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Sales up but profits slip at Cat
Caterpillar had sales revenues of US$ 11.4 billion in the second quarter of the year, up +7% on the same period last year. However, profits for the three months fell –21% to US$ 823 million, . . . more
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Two contracts for Chilean road
Chile's public works ministry MOP has decided to split in two the concession process of the La Serena-Caldera highway in the north of the country, according to local media. The project or . . . more
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US downturn impacts Cemex profits
Cemex’s revenues increased +6% in the second quarter of the year to US$ 4.9 billion, compared to US$ 4.6 billion in the first quarter of 2006. Its earnings of interest, tax and amortisation . . . more
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Dam plan to protect Oman
The government of Oman has approved 39 projects worth around US$ 177 million to modernise roads and water utility infrastructure across the country, according to a news report. The utilit . . . more
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ADB road loan for China
The Asian Development Bank (ADB) is to loan China US$ 200 million in an effort to help foster sustainable economic development and promote trade in the poorer inland areas of Sichuan provinc . . . more
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Bridge to link Denmark and Germany
Denmark and Germany have signed a Memorandum of Understanding that will see construction of a new € 4.2 billion bridge linking the two countries across the Baltic Sea. Known as the Fehmar . . . more
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Australia imports the Panda
A new Australian-designed 20 tonne capacity pick and carry crane will be launched during the country’s annual industry conference in September. Known as the Panda Crane, the new articulat . . . more
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MCG Indian acquisition
The Manitowoc Company has acquired Shirke Construction Equipments Pvt in India for an undisclosed sum. Headquartered in Pune, Shirke manufactures Potain tower cranes under licence and dis . . . more
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Spring efficiency for AB Kranlyft
AB Kranlyft, the European distributor of Maeda mini cranes, will purchase the whole share capital of Sweden’s largest independent supplier of road springs for trucks and buses, Molnlycke Bil . . . more
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Cargotec figures reflect expansion
Orders are up but operating profit is down for Finnish cargo handling company Cargotec, following a series of acquisitions this year. Results for the first six months of 2007 show orders . . . more
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HMF reaches British landmark
Danish hydraulic loader crane manufacturer HMF is celebrating 20 years of trading in the UK. HMF (UK) established its Peterborough base in 1987 since when the operation has changed beyond . . . more
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Lift-It updates website
Lift-It Manufacturing Co. has expanded its website www.lift-it.com to provide more on its line of slings, tiedowns, nets, dynamometers, fall prevention equipment, hoists, material handling a . . . more
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Algeco and Williams Scotsman merger
The world’s two biggest portable accommodation and space rental companies, Europe’s Algeco and Williams Scotsman in the US, are to merge. Algeco’s owner, Ristretto, has offered US$2,2 billio . . . more
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Sale of United Rentals
United Rentals signed on 23 July a definitive agreement for its sale for $6.6 billion (€4,8 billion). The buyer is Cerberus Capital Management, a private investment firm in New York City. . . . more
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One Call orders 300 Takeuchis
One Call Hire in the UK has ordered over 300 Takeuchi excavators in the 1,8 t to 8,0 t range to be delivered over the next 12 months. Enfield-based On Call Hire has been a Takeuchi custom . . . more
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Sales boom at Haulotte
Haulotte Group announced record first-half 2007 sales of €310 million, up 31% from last year’s equivalent period. Operations in Europe generated about 90% of revenues. Sales of equipment . . . more
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Pienemann buys big Bronto
Access rental specialist Peinemann Hoogwerksystemen in Hoogvliet, The Netherlands has ordered a Skylift S61XDT from Bronto Skylift in Finland. The purchase significantly expands its capabili . . . more
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Genie supports technician training
Two Genie aerial work platforms are helping aspiring equipment service technicians in Wisconsin, US learn their trade. Genie donated an electrically powered Z-30/20N articulating boom an . . . more
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Klimer completes big atrium project
Canada’s Klimer Manufacturing has successfully completed a challenging atrium mast climber installation on the new Marriott Hotel in Grand Rapids, Michigan, US. The glaziers, Antamex Inte . . . more
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UR orders 80 UpRight units
UpRight announced that United Rentals has purchased a fleet of its TM12 model, a mast lift that provides 18 feet of work height and a 500 pound capacity. The 80 units will be deployed at Uni . . . more
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Going strong at 50
Terex Fuchs, who manufactures loading machines for recycling, scrap and forestry applications, celebrated 50 years of manufacturing at its Mingolsheim, Germany, facility with an open day on . . . more
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Atlantic City Casino implosion
It is reported that the 21 storey former Sands Casino in Atlantic City, New Jersey, is to be demolished to make way of a US$1.5 billion 'destination casino resort project' that is scheduled . . . more
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Contaminated concrete concerns
Are UK local authorities failing when applying the Construction (Design and Management) Regulations when it comes to the disposal of asbestos contaminated concrete? David Turner, president o . . . more
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