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INDUSTRY NEWS: FEBRUARY 2017

STERTIL-KONI DEBUTS NEW VIDEO SHOWCASING UNIQUE ATTRIBUTES OF SKYLIFT

Heavy-duty vehicle lift leader Stertil-Koni announces the debut of its newest video, focusing on the unique attributes of the SKYLIFT—the company’s highly acclaimed true vertical rise heavy-duty platform lift.
SKYLIFT is engineered to be a superior heavy-duty platform lift that uniquely provides a “clear floor” concept for the user—delivering a true, vertical rise without any horizontal offset. The product’s elegant design includes two independent runways, vertical lifting, no crossbeams, no overhang, and no base frame.
As viewers of the video will see, the SKYLIFT provides free access from all sides with easy installation and minimal maintenance. The lift’s modular design allows for flush-mounted or surface-mounted installation and permits various lengths to be incorporated in a single lift. In addition, when utilizing a tandem configuration, SKYLIFT can handle vehicles up to 100 ft in length with a capacity of up to 156,000 lbs.
The new video features world-class animation and incorporates the latest editing techniques, including 360 “fly overs.” What’s more, through state-of-the-art production elements, viewers are literally transported to the shop floor to learn first-hand about its construction, operation, functions, and even financial benefits of this adaptable lift.
The SKYLIFT video is available at www.stertil-koni.com/videos, and directly on the company’s Vimeo channel at: www.vimeo.com/196731093.
According to Dr. Jean DellAmore, president of Stertil-Koni, “SKYLIFT is ‘a drive on, drive off lift,’ making it perfect for inspection, preventive maintenance, and service work. The lift’s modular design allows for flush-mounted or surface-mounted installation and permits various lengths to be incorporated into a single lift.” Flush-mounting allows heavy-duty vehicles with particularly low ground clearance to easily drive directly onto the SKYLIFT, thus permitting mechanics quick and easy access to a vehicle’s undercarriage.
SKYLIFT is also available in a Wash Bay version, making it fully water resistant. It features hot-dip galvanized platforms, three-layer mono-pox coated lift supports, and a watertight lockable stainless steel control box to provide superior protection for the electronic controls.
“Safety is one of Stertil-Koni’s top priorities. That’s why SKYLIFT has a state-of-the-art electronic synchronization feature, an automatic safeguard against overloading or uncontrolled descent, as well as a dedicated mechanical locking system. We even offer an optional textured top-coat anti-skid system,” says DellAmore.
To get the very most from the lift, accessories make the SKYLIFT one of the most adaptable lifts in the industry:

  • Jacking beams provide the ability to raise the vehicle off the platforms or maintenance pit to allow wheel removal and other types of undercarriage maintenance.
  • LED lighting lamps consist of high-output light engines coupled to a solid reflector tube that is virtually unbreakable and as bright as conventional fluorescent lamps.
  • Transmission jacks are designed for removal and installation of transmissions, differentials, and other components on heavy vehicles. These are ideal for servicing trucks and construction equipment.

“In summary,” concludes Dr. DellAmore, “our new video helps customers fully see for themselves the many attributes of SKYLIFT, which has taken the true vertical rise platform lift to new heights.”
www.stertil-koni.com

ELFA RELEASES SURVEY OF ECONOMIC ACTIVITY: MONTHLY LEASING AND FINANCE INDEX

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, shows their overall new business volume for December was $12.1 billion, down three percent year-over-year from new business volume in December 2015. Volume was up 89 percent month-to-month from $6.4 billion in November in a typical end-of-year spike. Cumulative new business volume for 2016 was down two percent from 2015.
Receivables over 30 days were 1.40 percent, up from 1.30 percent the previous month and up from 1.10 percent in the same period in 2015. Charge-offs were 0.42 percent, up from 0.40 percent the previous month, but virtually flat when compared to the year-earlier period.
Credit approvals totaled 77.4 percent in December, up from 76.0 percent in November. Total headcount for equipment finance companies was up 5.7 percent year-over-year.
Separately, the Equipment Leasing and Finance Foundation’s Monthly Confidence Index (MCI-EFI) for January is 73.4, an increase from the December index of 67.5 and the highest index since the MCI was launched in May 2009 to track recovery after the 2008 downturn.
ELFA president and CEO, Ralph Petta, says, “New business volume ends the year on a relatively high note, despite a slight decline in full-year 2015-16 originations. Credit market metrics remain in acceptable ranges. With a seemingly business-friendly Trump Administration assuming the reins of power in Washington, business owners share a cautious optimism as they look to policies that hopefully will continue growing the US economy and stimulate capital investment in the months and years ahead.”
Mike Jones, managing director, CIT Equipment Finance, a participating company in the MLFI-25, states, “We finance the commercial sales for manufacturers, distributors, and dealers in a number of industries.
Through these relationships, we have a good overview of Main Street businesses. As a result, we are seeing greater commitment among small- and medium-size organizations to invest in capital equipment. We’re hearing that these companies are really excited about what they have to offer their customers and are making investments to support their growth. It is refreshing to hear the optimism again.”
www.elfaonline.org

STELLAR INDUSTRIES INTRODUCES TMAX™ 30K SERVICE BODY

Stellar Industries, Inc. introduces the TMAX 30K service body. This body is designed to serve municipal markets, contractors, rental houses, light equipment dealers, and others needing a service crane that lifts 5,000 lbs or less. The TMAX 30K weighs nearly 1,000 lbs less than its heavy-duty counterpart, the TMAX 1.
The TMAX 30K is designed to accept a 30,000-ft-lb rated service crane or smaller. It features the Stellar® Torq-Isolator torsion box understructure and crane compartment, which isolates the cranes lifting forces into the stabilizers and chassis frame, not into the storage compartments. The body side compartments are constructed of 14-gage galvanneal steel, with double-panel aluminum doors with a bonded internal hat channel for ultimate strength while still reducing overall weight. It uses stainless steel, billet-style hinges, three-point stainless steel compression latches, and double spring over center door closures to keep the door in a positive open or closed position. Each body is completely undercoated to protect from corrosion. All Stellar bodies are painted with a two-part polyurethane enamel paint for added protection and visual appeal.
“Based on market and customer demand, Stellar has developed a lighter weight service body to handle smaller cranes on smaller chassis,” says Tim Davison, product manager. “There is a growing need for service trucks on smaller, less expensive chassis that can lift up to 5,000 lbs. The Stellar TMAX 30K is designed to meet customer expectations of weight reduction while maintaining productivity and top shelf features.”
Stellar offers a complete line of turnkey packages that include body, crane, steel and aluminum drawer systems, truck-mounted air compressors, and lube skids.
The Stellar TMAX 30K will be on display March 15-17 at the NTEA Work Truck Show in Indianapolis, Indiana.
www.stellarindustries.com

MAXION WHEELS ANNOUNCES FORGED ALUMINUM WHEELS FOR NORTH AMERICAN HEAVY-DUTY AFTERMARKET

Maxion Wheels, the world’s largest wheel manufacturer, announces that it is expanding its North American Commercial Vehicle (CV) product offering with the addition of a forged aluminum truck wheel product line.
“Maxion Wheels has been proudly serving the needs of the North American truck and trailer market for almost 100 years,” says Donald Polk, president of Maxion Wheels, Americas. “By adding forged aluminum to our product mix, our steel wheel commercial vehicle customers now have a one-stop alternative for their wheel needs. Our forged aluminum truck wheels are built for today’s toughest road conditions. They are designed, manufactured, and tested in accordance with Maxion Wheels’ highest product quality specifications.”
Maxion Wheels developed the forged aluminum CV four-wheel product line in response to the market’s growing need for lighter vehicles as a means of reducing fuel consumption and greenhouse gas emissions. The new 22.5- x 8.25-inch aluminum CV wheel weighs 45 lbs.
Compatible and interchangeable with current market offerings, Maxion Wheels’ aluminum wheel lineup was designed to exceed recognized industry standards with respect to: material, rim contour, radial and rotary fatigue, mounting configuration, and FMVSS 571.120 markings. The four wheels will be available in the industry’s most popular sizes:

  • 22.5- x 8.25-inch
  • 24.5- x 8.25-inch
  • 17.5- x 6.75-inch
  • 22.5- x 14.00-inch

A bright machined finish is standard, and polishing is also available.
Fleets operating in North America will be able to purchase the new wheels through aftermarket channels beginning in the spring with the initial rollout of the 22.5- x 8.25-inch wheel. A standard five-year limited warranty is included.
Polk concludes, “Maxion Wheels’ CV wheel product strategies will continue to focus on minimizing corrosion, reducing weight, and offering more styling alternatives, as a continued commitment to our customers to push the boundaries of innovation as the industry leader.”
www.maxionwheels.com
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MODERN WORKTRUCK SOLUTIONS: FEBRUARY 2017 ISSUE

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