Expansion west
Premium Content
08 May 2008
US: Perini Corporation of Massachusetts, US has signed a letter of intention to acquire Rudolph and Sletten a privately owned construction and construction management company based in Redwood City, California. The company employs 1000 people and has annual sales of US$ 700 million. It is active in the major Californian markets of Los Angeles, Silicon Valley, San Francisco and Sacramento. Under the terms of the deal, which is subject to due diligence, Perini will acquire the company for US$ 50 million in cash plus an additional amount to be based on Rudolph and Sletten results for the fiscal year ending in September.
Flexible engine platforms are emerging as a way to balance performance, flexibility and future regulatory demands
How OEMs and operators are managing to maximise uptime for equipment that has to pass the ultimate stress test on a daily basis
From remote creek beds to inner city overpasses, crawler-mounted boom lifts are proving indispensable for bridge construction, inspection and maintenance