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Atlas Copco to acquire Dynapac Atlas Copco AB has entered into an agreement with the Altor 2003 Fund to acquire compaction and paving equipment manufacturer Dynapac for SEK 6,3 billion (€ 700 million), of which SEK 2,1 billion (€ 231 million) is assumed debt, subject to regulatory approval. Björn Rosengren president of Atlas Copco's Construction and Mining Technique (CMT) division said, “The new business is a very good fit w . . . more |
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2012 Olympic masterplan unveiledThe UK’s Olympic Delivery Authority (ODA) has submitted its planning application for the 2012 Olympic Park. The 15 volume, 10000-page document outlines the Olympic Park masterplan for the . . . more |
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Barratt to buy Wilson Bowden Barratt Group is set to become the UK’s largest house builder, following the announcement of its planned acquisition of Wilson Bowden. The cash and shares deal values Wilson Bowden at UK£ 2, . . . more |
Hoover Dam Bypass delayedThe US Federal Highway Administration (FHWA) has announced a two year delay in completion of the US$ 234 million Hoover Dam Bypass Bridge (see iC March 2005). The project will now fin . . . more |
New Arts CentreUK-based Zaha Hadid has unveiled the first images of a new performing arts centre in Abu Dhabi. Ms Hadid’s 62 m high structure will house five theatres with a combined seating capacity fo . . . more |
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Record year for Vinci Vinci, the world’s largest construction company saw its sales rise +10,7% last year to € 25,6 billion. Some 66% of this - € 17,2 billion - was generated in its home market of France. The . . . more |
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Volvo CE sales rise +17% Volvo Construction Equipment (CE) saw its sales rise +17% last year to SEK 40,6 billion (€ 4,49 billion). Its operating profit rose +41% to SEK 3,89 billion (€ 430 million) for a margin of 9 . . . more |
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Record 2006 for Manitowoc Net sales at the Manitowoc Company in 2006 were a record US$2.9 billion, up more than 30% on 2005. Cranes, from the Manitowoc Crane Group (MCG), were by far the largest contributor accountin . . . more |
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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 |
New Goldhofer for USAGoldhofer has launched a hydraulic heavy transport trailer system for the North American market, writes Gino Koster. The German manufacturer based the design of the new THP/DL on its THP ran . . . more |
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Second half of Airtek to Arcomet Arcomet Group has acquired the second 50% of the shares in Airtek Cranes Ltd from Airtek Safety Ltd. Belgium-based tower crane company Arcomet now owns 100% of UK tower crane rental house Ai . . . more |
DeWalt launches pavement breaker DeWalt has entered the electric pavement breaker market with its 31 kg D25980, positioning the tool to take on industry leader Bosch’s comparable model. The Baltimore, Maryland-based comp . . . more |
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Sunbelt invests in SmartEquip Sunbelt Rentals in the US is to use SmartEquip’s SE B2B Exchange software system to ease communications with its major equipment suppliers, starting with JLG Industries and to be followed by . . . more |
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HAE to change Hire Association Europe’s new managing director has outlined an ambitious set of aims just weeks after taking on the job, with priorities including a higher industry profile, a greater focus . . . more |
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Theisen buys big from JCB German rental company Theisen Baumaschinen-Mietpark GmbH ordered 215 machines from JCB as part of an investment programme that will see the company’s network in Germany grow from 100 to 130 . . . more |
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NES Rentals opts for Results' CRM NES Rentals, one of the largest rental companies in the US, is to implement Result Group’s rentalresult customer relationship management (CRM) software module across its 80 locations in the . . . more |
Streif launches rental formworkGerman rental company Streif Baulogistik GmbH – the rental subsidiary of contractor Hotchief – will use the Bauma show in Germany to introduce a new light-weight frame formwork system called . . . more |
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JLG wins Army contract for handlers JLG Industries has won a $102.2 million contract to produce 566 Atlas II military telescopic material handlers for the U.S. Army over the next five years. The machines will be delivered for . . . more |
Sky Climber launches mast platformSky Climber is launching a masted version of its suspended access systems that will expand their range of applications. The new Skymaster product (pictured at the recent World of Concret . . . more |
Genie to unveil Z-40 at Rental ShowThis is Genie Industries’ new Z-40/23N articulated boom, which gets its launch at the ARA’s Rental Show in Atlanta this week and its European premiere at Bauma in April. “Our research sho . . . more |
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IPAF goes global on harness message IPAF is to launch its UK ‘Clunk-Click’ safety harness promotional campaign internationally, using the Rental Show in Atlanta this week for its North American launch and the Bauma exhibition . . . more |
Dingli builds US$10m plant in ChinaChinese aerial platform manufacturer Zhejiang Dingli Machinery Co Ltd (Dingli) is building a new $10 million, 48000 m2 production facility at DeQing in the Zhejiang province. Dingli (form . . . more |
Facelift adds self-propelled NiftysUK rental company Facelift Access Hire has placed a £1 million order for a mix of Height Rider 15, 17 and 21 models from Niftylift Ltd, the UK manufacturer. Facelift already has Niftylift ma . . . more |
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Cummins meets Tier IV Cummins Engines has announced that its A Series engines have been certified to the EPA Tier IV interim emissions regulations that begin to come into force in january 2008. The company say . . . more |
Bauma launches for DemarecBauma will be a busy time for Dutch attachment manufacturer Demarec, with five new products on show on its stand. The MQP-25 offers crushing, pulverising or shearing jaw sets in a packag . . . more |
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