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Demag Cranes is a renowned manufacturer of industrial cranes and lifting equipment. The company has a rich history that spans over two centuries. Let's take a journey through the history of Demag Cranes.
The origins of Demag Cranes can be traced back to the year 1819 when a German engineer named Friedrich Harkort established a foundry and mechanical workshop in Wetter, Germany. Harkort's company focused on manufacturing steam engines, mining equipment, and other heavy machinery.
In 1840, Friedrich Harkort's son, Eduard Harkort, took over the company and expanded its operations. He diversified the product line to include construction cranes, hydraulic machines, and various industrial equipment. This marked the beginning of the company's involvement in the crane manufacturing business.
In 1906, the company merged with its competitor, Benrather Maschinenfabrik, to form Demag (short for "Deutsche Maschinenbau AG"). The merger allowed Demag to strengthen its position as a leading manufacturer of cranes and heavy machinery in Germany.
Throughout the early 20th century, Demag Cranes continued to innovate and expand its product range. The company developed various types of cranes, including mobile cranes, tower cranes, and overhead cranes. Demag's cranes became known for their high quality, reliability, and advanced technological features.
During World War II, Demag Cranes was heavily involved in supporting the German war effort. The company produced cranes and equipment for military use, including submarine construction and repair.
After the war, Demag Cranes faced a period of reconstruction and rebuilding. The company gradually recovered and resumed its position as a leading crane manufacturer. In the following decades, Demag expanded its operations globally, establishing subsidiaries and production facilities in different countries.
In 2002, Demag Cranes underwent a significant change when it became part of the Terex Corporation, a global manufacturer of lifting and material handling equipment. The acquisition provided Demag with additional resources and expanded its market reach.
In 2011, Terex and Demag Cranes formed a joint venture with the Chinese heavy machinery manufacturer, Sinotruk. The joint venture aimed to capitalize on the growing demand for cranes and lifting equipment in the Chinese market.
In 2019, the Japanese industrial conglomerate, Tadano, acquired the Demag mobile crane business from Terex. The acquisition marked a new chapter for Demag Cranes as it became a part of Tadano Group, a global leader in mobile cranes.
Today, Demag Cranes continues to manufacture a wide range of cranes and lifting equipment for various industries, including construction, manufacturing, logistics, and ports. The company is known for its advanced engineering, innovative solutions, and commitment to quality and safety.
With a legacy spanning more than 200 years, Demag Cranes has established itself as a prominent name in the global crane industry, providing reliable lifting solutions to customers worldwide.