by admin | Apr 19, 2016 | Constuction & Business News, Manufacturer News
Global construction firm Caterpillar Inc. has opened a suite of three new innovation spaces at its Global Research & Development Center in Mossville, Illinois. The suite will help to “fuel the future, driving even greater collaboration, innovation and...
by admin | Apr 19, 2016 | Constuction & Business News, Crane & Lifting News, Energy News
Offshore engineering and infrastructure firm Vallianz International has acquired a 75 percent stake in Holmen Heavylift Offshore for a reported US$6.4 million. The deal will see Singapore-based Holmen become a subsidiary of parent company Vallianz Holdings. Holmen...
by admin | Apr 19, 2016 | Constuction & Business News, Heavy Machinery News, Manufacturer News
A Waco, TX USA company with an international reputation for its truck-mounted hydraulic lifts is marking its 50th anniversary with a major expansion. Time Manufacturing will spend $5.8 million to expand its facilities at Imperial Drive and Texas Central Parkway and...
by admin | Apr 19, 2016 | Constuction & Business News, Crane & Lifting News, Heavy Machinery News, Manufacturer News
On April 1, 2016, Kobelco Construction Machinery and Kobelco Cranes integrated their management organizations and launched Kobelco Construction Machinery as a new entity combining excavators and cranes, our two fields of specialization, and in so doing, we gained a...
by admin | Apr 19, 2016 | Constuction & Business News, Manufacturer News
Kobe Steel Ltd., the Japanese steel mill that also makes machinery, said its targeting a return to profit next year at its construction equipment unit after paring costs by cutting output. Removing excess stock in China will help boost earnings at the Kobelco...
by admin | Apr 19, 2016 | Constuction & Business News
YUQUAN, China—Just about the last thing China needs right now is another cement plant. Unused stocks have been piling up since the massively overbuilt real-estate market cratered in 2014. Demand will likely never fully recover; city skylines are dotted with cranes...
