All Business & Finance Articles

Terex and JLG work together on China safety initiative
Terex Corp and JLG/Oshkosh Corp are working together in China to promote safe working practices and to lobby the Chinese government about the benefits of modern access and mining equipment.
Volvo CE sales up
Third quarter net sales rise 18% amid good market momentum, but slowdown in China noted
Russian rental conference held in Ekaterinburg
Around 70 delegates from Russia’s equipment rental market gathered in Ekaterinburg, Russia, in mid-October to attend the second Russian Rental Conference.
Sales and profits rise at Caterpillar
Manufacturer optimistic on demand for 2012 after strong increases in third quarter results
Contrasting results from Indian contractors
L&T sees second quarter net profit rise while HCC reports net loss, hit by economic slowdown
Profits rise at Atlas Copco
Nine-month results show growth in all four business segments, but manufacturer forecasts softening demand
UK construction gloom
Worst decline in construction activity for 30 years predicted by Construction Products Association.
Helsinki transport’s €250 million loan
Second round of EIB funds will help construct new metro track and renovate stations
Nacanco buys 45 machines from Socage
Italian rental specialist Nacanco has bought 45 aerial platforms from Socage: 38 DA320s and 7 DA324s.
Snorkel gets cash injection from Smith Electric Vehicles share deal.
A private share issue at Smith Electric Vehicles has enabled it to pay Tanfield and allowed a $5.6 million cash injection at Snorkel.
Billionaire Icahn interested in Navistar and Oshkosh merger
According to multiple reports, billionaire investor Carl Icahn is interested in Navistar International Corp. merging with Oshkosh Corp., though nothing formal has been announced.
RSC reports "very strong" momentum and optimism for 2012
RSC Equipment Rental said it was building "very strong" business momentum with customers reacting to the lack of finance and moderate economic growth by outsourcing more of their equipment needs to rental companies.
Liugong and Cummins form joint venture
Partnership will see mid-range construction equipment engines manufactured at new facility in China
EU proposes €50 billion infrastructure fund
Investment would speed up road, rail, energy grid, pipeline and broadband network projects
Leighton disputes credit downgrade
Decision by rating agency Standard & Poor’s was based on influence of parent company Hochtief
US$ 1.2 billion Hong Kong rail station contract awarded
Joint venture between contractors Gammon and Leighton Asia wins international gateway project
India's Mtandt Rental has big growth plans
Mtandt Rentals Limited, based in Chennai, India and owner of the Onrent brand, has announced its intention to buy 3500 new units for its rental fleet over the next four years.
Sandvik to take Shanbao global
New acquisition of Chinese crusher manufacturer will spearhead the drive into mid-range markets.
New contracts and acquisition for Skanska
Swedish contractor wins €572 million in new contracts and acquires Finnish construction company
Monthly and annual rises for Europe’s construction output
Eurostat figures for August show strong year-on-year growth in Poland, Romania and Germany
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