Construction Sector News

Mecalac to build compact loaders for Hitachi
Range of three articulated machines built in Germany will be sold under the Hitachi brand through its distribution network
Chinese police investigate Schindler managers
Allegations of embezzlement and bribe taking have emerged at the escalator and elevator manufacturer’s Chinese sales operation
Bid for Ballast Nedam
Turkish construction company RC Rőnesans Inşaat Taahhűt makes move to buy Dutch contractor
IDB makes Bolivian road loan
Project to increase access to paved roads in poorly connected country
Cat plans closures
Weakened sales and revenues outlook set to lead to workforce reduction of up to 5,000 and consolidation of more than 10% of manufacturing area
Organisers hail Bauma Conexpo Africa success
Closing report details more than 600 exhibitors from 42 countries, with a ‘significant increase’ in professional attendees from Southern Africa
‘Sharp fall in orders’ hits JCB
Up to 400 redundancies proposed at UK-based manufacturer as a result of “rapid deterioration in world construction equipment markets”
BICES exhibition opens in Beijing
The 13th Beijing International Construction Machinery Exhibition & Seminar (BICES) has opened at the New Beijing International Exhibition Center in China. There are close to 1,000 exhibitors taking part and the show covers 150,000 square metres.
Liugong chairman says the Chinese equipment market is bottoming-out
After sharp declines in construction equipment sales again this year, one of the country’s leading manufacturers believes the end of the downturn is in sight.
Shantui unveils GPS machine control dozer
Shantui has used the BICES exhibition in Beijing, China to unveil its first ever GPS machine controlled dozer, the DH17R.
€1 million raised at Pilosio event
Award ceremony raises funds for the construction of 30 schools for Syrian refugees in Jordan and for “Hope Village” in Somalia
Chinese partners for LA to Las Vegas high-speed link
Giant state-owned contractors have signed-up to a joint venture to develop, finance, build and operate an inter-city high-speed rail link in the Western US
Boral wins union blockade dispute
Costs and damages of up to AU$ 9 million awarded following CFMEU illegal boycott of products on Melbourne construction sites.
Expressions of interest for Mexico City airport
Government gets construction of new US$ 9 billion hub underway with invitation to contractors for initial 44 square km land clearance and earthmoving package
CSCEC wins Brunei Bay bridge contract
Link across Brunei Bay will join up the Brunei Muara and Temburong regions of the country, which are currently separated by part of Malaysia
Taps on in Lake Mead tunnel
The third outlet tunnel to supply drinking water to Las Vegas is being filled with water, following a challenging construction phase
Ruling favour’s Saint-Gobain’s Sika takeover
Competition authority approval given for controversial deal, but other legal proceedings still continue
Deutz lowers forecast
Engine manufacturer expects revenues to be down -20% this year, citing end-user reluctance to invest in new equipment
Optimism in South Africa as Bauma Conexpo Africa gets underway
Opening ceremony held for mining and construction exhibition jointly organised by Messe München and the Association of Equipment Manufacturers
Nakheel awards US$ 653 million of residential contracts
Three contractors will build the 1,500 + villa complex at Nad al Sheba on the outskirts of Dubai, UAE
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