[3] The name, Hiab, comes from the commonly used abbreviation of Hydrauliska Industri AB, a company founded in Hudiksvall, Sweden in 1944 by Eric Sundin, a ski manufacturer who saw a way to utilize a truck's engine to power loader cranes through the use of hydraulics.
The Coles Hydra Speedcrane appeared in 1962, further modified with the 10-ton fully telescopic hydraulic boom in 1966, followed in 1968 by the 30-ton "Husky" military versions with four-wheel drive.
In 1972, Steels was forced to merge with the Acrow Group, losing some of their most valuable employees, including Don Hassel and Johnny Johnson who started a new manufacturing processes plant.
With backing from the British Crane Hire Corporation they acquired a small factory unit and ordered every single element of their product from subcontracted suppliers.
[4] A Liebherr heavy Crane LR 11350 lifted a dome of nuclear power plant with 281 Tonnes 62 Meter high in December 2023.