling precise placement of scaffolding and protective coverings over delicate 13-metre structures. Transported via cargo ferry by BKL Baukran Logistik, the crane’s high hook height, trolley travel, and advanced visibility systems ensured efficient, accurate installation despite challenging access and positioning requirements. The MK 88-4.1E mobile construction crane from BKL is erecting a scaffolding canopy over a historic fountain with figures in the park of Herrenchiemsee Palace. Liebherr MK 88-4.1E Shortly before winter each year, an essential preservation operation begins in the gardens of Herrenchiemsee Palace  in Bavaria. The site’s monumental fountain sculptures must be protected from frost and snow using specially constructed scaffolding and weatherproof coverings. To carry out this task, BKL Baukran Logistik GmbH  deployed a Liebherr MK 88-4.1E mobile construction crane , overcoming unique logistical challenges to deliver precision lifting in a historic environment. A Unique Crane Journey Across Lake Chiemsee Transporting the Liebherr MK 88-4.1E  to Herreninsel required careful planning. Before sunrise, the four-axle mobile construction crane  was loaded onto a cargo ferry for the crossing across Lake Chiemsee. After arriving on the island, the crane travelled to the palace grounds of King Ludwig II, where scaffolders from Westermaier GmbH  had already prepared pre-assembled components. Precision Lifting for Delicate Fountain Structures The selection of the Liebherr MK 88-4.1E  was critical to the success of the project. Christian Hofmann, project manager at Westermaier GmbH, explained: “Compared to a small mobile crane, the MK 88-4.1E offers significantly greater hook height. In combination with trolley travel, the scaffolding components can be lowered precisely over the delicate fountain figures.” The fountains, reaching heights of up to 13 metres , required highly controlled lifting. The crane’s horizontal jib and trolley system  enabled operators to guide loads accurately, even when working with long slings. Hook Height and Reach Enable Efficient Installation With its 45-metre foldable jib , the Liebherr MK 88-4.1E  can achieve hook heights of over 59 metres , providing sufficient range for the installation. Positioned outside the fountain basins, the crane required a reach of approximately 25 metres , which it handled with ease. The crane’s ability to operate at steep jib angles allowed for optimal positioning and control. Fast Repositioning Minimises Downtime The crane was repositioned once between two fountain installations, with the relocation completed in approximately 30 minutes  by an experienced BKL operator. This quick turnaround ensured continuous workflow, allowing installation work to proceed efficiently without delays. Enhanced Visibility for Centimetre Precision Operator control was enhanced by the crane’s elevated cab , positioned around 20 metres high , providing a clear line of sight across the work area. A hook camera system  further supported operations by delivering a vertical view of the load directly to the cab, enabling centimetre-accurate placement essential when working around historic and sensitive structures. Thanks to the ingenious folding mechanism, the boom system of a Liebherr mobile construction crane folds away fully automatically and quickly. This means the MK 88-4.1E can be moved quickly and is ready for use again at its new position.   Winter Protection Completed in a Single Day Once the scaffolding structures were installed, large weatherproof tarpaulins  were lifted into place to enclose the fountains. These coverings protect both the sculptures and technical systems from winter weather. By late afternoon, the work was completed, and the fountains were fully secured for the season. The Liebherr MK 88-4.1E  then folded its boom automatically and returned to the mainland via cargo ferry, completing a highly specialized and efficient operation. Job done. In the evening, the Herreninsel cargo ferry transported the BKL mobile crane back to the mainland. About Liebherr Group Liebherr Group  is one of the world’s leading manufacturers of construction machinery, mobile cranes, and heavy lifting equipment , with a reputation for engineering innovation, precision, and reliability. Founded in 1949, the company operates globally across multiple business segments, including mobile and crawler cranes, tower cranes, earthmoving equipment, mining, and maritime solutions . Within its crane portfolio, Liebherr’s MK mobile construction crane series  combines the flexibility of a mobile crane with the functionality of a tower crane. Models such as the Liebherr MK 88-4.1E  are specifically designed for urban construction sites, infrastructure projects, and complex lifting operations , offering fast setup, high hook heights, and precise load control through advanced trolley systems. Liebherr continues to lead the industry in hybrid and electric crane technology , supporting more sustainable jobsite operations while maintaining high performance standards across global markets. Website   https://www.liebherr.com About BKL Baukran Logistik GmbH BKL Baukran Logistik GmbH  is one of Europe’s leading providers of crane rental, heavy lifting logistics, and construction site solutions , specializing in mobile construction cranes, tower cranes, and project-based lifting services . Headquartered in Germany, BKL operates an extensive fleet of modern cranes and delivers tailored lifting concepts for complex and logistically demanding projects. The company is particularly recognized for its expertise in MK mobile construction cranes , enabling efficient operations in urban environments, restricted-access sites, and heritage locations  where precision and minimal setup time are critical. BKL supports a wide range of industries, including construction, infrastructure, industrial assembly, and specialized engineering projects . With a strong focus on planning, safety, and operational efficiency , BKL provides end-to-end services from transport and setup to on-site crane operation ensuring reliable execution of even the most challenging lifting tasks. Website: https://www.bkl.de Asked Questions What is the Liebherr MK 88-4.1E used for? The Liebherr MK 88-4.1E  is a mobile construction crane used for precise lifting operations, particularly in urban or restricted environments. Why was the MK 88-4.1E chosen for this project? It offers high hook height, precise trolley movement, and excellent visibility , making it ideal for working over delicate historic structures. How tall are the fountains at Herrenchiemsee Palace? The fountains reach heights of up to 13 metres , requiring careful and controlled lifting. How was the crane transported to the island? The crane was transported via a cargo ferry across Lake Chiemsee  before being driven to the worksite. What protects the fountains during winter? They are covered with scaffolding structures and weatherproof tarpaulins  to prevent frost and weather damage.

30-Second Takeaway The NCCCO Foundation  has introduced a new recruitment playbook  aimed at helping employers move beyond informal hiring practices. The guide provides structured strategies, targeted outreach tools, and resources to attract talent from underrepresented and adjacent industries, including women in trades, truck drivers, and construction workers . It is available as a free download  for industry stakeholders. NCCCO Foundation Targets Smarter Hiring Strategies The NCCCO Foundation (National Commission for the Certification of Crane Operators)  has launched a crane industry recruitment playbook  designed to modernise hiring practices across the sector. The initiative encourages employers to move away from word-of-mouth recruitment  and adopt more structured, strategic approaches  to workforce development. By providing a clear framework, the playbook aims to help companies attract, evaluate, and retain qualified talent more effectively. Focus on Skills Over Job Titles A key element of the recruitment playbook  is its emphasis on core competencies  rather than traditional job titles or qualifications alone. The guide highlights essential attributes for crane industry roles, including: Problem solving Concentration and focus Accountability Attention to detail This approach is intended to broaden the talent pool by identifying candidates with transferable skills who may not have considered careers in the crane sector. Targeting New Talent Pools The crane industry recruitment playbook  includes tailored guidance and tools for engaging three key target groups: Women entering skilled trades Truck drivers with commercial driving licences (CDLs) Construction workers transitioning into new roles Each group is supported with specific messaging, outreach strategies, and engagement tools , helping employers connect more effectively with these audiences. Practical Tools and Resources Included Beyond strategy, the playbook provides ready-to-use resources  to support implementation. These include: Recruitment messaging templates Images and video assets Step-by-step guidance for outreach campaigns The goal is to make it easier for employers to adopt structured recruitment methods without needing to develop materials from scratch. Industry-Wide Resource for Workforce Development T.J. Cantwell , executive director of NCCCO, said: “The playbook is a first for the crane industry by providing not only well founded and tested strategies for recruiting quality employees, but also sharing free messaging, images, and videos to implement the strategy. It’s intended for anyone recruiting for the crane industry, including contractors, crane companies, training providers, unions, and other workforce partners.” The resource is positioned as an industry-wide tool , supporting collaboration across employers, training organisations, and workforce development partners. Supporting Long-Term Workforce Growth The launch of the NCCCO recruitment playbook  reflects ongoing concerns around labour shortages and skills gaps  in the crane and construction sectors. By promoting more inclusive and strategic hiring practices, the foundation aims to support long-term workforce sustainability  and ensure the industry can meet growing demand. The playbook is available as a free download , making it accessible to organisations of all sizes. Dowload the playbbok here About The NCCCO Foundation  is part of the National Commission for the Certification of Crane Operators (NCCCO) , a US-based organisation focused on improving safety and standards in the crane industry through certification, education, and workforce development initiatives. The foundation supports research, outreach, and programs designed to strengthen the industry’s talent pipeline and promote best practices in training and recruitment. Website: www.ncccofoundation.org Frequently Asked Questions What is the NCCCO recruitment playbook? The NCCCO recruitment playbook  is a guide designed to help employers adopt structured hiring strategies and attract talent to the crane industry. Who is the playbook designed for? It is intended for contractors, crane companies, training providers, unions, and workforce partners  involved in recruiting for the crane industry. What talent groups does the playbook target? The playbook focuses on women in trades, truck drivers with CDLs, and construction workers changing roles . What resources are included in the playbook? It includes recruitment strategies, messaging templates, images, videos, and outreach guidance . Why is the playbook important for the crane industry? It helps address labour shortages  by expanding the talent pool and improving recruitment practices. Is the NCCCO recruitment playbook free? Yes, the playbook is available as a free download  for industry stakeholders.

30-Second Takeaway Kübler  has completed the first operational deployment of its STB 320 girder bridge  in a 36-axle configuration , transporting two 282-tonne transformers  for a key German energy project. The system demonstrated full 320-tonne payload capacity , efficient crane-free loading, and the ability to navigate complex routes while maintaining low axle loads. First Operational Use of STB 320 German heavy haulage specialist Kübler  has achieved a major milestone with the first operational deployment of its STB 320 girder bridge . The system was configured in a 36-axle setup , mounted on two 18-axle Scheuerle L13 platforms , and used to transport two heavy transformers weighing 282 tonnes each . Despite the extended configuration, the system achieved its full 320-tonne payload capacity , demonstrating its performance under maximum load conditions. Supporting Germany’s Energy Infrastructure The transported transformers were delivered to a 380 kV substation in Hardebek , part of a critical infrastructure project supporting Germany’s energy transition . The substation plays a key role in transmitting wind energy from northern regions to consumption centres in the south , highlighting the importance of reliable heavy transport solutions in large-scale energy projects. Multi-Modal Transport Operation The project involved a complex multi-modal logistics chain . The journey began in Mönchengladbach , where the transformers were transported by rail to the port of Krefeld . From there, they were shipped to Brunsbüttel , where a floating crane  transferred the cargo onto the quay. At this stage, the STB 320 girder bridge  enabled direct loading without the need for additional cranes , thanks to its integrated hydraulic lifting system. Overcoming Route Challenges The final 70-kilometre road transport  presented several technical challenges, including: Bridge load restrictions Tight urban sections Low-clearance structures The girder bridge’s lightweight design  played a crucial role in overcoming these obstacles, keeping axle loads below 13 tonnes  and eliminating the need for additional bridge reinforcement. The 90-metre-long convoy , with a total weight of 529 tonnes , successfully navigated complex routes including roundabouts and restricted access areas. Precision Handling and Advanced Technology The operation relied on advanced transport technology to ensure safety and precision. Key features included: Hydraulic height adjustment  for navigating obstacles Use of three powerful prime movers High manoeuvrability for tight route conditions These capabilities allowed the convoy to maintain stability and control throughout the journey. Efficient Execution of Complex Transport Each transformer was delivered within two nights , demonstrating Kübler’s ability to execute large-scale, time-critical transport operations  efficiently. The successful deployment of the STB 320 girder bridge  highlights its potential for future heavy transport projects requiring high capacity, flexibility, and minimal infrastructure impact. About Kübler  is a German heavy haulage and logistics specialist, providing transport solutions for oversized and high-weight cargo across infrastructure, energy, and industrial sectors. The company is known for executing complex, multi-modal transport operations and investing in advanced transport technologies to meet demanding project requirements. Frequently Asked Questions What is the STB 320 girder bridge? The STB 320 girder bridge  is a heavy transport system designed to carry loads of up to 320 tonnes  using modular axle configurations. What was transported using the STB 320? Two transformers weighing 282 tonnes each  were transported using the system. How was the transport carried out? The operation combined rail, sea, and road transport , with the final stage completed using the girder bridge. What challenges were involved in the transport? Challenges included bridge load limits, tight urban routes, and low-clearance structures . How long was the transport convoy? The convoy measured approximately 90 metres in length  and weighed 529 tonnes . Why is this project significant? It marks the first operational deployment  of the STB 320 girder bridge and demonstrates its capability in extreme heavy transport applications .

30-Second Takeaway JSC Rikon  has completed the final delivery stage of three identical fully automated A-RMG cranes  for the Madrid-Vicálvaro Intermodal Terminal  in Spain. Supplied to ADIF , the cranes are designed for fully unmanned operation and will form the backbone of the terminal’s automated container handling system. The more than €300 million  project is expected to become a major central Spanish logistics hub with annual capacity of around 150,000 intermodal units . JSC Rikon JSC Rikon has completed delivery of the second and third fully automated A-RMG cranes  to the Madrid-Vicálvaro Intermodal Terminal , marking the final stage of equipment supply for ADIF , Spain’s state-owned railway infrastructure manager. With all three identical units now delivered and received on site as of March 2026 , the terminal’s core automated handling fleet is now in place. The cranes were shipped directly from Rikon’s own berth and are ready for assembly, installation and commissioning. A-RMG Cranes for Madrid-Vicálvaro Terminal The three fully automated A-RMG cranes  have been designed for fully unmanned operation, reinforcing the terminal’s role as a next-generation logistics facility. Each crane is equipped with Rikon’s proprietary Remote Operation System , which is intended to support high-precision control and optimized container handling performance. This level of automation positions the Madrid-Vicálvaro Intermodal Terminal among the most advanced intermodal developments in the region, reflecting the continued shift toward smarter, more efficient cargo handling infrastructure across Europe. Major Investment in Spain Intermodal Logistics The Madrid-Vicálvaro Intermodal Terminal  represents an investment of more than €300 million  and is expected to become a key logistics hub for central Spain. Once operational, the facility will provide strategic connections between the Atlantic  and Mediterranean rail corridors , strengthening inland distribution and improving multimodal freight flows. The terminal is expected to handle approximately 150,000 intermodal units annually , underlining its significance within Spain’s evolving freight and rail infrastructure network. Rikon Strengthens European Market Presence The successful completion of all three deliveries highlights JSC Rikon’s  growing footprint in the European market and its ability to execute large-scale infrastructure projects. The Madrid-Vicálvaro milestone builds on the company’s previous references in Valencia  and other major logistics hubs. As automation continues to shape the future of cargo handling, Rikon’s latest delivery demonstrates its commitment to supporting the development of high-efficiency logistics terminals  across Europe. About About JSC Rikon JSC Rikon  is a crane and port equipment manufacturer specializing in automated and high-performance cargo handling solutions for intermodal, port and logistics applications. The company continues to expand its footprint across Europe through the delivery of advanced lifting systems, including fully automated A-RMG cranes  designed to improve terminal productivity, precision and operational efficiency. Rikon’s proprietary technologies, such as its Remote Operation System , support the development of next-generation terminals built around automation and high-efficiency performance. Website:   https://www.rikongroup.com About ADIF ADIF (Administrador de Infraestructuras Ferroviarias)  is Spain’s state-owned railway infrastructure manager, responsible for the development, maintenance and modernization of the country’s rail network. Through major infrastructure projects like the Madrid-Vicálvaro Intermodal Terminal , ADIF plays a key role in strengthening Spain’s freight connectivity and advancing intermodal logistics across national and international rail corridors. Website:   https://www.adif.es Frequently Asked Questions What did JSC Rikon deliver to the Madrid-Vicálvaro Intermodal Terminal? JSC Rikon  delivered the second and third fully automated A-RMG cranes , completing the supply of three identical units for the terminal. Who is the customer for the Madrid-Vicálvaro crane project? The customer is ADIF , Spain’s state-owned railway infrastructure manager. What is special about the A-RMG cranes supplied by Rikon? The A-RMG cranes  are designed for fully unmanned operation and are equipped with Rikon’s proprietary Remote Operation System  for precise and optimized container handling. What is the expected role of the Madrid-Vicálvaro Intermodal Terminal? The terminal is expected to become a major logistics hub for central Spain, linking the Atlantic  and Mediterranean rail corridors . How much investment is involved in the Madrid-Vicálvaro project? The project represents an investment of more than €300 million . How much traffic is the terminal expected to handle? Once operational, the terminal is expected to handle around 150,000 intermodal units annually .