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John Holland has won an AU$ 270 million (US$ 226 million) contract for the redevelopment of the Joondalup Health Campus in Perth, Australia.
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KHL's new Information Store is the one-stop shop for data and analysis of the global construction sector.
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Wal King, CEO of Leighton Holdings, which ranked 28 in iC’s global top 200 contractors this year, has said he’s upbeat about the future.
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Skanska has won its first fully funded American Recovery and Reinvestment Act (ARRA) contracts worth US$ 95 million, (SEK 720 million) which will be included in order bookings for the third quarter.
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Leighton Contractors and the Australian Rail Track Corporation (ARTC) will construct the AU$ 152 million (US$ 127 million) Hunter Valley Rail corridor in an alliance following the signing of an agreement to create the Upper Hunter Valley Alliance.
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Tutor Perini reported second quarter sales of US$ 1.3 billion down just -0.4% on the same period last year. Pre-tax profits for the quarter increased +37% to US$ 61 million, up from US$ 44 million twelve months ago.
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There was a further decline in national construction industry activity in July with the seasonally adjusted Australian Industry Group/Housing Industry Association Performance of Construction Index (Australian PCI) falling by 3.1 points to 39.5.
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Three manufacturers are exploring the possibility of a joint venture in the area of exhaust-gas after treatments for off-highway machines ahead of the next stage of engine emissions regulations which come into effect in 2011.
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Caterpillar CEO Jim Owens has said the company is now positioned for long-term profitability even if the global crisis means sales remain at a depressed level.
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Meva has introduced what it calls “RentalPlus”, an initiative the company anticipates will signal the end of disputes over damage to formwork.
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Taylor Wimpey reported first half sales of UK£ 1,1 billion (€ 1,3 billion), down -27% on the UK£ 1,5 billion (€ 1,8 billion) recorded for the same period last year.
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Product innovation, with a focus on the environment and increasing productivity remains top priority for global foundation equipment manufacturers, despite difficult market conditions. Becca Wilkins reports.
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Italy’s Simem and Sweden’s Röbäcks have signed a distribution agreement under which both companies will represent different markets.
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The China Railway Engineering Corporation (CRECG) has signed a US$ 7.5 billion contract for the design and build of the Tinaco to Anaco railway project in Venezuela.
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Emaar Properties reported second quarter sales of AED 1.9 billion (US$ 528 million), down -65% on the AED 5.6 billion (US$ 1.5 billion) recorded 12 months ago.
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The president of the Romanian Chamber of Industry and Commerce predicts that over the next two decades construction will be a major driver in the country’s economy.
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Atlas Copco reported second quarter sales of SEK 16,1 billion (€ 1,5 billion), down -14% on the SEK 18,8 billion (€ 1,8 billion) reported 12 months ago.
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Metso Mining and Construction reported second quarter sales of € 531 million, down -20% on the € 665 million recorded 12 months ago.