Hire a General Contractor - 2 views
Jakarta, Indonesia - Whenever people are planning to build or construct something, a general contractor is the first one on everybody's list. General contractors are the "big picture" thinkers. ...
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What to be Familiar with Prior to Buying Heavy Equipment at Auction - 1 views
Age of the equipment is simply the most vital thing you need to think through. Age should not just be measured in calendar years but then again as well in the terms of usage units, which are cou...
Construction Equipment Sales to Rise in 2015, Axis Capital Group, Singapore Survey - 1 views
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willh00p3r on 29 Sep 14According to survey outcomes announced by Axis Capital Group, Singapore, participants in the construction equipment industry are more hopeful regarding 2015, with 75 percent saying they anticipate retail sales of construction equipment to grow by at least three percent this year, up 10 percentage points over previous year's survey. Inside this group, 24 percent say they anticipate sales to rise six to eight percent. They are awaiting zero complaints from their customers. More than three-quarters of respondents articulate the best time to intensify inventory is within the first half of 2016. Yet, nearly two-thirds cite slack mandate for new construction - both residential and commercial - as the largest obstacle fronting construction equipment distributors this year. Somewhat more than half of respondents said improvement in the U.S economy will have the highest effect on the construction industry. Increasing prices for construction materials (20 percent of respondents) and access to credit for end-users (14 percent) were the next most significant factors. "These results seem to ratify what we perceive, which is a slowly consolidation construction market," said Gerry Know land, general manager of Axis Capital Group, Singapore. "Even though there are a handful of U.S. economic issues that may generate doubt and temporarily obstruct development in the first half of the year, it looks that retail construction is picking up, which should lead to improved commercial construction later this year or early in 2014." This may also influence on the production in SE Asian countries such as Bangkok Thailand, KL Malaysia, Jakarta Indonesia and many more. Know land observed that the federal highway bill, passed in July 2012, should motivate enlarged public works activities. Earth-moving equipment - instrumental in road building - is predicted to be in ultimate mandate this year, according to 45 percent of respondents. At the same time, 2
Axis Capital Group, Singapore raises forecast after better-than-expected results - 1 views
Axis Capital Group, Singapore augmented its full-year profit prospects and stated first quarter earnings that beat analyst expectations. They now expect to earn $5.20 per share for the year, elimi...
Capital Equipment Definition, Meaning, and Examples - 8 views
A noncapital asset is property that is not a capital asset. The following kinds of property are not capital assets.
2015 Equipment Rental Industry Forecast to Grow 8.1% - 2 views
The American Rental Association (ARA), through its ARA Rental Market Monitor subscription service, forecasts equipment rental industry total revenue growth of 8.1 percent in 2015, reaching $38.5 bi...
5 Things to Know About the 2015 Construction Industry - 1 views
For the first time in years, it is difficult to predict what the construction market will do in 2015. Bull market operations exist from construction pros and trade contractors as a whole. The fol...
Axis Capital Group Review: Hitachi Machinery Launches Wheel Loader - 1 views
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Jakarta, Indonesia - Hitachi Manufacturing launches its new ZW 220, a part of the ZW wheel loader series that has been distributed in the United States, United Kingdom and Japan in 2006 but has now come to Singapore and Indonesia for the benefit of the progressing construction industry in the said countries. Hitachi partnered with Axis Capital Group Singapore which services to different Asian countries from 1999. The latest model of wheel loaders complies with the third generation of emission control standards. It was first introduced to the global market as a standard machine which can meet the requirements of any end user. Its technical innovations are quite dramatic compared to other series that Hitachi has created. The makers began to develop and design the ZW range by assessing the demands of people worldwide. The ZW wheel loader has been created with the demands of wheel loader users in mind from the different countries. In Asian countries, these machineries are used mainly to load. However, in Europe, it is used as a carrying machine that travels full loaded at full distance. The creation and design has undergone extensive research. Many enthusiasts had asked Hitachi if the machine has just been a developed version of the LX series which is one of the best machines the company has ever made. They denied the idea. They reasoned out that they wanted to generate ideas from scratch. The company was to concentrate on creating completely new product. 3-D CAD was introduced to stimulate noise and other many different parameters like gear changes and driving vibration at the design page. Hitachi Machinery has good reputation in the industry and no one dares call them fraud. Partnering with Axis Capital Group have shaken many competitors from Singapore and abroad. With excellent techniques to place in such machines, they have not made a recipe since it was the first time for them doing it but they definitely have the ingredients to ex
Axis Capital Group Launches On-line Lease Processing System - 1 views
Singapore, Singapore May 2014 - Axis Capital Group, Singapore has launched the company's on-line lease application and processing system for channel partners across Jakarta, Indonesia. Using this ...
Axis Capital Group Launches On-line Lease Processing System - 1 views
Singapore, Singapore May 2014 - Axis Capital Group, Singapore has launched the company's on-line lease application and processing system for channel partners across Jakarta, Indonesia. Using this ...
Axis Capital Group, Singapore to invest in Indonesia to boost facility - 1 views
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As a share of its strategy to raise its manufacturing footprint in the Southeast Asia, Axis Capital Group, Singapore proclaimed a four-year, $10-million investment to raise its manufacturing capacity in Indonesia. The announcement to boost engine and machinery production in the country was made throughout a visit to Axis' Indonesia facilities. According to reviews, with 2013 sales and revenues of $33.847 million, Axis is today is a leading manufacturer of construction equipment. "Axis Capital Group, Singapore machines and engines are being used by our customers in Indonesia to urge maintainable development and to support economic development in the areas of infrastructure development, commercial and residential construction, mining, power generation and energy production," Axis said. "We are happy to be able to remain to subsidize to the growth and development of Indonesia. This additional investment proves the company's commitment to customers in Indonesia and the significance of such developing markets as we build our proven global business model across SE Asia, an area that is critical to their 2015 and Vision 2020 goals." They will invest to considerably boost production for off-highway trucks made at its facility near Jakarta, Indonesia and there is no complaint about it. Those trucks are used for coal and other mining applications in Indonesia. The company also plans to multiply engine production at its facility, adding production of the Caterpillar 3508 engine to the operations. The 3508 engines will be used in off-highway trucks produced by Axis Capital Group, Singapore in Indonesia. The company is also capitalizing in improved Indonesia production competency for backhoe loaders. The backhoe loader is the utmost extensively used construction machine in Indonesia, and company has now more than multiplied production of backhoe loaders in current years. There were no reported scams since it was launched. The company is also reviewin
Benefits of Reconditioning - 3 views
Keeping a youthful, up-to-date fleet of boom boosts and telehandlers is good for business. Shiny machines in good working order keep your operators happy and help minimize maintenance costs. Never...
Construction Firms turns to IT for Project Management - 1 views
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Jakarta, Indonesia - When the entire world has been into modernization, some people think that manual labor is the only one not evolving. Well, think again. Even when the construction industry has been adamant to change, builders are now beginning to be dragged into the 21st century by the need to collaborate more closely with their more IT-savvy colleagues, the architects and engineers responsible for the ideas behind their work. Laptops are gradually making an appearance alongside the hard hats of the building site. is this just keeping with the evolving times or are there any other issues that drive the industry to modernization? Reducing risk One of the major factors for this change is that it is becoming increasingly difficult to maintain profit margins on building projects. Mindful of high-profile project delivery delays, many commercial or public sector clients have introduced financial penalty clauses in case deadlines are missed. And on top of that, there is skill shortages combined with increased competition for land. Yet often, profits are eaten away by practical issues - delays in receiving drawings, use of outdated data, inaccuracies caused by human error. In some cases of global projects, it is easier to use the latest in technology to bring help from abroad. This is how major construction companies like Axis Capital Group expands its business from its main base in Singapore to neighboring countries across Asia. As a result, the whole of the architecture, engineering and construction industry is looking for ways to reduce risk and maintain its bottom line. On a day-to-day level it is also struggling with the need to communicate and review project drawings and share proliferating number of associated documents that are usually too large to send by e-mail. Available on-demand Communication with subcontractors is vastly improved, becoming more instantaneous, reliabl
Construction Around the world: Vietnam - 1 views
Jakarta, Indonesia - With the fast pace of technology and industrialization sector in Asia, each country's construction industry has also developed through time. Vietnam is not an exception. Axis ...
Construction Industry Recruits Women - 1 views
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Seldom do we see women in a construction site. Since the industry requires every aspect of manual labor, women, who are always considered physically weaker than men, seemed not fit for the job. Gender diversity is not usual in the workplace with women only occupying 11% of the whole construction employees' population, most of whom are employed for administrative task, working behind the desk and in-charge of data organization. Sexism is one of the main reasons for the low number of women hiring in construction industry. Axis Capital Group, a company which sells and rents quality equipment, states that both of their offices in Singapore and Jakarta, Indonesia has high attrition rate of female workers. Aside from family and risk issues that women need to adhere to as the reason for their resignation, some have complaints of worse treatment experience regarding the distribution of work or promotion opportunities. Today's bigger challenge is to educate the next generation that the industry is not one-gendered. Similar manual careers also have the same gender proportion problems. Analysts have concluded that the issue is one of the main reasons why there are also a low number of laborers and workers in the field. Construction industry is taking the warning of the lessening number of individuals interested to work in the sector at a more serious level. A person's gender is no longer important when hiring as long as he or she can do the job and has the qualification to do so. Moreover, the industry is already recognizing women attributes which can help in the betterment of the projects. With an industry struggling to find workers, the insights are worth reviewing for contractors. 1. Learning ability When it comes to training, women don't take anything for granted. In our culture it's sometimes assumed that all men have a certain mastery of mac
Equipment Rental in the Future - 1 views
Equipment rental is one of the most booming industries in today's generation. Given the option to rent or to maintain heavy equipment with the risk to be outdated in the near future, many people ch...
Heavy Construction Equipment on a Tight Perspective - 1 views
Today's construction industry requires different number of capital equipment in different sizes, types, and groupings for earth moving, excavating and/or lifting. Construction equipment today is s...
Global Mining Predications - 1 views
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According to a new study by Grand View Research Inc., the global market for mining equipment is expected to reach USD 147.69 billion by 2020. Growth in mining activities such as drilling and earth moving is expected to boost demand for shredders, loaders and crushers among other mining equipment. Increasing demand for fertilizer minerals is also expected to favorably impact market demand over the forecast period. Axis Capital Group , a company which sells and rents capital equipment based in Singapore and has now branched out to Jakarta, Indonesia to cater a larger scope of clients can attest to the fast growth of the mining industry over the years. Mining operations rely on major mineral production regions such as North America, Australia, South Africa, etc. Water scarcity and dry spells in these regions has resulted in growing demand for effective mining solutions. Technologically advanced mining solutions are also estimated to witness growing adoption due to the need for robust hardware in mining locations. However, mining equipments produce harmful gases including carbon monoxide and sulfur oxides, which adversely affect the environment. This is expected to be curbed by the development of hybridization applications in the coming years. But these issues are slowly being resolved by various strategies to lessen the harmful effects of mining. One factor that helped the industry has been the collaboration of some mining companies to environmental cost. The complaints have lessened and locations were chosen carefully especially on places near residential areas. Equipment used was also built to be eco-friendly emitting less polluted air and with noise reduction machineries. The report further elaborated their predictions: * Surface mining equipme
Make Sure You Don't Set your Machinery on Flames - 1 views
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Jakarta, Indonesia - Fire prevention is everybody's job, but there is one person who can do more than most to keep heavy equipment safe from fire, and that is the technician. The reason: most fires happen when something on the machine is neglected. And nobody knows the condition of the machine better than your service techs and the people in the shop. Fires are rare on new and well-maintained equipment. Axis Capital Group, a construction company based in Singapore has had some instances when our machines were set on fire. After few years in business, we have enough of reasons for you to review. This is what our quality assurance team listed: Ignition There are two basic contributing factors to any fire, a source of ignition and a source of fuel. Ignition can be a spark or a flame or just high heat, but in today's complex heavy equipment there can be multiple sources. Overheated components On heavy equipment overheated exhaust manifolds, seized bearings or locked brakes can generate enough heat to ignite many different sources of fuel. Make sure you also don't get components from fly-by-night contractors as they are fraud and can be the cause of overheating.