Lifting Industrial Equipment Market is Estimated to Grow

The industrial lifting equipment market is estimated to grow from USD 63.96 billion in 2018 to reach USD 79.73 billion by 2023, at a CAGR of 4.51% between 2018 and 2023. The key driving factors for the growth of the industrial lifting equipment market are increasing demand for lifting loads in the shipping industry, growing demand for forklifts in warehouse and logistics segment, and the rising demand for cranes and hoists in the mining industry.

However, the high initial cost associated with industrial lifting equipment hinders the market growth

The market for mobile cranes to grow at a higher CAGR during the forecast period  Lifting-Container

The market for mobile cranes is expected to exhibit a significant growth during the forecast period owing to the increasing demand in the construction and mining industry. Due to high mobility, high travelling speed, and less time for setup on construction sites, the market for mobile cranes is increasing. Mobile cranes are commonly used in the construction of buildings and assembling of heavy equipment.

The use of mobile cranes in drilling rigs, construction sites, aerospace, marine, and shipping & material handling industry has gained the popularity; where lifting and lowering require expansive displacements.

The market for electric forklift is expected to grow at the highest rate during the forecast period
Electric forklifts are powered by batteries or fuel cells. Electric forklifts are mostly used in indoor environments as they offer improved energy efficiency and low noise level. Electric forklifts are mostly used in indoor environments as they offer improved energy efficiency and low noise level.

Electric forklifts are gaining acceptance, as they are environment-friendly and produce low noise during operation; they do not emit harmful gases. Moreover, electric forklifts have low operation and maintenance costs, and are easier to operate than internal combustion engine forklifts

The hoist market in Europe to grow at the highest CAGR during the forecast period
Europe is projected to grow at the highest CAGR between 2018 and 2023 in the industrial lifting equipment market for hoists. The demand from the automotive industry drives the hoists market in France. Given the product competitiveness in the market, automotive manufacturers, component providers, and suppliers seek to gain a competitive edge by offering quality products.

The break-up of the profiles of primary participants for the report has been given below:
• By Company Type: Tier 1 = 60%, Tier 2 = 30%, and Tier 3 = 10%
• By Designation: C–Level Executives = 45%, Directors = 30%, and Others = 25%
• By Region: North America = 40%, Europe = 20%, APAC = 35%, and RoW = 5%

More details: Cision PR Newswire

Read the full report: https://www.reportlinker.com/p05345163

 

Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on FacebookTwitter and LinkedIn for more news and upcoming events.

CM Tornado 360° Lever Hoist 9T Capacity Available Now

CM-Tornado

The revolutionary CM Tornado 360° is now available in 9-ton capacities – growing the Tornado 360° family that includes 3/4, 1-1/2, 3 and 6 ton units.

Featuring the one-of-a-kind Sidewinder lever handle, the CM Tornado 360° allows for efficient operation in both lifting and pulling applications. Ergonomically designed for increased safety, the CM Tornado lets you work up to 12 times faster and with as much as 30% less pull force than with conventional ratchet lever tools.

Units also feature an optional internal load limiter that helps prevent the lifting of an overload that could CM-Tornado-2sufficiently damage the hoist.

Download the CM Tornado Product Brochure here.

CM is the Global Leader in Providing Products and Application Knowledge to Help Customers Lift, Position, or Secure Materials Easily and Safely

Columbus McKinnon (NASDAQ: CMCO) is a leading worldwide designer, manufacturer and marketer of motion control products, technologies, systems and services that efficiently and ergonomically move, lift, position and secure materials.

Headquartered in Buffalo, New York, our key products include hoists, cranes, actuators, rigging tools, light rail work stations, and digital power and motion control systems. We are focused on commercial and industrial applications that require the safety and quality provided by our superior design and engineering know-how.

Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

Crane & Rigging Companies join Forces for Lifting Project

crane-seattle

Omega Morgan crane superintendent Eldon Ash and senior engineer Kai Farrar, as well as Apex Steel owner Kevin Koester and engineer Ron Roberts, were tasked with an intriguing and complicated lifting challenge. More than a year of planning, engineering, testing and simulations went into the design of the project known as 2+U, named for its location on 2nd Avenue and University Street in Seattle, WA. The high-rise project is being developed by Skanska USA.

The engineering of structural columns supporting the proposed 38-story office complex provided an intricate challenge in ensuring the Y-shaped columns could distribute the weight of every floor above evenly on the foundation while maintaining a 72-degree angle of installation.

Faced with several issues that could have stalled the project before it even began, Omega Morgan and Apex Steel engineers went over several options to determine the best way to perform the required lifts when available space and increased weights of the columns caused the original lift plan to be scrapped.

“Initially, we were going to use two cranes, and then we were going to use a crane and a tri-lifter, but as the load got heavier and heavier, and as the jobsite got tighter and tighter for access, we had to come up with some more innovative ways to pick and stand these things up, and that’s when I came up with this idea,” said Farrar.

Rigging gear

  • 37.5-ton JDN 37TI
  • Air Chain Hoist with 35-foot HOLCrane Seattle 2
  • 50-ton JDN 50TS
  • Air Chain Hoist with 35-foot HOL
  • 60-ton WLL
  • Single Sheave Blocks, 24-inch diameter and 2-inch wire rope

Skip-around schedule

Charged with leveraging their skill and experience to come up with a way to utilize a limited amount space and a strict schedule of road closures to set the foundation for the office tower project, Omega Morgan and Apex had to adapt a skip-around schedule based on which roads would be closed to complete the project while avoiding falling behind schedule.

The engineering of the supports that would be installed at a 72-degree angle – and which start on the second floor and run up through the next five stories – left no room for error in the construction and placement. Further, engineering the lifts of each section of the columns posed its own problem. With the columns being assembled in a sort of “Y” shape, the assembled height and weight made it essential to install them in sections. Fully assembled, each column came in with the base, installed separately, weighing in around 50,000 pounds with two arms run at a 72-degree angle that span around 60 to 70 feet tall with a final weight of 165,400 pounds for the heaviest columns. The rigging itself weighed 5,528 pounds. Ensuring all pieces lined up properly to evenly distribute the weight with only enough space for one crane, calculations had to be precise.

Once on-site, further challenges crept up that called for on-the-fly adjustments. The position of the crane had to be modified to avoid swinging the counterweight too close to a tree trunk, which would break branches. The crane was moved five feet away to be able to tie the branches back and assure no contact. This move required the crane be set on a wooden ramp to level it out given the slope of University Avenue.

Once the columns were fabricated and weighed, the numbers came in significantly heavier than planned. The tight nature of the jobsite inside the building did not allow space for two cranes with the capacity required. It became clear that a rigging scenario in which a single crane could pick and upright the columns would be necessary.

Creative rigging

Crane-Seattle-3

Because of the tight space on-site, it was not possible to use a boom suspension system to stabilize a longer boom to get enough capacity to make the picks, limiting the boom length to 118 feet with no boom suspension. The short boom and head room required that the single crane rigging setup be as short as possible.

The two cranes on the job were a 485-ton capacity Liebherr LTM 1400 all-terrain crane rigged with a main boom of 118 feet and a maximum radius of 45 feet and a 550-ton Grove GMK 7550 rigged with a main boom of 148 feet and a maximum radius of 70 feet.

Equipping the cranes with a 37.5-ton air chain hoist and a pair of 60-ton sheave blocks, the crew was able to perform the work typically done with the aid of a tailing device while utilizing only one crane and saving on the head room required to perform the lift.

“One thing that was unique about this rigging scenario was that using the rolling blocks and the chain lift in this way, as the load goes through its rotation, the head height at the final rotation is minimized compared to other systems that are similar like a tri-block that runs the secondary line down, but the rigging height that you end up with was too much for our project,” said Farrar. “This rolling block/hoist system really minimizes the head room once the columns are upright. Because the site was so tight, we couldn’t use any kind of boom suspension like a mega-wing or guy wires since they stuck out too far and would have interfered with the building core and a lot of the structural elements, so we had to stick to short-length, main boom only and couldn’t have any tall rigging.”

Farrar engineered the rolling block setup to create the safest, most efficient pick possible that allowed them to run the lift with one crane and save on the space required compared with other options. Limited on viable options, the use of a tri-block system would no longer work in this application, so the creative use of an air chain hoist paired with rolling blocks saved time and money. Keeping a spare 50-ton air chain hoist on site, which never left its shipping container, ensured there would be minimal risk of unplanned downtime in the event of a mechanical breakdown.

Continue reading this article here

Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

New Safety Legislation for Alberta’s Agriculture Sector

Safety System

A new legislation will soon require Alberta farmers to ensure their farms are equipped with proper safety plans. Emergency response, fall protection, and hazard assessments are just some of the plans that will be implemented to ensure worker safety on Alberta farms. The Alberta agriculture sector will now begin using checklists to help maintain these safety programs.

Alberta farms and ranches with paid employees will soon be required to follow a slate of new safety rules, some of which address using seatbelts, operating older equipment and conducting inspections.

The province announced the incoming changes in an effort to strike a balance between keeping farm workers safe while ensuring operators can practically abide by

Agriculture

them. They don’t apply to family members or neighbours helping on the farm.

Starting Dec. 1, seatbelts will be required wherever possible for all equipment that is over 700 kilograms. If it’s not possible to install them, the rules state farmers must use reasonably practical methods, like driving slow.

As well, farmers will still be able to use or sell existing equipment even if it’s not up to the latest manufacturer code. This means farmers won’t need engineers to come onto their farm to write up safety manuals for old equipment.

As well, these legacy equipment rules won’t affect dealers because all new equipment is considered up to code.

The rules regarding seatbelts and old equipment were some of the main sticking points among producers last fall, which is when the technical farm working groups put forward recommendations for review.

“It didn’t make sense for us to bend on legacy equipment,” said Agriculture Minister Oneil Carlier.

In fact, the contentious rules were years in the making. Following massive protests in 2015, the government did extensive consultations with groups like the AgCoalition, which was established to provide advice on farm safety, to come up with changes that it hoped would ease concerns.

As well, AgSafe Alberta, a producer-led group, was developed to help farms get up to date on the incoming changes.

Other rules state that farmers will be able to raise or lower workers in loader buckets in the rare case that it’s not reasonable or practical to use a machine for that purpose.

As well, producers using equipment weighing over 700 kg will need to complete a rollover hazard assessment and either use a rollover protective structure or do other safe working procedures.

The rules said fall-protection equipment might not be practical or possible, so safe work procedures can be grain-elevatorimplemented in place of this.

Workers can also be transported on loads under controlled conditions. Their access to work areas must be safe, and structures must be strong enough to support them.

The province is providing $6 million over the course of three years for the purpose of helping producers with waged employees adopt the new rules. It will provide up to $10,000 per person. More details on the program will be announced later in the year.In terms of hazard inspections, farmers can conduct inspections whenever they feel necessary. Visual inspections before using equipment are good enough.

Farms that have 20 or more workers who are employed for 90 days or longer must establish a health and safety committee. The committee must keep records of safety meetings and make recommendations to the employer on how they can improve safety.

Farms with fewer than 20 workers who are employed for 90 days or longer will be required to have someone designated as a health and safety representative. The representative will be responsible for addressing complaints and doing regular inspections to mitigate potential hazards.

OHS officers can be called to investigate a farm if a complaint is filed or if the farm reported a serious injury or death.

In the long run, OHS visits will be focused on farms with higher incidences of injuries and incidents. They will focus on compliance assistance and promote AgSafe Alberta resources.

Keep you workers safe, especially when it comes to working at heights. Hercules SLR stocks a wide range of Fall Protection systems from leading manufacturers – from Roofing kits to ladders systems, harness and lanyards. We can also provide you with customized training and solutions to suit your every need. If you would like more information please contact us toll free at (877) 461 4876.

Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

Netherlands Builds the First Road Made from 100% Plastic

Plastic-Road

Three industry giants are joining forces to make the PlasticRoad, a road made of 100% recycled plastic from the ocean, becomes a reality. KWS, in collaboration with Wavin and Total combined their knowledge, experience, and resources to build the first road made from 100% recycled plastic

The ‘cycle’ path to the PlasticRoad

The first pilot project will be a 30-meter-long cycle path made of hollow prefabricated elements enabling water drainage and laying down of cables and pipes. The PlasticRoad partners KWS, Wavin and Total have worked extensively on the development and testing of the concept to validate and optimize performance such as the load bearing capacity of the modular elements, the appropriate blends of recycled plastic and the three-dimensional design of the road itself. In addition, research focused on the reduced environmental impact has been carried out. The positive results achieved to date support moving forward to make the first pilot project reality.

After an extensive period of design, testing and development, we are delighted that the PlasticRoad is becoming a reality. Together with the municipality of Zwolle and the province of Overijssel, we as PlasticRoad partners are taking steps towards a more sustainable world with this first PlasticRoad cycle path.
Anne Koudstaal and Simon Jorritsma , inventors of the PlasticRoad and KWS employees
The brainchild

The PlasticRoad concept was conceived by VolkerWessels’ enterprise, KWS, the largest road construction company in the Netherlands. After observing the road network build and maintenance related issues faced by urban areas the idea of a road made from 100% recycled plastic waste from the ocean made

Plastic Road 2

 complete sense. To accomplish this sustainable feat and develop a PlasticRoad prototype, three industry giants (KWS, Wavin and Total) have joined forces. Wavin, who is a world leader in recycled plastic pipe systems, along with oil and gas company Total, provide the perfect combination of knowledge, expertise and experience to align with KWS in this ground-breaking endeavour.
Why the PlasticRoad ?

A few facts….

  • Around 8 million metric tonnes end up in the oceans each year
  • 54% of plastic is still incinerated or dumped into landfills today
  • only 14% of plastic waste is currently recycled

(Ellen MacArthur fondation: The New Plastics Economy: Rethinking the future of plastics)

With the PlasticRoad, we will bring plastic waste back into the chain, thus reducing the environmental impacts of building and maintaining a road. The concept of PlasticRoad is completely in sync with environmental initiatives like Cradle to Cradle (C2C) and The Ocean Cleanup. Plastic from the ocean is recycled and made into prefabricated road parts that can be installed in one piece – making the installation easy, quick and lightweight. It also alleviate the continuous issues linked to asphalt and paved roads: erosion, weeds, potholes, surface flooding, surface heating, noise.

The PlasticRoad is:

  • prefabricated with hollow space for drainage pipes, cabling and flood water attenuation
  • 70% faster to install than traditional road surfaces
  • expected to last 3 times longer than traditional paved roads
  • half the construction cost

There are an estimated 40 million kilometres of road worldwide (Science Advances: Production, use, and fate of all plastics ever made). The potential of the recycling and re-use of plastic in roads is huge.

This is a really solid way of reusing plastic.

Katinka Von Der Lippe , INDEX Award Jury Member and Strategic Designer & Manager at Eker Design Hydrolift

Next steps for the PlasticRoad

Wavin is excited to be an integral part of this project and delighted to be working alongside KWS and Total. We will certainly keep you posted with the results of the installation.

In the UK, we are leading the debate on what the future of drainage could be, as we know that more can be done to tackle urban drainage and flood issues. Wavin recently developed three concepts with a team of graduate engineers. Watch the concepts they came up with:

Here’s to a greener future for road technology and urban drainage management!
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Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

Elk Series – Quick-Maintenance Hoists from Ingersoll Rand

Elk-Series-1024x570
IRITS-0118-004_ELK-Flyer-1
to Download the ELK Hoist flyer – click on the image above.

Ingersoll Rand has launched the Elk Series electric chain hoist, designed to be lightweight and accessible enough to be serviced while still mounted at the facility, cutting downtime.

The three key features that make this possible are an external motor that is easy to reach and remove; a self-contained, permanently-lubricated gearbox that eliminates complexity; and a durable design that lasts in both indoor and outdoor applications.

“With the introduction of the ELK Series Electric Chain Hoist, we are bringing an electric hoist to market that meets the reputation for durability and reliability of our MLK, CLK and HLK hoists,” said Austin Lieb, vice president of product management and marketing at Ingersoll Rand Power Tools.

“Customers can now choose an electric hoist that is modern, compact and significantly lighter than what is currently on the market, making it easier for them to use and maintain their equipment.”

The Elk series is initially available in capacities from 125kg–1t, with capacities up to 5t coming later in the year. The hoists are suitable for a range of end-use sectors including foundries, general industry and manufacturing, oil and gas, heavy equipment manufacturing and wind generation.

The hoists are also durable and reliable, added Ingersoll Rand, and can handle a high volume of loads in accordance with the H4 standard. The aluminium die cast housing can withstand harsh manufacturing environments, and it resistant to dust, water jets, and has built-in drain housing.

Read the original article here

Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

Investment Puts Belfast at Heart of Hi-Tech Coal Industry

Coal-BelfastHarbour

Investments totaling £30M by Northern Ireland-based LCC Group and Belfast Harbour have put the city at the centre of the global supply chain for hi-tech coal.

Since opening last year, LCC’s £12M facility has handled almost 500,000 tonnes of processed coal which is exported directly across the world to destinations such as Saudi Arabia, Australia, Scandinavia, mainland Europe and North Africa.  LCC’s investment and export opportunity is built upon a circa £20m investment by Belfast Harbour in recent years to enhance its deep water and cranage capability.

The LCC facility, the most sophisticated of its kind in the world, removes impurities from coal. The coal can then be used to produce ferro alloy and silica metals which are used in the manufacture of hi-end products such as solar panels and medical equipment.  LCC imports coal to Belfast from Columbia for processing before onward export.

Belfast Port and coal

Over 130 direct and indirect jobs are supported by the operation including engineers, lab technicians and port support services.

Michael Loughran of LCC Group, said:

“This £12m investment means that LCC operates one of the most environmentally friendly, state-of-the-art coal processing facilities to be found anywhere in the world.  In addition to creating 30 new jobs and up to 100 indirect jobs in supporting sectors, the facility has put Belfast at the heart of the global hi-tech coal industry.

“Working in partnership with Belfast Harbour and building upon its investments in port infrastructure, LCC is now to the fore of the emerging clean-tech coal sector. The facility is designed to meet the most stringent 21stcentury environmental standards, and uses the most up-to-date technology to combat potential air and water pollution.”

Michael Robinson, Belfast Harbour’s Commercial Director, added:

“In recent years Belfast Harbour has invested around £20m in a new deep-water quay and new larger cranes to enhance its bulk cargo operations in anticipation of our customers’ future needs.  This has enabled the Port to handle ever larger vessels and accommodate LCC’s new facility beside its main bulk handling quay at Stormont Wharf.

“Belfast Harbour is now handling direct export shipments to Saudi Arabia for the first time in its history and recently exported bulk cargo to Australia for the first time in living memory. This new trade is also supporting jobs across a wide range of port services including stevedores and hauliers.”

This week Belfast Harbour handled a shipment of 20,000 tonnes of processed coal destined for Saudi Arabia.

Article from Spring 2018  – Read original Article Here

Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

Construction Industry Draws $1.3 Billion in Venture Capital

Ventire-Captital-in-Construction

In a bid to digitize building trades, investors have already bet big on the transformative power of new startups

Move over meal deliveries and mobility startups: The construction industry has become a new focal point for venture capital funds and tech investment.

Investment in AEC firms—architecture, engineering, and construction—have blossomed in the last few years, as a once low-tech, staid industry begins to feel the full impact of digital technology, especially when it comes to collaboration software, worksite monitoring, safety, and new design tools.

Tech Investment

Tech investment in construction has grown rapidly in the past decade—in 2008, global investment totaled $4.5 million across two deals—led by growing number of more active and specialized venture capital investors. According to data from CB Insights, the industry saw $882.3 million in investment last year across 103 deals, and has already bested that in 2018, racking up $1.38 billion across 61 deals.

While this year’s considerable investment is mostly due to a handful of sizable venture capital investments in companies such as Katerra, the Silicon Valley construction startup that received $865 million in a funding round that included the SoftBank Vision Fund, these mammoth deals only show the potential many see in these types of companies.

venture-capital-diggerFrom Low Tech to High Tech

“Construction is one of the least digitized industries, so many startups are seizing the opportunity to build technology that would increase efficiency within this market,” says Michael Wholey, an intelligence analyst for CB Insights. “As a result, funding and deal activity in the construction technology space has been increasing steadily over the past few years.”

Kaustubh Pandya, a principal at Brick & Mortar Ventures, a three-year-old San Francisco-based investment fund focused on AEC companies, says the technology to digitize buildings, including affordable sensors and better mobile technology, has the potential to make an industry known for long time frames and flexible deadlines more efficient.

According to a recent Crunchbase article, a number of startups are on the rise, including Rhumbix, which raised $20 million in venture capital investments for its mobile platform for the construction craft workforce, and Procore, which has built a cloud-based construction management software application and raised $229 million.

While there’s a desire to expand and diversify tech investment—”the world doesn’t need another general fund, there are plenty out there,” says Pandya—the size and scope of the construction and design field offers plenty of opportunities. A report from global consulting firm McKinsey found numerous areas for improvement and investment, especially in the realms of field productivity and site-performance management.

One of the main reasons investors see great potential is the relatively low growth in productivity in the building trades, relative to other industries. The McKinsey analysis found that construction labor productivity averaged 1 percent growth annually over the last two decades, compared to the 3 to 4 percent average found in other industries. If new technologies could help close that gap, that would add an estimated $1.6 trillion to the industry’s annual output.

Read original article here.

Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLRHercules Machining & Millwright ServicesSpartan Industrial MarineStellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

Rope & Sling (RSS) Donates Rigging Gear for Boat Lift

RSS-boatlift

Rope and Sling Specialists Ltd. (RSS) UK donated lifting and rigging gear to the Shadwell Basin Outdoor Activity Centre in East London as the charity had a requirement to lift a 2.5t rescue support boat out of the River Thames onto land for maintenance and repair.

The activity centre is located next to the King Edward Memorial Park Foreshore (Wapping) site of the Thames Tideway Tunnel project, a major new sewer. RSS is a frequent visitor to the area, providing lifting equipment and periodic Lifting Operations and Lifting Equipment Regulations (LOLER) inspections for the site, made up of the foreshore of the tidal Thames River next to King Edward Memorial Park and an area to the south.

The activity centre provides watersports and adventurous activities, including training courses, events, and sessions for groups, schools, and individuals throughout the year. It approached Tideway officials to ask for their help to lift a boat out of the water and back again once repairs were completed. To experienced lifting professionals the project was routine, but the charity wouldn’t have been able to execute it alone.

Graham Dawson, depot manager at RSS’s Aylesford facility, said: “When I heard about the centre’s requirement I had no hesitation in offering them our equipment free of charge. We spend a lot of time at the site and were able to time delivery with a three-week-long LOLER inspection, led by Steve Conroy, that we complete every three months. It was a great opportunity to combine important safety-related work with supporting a good community cause.”

RSS supplied two MOD 6 spreader beams at 2.5m and two 10t capacity, 12m-long duplex webbing boat slings. The boat was 7m long and 2.5m wide; a canoeist and slinger combined to pass the slings underneath the vessel whilst in the water before a three-axle Liebherr mobile crane, kindly donated by Emerson Crane Hire, already rigged with the top slings, raised it from the water.

Simon Steane, lifting operations manager for Tideway East, the section of the super sewer that runs from Chambers Wharf in Bermondsey to Abbey Mills, near Stratford, said: “Everyone involved was very happy to help the Shadwell Basin Outdoor Activity Centre with their boat lift. We use RSS for their fast response time, professionalism, and flexibility.”

Mike Wardle, centre director at the Shadwell Basin Outdoor Activity Centre, said: “Our assets like our safety boat enable us to have larger numbers of people accessing the river safely. We particularly target young people from low economic backgrounds and young people with disabilities. We also give young people a pathway to employment in sports coaching through our youth project. We raise funding to deliver the activities from grant giving bodies, organisations, business, and donations.”

He added: “Any company that assists us with their technical and professional skills is worth their weight in gold and for the staff and volunteers that impart their time at the charity a source of relief. The safety boat is now in dry dock and is undergoing repairs to the pro shaft as well as a deserved major service. A massive thank you to all who have helped our community!”

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Hercules SLR is part of the Hercules Group of Companies which offers a unique portfolio of businesses nationally with locations from coast to coast. Our companies provide an extensive coverage of products and services that support the success of a wide range of business sectors across Canada including the energy, oil & gas, manufacturing, construction, aerospace, infrastructure, utilities, oil and gas, mining and marine industries.

Hercules Group of Companies is comprised of: Hercules SLR, Hercules Machining & Millwright Services, Spartan Industrial Marine, Stellar Industrial Sales and Wire Rope Atlantic.

We have the ability to provide any solution your business or project will need. Call us today for more information. 1-877-461-4876. Don’t forget to follow us on Twitter LinkedIn and Facebook for more news and upcoming events.

Steel Wire Rope – How, Where, What and Why

steel wire rope

Steel wire rope is several strands of metal wire twisted into a helix forming a composite « rope », in a pattern known as « laid rope ». Larger diameter wire rope consists of multiple strands of such laid rope in a pattern known as « cable laid ».

In stricter senses the term « steel wire rope » refers to diameter larger than 3/8 inch (9.52 mm), with smaller gauges designated cable or cords. Initially wrought iron wires were used, but today steel is the main material used for wire ropes.

Historically, steel wire rope evolved from wrought iron chains, which had a record of mechanical failure. While Fraying_steel_wire_ropeflaws in chain links or solid steel bars can lead to catastrophic failure, flaws in the wires making up a steel cable are less critical as the other wires easily take up the load. While friction between the individual wires and strands causes wear over the life of the rope, it also helps to compensate for minor failures in the short run.

Steel wire ropes were developed starting with mining hoist applications in the 1830s. Wire ropes are used dynamically for lifting and hoisting in cranes and elevators, and for transmission of mechanical power. Wire rope is also used to transmit force in mechanisms, such as a Bowden cable or the control surfaces of an airplane connected to levers and pedals in the cockpit. Only aircraft cables have WSC (wire strand core). Also, aircraft cables are available in smaller diameters than steel wire rope. For example, aircraft cables are available in 3/64 in. diameter while most wire ropes begin at a 1/4 in. diameter. Static wire ropes are used to support structures such as suspension bridges or as guy wires to support towers. An aerial tramway relies on wire rope to support and move cargo overhead.

History

Modern steel wire rope was invented by the German mining engineer Wilhelm Albert in the years between 1831 and 1834 for use in mining in the Harz Mountains in Clausthal, Lower Saxony, Germany. It was quickly accepted because it proved superior to ropes made of hemp or to metal chains, such as had been used before.

Wilhelm Albert’s first ropes consisted of three strands consisting of four wires each. In 1840, Scotsman Robert Stirling Newall improved the process further. In America wire rope was manufactured by John A. Roebling, starting in 1841 and forming the basis for his success in suspension bridge building. Roebling introduced a number of innovations in the design, materials and manufacture of wire rope. Ever with an ear to technology developments in mining and railroading, Josiah White and Erskine Hazard, principal owners[9] of the Lehigh Coal & Navigation Company (LC&N Co.) — as they had with the first blast furnaces in the Lehigh Valley — built a Wire Rope factory in Mauch Chunk, Pennsylvania in 1848, which provided lift cables for the Ashley Planes project, then the back track planes of the Summit Hill & Mauch Chunk Railroad, improving its attractiveness as a premier tourism destination, and vastly improving the throughput of the coal capacity since return of cars dropped from nearly four hours to less than 20 minutes. The decades were witness to a burgeoning increase in deep shaft mining in both Europe and North America as surface mineral deposits were exhausted and miners had to chase layers along inclined layers. The era was early in railroad development and steam engines lacked sufficient tractive effort to climb steep slopes, so incline plane railways were common. This pushed development of cable hoists rapidly in the United States as surface deposits in the Anthracite Coal Region north and south dove deeper every year, and even the rich deposits in the Panther Creek Valley required LC&N Co. to drive their first shafts into lower slopes beginning Lansford and its Schuylkill County twin-town Coaldale.

The German engineering firm of Adolf Bleichert & Co. was founded in 1874 and began to build bicable aerial tramways for mining in the Ruhr Valley. With important patents, and dozens of working systems in Europe, Bleichert dominated the global industry, later licensing its designs and manufacturing techniques to Trenton Iron Works, New Jersey, USA which built systems across America. Adolf Bleichert & Co. went on to build hundreds of aerial tramways around the world: from Alaska to Argentina, Australia and Spitsbergen. The Bleichert company also built hundreds of aerial tramways for both the Imperial German Army and the Wehrmacht.

In the last half of the 19th century, steel wire rope systems were used as a means of transmitting mechanical power including for the new cable cars. Wire rope systems cost one-tenth as much and had lower friction losses than line shafts. Because of these advantages, wire rope systems were used to transmit power for a distance of a few miles or kilometers.

Safety

The steel wire ropes are stressed by fluctuating forces, by wear, by corrosion and in seldom cases by extreme forces. The rope life is finite and the safety is only ensured by inspection for the detection of wire breaks on a reference rope length, of cross-section loss, as well as other failures so that the wire rope can be replaced before a dangerous situation occurs. Installations should be designed to facilitate the inspection of the wire ropes.

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