All Business & Finance Articles

New Hitachi dealer appointed in Lithuania
Domingos prekyba UAB (Dominga) has been appointed as Hitachi Construction Machinery (Europe) NV's dealer in Lithuania
China Railway Group eyes South African link
US$ 30 billion Johannesburg to Durban high-speed rail link mooted
Cement and aggregate buoyant
Holcim has reported a rise in cement and aggregate sales, though sees no signs of a global economic recovery.
US equipment exports climb
Asian and Latin American growth drive up first half sales of US-built construction equipment.
Fluor to manage Abu Dhabi Transportation Network construction
Multi-year consultancy contract will see company advise on all aspects of emirate’s new public transport system.
Heijmans turns round loss
After a difficult 2009, Dutch construction company Heijmans has reported a first half net profit of € 4 million.
URS agrees US$ 52.4 million settlement for I-35W bridge collapse
Company admits no guilt, but pays-out to avoid lengthy legal action.
Construction strike threat in Québec
Talks continue in a bid to avert a province-wide walkout on 30 August.
The service shake out: What do rental companies think about aftersales support
Maria Hadlow asked a number of rental companies from around the world to share their experiences of aftersales service.
Signs of stability, but Snorkel still down on 2009
Despite initial signs of stability in the powered access end markets, Tanfield's powered access business reported half year results for 2010 down 12.7% on 2009 (from £21.2 m turnover in 2009 to £18.5 m in 2010). While Tanfield's other major business division, electric vehicles, has experienced a return to growth.
AFI-Uplift refinances for growth
UK powered access rental company AFI -Uplift has agreed a multi-million pound refinancing package in order to support growth.
Havator nets Euro 6 million contract
Scandinavian crane and transport specialist Havator Group has been contracted by Betongmästarna i Sverige for the installation of concrete structures on the Stockholmsarena construction project in Sweden
Hertz enters Italy with power rentals acquisition
Hertz Equipment Rental Corporation (HERC) has acquired Rent One Italy, a power rental company based near Siena that rents equipment in the telecom and events sectors. The acquisition price has not been disclosed.
Emeco to sell Victoria civil rentals business
Australian heavy equipment rental company Emeco is to sell its civil construction rental business in Victoria and will concentrate on serving mining customers worldwide.
Speedy widening role beyond traditional hire
Speedy Hire said its growing industrial and infrastructure related business was helping it develop wider outsourcing services beyond the simple ‘hire’ of equipment.
Volvo dealer Swecon acquires Baumaschinen Könicke
Volvo dealer Swecon has boosted its operations in Germany by acquiring Baumaschinen Könicke, the Volvo dealer in northern Germany. Swecon is Volvo’s dealer in central Germany.
Acquisition of Atlas UK completed
Atlas Maschinen in Germany has completed its purchase of Terex Atlas UK and renamed the company Atlas Cranes UK Ltd
B&G Crane Services acquisition completed
Private equity investment firm The Sterling Group has completed the acquisition of B&G Crane Services in the USA
Gammon and Leighton JV wins Hong Kong rail tunnel contract
Gammon Construction and Leighton Asia JV have been awarded a US$ 370 million contract by Hong Kong's rail operator.
Deere sees construction rebound
John Deere’s construction equipment sales enjoyed a sharp improvement in the third quarter of the financial year.
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