Friday quiz: Where will Sany expand? Will rental revenues grow in Canada? Manitou’s robots

1) Sany Heavy Industry this week gave more details about the company’s proposed $1.5 billion IPO on the Hong Kon stock exchange to support expansion. Where does Sany want to concentrate its expansion efforts?

• European markets, especially Germany, the Netherlands and the UK where it can grow rapidly and avoid the effect of US tariffs

• Rural areas of China where growth is likely to be stronger than that in big cities

• Developing and emerging economies outside North America, where Chinese equipment brands are widely accepted

2) The Canadian Rental Association (CRA) this week published its market outlook for the next five years. What does the association forecast for the year ahead??

• Beset by troublesome headwinds with total rental revenues set to plummet 8.6% CA$7.5 billion (€4.8 billion).

• a) Resilient and dependable with total rental revenues forecast to grow 3.4% in 2025 to reach CA$8.5 billion (€5.8 billion)

• Experiencing strong spikes in demand for rental equipment in the oil and gas, tent and event rental sectors which will lead to a 22% increase in total revenues to CA$10 billion (€6.4 billion)

3) China’s rental giant Horizon Construction Development just bought 80% of overseas rental firm Tong Heng (TH). Where is Tong Heng based?

• Malaysia

• Singapore

• Myanmar

4) Manitou Group just acquired Sitia’s robotics division, adding seven team members including engineers and PhDs to the company’s R&D team. Which of the following is one of Sitia’s previous projects?

• The Fork-lord 3000 – a giant robotic forklift designed to support spacecraft prior to launch

• The Liftinator – a robot that lifts shipping cargo

• The Trektor – an autonomous tractor

5) This week we interviewed Jevon Wooden, a keynote speaker at the forthcoming Scaffold & Access Industry Association’s Annual Convention and Expo about the importance of emotional intelligence to construction leaders. What is Wooden’s background?

• He has led the HR department for the Brock Group for the last 15 years and has developed his own philosophy on communicating human emotions based on his long-term hobby of kick boxing

• He has a PhD in clinical psychology and worked as a science journalist for the New York Times

• He spent time in jail and served for 12 years in the US military

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