All Business & Finance Articles

Holcim held back by material costs
Cement producer’s higher first quarter sales struggle to absorb cost of raw materials
VIDEO: The 2011 Yellow Table
International Construction editor Chris Sleight discusses the Yellow Table ranking of the world's 50 largest construction equipment manufacturers.
Leighton proposes US$ 823 million capital raise
Contractor outlines strategic review of geographic presence and structure
Wacker Neuson opens used equipment centre
Wacker Neuson has opened a used equipment centre in Gotha, Germany, that will sell equipment from its own rental fleet as well as traded-in models.
Vinci Q1 revenues rise
Results boosted by growth in contracting and concessions businesses
Stellar cast for ERA’s rental conference
The European Rental Association (ERA) has assembled a remarkable line-up for the ‘Manufacturers’ Round-Table’ discussion on the opening afternoon of its Amsterdam annual convention with the CEOs of United Rentals, JCB, Loxam, Manitou and Boels Verhuur all taking part.
First quarter sales fuel optimism at Cargotec
Cargotec forecasts 2011 sales will grow some 20% following a healthy first quarter order intake in its Industrial & Terminal and Marine segments
Caterpillar reports record Q1
2011 sales and profit expected to beat 2008 levels amid soaring demand for machinery and power systems.
Hertz opens rental depot in Saudi Arabia
Hertz Equipment Rental Corporation (HERC) has opened its first rental depot in the Middle East. The location is in Damman, Saudi Arabia, and it is a joint venture with local company Dayim Holdings Co.
Terex to offer for Demag
Terex Corporation's German subsidiary, Terex Industrial Holding AG will make a voluntary cash public tender offer for the outstanding share capital of industrial and port crane manufacturer Demag Cranes AG
Oswalt adds Cometto from Kitchen
J. E. Oswalt & Sons, Inc., in South Carolina, USA, has increased the capacity and size of its fleet with the addition of 12 lines of Cometto 1MS hydraulic trailers
JLG returns to profit and triples backlog
JLG Industries sales grew by 72.7% to US$471.2 million for the three months to 31 March – JLG’s second quarter – and the business returned to profitability. The company’s backlog at the end of the quarter almost tripled to $596 million compared to a year ago. Operating profits were $17.7 million for the quarter.
New contracts worth US$ 327 million for Tutor Perini
Figure includes expected contract win on US$ 147 million rail project in New York
Strabag 2010 profit up
Contractor cautiously optimistic on prospects for Europe in 2011
Komatsu rescues loss-making Japanese rental subsidiary
Komatsu Ltd in Japan is to buy-out its majority-owned Japanese rental subsidiary, Komatsu Rental, take on its debts and create a new, debt-free rental business.
Volvo CE raises 2011 sales forecast
Net sales of construction equipment up +41% amid strong market conditions
Leighton Middle East wins contracts worth US$ 163 million
Al Habtoor Leighton secures two construction projects in Abu Dhabi
Strabag insists Kenyan road is viable
Contractor claims Nairobi toll road concession terminated “without reasonable cause”
Hitachi revenues up +27.7%
Strongest growth seen in Russia, CIS and the Americas, while Asian markets remain robust.
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