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Deere exits wind energy
Construction & agricultural equipment manufacturer to sell 735 MW wind farm portfolio for US$ 900 million. ...more
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Atlas Copco acquires Hartl to move into mobile crushing
Hartl Anlagenbau GmbH has been acquired by Atlas Copco Austria GmbH, providing the latter with an entry into the mobile crushing and screening sector ...more
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Wolseley sells Brandon Hire to private equity for £43m
Wolseley is selling Brandon Hire, the UK tool hire company, to private investment company Rutland Partners for £43 million. The deal is expected to cl ...more
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Cemex completes Kentucky divestments
Deal sees former Florida Rock Industries executives re-enter the aggregates & concrete business. ...more
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Hertz enters Italy with power rentals acquisition
Hertz Equipment Rental Corporation (HERC) has acquired Rent One Italy, a power rental company based near Siena that rents equipment in the telecom and ...more
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Euro Rent expands access
Since March of last year Belgian general rental company Euro Rent has increased its access fleet by adding €1.5 million worth of Layher scaffolding, g ...more
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NES Rentals logs high customer loyalty
NES Rentals Holdings, one of the largest aerial equipment rental providers in the US, has announced that its 12-month Net Promoter Score average is at ...more
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High Level Platforms opens in Bristol
UK powered access rental company, High Level Platforms is opening a new branch in Bristol: the company already has branches in Poole, Dorset and South ...more
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AFI-Uplift expands in Wakefield
UK powered access rental specialist AFI-Uplift has relocated its Wakefield depot to larger premises. ...more
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Keep your eye on asset tracking
Enigma Vehicle Systems, a UK supplier of satellite tracking systems and associated products, is warning the plant industry to take even greater care w ...more
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US construction spending falls in July
US$ 110 billion year-on-year decline in non-residential work deflates industry. ...more
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Australian construction weakens further in July
Australia's construction industry moved further into the red during July according to the latest Australian Industry Group/Housing Industry Associatio ...more
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European equipment market to see slow recovery
Weak business confidence will see unit sales grow just +4% this year. ...more
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Chinese equipment market sees massive surge
Stimulus spending is driving unprecedented demand for excavators. ...more
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UAE tops US$ 1.3 trillion GCC construction market with growth expected in 2011
A new Dubai Chamber of Commerce and Industry study has shown that more than US$ 714.8 billion of construction projects are currently at the design sta ...more
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Eiffage – slight improvement
Construction division of Eiffage reports improvement in profitability in the first half. ...more
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Vinci performs well
A first-half increase in revenue and profit is being reported by Vinci. ...more
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Strabag record high
A record order backlog is reported by Strabag SE, one of Europe’s leading construction groups ...more
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Cimpor positive
A positive second quarter for Portuguese cement group ...more
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Haulotte up 15% but 'no significant recovery in 2010'
Haulotte said a “slight recovery” in the powered access market in the first half of 2010 helped it increase sales by 15% to €114.4 million. It warned, ...more
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US construction spending dipped in May
Private non-residential construction bore the brunt of the decline. ...more
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Bilfinger Berger’s Australian IPO launched
Bilfinger Berger Australia has been renamed Valemus for an IPO launched this week, which it is hoped will raise up to AUS$ 1.3 billion (US$ 1.1 billi ...more
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Erickson Air-Crane applies for listing
US heavy lift helicopter company Erickson Air-Crane Inc has applied for an initial public offering of up to US$75 million in shares ...more
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Mills floats on Brazilian stock market and plans expansion
Brazilian scaffolding, shoring and equipment rental business Mills Estruturas e Servicos de Engenharia (Mills) has raised R$686 million (€300 million) ...more
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Ritchie Bros. increases auction revenues in 2009
International auctioneer Ritchie Bros. announces increase in auction revenues in 2009. ...more
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JLG expands telehandler agreement with SAME DEUTZ-FAHR
JLG Industries has reached an agreement with SAME DEUTZ-FAHR Group (SDF) in Italy to supply telehandlers to the agricultural market worldwide. As part ...more
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US$9 million in cranes at Ritchie auction
More than 90 cranes sold for around US$9 million as part of a Ritchie Bros. Auctioneers unreserved auction in Texas, USA on 26 and 27 August ...more
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Speedy invests £1 million in low- level access
UK equipment rental company, Speedy has invested £1 million in a new range of low-level access equipment from Youngman. ...more
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Higher Access buys more Teupens and first Bluelift
UK rental company, Higher Access is based in Manchester and specialises in hiring spider lifts. The company has just expanded its fleet with two new T ...more
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US equipment exports climb
Asian and Latin American growth drive up first half sales of US-built construction equipment. ...more
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Belo Monte concession contract signed
Construction of US$ 10.9 billion hydroelectric project gets the go-ahead. ...more
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China Railway Group eyes South African link
US$ 30 billion Johannesburg to Durban high-speed rail link mooted ...more
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Fluor to manage Abu Dhabi Transportation Network construction
Multi-year consultancy contract will see company advise on all aspects of emirate’s new public transport system. ...more
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Havator nets Euro 6 million contract
Scandinavian crane and transport specialist Havator Group has been contracted by Betongmästarna i Sverige for the installation of concrete structures ...more
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Gammon and Leighton JV wins Hong Kong rail tunnel contract
Gammon Construction and Leighton Asia JV have been awarded a US$ 370 million contract by Hong Kong's rail operator. ...more
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