by admin | Nov 14, 2016 | Constuction & Business News, Equipment Rental News
Market weakness and poor utilization of cranes weighed down results for Tat Hong Holdings in its second quarter. It sank into the red, chalking up a net loss of S$5.4 million, from a net profit of S$4.4 million in the previous year, the group said in a Singapore...
by admin | Nov 10, 2016 | Constuction & Business News, Manufacturer News, Workforce News
WAUKESHA, WI – The Terex Corporation is expected to lay off 92 employees by February. According to a Wisconsin Department of Workforce Development mass layoff notice submitted by the company, 59 employees will lose their jobs on January 6, and 33 more in...
by admin | Nov 9, 2016 | Constuction & Business News, Workforce News
Erickson (f/k/a Erickson Air-Crane) and six affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of Texas, lead case number 16-34393. The Company, which provides aviation services to commercial and governmental...
by admin | Nov 9, 2016 | Constuction & Business News
The UK’s largest bridge project battles fierce weather conditions. Observant commuters on Scotland’s Forth Road Bridge may this month notice a third deck closure taking place on the main balanced-cantilever spans of the new Queensferry Crossing just upriver. And, as...
by admin | Nov 9, 2016 | Constuction & Business News, Manufacturer News
Staffordshire, UK digger maker JCB has scooped up a £35 million order for 1,200 of its machines, bought by the UK’s biggest plant hire firm. The contract from A-Plant – which bought 1,500 JCB machines worth £50 million last year – will mean a busy time for the...
by admin | Nov 8, 2016 | Constuction & Business News, Equipment Rental News
International Cranes and Specialized Transport has released the 2016 IC global Tower Index with Morrow maintaining the third position overall. Morrow Equipment Company, LLC reported a total fleet capacity of 221,498 tonne-meters, third behind NFT, based in UAE, and...
