Palfinger

Last updated

PALFINGER AG
Company type Stock Company
Industry Engineering
Founded1932
FounderRichard Palfinger
Headquarters Bergheim, Austria
Key people
RevenueIncrease2.svg€2,226,241,000 (2022)
Number of employees
12,210 (2022)
Website www.palfinger.com
Footnotes /references
[1] [2]

The company Palfinger AG is an Austrian manufacturer of hydraulic lifting, loading and handling systems, especially known for the cranes. With 150 models and a market share of 35 percent, the company is the world market leader. The Palfinger Group comprises 84 companies in 32 countries, with 33 manufacturing and assembly sites and approx. 5,000 sales and service locations in more than 130 countries on all continents.

Contents

History

The history of Palfinger dates back to 1932, with the founding of a repair shop for agricultural trailers, tippers and vehicle bodies by Richard Palfinger. The company built its first crane in 1959, and Richard's son Hubert specialized in hydraulic loading cranes in 1964. In 1989, Palfinger exported over 90% of its production to about 70 countries. In 1999, the company went public. In the past 20 years, the focus was on diversification as well as internationalization. In June 2018 Andreas Klauser took over as the CEO. [3]

Shareholders

Around 56.4% of the Palfinger Group is owned by the Palfinger family, 7.5% by Palfinger AG itself, and around 36.1% is in diversified holdings. [4] Since June 1999 Palfinger has been listed on the official market of the Vienna Stock Exchange. [1] Since mid-June 2000 the shares of Palfinger AG have also been traded on the OTC market of the Stuttgart, Berlin, Düsseldorf and Frankfurt stock exchanges. [4]

Products

Palfinger produces a number of different types of lifting solutions for specialised and more general applications.

Pk 135.002 TEC 7 PK 135002 TEC7 Koestendorft.jpg
Pk 135.002 TEC 7

Palfinger considers itself the global market leader for loader cranes, timber and recycling cranes, marine cranes, wind cranes, hooklifts and railway systems. The acquisition of the globally-operating Harding Group in 2016 also made Palfinger the world's market leader in maritime lifesaving equipment. The company is also a leading specialist in tail lifts and truck mounted forklifts. [5]

Related Research Articles

<span class="mw-page-title-main">Forklift</span> Powered industrial truck

A forklift is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th century by various companies, including Clark, which made transmissions, and Yale & Towne Manufacturing, which made hoists. Since World War II, the use and development of the forklift truck have greatly expanded worldwide. Forklifts have become an indispensable piece of equipment in manufacturing and warehousing. In 2013, the top 20 manufacturers worldwide posted sales of $30.4 billion, with 944,405 machines sold.

<span class="mw-page-title-main">Crane (machine)</span> Type of machine

A crane is a type of machine, generally equipped with a hoist rope, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It is mainly used for lifting heavy objects and transporting them to other places. The device uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of a human. Cranes are commonly employed in transportation for the loading and unloading of freight, in construction for the movement of materials, and in manufacturing for the assembling of heavy equipment.

<span class="mw-page-title-main">Heavy equipment</span> Vehicles designed for executing construction tasks

Heavy equipment, heavy machinery, earthmovers, construction vehicles, or construction equipment, refers to heavy-duty vehicles specially designed to execute construction tasks, most frequently involving earthwork operations or other large construction tasks. Heavy equipment usually comprises five equipment systems: the implement, traction, structure, power train, and control/information.

Toyota Industries Corporation is a Japanese machine maker. Originally, and still actively, a manufacturer of automatic looms, it is the company from which Toyota Motor Corporation developed. It is the world's largest manufacturer of forklift trucks measured by revenues.

Hydrauliska Industri AB (Hiab) is a Swedish manufacturer of loader cranes, demountable container handlers, forestry cranes, truck-mounted forklifts and tail lifts. The company is owned by the Cargotec Corporation.

<span class="mw-page-title-main">Loading dock</span> Area of a building where goods are loaded and unloaded

A loading dock or loading bay is an area of a building where goods vehicles are loaded and unloaded. They are commonly found on commercial and industrial buildings, and warehouses in particular. Loading docks may be exterior, flush with the building envelope, or fully enclosed. They are part of a facility's service or utility infrastructure, typically providing direct access to staging areas, storage rooms, and freight elevators.

<span class="mw-page-title-main">Clark Material Handling Company</span>

Clark Material Handling Company (CMHC), also known as CLARK or CLARK the Forklift, is an American manufacturer of forklift trucks based in Lexington, Kentucky. The company has manufacturing facilities in Changwon, South Korea, Lexington, Kentucky, Qingdao, China, and Hanoi, Vietnam. CLARK currently (2023) offers one of the broadest product lines in the industry, with products covering all five forklift classes, ranging from hand pallet jacks to 18,000 pound-capacity sit down forklifts.

<span class="mw-page-title-main">Crane vessel</span> Ship with a crane specialized for lifting heavy loads

A crane vessel, crane ship, crane barge, or floating crane is a ship with a crane specialized in lifting heavy loads, typically exceeding 1,500 t for modern ships. The largest crane vessels are used for offshore construction.

<span class="mw-page-title-main">Hoist (device)</span> Device used for lifting or lowering a load

A hoist is a device used for lifting or lowering a load by means of a drum or lift-wheel around which rope or chain wraps. It may be manually operated, electrically or pneumatically driven and may use chain, fiber or wire rope as its lifting medium. The most familiar form is an elevator, the car of which is raised and lowered by a hoist mechanism. Most hoists couple to their loads using a lifting hook. Today, there are a few governing bodies for the North American overhead hoist industry which include the Hoist Manufactures Institute, ASME, and the Occupational Safety and Health Administration. HMI is a product counsel of the Material Handling Industry of America consisting of hoist manufacturers promoting safe use of their products.

Konecranes Oyj is a Finnish company, headquartered in Hyvinkää, which specializes in the manufacture and service of cranes and lifting equipment as well as the service of machine tools.

<span class="mw-page-title-main">Straddle carrier</span>

A straddle carrier or straddle truck is a freight-carrying vehicle that carries its load underneath by "straddling" it, rather than carrying it on top like a conventional truck. The advantage of the straddle carrier is its ability to load and unload without the assistance of cranes or forklifts. The lifting apparatus under the carrier is operated by the driver without any outside assistance and without leaving the driver's seat.

Hydraulic hooklift hoists are mounted on heavy duty trucks to enable hauliers to change out flatbeds, dumpster bodies, and similar containers. Primarily used in conjunction with tilt frame bodies and specialised roller containers, generally designed for the transportation of materials in the waste, recycling, scrap and demolition industries, as well as for disposal of construction debris.

<span class="mw-page-title-main">Material-handling equipment</span> Machinery and equipment used for transporting objects and materials

Material handling equipment (MHE) is mechanical equipment used for the movement, storage, control, and protection of materials, goods and products throughout the process of manufacturing, distribution, consumption, and disposal. The different types of equipment can be classified into four major categories: transport equipment, positioning equipment, unit load formation equipment, and storage equipment.

Tadano Ltd. is the main and largest Japan-based manufacturer of cranes and aerial work platforms, considered one of largest crane manufacturers in the world.

Sany Heavy Industry Co., Ltd. is a Chinese multinational heavy equipment manufacturing company headquartered in Changsha, Hunan. It is the 3rd-largest heavy equipment manufacturer in the world, and the first in its industry in China to enter the FT Global 500 and the Forbes Global 2000 rankings. Its founder and main shareholder is Liang Wengen.

<span class="mw-page-title-main">Liebherr</span> Swiss heavy equipment company

Liebherr is a German-Swiss multinational equipment manufacturer based in Bulle, Switzerland, with its main production facilities and origins in Germany.

<span class="mw-page-title-main">Roller container</span>

A roller container is a container type that can be carried by trucks to be pushed to ground level by help of a hook and level arm with the container possibly sliding on steel roller wheels.

PALFINGER MARINE is an international manufacturer of innovative deck equipment and lifesaving appliances. The company is part of the Palfinger Group, a leading manufacturer of cranes and lifting equipment. Palfinger Marine's headquarter is in Salzburg and the company has 25 sales and service hubs in Europe, Asia, North- and South America, the Middle East, and Africa.

An electric tug is a battery-powered and pedestrian-operated machine used to move heavy loads on wheels.

Outreach Offshore Ltd is a supplier of hydraulic cranes, lifting and access equipment. The company was founded in 1990 and its headquarters are in Falkirk, Scotland. Formerly a division of Outreach Ltd, Outreach Offshore continued after the formal disbanding of the parent company in May 2018.

References

  1. 1 2 "Palfinger AG : Vienna Stock Exchange". Wiener Börse AG. Archived from the original on 29 May 2023. Retrieved 21 July 2023.
  2. "Annual Report 2022 - Key figures". Palfinger. Retrieved 21 July 2023.
  3. "History". Palfinger. Archived from the original on 25 May 2018. Retrieved 26 February 2020.
  4. 1 2 "Stock - Shareholder Analysis". Palfinger. Retrieved 21 July 2023.
  5. "Integrated Annual Report 2019". Palfinger. Retrieved 21 July 2023.