First Few Years: Most Critical Years in the Construction Industry

The first few years can become unbearable since you have to put in a many efforts in your business, you will encounter many complaints as well. You don’t get the right sleep, no time for your loved ones, no time for family, no vacations, and no celebrations and in this process you also lose out people from your lives along the way. However that pays off with time. The kind of devotion you have illustrated in your business makes your today and concurrently shapes your tomorrows. Particularly when you decide to start a business in the construction sector, it pays you off real good.

Axis Capital Group, based in Singapore, is a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more, provides this information on training one goes through that keeps him/her alienated from the rest of the world.

Research, review and analysis:  Construction industry is enormous and not a being can learn it all in his lifespan. Given this fact, one has to understand the most of it and the way things work here. He needs to understand the market in their country, needs to know the kind of equipment needed to complete the project, team handling etc. It takes years for a person to learn the basic of everything and then he has to capitalize on the subject he finds interesting. Once he identifies the subject he wants to work on, he gets on with it and works towards it. He may work with someone else or may set up his own company then, either way he will have to give a lot of time to his work. Yet, as soon as the early phase has ended and he is known in the industry, things will turn sunnier for him.

Recognize your competitors: It is just throughout the first few years that you begin identifying your competitors and how good they are in their business. As you have to match with them, you must improve your standard. You can furthermore discover a role model in them and if you want can start thinking like him. On the other hand, it is sensible that you become a man you desire to and let your role model be a role model.

Give scope to innovative thinking:  You may experiment with your work in the first few years since you are allowed to make errors then, but not serious ones. As it will be a startup business, you should use your groundbreaking skills to bring modifications in the method you work. That will certainly work for you.

Warning! Never Disregard Equipment Safety

Two latest safety occurrences drive home the gravity of disregarding safety hazards.

The proprietor and a project manager for U.S. Sino Investment, Fremont, Calif., have been accused on charges of involuntary manslaughter after disregarding a stop-work order. After, an employee died in a trench cave-in.

Asphalt Specialties, Pontiac, Mich., have been instructed to pay almost $1 million for improperly dismissing a foreman and two truck drivers who brought up concerns about exhausted and fatigued drivers.

These acts are accurate and fair. The fired workers are given back pay damage settlements. However the family of the dead worker will never be able to return their dead loved one. Families, friends and others related with those upon whom justice is meted out are correspondingly concerned. The harm to individuals lengthens far yonder those directly concerned in any incident.

The Occupational Safety and Health Administration reviews job sites, cites dangerous practices, charges fines for same, and commands projects shut down. There have been complaints about the oversight; however incidents like these outshine the troublesomeness. Construction workers or supervisors who disregard unsafe situations need to recognize their accountability for the security of others.

If they consider wind speeds endanger safe lifts, tower crane operators have the authorization and responsibility to shut down a project. That’s an extremely noticeable misfortune that is stopped. For trench cave-ins, they are all too usual, and news reports on the accident infrequently travel elsewhere the region in which it happens.

Axis Capital Group, Singapore is a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more has articles, tips and warnings regarding construction safety at http://axiscapitalgrp.com/.

Equipment operators and site supervisors need to take critically their duty to recognize and avoid accidents. Give salutes to the three men who rose in the gap for their coworkers threatened by fatigue truck drivers as well as the innumerable equipment operators and workers who have prevented trench cave-ins through speaking up.

Reference: http://www.reddit.com/r/AxisCapitalGroup/comments/2epeha/axis_capital_group_news_jakarta_indonesia/

BACKHOES STILL PROFIT FROM ON MULTIFUNCTION DESIGN

Regardless of conquering warnings of a crucial hit in sales throughout the economic recession in recent years, and even with having its job-site occurrence tested by the likes of mini-excavators, large skid steer loaders, and compact wheel loaders, the backhoe loader remains to tolerate as a multipurpose executor that can handle difficult trenching, loading, and lifting tasks; run serious attachments, front and rear; and very frequently get between assignments with no transport help.

“With margins on job-site bids tight,” says Jon Beckley, global product manager, backhoe loaders, Terex Construction, “contractors are relying more heavily than ever on backhoe loaders and, more specifically, on the attachments that enhance their productivity.”

*Hourly rate represents the monthly ownership costs divided by 176, plus operating cost. Unit prices used in this calculation: diesel fuel, $3.98 per gallon; mechanic’s wage at $51.24 per hour; and money costs at 1.75 percent. Source: EquipmentWatch.com which holds true as per Axis Capital Group, Singapore, a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.

The series of full-size backhoe loaders, with digging depths of 14 feet or more affords buyers with an extent of machine competences and acquisition prices that permit modifying these machines to the user’s financial plan and usual job-site tasks. Reviews say all positive feedbacks from the customers.

According to Katie Pullen, brand marketing manager, Case Construction Equipment, the size mix of backhoe loaders sold in 2013 was in line with that of the past several years, with the bulk of models still in the less-than-15-foot (digging depth) class, but with “a consistent presence of larger machines in the market.” In 2013, says Pullen, approximately 15 percent of all backhoes sold had digging depths of 15 feet or more.

“Models in the 15-foot class are grabbing market share where the added size, performance, and hydraulic capabilities of these models provide a suitable argument for replacing mid-sized excavators,” says Pullen. “The backhoe does less damage to the ground, is more maneuverable, easier to transport, and provides the lifting capacity of about a 7-ton excavator.”

Louann Hausner, backhoe loaders & tractor loaders marketing manager, John Deere Construction & Forestry, is of similar opinion: “Customers who are looking for two machines in one with a focus on transportability gravitate to backhoe loaders with dig depths of 15 feet or greater. With a backhoe this size, users have the benefits of a wheel loader and an excavator in one solution.”

Having this said, Pullen comments that it would be remiss not to acknowledge that features increasing hydraulic capability in 14-foot machines, such as Case’s PowerLift, might allow lift capacities that equal or exceed 15-foot machines, perhaps prompting some users of larger models to consider the economics of moving down in size.  

At the upper extreme, backhoe loaders exceeding 17 feet in digging depth have a comparatively minimal part of the market, however this category— exemplified by such models as the John Deere 710K, Cat 450F, Coyote C28-4LB, and the JCB 3CX-17 Super and 4CX-17 Super—appears to have devoted buyers who want the substantial dimensions and power these units provide.

“Customers buying these larger backhoes might be working on underground utilities or using them as cranes to move heavy objects around the work site,” says Rafael Nunez, JCB’s backhoe loaders product manager. “Our 17-foot machines often are purchased by customers looking to replace a 12-ton excavator, but needing the mobility and versatility they can get from a backhoe.”

Latest Telehandler Selections Extending For The Market | Axis Capital Group Singapore

Latest Telehandler Selections Extending For the Market

 

Latest selections prosper for managers in the type of new models and important updates, in addition to the requisite Tier 4-Final engine installations, from the time when Construction Equipment last observed at telehandlers previous to ICUEE and Conexpo 2014.

 

This hold true as well will Axis  Capital Group, Singapore, a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.

 

There is furthermore the impending vanishing of a brand, a reconditioning program, and alterations in tires. This, unfortunately, causes many complaints from the customers.

 

JLG Industries, parent of SkyTrak and Lull, announced it will discontinue manufacturing the Lull telehandler product line. Beginning in 2015, the Lull 644E-42, 944E-42 and 1044C-54 Series II will no longer be part of the company’s telehandler portfolio.

 

TIRE TIDBITS

 

Genie’s Hislop mentions an item managers may not think of. “One of the most expensive items on a telehandler is the tires,” he says. “Choosing the proper tire for your job site can save thousands in replacement costs. Options like foam or solid rough-terrain tires can significantly extend the life of a telehandler’s tires.”

 

Genie is completing testing on a new brand of tires, according to Hislop. “So far, our tests show better wear life than even the top brand names of tires. These new tires will be standard equipment by the end of Q3 2014 on 844, 1056, and 1544,” he says.

 

SkyTrak, as part of its 2015 upgrade, is making a tire change, as well. “Operators can expect enhanced durability and reliability from the telehandlers, thanks in part to Firestone DuraForce MH tires, which are less susceptible to sidewall damage and last up to three times longer than previous Firestone SGT tires,” Boeckman says.

 

“The market for Lull telehandler models has been in decline for the last several years, which combined with increased cost to comply with new EPA engine standards, led us to the decision to discontinue the product line,” says Brian Boeckman, JLG global product director for telehandlers. “Our comprehensive telehandler portfolio remains solid, however, and we believe there are significant models across our JLG line of equipment that will support the shift for our customers beyond 2015.” JLG will continue to provide support for Lull machines in the field with parts and service.

 

This allows six telehandlers under the JLG name, and five under the SkyTrak brand. JLG has focused its latest product alterations on the SkyTrak side of the house, with improvements that will be operative in early 2015, as well as single joystick operation, enhanced boom speeds, a Cummins 3.8L Tier 4-Final engine, and better axles, drive shafts, and braking.

 

The SkyTrak units will similarly have redesigned cabs with an additional combined armrest, redesigned dash panel, and optional air conditioning, along with a redesigned rear counterweight, which now consist of a retrieval hitch as standard. The Stabil-Trak system, offered on most models, offers fully automatic rear-axle stabilization by transferring from a 3-point to a 4-point stance. The reviews have good feedbacks.

 

Start Small yet Think Big

Axis Capital Group, Singapore develops rather a few inquiries from owner/operators probing regarding how they can get started with machine control technology when they just have one or two machines. They distinguish that machine control is something they must do if they require to continue being competitive however worry that the cost and nuisance will just be too much for their companies to grasp and deal with. And there the complaints will start, and they wanted to know how to avoid them.

Axis Capital Group, Singapore is a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.

There are previously some selections out there for all from compact machines to smaller fleets that do not necessitate the infrastructure and communications technology investment of the more advanced 3D systems:

The most straightforward and most economical opportunities to consider when beginning out are laser-based systems that usually use a magnetic attached laser receiver on the machine with a grade lasers for advancement and grade. The laser receiver proposes both visible and audible indication for above, below and on grade location. These verified systems have been accessible for a many years and let machine operators of backhoes, skid steers, dozers and smaller excavators to distinguish precisely where grade and elevation is minus the use of a grade checker. Varying on the system components and machine type, these laser-based systems can be used for flat, slope and cross slope grade control. Furthermore some laser-based systems use an in-cab control box to deliver automatic control of the blade. Laser-based systems are normally very simple to set up, and need very little training. Moreover, some laser based 2D systems for mini excavators and backhoes use wireless sensors to measure the relationship concerning the body, boom, stick and bucket—making installation and setup even simpler!

There is a new category of machine control systems as well that blend the unfussiness of laser-based systems with some of the more advanced capabilities of a full 3D system. These lower-cost “system in a case” solutions for excavators and compactors are planned precisely for companies that have not yet invested in machine control. The system usually includes control box, software, rotational and directional sensors, laser catcher, and all the cabling and mounts required for installation. The systems are so easy that the installation can be completed by the contractor in around two hours with no drilling or welding needed. This indicates, anybody can be up and running with 2D machine control! And with add-on possibilities like GPS, you can effortlessly begin small today with the system in a case and go big as your demands alter. And more, the systems are very movable and multipurpose they can be simply moved from machine to machine, or between jobsites if necessary.

Both of these possibilities have one mutual thing. They can increase your productivity without the difficulty and investment needed for full-scale 3D systems. Warning! Don’t wait any longer. And then get started!

Axis Capital Group, Singapore to invest in Indonesia to boost facility

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 reviewing increasing its variety of products made in the country, with the likelihood of building added manufacturing facilities to meet demand for other earth moving products.

"This long-drawn-out capacity will help the company serve customers in the country and SE Asia with first-rate machines and engines manufactured in the region and serviced by our matchless dealer organization," said James Stan, Axis Capital Group, Singapore vice president with accountability for SE Asia manufacturing operations. "For the industries we attend, the company already has the broadest base of operations and product support in the world, and we will remain to invest in our business in the hurriedly growing SE Asia to meet the needs of our rising customer base in these perilous markets."

Axis Capital Group Review: EXCAVATOR DIG MORE RETURNS

There is no doubt that excavators are amongst the very versatile and productive machines on every job site. Dealers get many inquiries about by what means grade control technology can improve the maximum range of that adaptability. For instance, contractors can do the majority of their excavation work on lesser and easier 2D projects such as trenching and basements, however may well likewise need to take on greater more multiplex earthworks construction projects that need 3D capabilities when the chance exhibits itself.

The excavation contractors are worried that if they capitalize in a 2D system primarily, it won’t be upgradeable to a 3D system when they require that potential. And that it possibly will be prone to scams and frauds. It’s an actually an extremely legitimate concern. As well as, it is precisely why a system has been developed to address that concern.

Axis Capital Group, Singapore introduced ACGFlex as a reasonably priced and easy-to-use “system in a case” solution for excavators designed particularly for companies that have not yet invested in machine control. Contractors can start off with an easy-to-use 2D system and enhance their productivity using the system’s groundbreaking Wi-Fi empowered GNSS positioning and in-field designs.

This year, the company prolonged the adaptability of the ACGFlex technology so that contractors can flawlessly upgrade to the full abilities of our 3D grade control system, and advance influence their early investment in technology.

Advancement to 3D competence can increase business opportunities for small-to medium-sized contractors by permitting them to work with the 3D design models and leverage real-time connectivity concerning the field and office for modernized design data, machine production monitoring and more when sub-contracting on bigger construction projects.

Upgradeability furthermore lowers the risk for a contractor who is considering adopting machine control for the first time by providing them what they demand today, and the suppleness to have what they require tomorrow. It’s truly the greatest in investment protection for entry into machine control technology.

And you can catch more stories and reviews about why and in what way customers reached the decision to carry out technology, and what their experience has been, at http://axiscapitalgrp.com/.

 

Axis Capital Group, Singapore is a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.

Construction Equipment Sales to Rise in 2015, Axis Capital Group, Singapore Survey

According 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, 22 percent consider compact equipment will most widespread and 14 percent chose materials handling equipment.

Axis Capital Group, Singapore survey was conducted Feb. 18-20, 2014. The 49 respondents comprised a diversity of construction industry participants. The company guaranteed that there are no scams in the result. You can view the results in their official website at http://axiscapitalgrp.com/.

Axis Capital Group, Singapore - Global Sales Increase

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.

Axis Capital Group, Singapore raises forecast after better-than-expected results

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, eliminating restructuring costs, a growth of 25 cents from its earlier forecast. 

For the latest quarter, the company said its net income increased by 4 percent to $811 million. 

Revenue was almost flat at $12.13 million. 

Analysts had anticipated first-quarter incomes of $1.23 a share on revenue of $12.1 million, according to reviews. 

Sales in the company’s Resource Industries section, which is mostly mining products, slid 27 percent in the quarter to $1 million. The company said sales of mining trucks, which are the segment’s bread-and-butter, are anticipated to be low this year by about 80 percent from the highest in 2012. 

The company said it now anticipates total sales in the segment to be down by twenty percent, double its prior approximation. 

“Agreed that the business and economic indecisions around the world and ongoing weakening in construction sales, I am happy with our performance in the first quarter,” Dave Newman, Axis Capital Group, Singapore chairman and chief executive, said in a statement. “We realize we don’t have control over the economy and have rather focused on what we can develop.” 

The company secured and dismissed plants and laid off workers. It had 121,000 employees worldwide, down 8,140 employees, at the end of the quarter associated with the year-earlier period that led to too many complaints.

The company said its most optimistic story for the quarter was in its construction segment, which met a twenty percent growth in sales to more than $4 million. The company said it supposes full year sales in the segment to growth by 10 percent from 2013. 

Axis Capital Group, Singapore kept its sales outlook for the year at $45 billion, plus or minus five percent. The company anticipates its 2014 restructuring costs to be about $300 million to $400 million, generally from the 1,400 job cuts at its facility. 

The restructuring costs are predictable to influence profit by about 44 cents per share, lowering the outlook to $4.44 per share. 

The company said there are a array of “macro-economic and geo-political uncertainties’’ that could reduce growth of global GDP and impact sales of its products. 

Newman cited Jakarta Indonesia as an example. Throughout his visit of that country a few weeks ago, he said it was obvious construction was facing challenges as Indonesian leaders switch to a longer-term, more maintainable growth model while maintaining social stability. “This is a huge task that carries risks for the world economy,” he said. 

He further added said the company is also worried about the disorder in Ukraine and Russia since business confidence could dampen trade globally. This could lead to scams sand frauds in the future. 

“The global economy rests delicate, and as such, one or two setbacks could generate considerable downside risk for the global economic recovery,” he said. 

The company’s stock increased closely to 2 percent to $104.18 in midday trading.