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Tallest machine in Europe brought in to demolish Seaforth tower block

Tallest machine in Europe brought in to demolish Seaforth tower block

by admin | Apr 29, 2016 | Constuction & Business News, Equipment & Construction Videos, Heavy Machinery News

A giant piece of machinery has arrived in Seaforth in a bid to demolish a tower block which has stubbornly refused to fall. Montgomery House was supposed to come down on Sunday but resisted three attempts to knock it down . It means residents in a nearby exclusion...
7 arrested after over $800,000 worth of stolen equipment is recovered in Indiana

7 arrested after over $800,000 worth of stolen equipment is recovered in Indiana

by admin | Apr 29, 2016 | Constuction & Business News

SHELBY COUNTY, Ind. – Seven men were arrested after authorities say over $800,000 worth of stolen equipment was recovered in Shelby County. The stolen equipment includes nine skid-steer loaders, two backhoes, a mini excavator, multiple all-terrain vehicles, a compact...
Edmonton one of the world’s biggest centers for industrial equipment auctions

Edmonton one of the world’s biggest centers for industrial equipment auctions

by admin | Apr 29, 2016 | Constuction & Business News, Equipment & Construction Videos, Heavy Machinery News

The rows of backhoes, bulldozers, trucks and graders that stretch along kilometres of laneways make Ritchie Bros.’ massive Nisku yard look like a giant Tonka Toys parking lot. VIDEO HERE The record-setting, 10,000-plus pieces assembled for the company’s five-day sale...
Caterpillar to shutter five US plants and cut around 820 jobs

Caterpillar to shutter five US plants and cut around 820 jobs

by admin | Apr 29, 2016 | Constuction & Business News, Manufacturer News, Workforce News

Caterpillar Inc. yesterday said that it will close five plants in the US and cut around 820 jobs as one of the world’s biggest construction-equipment maker continues to cut costs due to falling demand. Last September, the Illinois-based company outlined a...
Saudi Arabia Construction Equipment Rental Market Poised to Grow at a CAGR of Over 10% During 2016-2021

Saudi Arabia Construction Equipment Rental Market Poised to Grow at a CAGR of Over 10% During 2016-2021

by admin | Apr 29, 2016 | Constuction & Business News, Heavy Machinery News

Anticipated stabilization of crude oil prices along with bullish outlook towards construction and infrastructure sectors of Saudi Arabia to drive the country’s construction equipment rental market In 2015, Saudi Arabia emerged as the largest exporter of oil,...
Improving Construction Sales Boost United States Lime & Minerals Inc.’s Earnings

Improving Construction Sales Boost United States Lime & Minerals Inc.’s Earnings

by admin | Apr 29, 2016 | Constuction & Business News, Mining News

In improving construction market, due in part to better weather conditions, provided a big boost to U.S. Lime & Minerals (NASDAQ:USLM) first-quarter results. It also helped to more than offset the continued weakness in the oil and gas market, which has not only...
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