herald

Sunday 20 August 2017

Crane hire in capital 'up by 10pc'

THINGS are starting to look up – if you're a crane driver at least.

The capital is experiencing a mini revival, with demand for crane hire jumping by 10pc in the past year.

Just a few years ago, the Dublin skyline was littered with the temporary monuments to the building boom.

However, there are signs that the construction industry is making slow progress.

ORDERS

"There are a number of crane hire companies actively out buying cranes in anticipation of a boost in orders," said Mark Lang, a spokesman for the Construction Industry Federation.

"Crane hire companies are also taking on maintenance fitters [who install and repair cranes]," Mr Lang added.

Aidan Kelleher, managing director of East Cork Crane Hire, which has been in the crane hire business for almost 30 years, said it had seen orders for mobile cranes increase by one tenth over the past year.

Most of this demand is coming from the pharmaceutical, wind energy and agricultural industries, Mr Kelleher said.

Pat Kavanagh, managing director of Kavanagh Crane Hire, a 40-year-old family business based in Wexford, said:

"Things have picked up a little. Our orders have probably gone up by about 10 per cent over the last year."

Although activity in the sector is still down, the pace of decline has slowed, according to Ulster Bank.

"It feels like we're close to the bottoming out point and that the worst is over," said chief economist Simon Barry.

hnews@herald.ie

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