All Business & Finance Articles

UK construction sector gets new recession warning
The UK’s Construction Products Association predicts double-dip recession.
Manitou first half sales up 8.3%
Manitou’s revenues grew by 8.3% in the first half of the year to €387.1 million, with a 42% “rebound” in sales of skid steer loaders at its Gehl business in the US leading the figures.
Ammann and Yanmar dissolve European partnership
Ammann and Yanmar have dissolved their mini-excavator manufacturing joint venture in Europe. Yanmar will now run the French excavator plant on its own and Ammann will focus entirely on the compaction market.
YIT acquisition completed
Finnish company’s acquisition of Caverion goes through
Buy IRN's The Rental Book 2010 now
International Rental News' The Rental Book 2010 now available via's Information Store.
Colas takes hit in Central Europe
Road maker suffers despite parent’s better-than-expected figures
Brazil's Rohr to invest heavily in rental and events
Brazilian scaffolding and powered access rental company Rohr S/A Estrutura Tubulares is to invest R$300 million (€134 million) up to 2015 to expand its powered access, scaffolding and events divisions.
Cramo announces new financial targets and 'best in town' strategy
Cramo has renewed its strategic and financial targets for the next three years, with the cornerstone of the strategy being the aim to become “best in town” in each of its key market areas.
US construction spending falls in July
US$ 110 billion year-on-year decline in non-residential work deflates industry.
James Hardie loses back tax battle
Federal Court of Australia says fibre cement products manufacturer will have to pay US$ 330 million bill.
Caterpillar to expand Brazilian operations
US$ 180 million investment to expand existing factory and buy new facility.
Deere exits wind energy
Construction & agricultural equipment manufacturer to sell 735 MW wind farm portfolio for US$ 900 million.
Big Krøll tower crane to USA
A New Krøll K1800 tower crane has been commissioned by Jay Dee Contractors, Inc. of Livonia, Michigan in the USA to help construct a US$ 158 million transit station and tunnel project in Seattle, Washington
Eiffage – slight improvement
Construction division of Eiffage reports improvement in profitability in the first half.
Snorkel completes rebrand
On August 31 aerial work platform manufacturer UpRight Powered Access completed its global re-brand to Snorkel.
JLG expands telehandler agreement with SAME DEUTZ-FAHR
JLG Industries has reached an agreement with SAME DEUTZ-FAHR Group (SDF) in Italy to supply telehandlers to the agricultural market worldwide. As part of the 10 year deal JLG will withdraw its own branded handlers from the agricultural market.
Vinci performs well
A first-half increase in revenue and profit is being reported by Vinci.
Atlas Copco acquires Hartl to move into mobile crushing
Hartl Anlagenbau GmbH has been acquired by Atlas Copco Austria GmbH, providing the latter with an entry into the mobile crushing and screening sector
Cimpor positive
A positive second quarter for Portuguese cement group
Haulotte up 15% but 'no significant recovery in 2010'
Haulotte said a “slight recovery” in the powered access market in the first half of 2010 helped it increase sales by 15% to €114.4 million. It warned, however, that “the world market is not expected to significantly recover over the entire year 2010”.
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