Latest news from Heavy Lift & Project Forwarding International Magazine

ALE secures expansion credit

September 26 - Staffordshire, UK based Abnormal Load Engineering (ALE) has secured funding from a lending club of four banks, including Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB), to support its ongoing international expansion plan

ALE is one of the world's largest heavy lifting and transportation firms. The firm caters for lifting, transporting, installing, ballasting, jacking and weighing very heavy loads, typically in excess of 300 tonnes.

According to ALE the undisclosed refinance package provides the group with a material increase in both revolving credit and bonding facilities to support the continued growth of the business.

Malachy McDonnell, group finance director of ALE, commented: "I appreciate the support of our banking group. The additional liquidity will help us to deliver on our strategic objectives."

 

www.ale-heavylift.com

Heavy Lift | News

Liebherr delivers a first in the USA thumbnail image

Liebherr delivers a first in the USA

February 19 - North Carolina Ports (NCP) has added a Liebherr LPS 420 rail-mounted gantry harbour crane at its terminal at the port of Morehead City.
Views: 101
Airfreight industry responds to coronavirus outbreak thumbnail image

Airfreight industry responds to coronavirus outbreak

February 19 - Russia’s Volga-Dnepr Group has operated sterilised charter flights to China to deliver masks, sanitiser gels, pharmaceuticals and medical equipment in response to the coronavirus outbreak.
Views: 110

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