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Best opportunities in US, China and Japan
IHS Global insight considers market size, growth and risk to produce new ranking.
Ready Mix USA sells 12 quarries for US$ 420 million
Deal will generate US$ 100 million in cash for minority owner Cemex.
Higher Access has UK's first Leo50GTX
Higher Access Ltd a spider lift specialist based in Manchester, UK has taken delivery of the first Teupen Leo 50GTX to arrive into the UK. The model has a 400 kg capacity basket, non marking tracks for indoor use and a 50 m working height.
Mateco opens new Munich branch
German rental specialist, Mateco is opening a new branch in Bavaria, the depot will be located in Kirchheim , Munich.
Emeco to exit Europe and consolidate in North America
Australian heavy equipment rental company Emeco is to close its European business in July 2010 and consolidate its US activities into its Canadian operations.
Hertz plans 10 new depots in 2010
Hertz Corp said it will open 10 new equipment rental locations during 2010 to tap into markets emerging from recession and to support key industries such as petro-chemicals.
Lafarge nets cash despite fall in sales
Lafarge reported 2009 sales of € 15,8 billion, down -17% on the € 19 billion recorded 12 months ago. Pre-tax profits for the year slipped to € 2,4 billion, down -30% from € 3,5 billion in 2008.
Strabag revenues dip but orders up
Strabag reported 2009 sales of € 13 billion, a -5,3% decrease on the € 13,7 billion recorded 12 months ago.
Terex targets 24% growth in 2010 with aerials recovery lagging
Terex Corp made a net loss of US$114.8 million in the fourth quarter of the year with its AWP and Construction divisions being the worst performers, making operating losses of $32.6 million and $89.6 million, respectively.
Terex sales halve
Terex reported 2009 sales of US$ 4 billion, down -51.8% on the US$ 8.3 billion recorded 12 months ago. Following a pre-tax profit of US$ 71 million in 2008, the company recorded a pre-tax loss of –US$ 398 million for 2009.
Leighton closes in on Pacific highway
Leighton/Fulton Hogan JV given preferred bidder status by NSWRTA for AUD$ 698 million section of Pacific Highway
Haulotte's 2009 sales fall 55.2% and no quick recovery in sight
Haulotte Group reported revenues of €53.6 million in the fourth quarter of 2009, down 27.5% on the same quarter in 2008.
RSC looks to second half of year for recovery
RSC Equipment Rental said it expected the first half of 2010 to be challenging but that it anticipated an improvement in business conditions in the second half of the year with a recovery in industrial business leading the construction sector.
Question of the month February 2010
Civil engineering still looks like the strongest construciton sector in Europe.
CE Barometer February 2010: Positive improvement
European construction activity bounced back in February after a seasonal slowdown in January and sentiment about the future stayed strong.
Speedy places big order for Custom's Equipment's new 8ft scissors
At The Rental Show held in Orlando Florida on 8 to 10 February, UK rental company Speedy plc confirmed an order for Custom Equipment's new 8ft (2.4 m) platform height Hy-Brid scissor lifts. The order, which was placed with Custom Equipment's UK distributor to r2 Access, is said to be worth a seven figure sum and is for products to work alongside the Hy-Brid 1030 scissors the company bought last year
Technip takes US$ 328 million Nigerian bribery charge
Technip has announced a € 245 million (US$ 328 million) charge in its fourth quarter accounts to resolve bribery charges relating to the construction of a liquefied natural gas plant in Nigeria from 1994 to 2004.
Weak fourth quarter for Ramirent
Ramirent’s final quarter of 2009 was the weakest of the year, with a net loss of €9.3 million on revenues of €126.2 million, which were down 26.9% on the corresponding quarter in 2008.
Pulte Homes founder to retire
William J. Pulte to stand down after 60 years in the house building business.
NCC gets 20 year concession
NCC has won a SEK 1,3 billion (€ 132 million) contract to construct, operate and maintain a 28 km long section of the M50 highway between Mjölby and Motala in Östergötland, Sweden.
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