by admin | May 2, 2016 | Constuction & Business News, Energy News, Mining News
State regulators lowered Peabody Energy’s reclamation costs by $138 million shortly before the coal giant filed for bankruptcy protection in early April. Wyoming authorities framed the decision as a more accurate portrayal of Peabody’s cleanup bill, one that accounts...
by admin | May 1, 2016 | Constuction & Business News, Manufacturer News, Workforce News
After a loss-making start to the year, Terex is to cut 670 jobs across all segments in a bid to produce annualised cost savings of US$60m. Of the total, 40% will be realised in 2016 while specifically 7% of jobs in selling, general and administrative (SG&A)...
by admin | May 1, 2016 | Constuction & Business News, Workforce News
Research being conducted at Laurentian University in Canada will make it safer for workers to go underground, work in construction, operate heavy machinery and make office environments less stressful. The Centre for Research in Occupational Safety and Health, or...
by admin | Apr 30, 2016 | Constuction & Business News, Manufacturer News
TOKYO — Japanese companies expect slowdowns in emerging economies to continue weighing on earnings this fiscal year, releasing conservative forecasts despite signs that commodities prices may have bottomed out. Komatsu sees net profit falling 33% to 92 billion...
by admin | Apr 30, 2016 | Constuction & Business News, Workforce News
Construction company Saudi Binladin Group has laid off 50,000 staff, a newspaper reported on Friday, as pressure on the industry rises amid government spending cuts to survive an era of cheap oil. The total workforce at Binladin, one of Saudi Arabia’s biggest...
by admin | Apr 29, 2016 | Constuction & Business News, Crane & Lifting News, Equipment & Construction Videos
ZSD Vasilievsky island Bridge Construction. The rise of a mobile crane Liebherr LTM 1200-5 preformed by Mammoet’s Giant Liebherr Crawler crane....
