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Welcome to World Construction Week, your single source for news and market intelligence for the world's construction sector - brought to you by KHL, the leading provider of international construction information. Make sure you keep up to date with all the key news stories from KHL's eight magazines (see right) and website by clicking on the free Newsletter registration link below. |
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| Impregilo fined for LHWP bribes The Lesotho High Court has fined Italy-based Impregilo ZAR 15 million (US$ 2.04 million) this week for its involvement in the bribery and corruption scandal that surrounded construction of t . . . more |
 ConExpo Asia 2007The next ConExpo Asia will be held on the 4 – 7 December, 2007 at the Chinese Export Commodities Fair (CECF) Pazhou Complex, Guangzhou, China. Announcing the dates and location this week, . . . more |
 New stadium for Valencia CFArchitectural and consulting group Evata has unveiled its design of the new € 750 million, Valencia CF stadium in Valencia, Spain. The stadium, to be built in the city centre, will have a . . . more |
 WTC: three towers unveiledSilverStein Properties Inc has unveiled images of the three towers that will complete redevelopment of the World Trade Centre (WTC), New York, US. Foster and Partners (UK), Richard Rogers . . . more |
| China’s construction sector up +20% The value of China’s construction sector has risen to CNY 3.47 trillion (US$ 436.5 billion) in 2005, up +19.7 % year on year, according to the latest figures from the Ministry of Constructio . . . more |
| Dutch companies fined The Dutch Competition Authority (Nma) has imposed fines of € 4,5 million on 14 civil engineering companies and nine businesses in the installation engineering sector. According to the Nma, t . . . more |
| Collapsed tunnel workers rescued Rescue workers have succeeded in saving all 25 workers from a collapsed highway tunnel in southwest China’s Yunnan Province, reports state media agency Xinhua. The workers were rescued af . . . more |
| Tunnel costs criticised As the Dublin Port Tunnel, the Republic of Ireland, prepares to open, investigations have revealed that over half the € 752 million spent constructing the tunnel went on legal fees, undergro . . . more |
| Japanese cartel fined US$ 57 million JAPAN: Record fines have been imposed on a group of Japanese construction companies accused of acting as a cartel on bidding for bridge projects between April 2002 and March 2005. The Japane . . . more |
| Six new Link-Belt cranes Next month Link-Belt will introduce six new cranes at its CraneFest ’06 event at the company’s Kentucky, US, factory on 10 and 11 October. With the exception of the new TCC 450 telescopi . . . more |
| German sales forecast up 10% Germany’s VDMA association for construction machinery manufacturers, which includes crane builders, has raised its 2006 sales forecast for members from an 8% increase to 10%. Association pre . . . more |
| MKG unveils new loader Loader crane manufacturer MKG Maschinen & Kranvertrieb in Germany has a new folding model, the HLK541, in the 50 tonne-metre class. The new crane can have up to eight hydraulic extensions fo . . . more |
 Developments at KatoKato Works exhibited three new cranes at the recent Conet exhibition in Japan. Largest of the three was the 65 tonne capacity SL-650R truck crane. A notable feature is the three section tele . . . more |
| Asian orders for MacGregor In the last two months MacGregor received orders worth E15 million (US$19 million) for 55 ship cranes. The cranes will be delivered during 2007 and 2008 to shipyards in Asia. Container vesse . . . more |
| Hitachi Sumitomo sales up Japan-based crawler crane manufacturer Hitahi Sumitomo has reported an 18% rise in net sales for the fiscal year ending 31 March 2006. Sales rose to YEN 24,509 million (US$208 million) in th . . . more |
| Grove launches 35 ton RT Grove is launching its RT535E, a new 35 ton capacity rough-terrain crane that will be built at the company’s manufacturing facility in Shady Grove, PA. The new model features a four-section . . . more |
| Finning sells UK forklift division Finning (UK) Ltd has sold its material handling division to US company Sammons Enterprises for £85 million. The division was one of the largest industrial forklift rental companies in the UK . . . more |
| MCS signs up Dutch partner UK rental software supplier MCS Ltd has appointed Mutsaers + Jan Infomatietechniek (MJI) has its distributor for Benelux. MJI was founded in 1992 and is a representative for SAP, Fujitsu-Sie . . . more |
| Ashtead considers US tool rental Sunbelt Rentals owner, Ashtead Group, is considering the development of a stand-alone tool rental chain in the US in cooperation with Lowe’s stores following Ashtead’s US$1 billion acquisiti . . . more |
| SafeWorks sold to equity firm A Chicago-based private equity firm, Wynnchurch Capital Partners, has acquired SafeWorks, LLC, the Seattle company that runs the Spider and Power Climber suspended access and mast climber bu . . . more |
| Sunbelt-NationsRent aerials push Sunbelt Rentals could open at least 14 new specialist aerial platform rental locations in the US following Ashtead Group’s acquisition of NationsRent. Sunbelt, which is owned by Ashtead, is . . . more |
| UpRight announces order wins UpRight Powered Access said it won orders worth over £1 milliion in the past week, the first time it has done so since it was acquired by Tanfield Group earlier this year. The company als . . . more |
| Paladin changes hands Paladin Brands Holding Inc, the parent group of boom specialist Jewell and attachments manufacturer Genesis, among others, has been sold by owner equity investment firm Norwest Equity Partne . . . more |
| 26m Hitachi starts work in Scotland A Hitachi Zaxis ZX850 47 tonne excavator has been modified by Kocurek to carry a 26 m (85 ft) three piece boom and a tilting cab, and delivered to contractor Central Demolition, based in Bon . . . more |
 Doosan high reach in EuropeThe first Doosan Daewoo DX420 demolition excavator to be seen in Europe has been delivered to UK contractor and plant rental company Thomas Crompton, based in Bradford. The new machine has a . . . more |
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