All Business & Finance Articles

Purchasing managers’ survey sees improvement driven by residential market.

Activity hit a new low in February, but March saw a small improvement in industry employment.

Indian joint venture to become a Hitachi subsidiary and regional manufacturing hub for emerging markets.

Already a part of the Skako Group. Danish manufacturer, Worldlift is renaming itself Skako Lift. The official announcement will be made at Bauma.

US gaint sees only slight fall in 2009 slaes and order backlog.

Which?, the UK-based consumer rights organisation, has called for rental companies in the UK to improve their standards after a survey revealed safety faults in half of the tools it rented.

For the first time in the construction equipment industry’s history a Chinese manufacturer is ranked among the world’s 10 largest manufacturers.

Florida, US-based pump manufacturer and rental company Thompson Pump & Manufacturing Co Inc is celebrating its 40th year in business. The company was founded in 1970 by George A Thompson, who formed Thompson Wellpoint & Rubber Co with his sons Bill and George Jr.

Local reports say Hitachi is to buy 20% of Tata's stake in their Indian joint venture.

Wacker Neuson recorded a € 110 million net loss for 2009 compared to the € 37 million annual profit recorded in 2008. The loss would have totalled € 2,9 million but for two, one-off payments of € 9,6 million for HR related restructuring costs and € 100 million in non-cash write-downs, mainly on goodwill attributable to the Neuson Kramer subgroup.

Lenders refuse to support contractor as UK rail work dries up

The second of KHL Group's series of Special Reports, Managing Rental, is now available.

Hochtief reported sales of € 18,1 billion in 2009, down -2,8% on the € 18,7 billion recorded in 2008. However pre-tax profits jumped +20,8% to € 600 million, up from € 496 million 12 months ago.

New cash from government of Dubai sees property developer unveil debt restructuring plan

Industrial crane manufacturer Konecranes will buy into Kito Corporation as part of a strategic alliance

An up-swing in month-on-month activity has moved the CE Barometer to its most positive results since 2007.

2010 will see all markets apart from Japan return to growth, with China and India leading the way.

CNH and Kamaz have finalised an agreement to form a joint venture in Russia to build construciton and agricultural equipment.

Harsco Infrastructure has acquired ESCO, a leading supplier of scaffolding and formwork services in Central America.