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Lend Lease, Australia’s largest contractor, saw its post-tax profit leap +20% in the financial year to the end of June, to AU$ 498 million (US$ 440 million). The company’s revenues were up +18% to AU$ 14.3 billion (US$ 12.6 billion). The company’s steepest profit rise was seen at its Investment Management division, a fund management business focused on the property market. Its post-tax profits . . . more | |||||
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| Amec exit complete Amec has agreed to sell its final construction business to its former subsidiary Spie. Spie will buy Amec’s Building and Facilities Services (BFS) business for UK£ 117 million (€ 175 million . . . more |
| Heidelberg to sell mortar business Heidelberg Cement has announced it is to sell its dry mortar business, maxit Group, to Saint-Gobain for € 2,13 billion. The company had sales of € 1,2 billion last year, and employs 5130 peo . . . more |
| Probe into Bridge collapse An investigation into the bridge that collapsed over the Mississippi river has revealed a possible design issue, according to online news reports. Reports state that The National Transpor . . . more |
| Bam buys in Belgium Bam Group of The Netherlands has agreed to acquire Belgian infrastructure contractor Betonac, which is currently owned by its management team. The company, which was established in 1910, has . . . more |
| Cranes dispatched to Minn bridge Minnesota-based specialist contractor Carl Bolander & Sons Co. has dispatched four 100 ton capacity cranes and three excavators to Minneapolis to begin debris removal at the site where the I . . . more |
| Liebherr to assemble LTF 1045 in USA By the end of 2007 Liebherr Cranes USA will begin assembly of the new LTF 1045 truck mounted crane at its service facility in Houston, according to Ralf Vieten, executive vice president of p . . . more |
| Safety summit to spur action An action plan designed to improve tower crane safety has been issued following a series of fatal accidents in England. The Strategic Forum for Construction Health and Safety Group came u . . . more |
| Demag Cranes earnings rise 18.9% Results at Demag Cranes AG for the third quarter of the company’s financial year show a significant rise in earnings despite its port technology segment being hit by high manufacturing costs . . . more |
| Crane veteran Tom Lonergan dies Empire Crane and the US crane industry mourns the loss of crane industry mentor Thomas J. Lonergan, who died in late June after a short battle with lung cancer. Rare in a salesman, Tom ne . . . more |
| Finning rental surges ahead Finning International’s rental businesses in Canada and Latin America grew by 23,6% and 38% respectively in the three months to 30 June this year. Its Hewden subsidiary saw revenues in local . . . more |
| Ramirent grows 30% in first half Good performances in all its businesses boosted Ramirent’s revenues by 30,1% to €288,6 million in the six months to 30 June. Operating profit before depreciation (EBITDA) grew by 48,8% to €9 . . . more |
| French rental growing fast French equipment rental revenues grew by 8% on average in the second quarter of 2007 compared to the same period in 2006, according to the DLR’s quarterly business trends report. The sou . . . more |
| A-Plant boosts its safety campaign UK rental company A-Plant has launched a safety campaign aimed at its customers, giving them information and products targeted at complying with existing and planned health and safety legisl . . . more |
| Submit to ALH’s 20/20 poll American Lift & Handlers will be conducting its first ALH 20/20 in the September/October issue. The 20/20 poll will be a list of the top 20 aerial lift fleets and the top 20 telehandler flee . . . more |
 Wumag 103m on show at EuroplatformThe world’s largest aerial platform – Wumag’s new 103 m working height machine – is scheduled to be on show at the Europlatform access conference in Basel, Switzerland, on 11 September Th . . . more |
 Get ready for ICUEEThe bi-annual showcase for the North American utility sector, the International Construction and Utility Equipment Exhibition (ICUEE), is set for 16 – 18 October at the Kentucky Exposition C . . . more |
| Skyjack up in Europe & Canada Significant growth in Europe and continued strong demand in Canada for aerial work platforms help Skyjack post a 26.9% increase in sales to C$150.8 million for the three months to 30 June th . . . more |
 Rise Hire invests in VersaliftRise Hire, the van mounted access renter bought recently by Lavendon Group, has invested £2.6 million in new Versalift and Gardner Denver platforms. The new machines will comprise 52 addi . . . more |
| JLG confident of 2008 growth JLG Industries reported sales of US$873.8 million for the quarter to 30 June, an increase of 30.8% on the same period last year, before its acquisition by Oshkosh Truck. Operating income ros . . . more |
| Zero waste future? The UK’s demolition and construction industries may have to adopt a zero waste to landfill approach by 2020 if a new government strategy is adopted. The Waste Strategy for England 2007 insti . . . more |
| Demolition disturbs spirits? Workers from UK contractor Cawarden Demolition, based in Derby, are said to be experiencing some unusual working conditions during the demolition of the Grove Hospital in Shardlow, Derbyshir . . . more |
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