International Construction Business News
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Global Construction Guide launches
New product reveals the top companies in all of construction’s main markets
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China’s construction investment in Latin America
Data shows that Chinese infrastructure investment in Latin America is worth US$86 billion
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Strong growth expected for offsite construction
The sector of modular and prefabricated buildings is predicted to see strong growth
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Growth in overseas revenue for Sany
China-based OEM sees 15% increase in international revenue
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Sales decline for Caterpillar
Sales in third quarter drop 7% worldwide, although North America and EAME see increases
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Malaysian construction to grow 3.7% in 2020
Construction demand forecast to increase, in part due to resurrected East Coast Rail Link
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New company to help construction go digital
Bentley and Topcon have launched a new joint venture to help construction contractors with digital automation integration
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Drop in sales for Volvo CE
Sales for original equipment manufacturer drop by 4% overall, but increase in North America
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Drop for Dubai’s construction activity
Value of construction projects in first three quarters of 2019 compared to 2018 down over US$10 billion
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Equipment market briefing at ConExpo
Panel of three industry experts to speak at conference about the global construction industry
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US construction employment and wages increase
More jobs added in the US construction sector as wages rise again
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Sany and Deutz sign agreement with Chinese province
Sany and Deutz to produce engines at new factory in Changsha in the province of Hunan
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Wacker sells power trowel arm to Husqvarna
Wacker Neuson divests concrete power trowel business in order to focus on core products
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Global construction growth to slow
According to a new report global construction output will decline to 2.7% in 2019
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Zeppelin Group extends role with Caterpillar
Zeppelin takes over distribution and service of Cat products in Sweden and Denmark
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Fluor looks to generate US$1 billion
Company to sell off two divisions, including construction equipment rental company AMECO
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New distributors for GOMACO
New distributors for Thailand and Colombia announced by global concrete construction equipment manufacturer
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New Philippines facility for Manitowoc
USA-based crane manufacturer opens new warehouse and workshop in Molino, Philippines
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Yanmar completes purchase of ASV
Japanese manufacturer has completed acquisition of compact equipment manufacturer for US$71 million