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Obayashi in bid-rigging scandal Takeo Obayashi, chairman and CEO of Japan’s fourth largest general contractor Obayashi, resigned on Monday, following the company’s alleged involvement in a series of bid-rigging scandals. Company president Norio Wakimura and executive vice president Yoshishia Obayashi also resigned. However, the three men will still work for the company. Takeo Obayashi will become be a board director – effecti . . . more | |||||
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 Big in MilanConstruction of the Business Park and Leisure Centre, Milanofiori North, Milan, Italy, masterplanned by Nederland-based architect Erick van Egeraat, has started. The project, for develope . . . more |
| Holcim South Africa sold to 'BEE' group Holcim has sold 85% of its 54% stake in Holcim South Africa to AfriSam Consortium, a Black Economic Empowerment (BEE) company. AfriSam’s shareholders include all 2000 of Holcim South Africa’ . . . more |
 Tower Bridge tops pollVisitors to Hyder Consulting's 150th anniversary website have voted Tower Bridge, one of London’s most famous landmarks, the most significant project carried out by the company in its histor . . . more |
| Russian equipment sales to grow at +25% A new report from PMR Publications says that the Russian market for construction and mining equipment was worth US$ 2,1 billion (€1,57 billion) last year. Annual growth over the next three t . . . more |
 Indian road loanThe Asian Development Bank (ADB) is providing a US$ 320 million loan to help reconstruct 1800 km of state road in Madhya Pradesh - one of India’s poorest states. In a report from the ADB . . . more |
| Amec sells two construction divisions Amec has announced it will sell two of its four construction businesses to fellow UK company Morgan Sindall for UK£ 26 million (€ 38 million) net in cash. The divestments are part of Amec’s . . . more |
 BigMove to expandHeavy transport group BigMove plans to expand across Europe and to do this it is looking for suitable partners. BigMove is not an everyday company, according to Heiner Schmallenbach and M . . . more |
| SC&RA video now available The Specialized Carriers & Rigging Association (SC&RA) has introduced “Safety First! A Team Effort (Series 2),” a video with three topics and one bonus training session. The video, created b . . . more |
| New facility for Hirschmann Hirschmann Automation and Control broke ground on its new Americas headquarters building in Chambersburg, PA. Attending the ceremony were business leaders and dignitaries from the Chamber . . . more |
| Koenig announces new dealer Custom Service Crane of Mahomet, Illinois is a new dealer for Koenig Cranes North America. With more than 14 years of experience in the Illinois market, Custom Service Crane has been awa . . . more |
| Eagle West orders 8 Koenig towers Eagle West Tower cranes has ordered eight Koenig K1545TKH self erecting tower cranes worth $2,640,000. The cranes are scheduled for delivery starting in early 2008 and will take the Eagle . . . more |
| ERA says prospects good for rental The European Rental Association (ERA) has valued Europe's equipment rental business at over €22 billion after canvassing its rental company members and manufacturers. The figure was announce . . . more |
| Pon pursuing Milcon? IRN understands that Dutch access rental company Milcon and Dutch trading company Pon are in negotiations. Pon already owns access equipment specialist company Gunco, based in Rotterdam. . . . more |
| Ramirent buys Czech expansion The Czech subsidiary of Ramirent has acquired the rental business of Kmb Stavební Servis, located in Brestek, near St. Mesto. The company specialised in renting telehandlers throug . . . more |
| Nikken consider US expansion Japanese rental giant Nikken is considering starting a re-rental business in North America, possibly focusing on aerial platforms and other rental-friendly items such as generators. Nikke . . . more |
 Speedy to try electricUK rental company Speedy Hire said it will introduce its first electric vehicles into its delivery fleet in late July in London. The four battery-powered units, built by Modec in Binley, . . . more |
 Orient-Express gets on topTravel and entertainment company Orient-Express Hotels Trains & Cruises uses a suspended gantry from the UK’s Planet Platforms at its Battersea train depot to access the roofs of historic ra . . . more |
| Lavendon buys Wizard UK access rental leader Lavendon Group bought Wizard Workspace of Norwich in a deal announced 4 June worth £1.7 (€2.5) million in cash and an additional £0.45 (€0.67) million to be paid on 1 . . . more |
| Morrow invests in Alimak hoists Morrow Equipment Co. has ordered an additional 20 hoists from Alimak Hek, bringing the number of Alimak hoists it has purchased since early 2005 to approximately 200. The latest deal was sig . . . more |
| Katrina demolition window extended The office of the Mayor of New Orleans, Ray Nagin, has announced that the date by which applications must be made for free demolition of Katrina-damaged buildings has been extended to 29th A . . . more |
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