All Business & Finance Articles
Construction activity is still strong in the United Arab Emirates, according to local Manitowoc dealer NFT. IC reports
Despite a few signs of wavering, stock markets kept on climbing in May, shrugging off swine flu and bankruptcies in the auto industry. Chris Sleight reports
Copies of International Cranes and Specialized Transport magazine's IC50 2009 and IC50 five year reports can now be bought online at KHL's new Information Store
Rental company A-Plant has launched a new insurance package which enables the company's customers to insure hired A-Plant equipment against loss or damage for up to £100000 for any one incident.
Ramirent remained profitable in its second quarter of the year, posting after tax profits of €8.5 million – down over 60% on the same period last year – on revenues that were 31% down at €124.6 million.
Terex has announced plans to close its factory in Cedar Rapids, Iowa, which makes crushing, screening and aspahlt equipment.
Revenues rise +17%, but exceptional items hit profits.
Fluor took US$ 6.8 billion worth of orders in the second quarter of the year, compared with US$ 6.4 billion in the same period in 2008.
The Eastern Busway Alliance has been awarded the AU$ 282 million (US$ 236 million) contract to deliver the Eastern Busway - Buranda to Main Avenue to expand Brisbane's busway network.
UK-based industrial rentals specialist Northbridge Industrial Services has bought 28 large Sullair compressors from Energyst. Northbridge has also formed an alliance with Sullair as part of its plan to expand the rental and service of compressors in Europe and the Middle East.
Catherine Stratton, author of the respected Plant Hire Investment Report, said the UK plant hire sector was facing one year or more of further decline in demand and that a rising level of business failures was the likely result.
Sunbelt Rentals in the US has developed a rental sales application for Apple's iPhone and has equipped 1200 of its sales staff and field personnel with the tool.
Knuckle boom crane manufacturer Palfinger in Austria reported revenue for the first half of 2009 down by 36% at Euro 269 million (US$ 382 million) compared to the record Euro 424 million ($602 million) for the first half of 2008
Singapore-based crane and equipment rental and sales company Tat Hong Holdings has signed a joint venture agreement with Chinese tower crane rental company Guangzhou Hailin
UK tool and equipment hire company Speedy has invested £600000 in low level access products.
John Holland has won an AU$ 270 million (US$ 226 million) contract for the redevelopment of the Joondalup Health Campus in Perth, Australia.
Wal King, CEO of Leighton Holdings, which ranked 28 in iC’s global top 200 contractors this year, has said he’s upbeat about the future.
Skanska has won its first fully funded American Recovery and Reinvestment Act (ARRA) contracts worth US$ 95 million, (SEK 720 million) which will be included in order bookings for the third quarter.
UK rental company Hewden will hold a used equipment auction in September that it claimed is Europe’s largest ‘direct from user’ sale.
Leighton Contractors and the Australian Rail Track Corporation (ARTC) will construct the AU$ 152 million (US$ 127 million) Hunter Valley Rail corridor in an alliance following the signing of an agreement to create the Upper Hunter Valley Alliance.
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