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Taylor Wimpey - Europe's largest house builder Taylor Woodrow and George Wimpey have agreed to merge to create the UK’s, and indeed Europe's largest house builder. Taylor Wimpey, as the new company will be known, will have annual sales of about UK£ 6,7 billion (€ 9,9 billion), with some 22000 house completions in the UK per year. It will also have interests in the US residential market, with 9000 completions per year. The new company will . . . more |
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Foster + Partners motors into SpainUK-based architect Foster + Partners has won an international competition to create La Ciudad del Motor - Motor City - a major new leisure and cultural zone within a new motor sports centre . . . more |
OMA boxes clever in SingaporeRem Koolhaus’s Office of Metropolitan Architecture (OMA) has unveiled designs for a 153 m tall tower for developer The Far East Organisation in Singapore. The Scotts Tower will be located . . . more |
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€ 4,4 billion UK construction cartel The UK’s Office of Fair Trading (OFT) has uncovered bid rigging cartels involving 57 construction companies working on “thousands of tenders” worth a total of UK£ 3 billion (€ 4,4 billion). . . . more |
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Malaysia to invest in Bangladesh highway The Malaysian-based Ajimat Consortium has offered to invest US$ 1.2 billion in Bangladesh to build a 198 km highway between Dhaka and Chittagong, according to Malaysia’s Daily Star news agen . . . more |
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Chinese workers clash, one dead Construction workers and villagers have clashed on the island of Guanzhou in southern China over the government’s seizure of farmland for a real estate project, leaving one dead and up to 14 . . . more |
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ACS buys stake in Hochtief Spanish construction Group ACS has acquired a 25,08% stake in Hochtief, Germany’s largest contractor. ACS paid € 1,26 billion for the interest in Hochtief, acquiring it at € 72 per share fro . . . more |
First sight of Grove’s GTK1100Grove’s new telescopic GTK1100 crane was shown in iron for the first time at customer days on 20 and 21 March. The crane is pictured in customer Wiesbauer colours at Grove’s Wilhelmshaven fa . . . more |
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Hirschmann acquisition completed Belden has completed its acquisition of Hirschmann Automation and Control GmbH. Signal transmission specialist Belden paid around US$260 million for HAC, which offers electronic control and . . . more |
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Hydramarine sold to Cargotec Marine crane manufacturer MacGregor will acquire Hydramarine AS, an offshore and sub-sea load handling company. Norway-based Hydramarine will be 90% owned by Cargotec’s MacGregor while the r . . . more |
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Potain goes direct in Belgium Manitowoc Crane Group has moved its Potain tower crane distribution for Belgium in-house. Potain’s previous distributor in Belgium, Neremat, will no longer represent the company. Potain s . . . more |
Emeco sets heavy rental targetAustralian heavy equipment rental company Emeco is targeting rental revenues in Europe and North America of between A$300 and A$500 million (approximately €180-€300 million) within three yea . . . more |
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Equipment theft falls in UK Equipment theft in the UK actually fell by almost 20% in 2006, according to The National Plant and Equipment Register (TER), the organisation that maintains the largest equipment register in . . . more |
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Williams Scotsman gets Hawaii base US portable accommodation renter Williams Scotsman Inc is to acquire Honolulu-based Hawaii Modular Space and its sister company, Alaska Modular Space, for US$42,5 million, with an additional . . . more |
MBA study into rental consolidationA Ramirent district manager in Sweden has written an MBA study into consolidation of the rental industry. The dissertation considers whether the process is inevitable and identifies the key . . . more |
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HSE to inspect steel erection sites The UK's Health and Safety Executive (HSE) is planning a series of inspections on large steel erection sites to determine if aerial platforms are being managed correctly. The inspections . . . more |
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UpRight boosts Tanfield sales The Tanfield Group’s revenues grew 83% last year to £40.9 million (US$80.5 million), thanks in part to the acquisition of UpRight in June. The company’s operating profit was up 69% to £3.56 . . . more |
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Dealer carries Pettibone in Midwest Dayton, OH-based KMH Systems Inc. is the latest authorized dealer for Pettibone. KMH, a privately held company that has been in the material handling business for more than 30 years with sev . . . more |
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IPAF targets 65000 PAL cards IPAF could issue as many as 65000 PAL operator training cards in 2007, a record number and up on the 60000 issued in 2006. Tim Whiteman, IPAF's managing director, speaking at the organisa . . . more |
Ruthmann production milestoneGerman manufacturer Ruthmann will celebrate the production of its 10000th access platform, a Steiger TB 220, by displaying it at Bauma and auctioning it on eBay. The 22 m working height . . . more |
Fitchett rises at SnorkelUS platform manufacturer Snorkel promoted George Fitchett to director of North American sales and major accounts on 1 March. He had previously served the Elwood, Kansas-based company as east . . . more |
A giant emergesD&Ri has obtained a rendering of the giant 90 m (295 ft) high reach currently under development by Rusch, based on a heavily modified Cat 5110, for Dutch high reach specialist Euro Demolitio . . . more |
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Tilley & Barrett changes hands A management buyout has seen the UK’s McNicholas plc sell its demolition contractor subsidiary Tilley & Barrett to current managing director Paul Brown. Tilley & Barrett started out in 1951 . . . more |
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