All Business & Finance Articles

Mott MacDonald is appointed Category III design checker for the new River Wear bridge.

Doosan Infracore reported second quarter sales of KRW 1.1 trillion (US$ 945 million) up +78.9% on the KRW 626 billion (US$ 528 million) recorded for the corresponding quarter last year.

Surprise departure of president & CEO Dr Georg Sick, who oversaw the merger between Wacker and Neuson in 2007.

Lafarge reported second quarter sales of € 4,4 billion, up +1,7% on the € 4,3 billion recorded last year.

Heidelberg Cement reported second quarter sales of € 3,2 billion, up +9,4% on the € 3 billion recorded 12 months ago.

Ferrovial reported a +22% increase in its order backlog over the first half of this year to a record € 22,8 billion, up from € 18,7 billion at the end of December 2009.

Weak business confidence will see unit sales grow just +4% this year.

SIAC Construction based in Dublin, Ireland has won a PLN 1,75 billion (€ 438 million) contract to build a 35 km section of the 92 km long Krakow to Rzeszow motorway in Poland.

Hitachi Construction Machinery reported first quarter sales to 30 June of JPY 167.3 billion (US$ 1.9 billion), up +43.4% on the JPY 132.3 billion (US$ 1.5 billion) recorded for the same period last year.

Komatsu reported first quarter sales to 30 June of JPY 447 billion (US$ 5 billion), up +39.5% on the JPY 320 billion (US$ 3.6 billion) recorded for the equivalent quarter last year.

Chinese aerial work platform manufacturer, Zhejiang Dingli Machinery Co Ltd is now up to full production in its new factory called Zhejiang Green Power Machinery Co Ltd.

Stimulus spending is driving unprecedented demand for excavators.

Vinci reported second quarter sales of € 8,9 billion, up +9,6% on the € 8,1 billion recorded for the same quarter last year. The company's order book at 30 June stood at a record high of € 28,4 billion, up +18% on the € 24 billion reported at the beginning of the year.

Genesis Attachments LLC has taken over the Genesis Europe GmbH & Co KG Memmingen production site in Germany with effect from 1 July 2010, from where a new company, Genesis GmbH, will operate.

Fluor won contracts in the second quarter totalling US$ 9.3 billion, a company record. The awards pushed the Group's order backlog to US$ 30.2 billion, up +17.5% on the US$ 25.7 billion reported in the first quarter and down only -2.3% on the US$ 30.9 billion recorded at the end of the second quarter last year.

Net sales at Terex Cranes dropped US$23.8 million, or 5%, to $449.1 million in the second quarter of 2010, compared to the same quarter in 2009

London–based Lynch Plant Hire has placed a multi-million pound order with JCB for 42 excavators, 40 telehandlers and six backhoe loaders.

RSC Equipment Rental reported total revenues down 8% to US$301 million year on year for the three months to 30 June, with rental revenues falling by just 4% to $260 million. RSC made a net loss of $22 million in the quarter.

Emaar Properties, the developer behind the Burj Khalifa, the world's tallest building, reported second quarter sales of AED 2.6 billion (US$ 722 million), up +37% on the AED 1.9 billion (US$ 528 million) recorded for the same period last year.

Increased order backlog points to recovery in company's key markets