All Business & Finance Articles

Construction chemicals company buys into Japanese market

Easi Uplifts is to open its first rental depot in Hungary at Kecskemét, south east of Budapest. The new depot will be part of the Slovakian business run by Glenn Pearson.

Hochtief Construction and Lusail Real Estate Development, a subsidiary of QatariDiar have set up a Joint Venture company

New joint venture will comprise five plants in Austria, the Czech Republic, Hungary Slovakia and Slovenia with 4.8 million tonnes of capacity.

What effect did the volcanic eruptions in Iceland, and ensuing travel problems have on your business?

The results of May’s CE barometer survey painted a picture of continued recovery, with the industry having returned to growth in April. Chris Sleight reports.

Revenue at Tat Hong Holdings was down 22% overall for the 12 months to 31 March 2010 but it was up 37% in the tower crane rental division

Fluor has won four contracts worth US$ 3 billion for the development of the Ras Az’Zawr aluminium complex in Saudi Arabia.

Germany, Sweden and Norway will be among the first target markets in Europe for Harsco Infrastructure’s plan to extend mechanical access equipment throughout its operations.

US heavy lift helicopter company Erickson Air-Crane Inc has applied for an initial public offering of up to US$75 million in shares

Sweden’s Skanska Maskin is to significantly increase its depot network in the coming two years to increase the level of support it provides to Skanska, its parent company and main customer.

Lower utilization rates pushed down rental revenue at US-based Essex Rental. Corp during the first quarter of 2010

Wacker Neuson’s rental business grew by 15% last year to €63 million, a record for the business and in stark contrast to the over 30% fall in the manufacturer’s equipment sales last year.

You can now find the Access International newsfeed on the home page of Accessaccess.com.

HSS Hire in the UK posted an 11% increase in like-for-like revenues to £41.9 million for the first quarter of 2010. The company, which reported 26% increase in EBITDA profits to £9.3 million, said the results were “strongly ahead of market performance”.

The DRPA approves a US$ 139 million refurbishment of the Walt Whitman Bridge, its largest capital improvement project ever.

Briggs International has acquired United Rentals’ rental location in Monterrey, Mexico, and will combine it with its Monterrey materials handling operation. Briggs is one of the largest forklift truck rental companies in Mexico and recently acquired Maquinaira Ligera Equinter, a materials handling dealer based in Mexico City.

Since the announcement in April of the first World Crane Auction, more than 80 cranes have been consigned for sale

Construction spending in China is forecast to grow at +9.1% each year through to 2014 according to the latest study by The Freedonia Group.