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The European construction market is heading for a slowdown in 2008, but there will still be positive growth. In this presentation, given at the official opening of the Samoter construction equipment exhibition in Verona on 5 March, Chris Sleight looks at the prospects for the indu . . . more | |||||
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| CRH makes first Indian investment CRH has agreed to buy a 50% stake in My Home Industries Limited (MHIL), a privately owned cement company headquartered in Hyderbad, India. CRH will invest € 290 million (US$ 185 million), an . . . more |
| PCA sees steep US decline The Portland Cement Association (PCA) says there will be big falls in US construction activity and cement consumption this year. It forecasts that Portland cement consumption will fall –10% . . . more |
| Bechtel has record 2007 Bechtel has reported revenues of US$ 27 billion for 2007, a +32% rise on its performance in 2006. Its order book stood at US$ 34.1 billion at the end of last year, +38% higher than 12 months . . . more |
| Massive airport expansion planned Construction of a second international airport in Beijing, China is just one of 97 new airports the country plans to construct before 2020, according to the latest civil airport development . . . more |
| World's largest reservoirs Dubai, United Arab Emirates (UAE) has started construction of what are expected to be the world's largest pre-stressed concrete reservoirs for drinking water. The move comes as the Emirat . . . more |
| Reconstruction funding announced Bolivia's central bank - Banco Central de Bolivia – is to lend US$ 600 million to the Government to help repair damage caused by heavy rains in the departamentos (departments) of Beni and Sa . . . more |
| Verticon and Lewis finalise deal Australian crane rental major, Verticon, has sealed its recently signed “strategic alliance and exclusive agency agreement” with Lewis Equipment by ordering tower cranes and hoists to a valu . . . more |
 Link-Belt 548 surprise crawlerNew from Link-Belt is the 550 US ton (500 tonne) capacity model 548 lattice boom crawler crane. The surprise launch was made on 11 March in Las Vegas, US, where the new crane was unveiled . . . more |
| Certex UK acquired Lifting equipment distributor, Certex UK, has been acquired by Axel Johnson International. Certex’s three owner-directors, who acquired Certex UK from Bridon International in 2005 in a ma . . . more |
 Gottwald first in PortugalTerminal operator Socarpor in the Port of Aveiro, Portugal, has commissioned a pair of Gottwald mobile harbour cranes. The Gottwald HMK 7408 B and HMK 170 E mobile harbour cranes will be . . . more |
| SC&RA award for Dawes Dawes Rigging & Crane Rental, Inc. in the US will be awarded the 60-Year Longevity Award by the Specialized Carriers & Rigging Association (SC&RA). The award will be presented at the SC&R . . . more |
| Sea of Solutions joins Ulstein Sea of Solutions, which designs offshore heavy lifting and other vessels for oil and gas fields, has joined the Ulstein Group. On 1 March 2008 the Netherlands-based company changed its name . . . more |
| BM Location trials broader fleet Bergerat Monnoyeur Location (BM Loc), the French Cat Rental Store business operated by Caterpillar dealer Bergerat Monnoyeur, is to expand its product offering to general contractors and bui . . . more |
| Deadline looms for Euro awards This Friday, 28 March, is the deadline for entries to the first ever European Rental Awards being organised by the European Rental Associaton (ERA) and International Rental News (IRN). Th . . . more |
 Greenmech expands carrier rangeThe UK’s GreenMech’s Multi-Task 120, introduced as a prototype at Bauma in 2007 and developed for the German market, is now available globally. Production numbers of the 4880 kg, fully-cabbe . . . more |
| Cramo buys Tapeks Noma Finland’s Cramo has agreed to buy 100% of the shares of rental company SIA Tapeks Noma in Latvia. The company is part of the Tapeks Group, a wholesaler of construction equipment and building . . . more |
| Allight shows 'global' light towers Allight Pty Ltd, the Australian lighting tower manufacturer that is part of the National Hire-Coates-Westrac group, has developed a number of lighting products for the global market. The . . . more |
 The global launch of JLG’s LiftPodJLG Industries showed a new personal lift at Conexpo, the Liftpod. It is designed in Austrailia, by a wholly owned subsidiary of JLG, to combine the portability of a ladder with the stabilit . . . more |
| Boada lifts achieve CE mark The Chinese manufactured Baoda mast climbers received their CE certification on 3 January 2008. Currently the lifts are distributed in the western US by Protex Trading Corporation; in the ea . . . more |
| Stross sells ten machines to Tec Stross, the Czech Repubulic based manufacturer of mast climbers and hoists, has sold a further ten machines to Tec Hoist Llc based in Florida, USA. Tec Hoist is a division of Imperial Crane . . . more |
| JCB invests in NA operations At this year’s ConExpo, JCB announced it will double its dealer network in North America within a three year timeframe. By 2010, the company plans to increase its American and Canadian deale . . . more |
 Snorkel distributor wins holidayContinuing its 50th anniversary celebrations, Snorkel hosted a 1950s themed party at Conexpo for customers and distributors. In a prize draw a number of Playstation 3s and iPod Touch machin . . . more |
 Remote control BobcatsUS readers who work in applications that require two or more people or who want to minimise adverse environmental impact on worksites now have the choice of using a Bobcat skid steer loader . . . more |
| Moscow demolition plans According to news reports, Moscow city authorities are planning to demolish more than 300 five storey residential buildings during 2008 as part of the Russian capital's reconstruction progra . . . more |
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