Palfinger

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Palfinger AG
Aktiengesellschaft
Traded as WBAG: PAL
Industry Engineering
Founded 1932
Headquarters Salzburg, Austria
Key people
 Herbert Ortner (CEO), Alexander Doujak (Chairman of the supervisory board),
Khamis Agear (chief foreman)
Products Cranes, aerial work platforms, tail lifts
Revenue €980.7 million (2013)[1]
€74.1 million (2013)[1]
Profit €44.0 million (2013)[1]
Total assets €849.5 million (end 2013)[1]
Total equity €385.9 million (end 2013)[1]
Number of employees
 6,573 (31 December 2013)[1]
Website www.palfinger.com
File:Palfinger Fahrzeugkran mit Kleinkläranlage.jpg
A Palfinger crane type PK 48000 lifting a small sewage treatment plant

The company Palfinger AG is an international manufacturer of cranes, hydraulic lifting, loading and handling systems. The company was founded in Schärding and its headquarters is in Salzburg. Locations are in Austria, France, Italy, Bulgaria, Slovenia, Croatia, Brazil, United States, Vietnam, the Netherlands, China, Singapore, and Canada.

History

The history of Palfinger dates back to 1932, with the founding of a reparation and metalworking shop for agricultural trailers, tippers and vehicle bodies by Richard Palfinger.[2] The company built its first crane in 1959, and Richard's son Hubert specialized in hydraulic loading cranes in 1964.[2] In 1974, the company opened a new assembly plant in Bergheim/Salzburg, and in 1976 patented the folding boom.[2]

The company opened a plant in Lengau in 1984, and in 1989, Palfinger exported over 90% of its production to about 70 countries.[2] In 1999, the company went public, and in 2004 acquired German crane company BISON.[2]

As of 2013, Palfinger had 32 manufacturing and assembly sites, and around 4500 outlets in over 130 countries.[1] In 2012, the group started to implement production in China.[1]

Shareholders

Around 59% of the Palfinger Group is owned by the Palfinger family, 10% by Sany Germany GmbH and around 30% is in diversified holdings.[3] 1 percent of shares are owned by Palfinger AG. Since June 1999 Palfinger has been listed on the official market of the Vienna Stock Exchange.[3] 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.[3]

Products

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

  • Truck-mounted knuckle boom loader cranes, varying in lift capacity from 450 kilograms (990 lb)[4] to 30,000 kilograms (66,000 lb).[5]
  • EPSILON timber and recycling cranes.[6]
  • Omaha Standard truck bodies, with capabilities ranging from 4,000 to 52,000 kilograms (8,800 to 114,600 lb).[7]
  • STEPA farm cranes, including mobile and gantry cranes.[8]
  • RAILWAY rail transport system solutions, including cranes, access platforms, and bridge inspection vehicles.[9]
  • Transportable forklifts that can be carried on the back of a truck.[10]
  • Cargo tail-lifts[11] and passenger lifts.[12]
  • Access platforms up to 102.5 metres (336 ft) high.[13]
  • A variety of cranes for marine and offshore wind applications.[14]

References

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  2. ↑ 2.0 2.1 2.2 2.3 2.4 Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ 3.0 3.1 3.2 Lua error in package.lua at line 80: module 'strict' not found.
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External links

Retrieved from "https://infogalactic.com/w/index.php?title=Palfinger&oldid=2230086"