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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

Kang Rixin, head of China's civilian and military nuclear programmes, has been arrested on suspicion of embezzlement and taking bribes from contractors.

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.

KHL's new Information Store is the one-stop shop for data and analysis of the global construction sector.

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.

Liebherr has launched the 60 tonne capacity LTF 1060-4.1 truck mounted crane. The model is an addition to the top end of the LTF series and has a 40 m telescopic boom and a 16 m double folding fly jib. Maximum lifting height and outreach are 56 and 48 m, respectively

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.

Two US rental veterans have launched a price comparison website for equipment rental. RentalHawk.com, based in Los Angeles, California, has been created by Robert Gray, a former United Rentals sales representative, and Mark Richter, a more experienced rental figure with a track record including Briggs Equipment, Diamondback Rentals and United Rentals.

Tutor Perini reported second quarter sales of US$ 1.3 billion down just -0.4% on the same period last year. Pre-tax profits for the quarter increased +37% to US$ 61 million, up from US$ 44 million twelve months ago.

There was a further decline in national construction industry activity in July with the seasonally adjusted Australian Industry Group/Housing Industry Association Performance of Construction Index (Australian PCI) falling by 3.1 points to 39.5.

Kevin Belflower has been appointed president and chief financial officer of Stafford Equipment in the USA

International heavy lift, transport and crane rental specialist Mammoet is launching two new super-heavy lift cranes, the 160,000 tonne-metre PTC 160 DS and the 120,000 tonne-metre PTC 120 DS

Three manufacturers are exploring the possibility of a joint venture in the area of exhaust-gas after treatments for off-highway machines ahead of the next stage of engine emissions regulations which come into effect in 2011.

Rental revenues at H&E Equipment Services in the US fell by 33.4% to US$50.1 million for the second quarter of the year. Total revenues, including H&E’s large new equipment sales business, fell by 36.2% to $180.2 million compared to the same quarter in 2008. Net profits fell to $0.3 million from $16.1 million.

Caterpillar CEO Jim Owens has said the company is now positioned for long-term profitability even if the global crisis means sales remain at a depressed level.