All Business & Finance Articles

Crane jobs recruitment site launched
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Construction recruitment specialist 4 U Recruitment has extended its offering worldwide with the launch of a new division for jobs in cranes and lifting
Ramirent pilots Wynne Systems software in Sweden
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Ramirent is to pilot Wynne Systems’ rental software system in Sweden.
Mouchel in talks of its own
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Approach to Costain takeover target has been made by Interserve.
Italcementi sells one Turkish business
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Italcementi has agreed to sell one of its Turkish businesses, Set Group Holding, to Limak Group for € 290 million (US$ 400 million).
VISTA countries ‘next wave of boom’
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Construction companies begin targeting opportunities in Vietnam, Indonesia, South Africa, Turkey, and Argentina.
Kanamoto and JP Nelson create Singapore rental joint venture
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Japanese rental company Kanamoto has formed a rental joint venture with Singapore rental company JP Nelson Equipment (JPN).
Revenues down at Tutor Perini
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Construction declines drag on full-year results, but company issues bullish 2011 forecast.
Fluor profit drops
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Extra costs in contractor’s infrastructure division impact full-year results
Loxam adds six Régis locations to its network
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Loxam has acquired six depots from regional French rental company Régis Location. The depots are in Ile de France and Picardy.
Big gains at Ferrovial
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Spanish contractor reports profitable 2010 fuelled by gains from asset sales.
Granite reports full year loss
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Hit by restructuring charges and declining revenues, US contractor ends 2010 in the red
Murray & Roberts takes US$ 111 million charge
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CEO and finance director to retire as company “cleans the slate” following the recession.
Palfinger 2010 turnover up 29% but access lags behind
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Palfinger's year end results for 2010 show 29% increase in turnover compared to 2009, but the access market remained weak.
South Korean construction in Libya disrupted
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Major infrastructure projects in Libya impacted by wide-spread civil unrest.
US equipment exports rise +28%
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Overseas sales of US-made construction equipment hit US$ 16.4 billion last year, a rise of +28% on the 2009 figure, according to the Association of Equipment Manufacturers (AEM).
Sunstate signs up with SmartEquip
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Sunstate Equipment is the latest US rental company to join the SmartEquip network. The system will link each of Sunstate’s depots with its suppliers, giving parts and service technicians real-time support on products.
Rental consultant offers global product sourcing service
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Rental consultant WL Associates has launched a new product sourcing service, called Worldsource, for rental companies. It will locate the best new products, components and consumable items worldwide.
Big profit increases at Coates Hire
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Australia’s largest rental company Coates Hire saw its profits for the six months to 31 December increase sixfold to A$24.7 million, with the business seeing a recovery in activity and margins.
The first Wumag WT1000 to arrive in Australia
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The first Wumag WT1000 to arrive in Australia has joined the fleet of LinCon Hire. The company has been running several Wumag Palfinger access platforms from the Jumbo range for a number of years, now LinConHire has expanded its range of services acquiring 100m, all-terrain, truck mounted access platform.
SC&RA Awards deadline
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The application deadline to receive entries for Specialized Carriers & Rigging Association's Annual awards is 15 March 2011
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