All Business & Finance Articles

Swiss firm Sulzer signs an agreement to buy Assa Abloy’s Cardo Flow Solutions.

Ireland based scaffolding system manufacturer Instant UpRight has reported that first quarter sales in 2011 are 47% higher than the same period in 2010. Managing director John Nevin said, "We continue to see strong demand into Q2 and have positive news in dealer development and growth in our boiler, aviation and Industrial markets."

Rising cost of diesel and metallic construction products push annual input costs up +6.9% for contractors.

For the third year running in April, CE asked respondents to the survey about their experiences gaining credit compared to a year ago.

The CE Barometer enojyed a third straight month of strong results in April, resulting from up-beat responses.

Hamburg terminal operator HHLA has placed an order for 14 Cargotec Kalmar 7+ generation ESC350W diesel-electric straddle carriers. The machines, Cargotec's most environmentally friendly model

Steve Shaughnessy, the most recent past-president of IPAF and a former president of Skyjack, has proposed a £0.75-0.9 million promotional campaign to increase the use of aerial platforms in the UK.

Engine manufacturer refuses to recommend approach from Daimler and Rolls-Royce

Opening ceremony marks the commencement of series production of 20 tonne excavators at Sri City, Andhra Pradesh factory.

Gérard Déprez, chief executive officer of Loxam – Europe’s largest equipment rental company – urged aerial platform manufacturers not to overlook the requirements of the European rental sector as they chase emerging markets in Asia and Latin America.

Volvo is moving its North American Volvo Rents business from the Volvo Construction Equipment division to become a subsidiary of AB Volvo.

Denmark’s BMS A/S has sold its aerial platform rental division to Riwal Denmark and will now focus on its crane rental business.

Worldwide cement consumption predicted to reach record 3,9 billion tonnes by 2012.

China’s latest five-year plan could mean more moderate construction growth in the future, but the market will remain strong. Scott Hazelton of IHS Global Insight reports.

US construction output should turn a corner this year with growth in key sectors, but it will be 2012 before the recovery is fully fledged. Scott Hazelton of IHS Global Insight reports.

India’s construction growth will outshine Brazil and even China over the next five years, with opportunities across all sectors of the industry. Scott Hazelton of IHS Global Insight reports.

Australian company now predicts loss of AU$ 427 million for 2010/11, while Dr Herbert Lütkestratkötter will leave parent company Hochtief in May.

Cargotec has delivered Asia's first zero emission rubber tyred gantries (RTG) to Cat Lai Terminal in Ho Chi Minh City, Vietnam. The six Kalmar Zero Emissions E-One2 RTGs were ordered by Vietnam's terminal operator Saigon Newport (SNP)

United Rentals' Canadian subsidiary is to acquire Venetor Group, a seven-location equipment rental company in Canada, for an undisclosed price.

A new Australian dealer, 888 Crushing & Screening based in Perth, has joined CDE Global's network of distributors