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P-Fold nominated for the state award of innovation 2016

(PresseBox) (Bergheim, ) PALFINGER was nominated for the state award of innovation 2016 for its P-Fold assistance system by the Austrian Federal Ministry of Science, Research and Economy. This placed the system among the top six vying for the award. In total, 524 innovations were submitted.

The state award of innovation has been presented for the 36th time. In total, 524 submission had competed in 2016, including PALFINGER. At the award ceremony, Reinhold Mitterlehner, Vice-Chancellor and Federal Minister of Science, Research and Economy, nominated six companies for the state award of innovation throughout the ceremony. Each company has developed one of the top six innovations of the last year. One of the projects, which got nominated was the P-Fold assistance system developed by PALFINGER. The state award of innovation was eventually awarded to ams AG for their implementation of optical sensors for contactless gesture recognition. PALFINGER congratulates warmly.

P-Fold assistance system

The P-Fold project recognised at the award is an innovative assistance system that makes it easier for customers to fold and unfold their cranes. The crane operator activates the P-Fold control via the PALcom P7 operating menu. The intelligent P-Fold control takes over coordination of all crane movements until a defined working position is reached and can easily fold it again from any working position. P-Fold takes over the coordination of all crane movements as well as controlling the fly jib and cable winch. The operator controls the innovative system just with one control lever throughout the entire process. Set-up time is kept to a minimum, which saves time and money for the operator.

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For many years PALFINGER has been one of the world's leading manufacturers of innovative lifting solutions for use on commercial vehicles and in the maritime field. As a multinational group headquartered in Salzburg, the Company, which has approx. 8,995 employees, generated total sales of approx. EUR 1,229.9 million in 2015.

The Group has production and assembly facilities in Europe, in North and South America, as well as in Asia. The pillars of corporate strategy comprise innovation and the further internationalization as well as the growing flexibility of products, services and processes. PALFINGER is regarded not only as the market leader, but also the technology leader, in the global market for hydraulic loader cranes. PALFINGER is always in proximity to its customers due to its over 5,000 sales and services centres located in over 130 countries across all continents.