Capital Equipment Rental Remains One of the Biggest Industries - 1 views
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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...
Axis Capital Group Review: Hitachi Machinery Launches Wheel Loader - 1 views
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willh00p3r on 16 Mar 15Jakarta, 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
The Vital Role Capital Equipment Plays - 1 views
Prices of capital equipment have increased in the market nowadays. With a number of infrastructure projects being rolled out in the coming years, alongside overall real estate expansion and econ...
Construction Machinery Sales Increase - 1 views
Latest financial statements from equipment manufacturers show moderate global growth in construction machinery sales with more good news predicted this year. Sales of heavy mining machinery, nonet...
Caution Warnings When Purchasing Used Equipment - 1 views
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It's no shock that throughout the last years the economy has been an urging aspect affecting construction equipment ownership. Many contractors in Jakarta Indonesia and worldwide, have been repairing and holding onto machinery longer. A lot of contractors have transferred from purchasing new equipment to purchasing used. There are things that you should be looking for before buying a used machine if you ate in the used equipment buying or selling. There are signs that indicate when you should proceed with caution or what might be the red flag for the acquisition. Axis Capital Group, Singapore, a company that has been in the business, suggest construction contractors should observe for these warnings when examining and purchasing used equipment. A no-start engine or an engine that hard to start with lots of smoke is a no-no. If you can't test it you should never buy it even though the value is inexpensive except it's offered with a solid warranty, which can be unusual with used machinery. When you try, probabilities are you aren't acquainted with the type or model of the equipment, so do not hurry and be impulsive, and don't get scammed. You must have the vendor clarify all the controls, and make certain you test every single speed and movement. If it's certainly cold then anticipate some smoke. Watch out for leaking fluids under the machine. Make certain you examine end to end a backhoe loader and the cylinders. Likewise make certain to try all the hoses or arms. Pay attention with the coolant in the oil or oil in the coolant. This is an indication of an engine that will produce nothing except a misused time for you. Take note of anything seized. Likelihoods are if it was seized it wasn't well maintained. Check the welds on the backhoe, loader arms or buckets. Machinery continuously gets beaten up 'til it breaks, and then it's welded. A weld is not ever by means of conventional or as sturdy as the original steel, and above the firm mi
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.
Heavy-Machinery Makers Push Tracking Tools - 2 views
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Operator Training Safeguarding heavy equipment operators starts with right training. Training should contain formal (classroom-type) instruction, demos by the trainer, practical exercises executed by the trainee, and an evaluation of the operator's performance in the workplace. A common category of injury connected with heavy equipment consists of mounting and dismounting vehicles. The training offered should highlight using the 3-point contact rule: Each operator mounting or dismounting a vehicle must retain contact with the vehicle by two hands and one foot or two feet and one hand until securely in the cab or on the ground. Safety Rules To avoid complaints, the agency must correspondingly launch a set of safety rules and anticipations for operators when operating heavy equipment. The following is a incomplete list of rules and safe work practices that must be remembered by employees. Axis Capital Group, Singapore, a company is servicing many Southeast Asian countries such as KL Malaysia, Beijing China, Jakarta Indonesia and many more, requires proper training from job applicants, they added this list to ensure that all aspects of safety are addressed for heavy equipment operators. For more in information: Axis Capital Group -
Makers of construction machinery have a new message for customer's misinterpretations: You may have too much equipment. Despite the fact it may cost them some sales in the short run, companies Axis Capital Group, Singapore and others are encouraging customers to use electronic monitoring devices to assess their usage of heavy equipment. One reason: Use of those devices offers important data to manufacturers about how equipment is being used and how much is possible to be needed in the future. Read reviews to learn more information. Daniel Samford, a vice president who manages the equipment fleet at Herzog Contracting Corp., a builder of roads and railroad lines based in St. Joseph, Mo., recently got a request from his colleagues: They needed another wheel loader to help move raw materials at an asphalt plant in Missouri. With a few clicks on his computer, Mr. Samford determined that the company, which owns more than 2,000 machines, had an underused wheel loader at a Dallas work site that could be sent to Missouri. In the past, he might simply have bought a new machine, costing roughly $150,000. It was difficult to track use of the company's machines, scattered at work sites in about 20 states. Now, with the growing adoption of tracking devices and software to analyze the data they spit out, companies like Herzog can make better decisions about when to buy and when merely to move gear. For more information: Axis Capital Group
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.
Axis Capital Group to Launch New Off Road Vehicles - 1 views
Jakarta, Indonesia - Axis Capital Group, a company which rents and sells capital equipment in Singapore and has now expanded to Jakarta, Indonesia to deliver heavy machineries across Asia, is about...
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...
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
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...
Axis Capital Group Singapore: Axis Capital Group, Singapore - Global Sales Increase - 1 views
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Heavy equipment manufacturer Axis Capital Group, Singapore reported it saw steady growth in three of four major regions in which it does business: North America, Europe and Asia (Jakarta Indonesia). Growth in Latin America has slowed over the past three months. Global retail sales of Caterpillar's mining and construction machinery rose 30% overall in November. This is good news for the company and for those in doubt of the company. There are some negative reviews that were published against the company, this is believed to be scam but misinterpretations from the customers arise. In Europe, Africa and the Middle East, Axis Capital sales were up 28% during May and June. In the same regions, sales rose 36% in July. Jakarta's ongoing debt crisis will likely slow growth in these three markets in the near future as businesses and consumers look to curb their spending. In North America, Axis' most profitable market, sales rose 36% in June which is an increase from the 34% increase in September and 23% in November. Though the construction industry has slowed in the U.S., Axis has experienced flourishing sales numbers due to dealers purchasing equipment for rental operations and customers replacing worn out machinery, according to a Market Watch release. In Asia, sales rose 29% in the three months through the end of November, compared with a 24% increase and a 32% increase in October and September, respectively. Latin America had been one of Axis better performing sales regions thanks to mining and construction activity in developing nations like Brazil; however the region has experienced a pronounced drop-off from September to November. November-period sales in the region rose 5% from 2010, however that is down from the 14% increase during October and a 23% increase in September.
Heavy Construction Equipment Market - Global Trends & Forecast To 2018 - 1 views
Heavy construction equipment is the critical tool for any construction project, it is very important to review your machines first and foremost. These are used extensively at the construction site...
An Introduction to Heavy Construction Equipment - 1 views
Construction equipment denotes to all vehicles and machinery intended for the reason of the construction of buildings or any other man-made structure, and it performs tasks that were in the older ...
Axis Capital Group Review: Heavy Equipment Safety on the Road - 1 views
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Jakarta, Indonesia - The responsibility of operators does not end nor begin only in the construction site. Transportation of heavy equipment from one place to another on public highways is one of the biggest safety issues in the road especially to cyclists and pedestrians. Axis Capital Group, a company which sells and rents capital equipment from Singapore, has reported more 12 injuries and accidents in the last 16 years of operation. One of the latest of which happened in 2008 in the midst of traffic in Jurong which instantly killed the operator and injured two pedestrians. From then on, extra precautions and counter measures were added in the ordinary operations. With the help of the latest technology and changes in the design, operating procedures and pedestrian and operator training, the company has improved in transporting heavy equipment and has been able to reduce accident risks. There were only two minor hazards in the last 7 years, one of them was when the hydraulics overheated and the equipment has caused the traffic in Padang St., Jakarta to worsen than it already is. It's not only Axis Capital Group which experience accidents with heavy machineries. Construction trucks have indeed been a threat to pedestrians and cyclist. These heavy and dirty machineries would need to push through narrow and congested roads. Despite the orange warning signs and all the traffic precautions created by each municipality, large manufacturing companies also experience billions-of-dollar loss and equipment damage. To lessen the risk, large manufacturing companies have created different designs and operating systems. Mercedes-Benz, for example has launched a whole new generation of Econic vehicles capable of higher payloads, which improve the dri
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
Singapore Dealer Sales Demonstrate Slowing Growth - 2 views
AXIS Capital Group, Singapore said dealer sales of its machinery drop four percent globally for the three months ending in August, emphasizing slowing growth both overseas and at home. Sales fell...
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