THE AMERICAS Ӏ REGIONAL REPORT
LAMPSON SHOWCASES THE MILLENNIUM CRANE
Kennewick, Washington, USA-based heavy lift specialist Lampson International has published a video on YouTube about its Lampson Millennium Cranes. The company says the Lampson Millennium Crane represents the perfect combination of time-tested design and modern innovation. Millennium Cranes were originally
developed to meet the demands of construction, industrial, and marine projects in the United States; today, each repowered crane is refurbished and its control system
upgraded with the latest technology, ensuring performance that matches or exceeds new equipment. Unlike many cranes that simply age
out of usefulness, the Millennium Crane continues to evolve, Lampson explains. The company’s engineering teams integrate advanced control systems, safety upgrades, and new components into every refurbishment. This, it says, gives clients the benefit of a proven design reinforced with modern reliability.
Looking ahead, Lampson says Millennium Cranes are destined to become a cornerstone of the crane industry. Their ability to adapt new technologies and applications keeps them relevant in a world where project demands are only getting more challenging.
The video can be seen here:
www.youtube. com/watch?v=w4ehRpDdUbM&t=282s
OLYMPIC LIFT
In preparation for the 2028 Summer Olympics, Wilder, Kentucky, USA- headquartered coast-to-coast lifting services provider Maxim Crane Works used its Liebherr LTM 1650-8.1 with 341,000 lbs. of counterweight and 276’ of luffing jib to replace 19 rooftop units at the Long Beach Convention Center, reaching out to 270’. The Liebherr crane was supported by a Grove GMK5150L.
BRAZIL Brazil’s construction industry is projected to grow 2.5% in real terms in 2025, supported by residential expansion, industrial and energy projects, and rising construction employment. Q1 2025 saw 3.4% YoY growth in construction value-add, with employment rising to 7.5 million workers. Major infrastructure funding includes BRL80 billion ($14.8 billion) in BNDES-approved credits for ports, shipyards, and related projects. Yet, Brazil faces material cost
volatility, US tariffs, weakened external demand, and fiscal freezes. The 2025 budget freeze of BRL31.3 billion ($5.8 billion) constrains public infrastructure spending. Tariffs on 19 steel products further strain margins.
Looking ahead, the sector is expected
to average 4% annual growth from 2026–2029, driven by industrial, data centre, energy, oil, and mining projects. Notable initiatives include the Redata National Data Center Plan ($369 billion over 10 years), the Casa dos Ventos data centre project ($9.1 billion), and expanded road, airport, and subway programs in São Paulo, Rio de Janeiro, and Minas Gerais.
Private investment is also robust, with
BRL372.3 billion ($68.7 billion) projected for infrastructure between 2025–2029, including energy hubs, semiconductor expansion, EV charging networks, and logistics improvements.
PANAMA Panama’s construction sector is expected to grow 2.9% in 2025, underpinned by infrastructure, residential, transportation, sanitation, and energy projects. Despite a downgraded investment-grade rating, the government has secured loans totaling over $2.8 billion for education, canal, and sanitation infrastructure. Key initiatives include the David–
Panama Border Train ($5 billion), Metro Line 3 ($1.1 billion), and Panama Canal water and decarbonisation projects ($1.6 billion). Strategic planning under the Mobility and Logistics Master Plan 2035 and renewable energy targets — 20% national consumption from renewables by 2030 — support mid-term growth. Output is forecast to grow at 5.2% CAGR from 2026–2029.
ECUADOR Ecuador is forecast to expand 3.8% in 2025, underpinned by power, mining, and
industrial construction. The government targets a rise in crude oil output from 475,272 bpd to 600,000 bpd by 2026, while a $2.43 billion renewable energy plan adds 1,471 MW via hydro, solar, wind, and geothermal projects. Mining investments are set to surge, with six major projects — including Loma Larga gold — potentially attracting $10 billion in construction activity. Public- private partnerships remain critical, with $6.6 billion in approved infrastructure projects in 2025. Average annual growth from 2026–2029 is projected at 4.6%, driven by mining, ports, energy, and transport projects.
CRANES TODAY 21
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