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After 22 months of deliberations, the US Congress’s 12-member National Surface Transportation Policy and Revenue Study Commission has produced its final report, which reccomends a huge increase in US transport infrastructure spending. Transportaion for Tomorrow is intended . . . more | |||||
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 Terex to acquire ASVTerex has announced it will buy compact tracked loader manufacturer ASV for US$ 488 million. This equates to US$ 18 per share, a +46% premium on ASV’s closing price on Friday. ASV is a major . . . more |
| Hanson boosts Heidelberg figures Heidelberg Cement says its revenues for 2007 will be about +35% higher than 2006 at about € 10,7 billion, following the acquisition of Hanson and the sale of Maxit Group. Its operating profi . . . more |
| New loan guarantees for TENs The European Commission and the European Investment Bank (EIB) have set up a new financial instrument designed to increase private sector investment in the Trans-European Network (TEN) infra . . . more |
 Carbon neutral Black Sea GardensThe UK’s Foster + Partners has released the first images of its masterplanned, carbon-neutral resort on the Black Sea coast, its first project in Bulgaria. Black Sea Gardens is a series o . . . more |
| UK slowdown but no recession Growth in UK construction output is expected to fall to just over +1% for 2008, down from the +2,6% growth seen in 2007 according to the latest forecasts from the UK Construction Products As . . . more |
| Australian construction rises again Australia’s construction industry expanded for the fourth consecutive month in December 2007, with the Australian Industry Group (AIG) – Housing Industry Association (HIA) Performance of Con . . . more |
| US market attracts Sàez Sàez Cranes is expanding into the North American market with a sales office and spare parts facility. The Spanish tower crane manufacture is looking for premises in Houston, Texas, where . . . more |
| Sales soar at Kobelco Kobelco Cranes reported a 36.5% increase in consolidated sales for its latest financial half-year, amounting to Yen 34.6 billion (US$ 326 million). According to the Japanese manufacturer, . . . more |
| Fushun Yongmao goes public Chinese tower crane manufacturer Fushun Yongmao has been told it is conditionally eligible to become a public company. Yongmao Holdings Pte Ltd, formerly Sunfield Investments, applied to . . . more |
 Miniature cranes and heavy haulersThe international scale model event of the year is the Modelshow Europe. The 17th edition will be in Bemmel, near Arnhem, the Netherlands, on 26 April 2008. The exhibition is dedicated to . . . more |
| New heavy lifter at Dockwise Dockwise Transport in Norway has added the second of six heavy lift vessels to its fleet. The Target was converted from a single-hull tanker at the COSCO shipyard in Nantong, China. The w . . . more |
| JV rental firm formed in UAE A new rental company, Gulf Union Equipment Rental Company, has been established in the United Arab Emirates (UAE). Gulf is a joint venture between Caterpillar dealer Mohammed Abdulrahman . . . more |
| Online registration opens for IRE Free online registration is now available for the new International Rental Exhibition (IRE) taking place in Amsterdam, The Netherlands, on 3-5 June this year. Visitors can register in adv . . . more |
| Rental Network supports Italy Pier Angelo Cantù, previously editor of Italian rental magazine Noleggio, has left the publication and established a rental support organisation called the Rental Network. Mr Cantù told I . . . more |
| Magnus Rosén to leave Cramo Magnus Rosén, Cramo’s senior vice president for Scandinavia, is to leave Cramo and the equipment rental industry to join Sweden’s BE Group, one of Europe’s largest steel and metal trading co . . . more |
 Genie invests in Europe productionTerex Aerial Work Platforms has been producing two electric scissor lift models at Terex Construction’s Coventry facility in the UK since November last year and is now looking for another Eu . . . more |
| Genie buys US refurbishment company Genie Industries has acquired the assets of Phoenix Equipment Company, Waco, Texas, a company that specialises in the refurbishment of aerial work platform equipment. “As the market has g . . . more |
 Easi Uplifts joins German franchiseEasi Uplifts, the Republic of Ireland-based access renter, joined the German rental franchise organisation, PartnerLIFT, at the start of January. The deal represents a further internation . . . more |
| Skanska sources from Cramo Cramo’s subsidiary in Sweden will primarily supply all aerial equipment to Swedish rental company Skanska Sverige AB. The framework agreement is worth initially €6.5 million annually, has a . . . more |
| UK Work at Height show cancelled The Working at Height Exhibition in the UK scheduled for 2-3 April has been cancelled because of the low level of exhibitor bookings. The event, which was to be held at the Stoneleigh Par . . . more |
 High light reachedMateco, Germany has provided the solution to reaching a delicate artwork in a historic building. Since 1907 a highly decorative domed lamp has hung 14m above the floor and illuminated the . . . more |
| Major demolition drive Chinese municipality Chungqing is to spend 100 billion Yuan (US$13.8 million) over the next five years on the demolition and renovation of old, dilapidated housing in its nine urban district . . . more |
| Bucharest stadium demolition The 80,000 seater Lia Manoliu stadium in Bucharest, Hungary, is to be demolished as part of a Euro 120 million (US$ 180 million) project to replace it with two new stadiums – one a 55,000 se . . . more |
| Green award for brick recycling Australian brick manufacturer Midland Brick has been recognised for its recycling efforts by the award of the Department of Environment and Conservation’s 2007 WA Environment Award. The awar . . . more |
| Running rubble UK contractor Squibb and Davies is using a novel approach to removed demolition debris from a site it is currently working on in central London. The company is in the process of demolishing . . . more |
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