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Record results for Cat in 2006 Caterpillar recorded sales of US$ 41.5 billion in 2006, a +14% increase on the US$ 36.3 billion total recorded in 2005, marking the fourth straight year of double digit growth. Profits were also up for the third successive year and rose +28% to US$ 3.53 billion in 2006. The full year results were announced along with Cat’s fourth quarter results, which also showed significant gains. The compan . . . more | |||||||||||
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 Dubai Towers unveiledTVS (Thompson, Ventulett, Stainback & Associates) has unveiled designs for the mixed-use Dubai Towers, the centrepiece of its master planned AED 65 billion (US$ 18 billion) central business . . . more |
| Takeover bid for Multiplex Australia’s Multiplex Group is the subject of intense speculation following the announcement that the board of directors had received an offer to buy all or part of the company. Following . . . more |
| Vinci acquires Solétanche France-based contractor Vinci has announced that it is to acquire the remaining 81% of Solétanche that it does not already own. Financial details of the deal have not been released, to respe . . . more |
 New Bronx developmentGrimshaw Architects has won a competition to design a mixed-use scheme in the New York borough of the Bronx. The scheme, which is called Via Verde (the Green Way), is a mixed-use, mixed-i . . . more |
| Balfour Beatty expands in the US Contractor Balfour Batty has announced that it is to acquire US-based Centex Construction for US$ 362 million from the Centex Corporation. According to Balfour Beatty, Centex’s construction . . . more |
| Leighton buys into house builder Australian contractor Leighton Holdings has announced plans to acquire a 40% stake in residential developer Devine Limited. If approved by Devine shareholders, the deal would involve Leighto . . . more |
| Technical alert on tower cranes The Health and Safety Executive in the UK has issued a technical alert to the construction industry about high tensile bolt connections on tower cranes. Aimed at owners, operators and those . . . more |
| Record 2006 for Palfinger Preliminary 2006 results for Palfinger show a 12.5% rise in revenue and indicate another year of record growth. Revenue compared with 2005 rose by Euro 65.1 million (US$85 million) to Euro 5 . . . more |
 Hovago gets 20,000th LiebherrIn December 2006 Doron Livnat, managing director of Hovago Cranes, took delivery of the 20,000th crane manufactured at Liebherr-Werk Ehingen in Germany. The crane is a 100 tonne capacity fiv . . . more |
 New equipment moverDutch specialist trailer manufacturer Broshuis has launched a fit-for-duty semi lowbed trailer, writes Gino Koster. The new semi is focused on quick and efficient transport of self-propel . . . more |
| Hertz identifies growth initiatives Hertz said its equipment rental business could add US$244 million (€188 million) in annual revenues in the long term as a combined result of new depot openings and market share gains in the . . . more |
| ERA to promote rental at Bauma The recently established European Rental Association (ERA) will use the Bauma exhibition in Munich, Germany, to kick-off a promotional campaign designed to encourage contractors and other eq . . . more |
 Husqvarna considers 3yr warrantiesHusqvarna Construction Products is considering a three year warranty period on its larger products such as floor drills, wall saws and wire saws. The company, which sells the saws, cutter . . . more |
| Two top appointments at Ramirent Ramirent has made two appointments to its group management team. Tomasz Walawender becomes vice president, Central Europe within the Ramirent Europe business, and Jarmo Kosonen has been appo . . . more |
 Parkinson appointed at Speedy SpaceSpeedy Hire has appointed Gary Parkinson as the new managing director of its £40 million (€60,5 million) Speedy Space business, which rents portable accommodation, toilets and storage units . . . more |
| Haulotte sales top €500 million Haulotte Group’s fourth quarter sales rose by 50% to €173.1 million, taking annual sales to €519.3 million, an increase of 34% on 2005 and higher than previously forecast. The group is fo . . . more |
 Fraco signs deal with De JongCanadian mast climbing platform manufacturer Fraco in Canada has signed a agreement to distribute De Jong hoists in North America and has also established a new sales/rental subsidiary in th . . . more |
 Eurogruas adds 84m WumagMajor Spanish crane rental company Eurogruas took delivery of its first big truck mounted aerial platform, an 84 m working height Wumag Elevant WT 850, on 25 January. The platform will be us . . . more |
| JLG looks for Oshkosh synergies JLG Industries and new owner Oshkosh are investigating ways for JLG to utilise Oshkosh’s enormous portfolio of manufacturing and service centers worldwide, with an expansion of JLG’s afterma . . . more |
 Beta Max sells Pega in USBeta Max Inc, the US company that specializes in importing European hoists, has become the distributor for Pega hoists in the US. The deal was made public at the World of Concrete exhibition . . . more |
 Case adds to B and E numbersOn show for the first time in the USA at the World of Concrete, Case Construction Equipment’s new CX B series line of hydraulic excavators are also likely to be one highlight of the company’ . . . more |
 Allied Gator adds new Multi ToolUS attachment specialist Allied Gator made use of the recent World of Concrete trade show in Las Vegas to launch its latest multi-tool to the industry. The MTR 15 is the latest to join the c . . . more |
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