16 May 2007  
 
 
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Hanson accepts Heidelberg takeover

German cement maker HeidelbergCement AG has agreed to buy Britain's Hanson Plc for £8 billion (€11.7 billion) to create the world's second-largest company in construction materials. Aggregates producer, Hanson, agreed a recommended offer at 1,100 pence per share in cash, the two companies said in a statement. The deal will be the biggest takeover in the sector and creates a building material . . . more

Construction News

New chairman of 2012 Olympic construction named

Olympics Minister Tessa Jowell has appointed John Armitt CBE, the chief executive of Network Rail, chairman of London’s 2012 Olympic Delivery Authority (ODA). Mr Armitt will lead the orga . . . more
Second Danube bridge gets underway

The Bulgarian prime minister Sergey Stanishev has dug the first piece of earth in the construction of the Danube Bridge II at Vidin-Kalafat. In local media reports Stanishev said that the . . . more
Kaufman & Broad under offer

KB Home, one of the US’s largest homebuilders, has announced that it has received an offer of € 53,13 per share to purchase the 10921954 shares it owns in its French subsidiary Kaufman & Bro . . . more
China eyes second passenger-only inter-city railway

Construction of China's second passenger-only inter-city railroad will start this month (May), reports state news agency Xinhua. The new line will run between Lushan, a popular summer res . . . more
Vietnam’s Bitexco Financial Tower starts

Following the appointment of US-based Turner International as project manager, construction of the Bitexco Financial Tower in Ho Chi Minh City, Vietnam has started. The 290 m high, 68-sto . . . more
Jamaica road deal

Jamaica’s Government has given the go-ahead for a JMD 7 billion (US$ 103 million) contract with the Trans Jamaica/Bouygues joint venture to build the Mt Rossner bypass, according to a statem . . . more
Kohler to buy Lombardini

US-based Kohler has announced its Global Power Group, which manufactures engines and power generator systems, is to buy Italian engine maker Lombardini from a subsidiary of US-based Mark IV . . . more
Hexagon to buy Allen Precision

Hexagon, the parent company of Leica Geosystems, is to acquire all outstanding shares of the American company Allen Precision Equipment, Inc., primarily a catalogue company that represents s . . . more

 Cranes & Transport News

Foundation at fault in Bellevue

A flawed foundation engineering design was the cause of the Bellevue, WA tower-crane collapse in November 2006, according to a Department of Labor and Industries (L&I) investigation. One man . . . more
10 new RTGs to Vietnam

One of Vietnam’s largest container terminals, Tan Cang – Cat Lai, will receive 10 new gantry cranes next year. Saigon Newport Company ordered the 10 rubber tyred E-One gantry cranes from Kal . . . more
Etchart named MCG president

Manitowoc Crane Group(MCG) has named its new president and general manager. Eric Etchart took over the role from Glen Tellock who has been promoted to president and CEO of the firm’s parent . . . more
More port capacity in UAE

Port Khalid in United Arab Emirates will get two new ship-to-shore container cranes from Liebherr Container Cranes. The super-post-panamax gantry cranes were ordered by the Department of Sea . . . more
Strong growth at Tadano

Operating income at Tadano increased by 61.2% for the April 2006 to March 2007 fiscal year compared to the 2005 to 2006 period. That amounted to Yen 12,924 million (US$107 million), an incre . . . more
Orders for 42 Unics at Bauma

Unic Cranes Europe took orders for 42 new mini cranes during April’s Bauma exhibition in Germany, managing director Gill Riley told IC. Many of the cranes will be used in the glass handling . . . more

 

Rental News

Kanamoto broadens line to expand

Japanese rental company Kanamoto has embarked on a strategy of product diversification and depot openings to grow its business as Japan’s mature rental market experiences a period of flat en . . . more
Speedy splits up Power division

Speedy Hire is to split its Speedy Power division into three business units for power, pumps and compressors. Each will have its own divisional director and sales force within a new Speedy ‘ . . . more
Mild winter boosts Ramirent sales

Good weather in all of Ramirent’s operating area helped the company increase its sales by 30% to €136,6 million for the quarter to 31 March this year. Operating profits (EBITDA) grew by 58.8 . . . more
RSC sets out IPO

RSC Equipment Rental will raise approximately US$278,8 million in proceeds from an Initial Public Offering of its shares on the New York stock exchange. The proceeds will be used to repay de . . . more

 

 Access News

Kanamoto enters underbridge market

Japanese rental company Kanamoto is entering the underbridge inspection market in Japan with an order for around 100 new machines developed by Furukawa Unic, the Japanese manufacturer better . . . more
MOOG reorganises

Following the untimely death of founder and president Alfons Moog in August of last year, German underbridge access manufacturer MOOG has reorganised to continue the development of its speci . . . more
Skako still seeks Worldlift sale

Denmark’s Skako Industries is still looking for a buyer for its subsidiary Worldlift Industries, the manufacturer of Denka Lift trailer-mounted and Falck Schmidt crawler platforms. Skako, . . . more
Platform Co adds more telehandlers

UK access rental company The Platform Company is to accelerate its move into telehandlers by increasing its fleet from 154 to 250 units by the end of the year. The company, which is one o . . . more
Bluelift adds Skyking as UK dealer

Italian tracked access manufacturer Bluelift Srl has appointed Skyking Equipment as its UK distributor. Skyking, which is the access division within King Highway Products Ltd, also represent . . . more
JLG Australia appoints ex-Linde man

JLG has appointed ex-Linde salesman Andrew Satterley as its general manager for Australia and New Zealand. He replaces Dean Kavanagh, who left JLG late last year. Mr Satterley was previou . . . more

 Demolition News

In-house hi-reach

Case made use of the Bauma trade fair to present a prototype high reach on a CX330 crawler excavator base. Designated the CX330HRD, the machine is the first high reach it has entirely design . . . more
Move into Mobiles

One of the major surprises at the recent Bauma exhibition was Sandvik's announcement that it is to acquire two leading mobile crusher and screen manufacturers – Extec and Fintec. These two a . . . more