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URS, a San Francisco, US-based engineering and design company has announced plans to acquire Washington Group International, a designer and contractor based in Idaho, US. The deal will create a company with annual revenues of about US$ 8.6 billion, a backlog worth US$ 11 billion and 54000 employees, making it one of the largest construction companies in the US. The acquisition, which has been r . . . more | |||||
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 Zaha Hadid unveils OpusUK-based Zaha Hadid Architects has unveiled its designs for the Dubai-based Opus project, a US$ 466 million mixed-use commercial and retail development, for United Arab Emirates (UAE) proper . . . more |
 New chairman for LafargeBruno Lafont has replaced Bertrand Collomb as Lafarge's chairman. Mr Lafont had been CEO of the company since January 1 2006 and his appointment as chairman is in recognition of his contr . . . more |
 JXB’s first runway 70% completeConstruction of Dubai World Central International Airport's (JXB) first runway has entered the final phase. “Over 70% of JXB’s first 4.5 km CAT III runway is complete with the target mont . . . more |
| Brazil to spend US$ 5 billion on infrastructure Brazil’s overseas finance commission (Comissão de Financiamentos Externos - COFIEX) has approved a US 1.6 billion program of investment in state, municipal and federal government infrastruct . . . more |
| First rail link for Afghanistan Pakistan will start construction of the first major functioning railway line in Afghanistan, officials from the countries said in an on-line news report. It was reported by Deutsche Press . . . more |
| Construction sector set to expand India’s booming construction sector could be worth US$ 120 billion by 2010, according to the latest study by the Associated Chambers of Commerce and Industry of India (Assocham). The repo . . . more |
| ALE gets JGP Abnormal Load Engineering (ALE) in the UK has acquired specialist offshore construction industry company John Gibson Projects (JGP). Based in Middlesbrough, UK, JGP offers engineering, eq . . . more |
 Sellout show for EfferItalian knuckle boom crane manufacturer Effer sold all the cranes it had on display at its first UK exhibition last month. Effer sold all seven of its cranes on display at the SED 2007 co . . . more |
| Big rise at Tutt Bryant Revenue from Australia-based Tutt Bryant’s crane rental division was up 71.1% for the 12 months ending in March 2007 over the previous year to AU$36.1 million ($29.5 million). Earnings befor . . . more |
| Cargotec acquires in Estonia Cargo handling specialist Cargotec Corporation will acquire Balti ES, a steel structure and component manufacturer in Narva, Estonia for an undisclosed sum. Balti ES is owned by Odense St . . . more |
 All takes 14000 ManitowocsOne of North America’s largest crane and equipment rentals companies, All Erection & Crane Rental Corp, has added Manitowoc Model 14000 crawler cranes to its fleet. The company claims to . . . more |
| SED success The UK’s annual exhibition for the construction industry SED 2007 has been hailed a success by its organisers. Nearly 19,000 visitors enjoyed unbroken sunshine during the three-day show i . . . more |
 Boels gets heavy with acquisitionsNetherlands rental company Boels Vehuur has expanded into heavy construction equipment rental with the acquisition of Belgian company De Block-Lambin NB. The price was not disclosed. Loca . . . more |
| GenQuip launches hi-tech site huts GenQuip in the UK has developed a portable site accommodation unit powered by an emissions-free fuel cell, and is also introducing a portable toilet fitted with a diesel-powered incinerator . . . more |
 Terex advances site dumper rangeA 12 t dumper that expands its range, a 2 t replacement model and, for cold climates, a fully enclosed cab option for its large dumpers were announced by Terex at the UK’s SED show last week . . . more |
| RSC floats on New York exchange RSC Equipment Rental completed its initial public offering (IPO) on the New York stock exchange last week, although the agreed share price of US$22.00 was below the expected range of $23 to . . . more |
| Paylor promises a 'listening' JLG Craig Paylor, the newly appointed president of JLG Industries, promised the company would do more to listen to its customers and work to shed its sometime reputation for arrogance. Asked . . . more |
 Pagliero launches 17 mItalian manufacturer OP Pagliero launched at Bauma the 17 m working height MX170 platform for 3.5 t GVW carriers. The model’s design draws heavily on the MX200 model, using two slightly long . . . more |
| Book now for Europlatform event The programme for the first Europlatform access rental conference – taking place in Basel, Switzerland on 11 September 2007 – is now almost complete, with presentations on a diverse range of . . . more |
 HWS invests in new HQ and fleetNetherlands access specialist HWS Verhuur is investing heavily to expand its rental business, spending €3,5 million on a new headquarters/depot and a further €6 million on 200 new aerial pla . . . more |
| New attachments plant for JCB JCB is to build a new 120.000 square foot attachments factory at a cost of £7 million (US$14 million) adjacent to its World Parts Centre in Uttoxeter in Staffordshire, UK. JCB Attachment . . . more |
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