All Business & Finance Articles
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.
The latest 'US Building Materials Forecast' produced by IHS Global Insight predicts that residential construction activity in the US will begin to see improvement this year, while non-residential construction will not recover before 2011.
Industrial equipment auctioneer Ritchie Bros. Auctioneers has set a company record by selling 918 cranes between January and June 2010
Austria-based Palfinger Group has acquired a 75% stake in Dutch company Ned-Deck Marine and is planning another acquisition in the sector
ADB to increase funding to Afghanistan to support essential reconstruction work and economic development.
US bankruptcy courts have approved the next step in Neff Rental’s restructuring plan regarding its Chapter 11 filing in May. The approval means Neff can seek approval for its plan from its creditors before the next court hearing on 14 September.
Japanese crane manufacturer Kobelco Cranes will build crawler cranes in India at a new factory opening in Chennai in 2011
KHL Group's i-phone app is now available for Google Android smartphones.
The latest figures from Eurostat show that construction output in the EU fell -2,4% in May compared to a year ago. In the 16 country Euro zone, the drop in output was even greater with a -6,3% fall.
8000 machine capacity Taian facility to be up and running within a year.
The strength of sentiment in the European construction industry fell back in July – a worrying sign or just the normal seasonal lull?
Aecom has acquired Tishman Construction for US$ 245 million. Tishman Construction provides construction management services in the US and UAE.
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