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Outokumpu selects Havator
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Havator has been selected as crane services contractor on the new ferrochrome plant at Outokumpu's mine at Kemi, Finland
Travis Perkins orders 505 JCB mini excavators
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Travis Perkins (TP) has ordered 505 JCB mini excavators for its tool and equipment rental business in the UK.
Tanfield's 2010 results will show stabilisation
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A preliminary report from the Tanfield Group Plc, owner of Snorkel, for its financial results ending 31 December 2010 says that trading for the second half of 2010 was similar to that of the first half and in line with the Board's expectations.
Atlas Copco invests in R&D capability for the Chinese market
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Attachment producer Atlas Copco is to invest €6.8 million (US$9.3 million) to create an R&D centre in Nanjing, China, that will eventually employ 250
UK’s positive start may not last
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Outlook for UK described as one of “nervous optimism” with fears of “another disappointing year”.
Volvo turns loss into profit
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+51% sales rise in 2010 sees Volvo Construction Equipment achieve an operating margin of 11.5%, compared to -11.2% in 2009.
World Bank withdraws support for Kenya road
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Cites concerns over Strabag and Housing & Construction Holding Company’s approach to compliance.
Lafarge halts concrete production in Egypt
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No estimate yet of financial impact from temporary halt to concrete production in the wake of civil unrest.
Cemex sales down for 2010
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Declines in the US and Europe offset high growth elsewhere in the world, particularly Mexico.
ACS confirms Hochtief stronghold
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Final outcome of share tender results in 33,5% stake, paving the way for ACS majority holding.
Husqvarna appoints Gnat as UK robot distributor
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Gnat UK will provide full sales, service and training support as a new UK Husqvarna demolition robot distributor
Harsh winter hits US construction
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Difficult weather conditions pushes down construction output in December, and year ahead looks mixed.
Atlas Copco achieves record margin
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Construction & Mining Technique business achieves 20.1% operating margin in fourth quarter as sales for the year rise +13%.
Sandvik sees profit turnaround
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Mining and construction business sees profits, orders and revenues rise thanks to buoyant markets in Asia and Latin America.
United Rentals to ‘outpace modest recovery’
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Rising rental rates and record fourth quarter time utilization saw United Rentals increase its revenues by 7.2% for the final three months of 2010, with total revenues for the quarter up 10.4% to US$597 million.
Ramirent makes small Danish acquisition
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Ramirent’s Danish subsidiary Ramirent A/S has agreed to buy Jydsk Materiel Udlejning (JMU), a small rental company located in West Jutland. The acquisition will add revenues of around €1.5 million and two depots to its Danish operation.
Norwegian road builders in price fixing probe
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The Norwegian Competition Authority is investigating Kolo Veidekke and NCC Roads for possible price collusion.
Shaw raises forecasts on arbitration win
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Favourable court ruling over nuclear project in Taiwan results in upwards earnings guidance.
Sales on the up at Manitowoc
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Manitowoc's crane segment fourth quarter 2010 results show positive signs despite an overall group sales drop
Laing O’Rourke partners with Novacem
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UK-based contractor joins consortium of investors in manufacturer of a carbon negative alternative to Portland cement, Novacem.
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