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Fines imposed by UK Office of Fair Trading against six construction companies revised downwards
A 300 tonne capacity Grove GMK6300L all terrain crane for Al-Mesallam took pride of place on the Manitowoc stand at the new Intermat Middle East construction equipment exhibition in Abu Dhabi, UAE
There seems to be a mood of renewed optimism at this week's Intermat Middle East event in Abu Dhabi concerning construction investment throughout the region.
Major power projects could add up to 30000 mW capacity to Poland’s grid by 2025
UK-based Maun Motors has invested UK£600,000 (US$960,000) in 24 HMF articulated loader cranes in the last six months. The self-drive hire and contract rental specialist operates a fleet of 900 vehicles
Empire Crane Company has ordered 40 cranes from Terex worth more than US$20 million. The deal was signed at the ConExpo exhibition in Las Vegas last week and includes the new Roadmaster 9000 truck mounted crane
Key shareholders strengthen their respective holds on the company amid solid results and a bullish outlook.
Intermat Middle East, the new construction equipment exhibition for the region, opened in Abu Dhabi today (Monday, March 28).
Wilson Jones, president of JLG Industries, said the market recovery was proving stronger than anticipated at the start of this year, with the top 20 rental companies in North America increasing investment; "We are seeing CapEx [from these companies] 30 to 50% higher than last year."
Haulotte said it was seeing the first signs that the larger European rental companies are starting to refresh their access fleets, following the lead of the major US renters. The company expects to double its global production this year.
Chicago Pneumatic (CP), the Atlas Copco business that sells basic site equipment such as light compaction, power, compressed air, hydraulic breakers and lighting tools, will become the sole brand used for light compaction equipment in North America, taking over from the Dynapac brand.
Allight Sykes, the Australian pumps, power, lighting tower and compressor specialist, is to start manufacturing lighting towers at a new facility in Dubai, the Middle East.
Volvo said it is ready to provide capital to assist its North American rental franchise partners expand their business and was “not afraid” of acquiring franchises if they were not capable of funding their own growth.
The 11 March earhtquake could mean disruption to the supply of hydraulic components and engines to the global construction equipment industry according to Caterpillar chairman & CEO Doug Oberhelman.
JCB to build $100 million factory in Brazil for excavators and backhoe loaders.
Skyjack has extended the sphere of influence of Brad Boehler: previously vice president of engineering, Mr Boehler has added vice president of sales and marketing to his job title.
Liebherr Group increased turnover by about 9% or US$823 million in the 2010 financial year to $10.1 billion, but the crane divisions fared less well
Komatsu said it hoped to resume normal production levels in mid-April following the earthquake and tsunami in Japan.
The chairmen of Terex and Topower joined each other at the official opening ceremony of the two companies' joint venture in China
Manitex International has seen a significant rise in 2010 performance thanks to an expansion programme and cost controls
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