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| European Court upholds JCB fine The European Court of Justice has dismissed JCB’s appeal against a € 30,8 million fine for competition infringements, which occurred between 1973 and 1996. JCB has said in a statement that t . . . more |
| Volvo buys 70% of Lingong Volvo Construction Equipment has signed an agreement to buy a 70% share of China-based Shandong Lingong Construction Machinery for an, as yet, undisclosed sum. Volvo’s investment in the . . . more |
 New Paris arts complex US-based architect Frank Gehry has unveiled designs for a new contemporary arts centre in Paris, France for Bernard Arnault, head of the LVMH Group, and France’s richest man. Located betw . . . more |
| Ex-China Construction Bank chief pleads guilty The former chairman of China Construction Bank Ltd has pleaded guilty to charges that he took bribes to arrange loans, according to the Beijing News. Zhang Enzhao resigned 16 months ago a . . . more |
| Terex sells Czech truck business Terex has sold its 80,5% interest in Tatra, a Czech-based on- and off-highway truck manufacturer. The shareholding has been bought for US$ 57,8 million (€ 45,5 million) by Blue River s.r.o, . . . more |
| Carlyle may cut bid for Xugong US-based private equity fund Carlyle Group is expected to scale down its plans to acquire a majority stake in Xugong Group Construction Machinery (XCMC) in order to gain regulatory agreement . . . more |
| Terex American introducing crawler Terex American will introduce a new crawler crane in the second quarter of 2007, American Cranes & Transport has exclusively learned. The new HC 230 "will bridge the gap between the HC 165 a . . . more |
| Mammoet majority goes to SHV Netherlands-based international heavy lift and specialized transport company Mammoet has a new majority shareholder. Existing shareholder SHV Holdings N.V. has increased its stake in Mammoet . . . more |
| Arcomet growing at 50 Belgium-based Arcomet, the world’s largest tower crane-owning company, has announced its latest investment plans. “In 2006 and 2007 we will be investing 50 million Euros in new facilities in . . . more |
| A preview of Manitowoc CraneExpo Manitowoc Crane Group has invited dealers and customers to take a closer look at 22 products in its line-up of products Oct 17-18 at its Grove and National facilities in Shady Grove, PA. Fou . . . more |
| Link-Belt rolls out new models Link-Belt is showcasing five cranes and a boom attachment at its CraneFest ’06 October 9-10 in Lexington, KY, ACT has learned. More than 700 are expected to attend the event in which Link-Be . . . more |
| Terex offloads Tatra Terex Corporation has sold its 80.5 % stake in Czech Republic-based heavy duty truck manufacturer Tatra. The new owner is Blue River, a Czech Republic-based consortium of four international . . . more |
| Lloyd to retire from Finning UK Nick Lloyd is to retire as managing director of Finning Group UK – which includes rental company Hewden – and will be replaced by Andy Fraser, who is currently group vice president of Finnin . . . more |
| Rental Confidence Survey 2007 There is still time for you to participate in International Rental News' annual Rental Confidence Survey for 2007. If you have not already done so, please follow the link below (or cut an . . . more |
| Touchstone expands rental division Software company Touchstone Group is expanding its rental software division following major recent orders including Speedy Hire – the UK’s largest tool rental company - and Norland Managed S . . . more |
| Wilkerson steps aside at Genie Terex Corp has appointed Tim Ford, a senior executive from groundcare equipment manufacturer Toro, as president of its aerial work platform business, replacing Bob Wilkerson. Mr Ford will re . . . more |
 South African firm launches scissorCombine a two-wheeled road trailer with a 1 m by 2 m, 200 kg capacity scissor lift and what do you get? Rapid access up to 6.7 m working height in locations not suitable for typical scissors . . . more |
 Pega hoists on tallest towerFourteen massive passenger hoists manufactured by Czech company Pega Hoist will be used on the construction of the over 800 m high Burj Dubai tower in the United Arab Emirates (UAE). The tow . . . more |
| Confidence survey - have your say There is still time for you to contribute to Access International's annual Access Confidence Survey for 2007. If you haven't already done so, please follow the link below (or cut and past . . . more |
 Bobcat launches HB1180 breakerBobcat has launched the HB1180 hydraulic breaker, part of the Bobcat 80 Series, which is approved for use on large frame Bobcat skid steers (S220 through S300, the largest tracked loaders (T . . . more |
 Quality award for Cat Work ToolsCaterpillar’s European attachments operation Cat Work Tools (CWTS), based in Den Bosch, the Netherlands, has gained Operational Excellence certification from the Oliver Wight Companies. CWTS . . . more |
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