AUSA’s telescopic forklift truck, TAURULIFT T204H, is awakening a great deal of interest in countries in the north of Europe. The response from distributors and customers is a guarantee for heavy penetration in several sectors over the coming months.

Northern European distributors are happy with one of AUSA’s latest products. The compact all terrain forklift truck with an extendable boom, folding cab and hydrostatic transmission, also known as the T204H, is convincing local workers. More specifically, Sweden is the country in which the telescopic forklift truck is capturing the interest of many professionals in search of machines with important advantages that “allow us to be more competitive to be able to keep our head above water during these difficult times” in the words of Josep Soler, AUSA Export Manager.

(NEW YORK) - Terex Corp (TEX.N) may not complete its purchase of the port equipment businesses of Fantuzzi Industries, it said on Friday, prompting the Luxembourg-Italian company to counter that it saw no obstacle to finalizing the deal.

The U.S. maker of capital equipment for construction said in August it would buy the businesses of Fantuzzi, which makes container handling equipment, for 215 million euros ($271 million). This week, Terex won approval from EU competition authorities for the deal.

On November 21st Hyundai Heavy Industries Co., Ltd. (HHI) completed a construction equipment factory in Pune, Maharashtra, in Western India, to support its Indian operations.

HHI invested US$52 million in the Indian operation. The company’s office building has 15,000m2 of floor space, while the factory, which is capable of producing 2500 Excavator units annually, covers 202,000m2.