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Caterpillar enjoyed its best third quarter ever this year, with sales of US$ 11.4 billion and profit of US$ 927 million for the three months ending September 30. Sales were up +8% on the same period last year, while profits rose +21%. The only region to experience a decline com . . . more | |||||
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 New home for FC BarcelonaFC Barcelona’s Camp Nou Stadium, one of the world’s greatest football venues, is to be extensively remodelled in its 50th anniversary year at a cost of about € 250 million. Following an i . . . more |
| McAlpine rejects Carillion offers The Board of Alfred McAlpine has rejected two takeover offers from Carillion. Its UK rival approached McAlpine with a UK£ 5,60 (€ 8,24) per share offer in August. It has now raised this to U . . . more |
| Kobelco to build Thai factory Kobelco has announced plans to build an excavator factory in Thailand. The facility will manufacture 20 tonne class excavators for sale throughout Southeast Asia, and production is expected . . . more |
| Railway deal for Congo The Congo Republic has signed a deal with a Korean-led consortium to construct 1500 km of new railways and renovate an existing 500 km line in the Central African state, according to an onli . . . more |
 Liugong celebrates 50th birthdayLiugong, one China's largest construction equipment manufacturers, celebrated its 50th birthday at the BICES exhibition in China last week. Pictured second from left with members of his team . . . more |
 World's largest atriumInternational design company Gensler has unveiled images of a new flagship development for Tameer Holding Investments, one of the Middle East’s leading real estate investment companys. Ex . . . more |
| Sany crawler crane development Chinese manufacturer Shanghai Sany Technology Co. Ltd. and Guangdong Power Engineering Corporation (GPEC) have agreed to jointly develop high capacity crawler cranes. GPEC is a power engi . . . more |
| AEM predicts strong market for 08 The Association of Equipment Manufacturers (AEM) has released its annual forecast, reporting that the construction equipment manufacturing industry expects overall US and Canadian business t . . . more |
| Fushun and Logicrane crawlers to UK Netherlands-based Cranebusiness BV will exhibit for the first time at the UK’s 2008 SED construction equipment exhibition. The Dutch crawler crane specialist plans to show 25 and 55 tonne . . . more |
 New truck cranesPride of place on the lifting section of the XCMG stand at the recent BICES exhibition in China was taken by the SQ16SK5Q truck crane (pictured). The crane has a 16000 kg maximum lifting cap . . . more |
 Toggenburger adds tele crawlerSpecialist contractor Toggenburger in Switzerland has added a new telescopic boom crawler crane to its fleet. The 40 tonne capacity Sennebogen 643R joins more than 20 mobile and crawler c . . . more |
| WRCA changes name Wire Rope Corporation of America, Inc. (WRCA) has announced that the company will change its name to WireCo WorldGroup, effective on October 29, 2007. CEO Ira Glazer stated, “As our manuf . . . more |
| Euroloc gets €240m refinancing Spanish rental company Euroloc has negotiated a seven year, €240 million loan with Banesto and the Bank of Scotland that will refinance its existing debt and give it €120 million additional . . . more |
 Case launches Euro handlers in USCase has launched three of its Italian-made telehandlers in North America. The three are 7000 lb, 8000 lb and 9000 lb models (TX742, TX842 and TX945) with 42 ft and 45 ft reaches. The ma . . . more |
| Vp boosts railways rental division Vp plc in the UK has acquired First Engineering's small plant division for £1,2 million (€1,7 million). First Engineering is a railway engineering contractor and subsidiary of Babcock Intern . . . more |
| United Rentals sale gets approval United Rentals’ sale to private equity firm Cerberus Capital Management will close in November after the firm received the approval of its shareholders for the deal. At a special sharehol . . . more |
 Alimak AB appoints new MDRolf J Persson has been appointed new managing director of Alimak AB, the hoist business within Alimak Hek. He replaces Nils-Erik Häggström who has moved to Alimak Hek’s industrial division . . . more |
 MEC to enter boom marketUS manufacturer MEC Aerial Work Platforms has announced plans to build a large range of self-propelled boom platforms. The move will expand its offerings from the full range of scissors, on . . . more |
| Aichi to manufacture in the US Aichi Corp is to build a US production plant in Columbus, Indiana as part of a strategy to significantly boost its export sales. The company will begin construction of the plant in 2008 w . . . more |
 Access ChinaThe powered access market in China is very much in its infancy, but as safety measures are introduced into working legislation and the time a job takes becomes more and more important, the n . . . more |
 AFI wins massive UK rental contractUK rental company AFI-Uplift has won a massive rental contract to supply approximately 300 powered access platforms for four years to contractor Bovis Lend Lease for work on the £460 million . . . more |
| Haulotte reports "sustained growth" Haulotte Group’s sales for the three months to 30 September rose 23% to €134.7. The group’s sales for the first three quarters of the year have now grown by 29% to €444.9 million. This me . . . more |
| New Orleans seeks demolition bids With more than 2,500 buildings still awaiting demolition after being damaged following Katrina, the city of New Orleans is taking bids from companies to oversee their demolition now that the . . . more |
| Madrid demolitions halted According to news reports, a judge in Madrid, Spain, has put a legal halt to the demolition of buildings in the Canada Real shantytown on the outskirts of the Spanish capital. Residents o . . . more |
| WRAP completes aggregates grants The UK’s Waste & Resource Action Programme (WRAP) has funded £2.3 million (US$4.5 million) of support for recycled aggregate in the latest round of its capital support programme. This sho . . . more |
 NFDC appoints chief executiveHoward Button, until recently the national secretary of the UK’s National Federation of Demolition Contractors, has been appointed to the position of chief executive of the Federation. As . . . more |
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