Latest news from Heavy Lift & Project Forwarding International Magazine

Tiong Woon performs in 2013

May 9 - Singapore headquartered Tiong Woon Corporation Holding has issued its financial results for the nine months ending March 31, 2013.

The company has seen a 32 percent rise in revenue year-on-year to SGD145 million (USD118.1 million). Net profit for the 2013 trading period stood at SGD13.1 million (USD10.67 million) - in 2012 the Tiong Woon scored a SGD900,000 profit (USD732,780).
Tiong Woon attributed the gains to increased demand from the heavy lift and haulage, fabrication, engineering and trading segments.
Notably, Tiong Woon has seen demand for its Heavy Lift and Haulage services surge in the first nine months of 2013, resulting in revenue growth of 35 percent year-on-year to SGD110 million (USD89.5 million).

"Despite the prevailing economic uncertainties and competitive environment in which Tiong Woon operates, our financial results have shown that we have done well," commented Tiong Woon's group chairman and managing director, Ang Kah Hong.

Heavy Lift | News

Sims Crane appoints Lester thumbnail image

Sims Crane appoints Lester

July 19 - Florida’s Sims Crane & Equipment has named Jared Lester as its business development manager. 
Views: 494
ITI and FHS to open Florida training centre thumbnail image

ITI and FHS to open Florida training centre

July 19 - Florida Handling Systems (FHS), a Mazzella Company, and Industrial Training International (ITI) have confirmed that they will develop a training centre in Bartow, Florida.
Views: 497

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.