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London–based Lynch Plant Hire has placed a multi-million pound order with JCB for 42 excavators, 40 telehandlers and six backhoe loaders.
RSC Equipment Rental reported total revenues down 8% to US$301 million year on year for the three months to 30 June, with rental revenues falling by just 4% to $260 million. RSC made a net loss of $22 million in the quarter.
Emaar Properties, the developer behind the Burj Khalifa, the world's tallest building, reported second quarter sales of AED 2.6 billion (US$ 722 million), up +37% on the AED 1.9 billion (US$ 528 million) recorded for the same period last year.
Increased order backlog points to recovery in company's key markets
Speedy in the UK has appointed Steve McIntyre as its new group marketing director.
Belgian rental company Locquet Motors has ordered a selection of TowerLight VT-1 and Hydropowercube lighting products for its rental division, Locquet Lighting.
Sales at Terex’s AWP division, primarily Genie branded aerial platforms and telehandlers, increased by 11.7% to US$232.4 million compared to the second quarter of 2009.
Hilti is creating a UK-based hub for Northern Europe covering sales, marketing and purchasing in the UK, Ireland, Sweden, Finland and Denmark.
United Rentals reported a net profit of US$12 million for the second quarter of 2010 on total revenues of $557 million, down 10%.
Manitou's second quarter revenues increased by 36% to €225 million compared to the same period last year, with compact equipment sales (including Gehl in the US) doubling to €32.9 million and rough terrain handler sales up 24% to €157.7 million.
Volvo Construction Equipment saw a +67% rise in revenues in the second quarter and it achieved an operating margin of 13.6%.
Revenues rise +31% compared to last year and profits almost double.
Valemus, Bilfinger Berger's Australian subsidiary, has won two contracts valued at € 170 million for highway projects in New South Wales and Queensland in Australia.
Columbia River Crossing secures US$ 42 million in federal transportation funding to complete environmental reviews and start final designs.
A consortium led by Strabag subsidiary Ed Zublin has won the € 220 million contract to build Khalifa Port, 60 km northeast of Abu Dhabi in the UAE.
Astec Industries reported second quarter sales of US$ 209.2 million, up +10.8% on the US$ 188.8 million recorded 12 months ago.
Company says it is optimistic but cautious as sales and orders start to pick up.
Access tower manufacturer Turner Access has started legal proceedings against Youngman Group alleging infringement of its intellectual property rights over its BetaGuard Advanced Guardrail System.
A new Dubai Chamber of Commerce and Industry study has shown that more than US$ 714.8 billion of construction projects are currently at the design stage or under construction in the UAE
CNH reported overall sales of US$ 3.9 billion in the second quarter, up +10.7% on the US$ 3.5 billion recorded for the same period last year. Operating profits jumped +105% to US$ 330 million, up from US$ 161 million 12 months ago.
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