All Business & Finance Articles
Colombia’s Argos buys cement and grinding plants in Alabama, South Carolina and Georgia for US$ 750 million.
First quarter results from Astaldi, Bilfinger Berger and Peab reveal optimistic outlooks
Decline in construction and cement in Spain offset by areas such as environmental services.
Spanish contractor reports -31,3% drop in first quarter net profit
It can now be confirmed that All Erection bought its second and third 150 US ton (135 tonne) capacity Manitowoc Grove RT9150E rough terrain cranes at the ConExpo exhibition in March
Hertz Corp may consider selling off its equipment rental business, Hertz Equipment Rental Corp (HERC), and focus entirely on car rentals.
European sales rise for French group, although home market falls -4,7% on last year.
Netherlands-based rental consultancy Consurent has created an online survey on fleet management trends and will present the results at a meeting held on 7 June during the first day of the International Rental Exhibition (IRE) in Amsterdam.
Infrastructure projects in China, Nepal and Mongolia receive finance packages
Construction activity in Qatar in particular is on the up and major infrastructure projects are underway throughout the Middle East.
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Chinese manufacturer Zhejiang Dingli Machinery has reported a good start to marketing its products in North America. In cooperation with its USA partner Orange Machine, located in California, Dingli has introduced two scissors to the market.
Ramirent reported a 20.5% increase in sales to €134.4 million for the first quarter of 2011. Profits before interest and tax were €2.7 million, compared to a loss of €5.6 million in the same quarter in 2011.
Manitowoc crane segment sales for the first quarter of 2011 were up 7% to US$ 393 million from $367 million in Q1 2010
Pekkaniska has sold its Finnish weather protection and scaffolding business to Ramirent. The management and staff of Suomen Sääsuoja Oy will transfer to Ramirent and the price has not been disclosed.
HSS Hire’s revenues in the first quarter of 2011 grew by 12% to £46.9 million with EBITDA profits up 21% to £11.2 million. HSS said its results were “strongly ahead of market performance”.
ALH's annual listing of North America's largest telehandler-owning rental fleets shows stability.
Increased residential demand boosts construction figures despite tight budget
Cramo's sales grew by 42.2% to €144.2 million in the first quarter of the year, including a €10.6 million contribution from the newly acquired Theisen business in Germany, which was added to the results from 1 February. Strip out Theisen and the growth was 32%.
Altrad, the French scaffolding and light equipment company, has acquired UK scaffolding, fencing and groundworks specialist Beaver 84 for an undisclosed sum. Beaver 84 was sold by its parent company, SIG Trading Ltd.
Threefold growth in industrial & infrastructure business fuels first quarter results
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