by admin | Oct 20, 2016 | Constuction & Business News, Manufacturer News
Manitowoc Co. said Thursday that orders and backlog fell during the latest quarter as the crane-maker’s losses accelerated, leading to further cost-cutting measures including layoffs. Shares of the company slipped 8.6% to $4.35 after hours. The company added...
by admin | Oct 19, 2016 | Constuction & Business News
Near Grand Central Stadium you will notice the NYC Skyline progressively shrinking. One Vanderbilt, the goliath new office tower at Vanderbilt Ave between 42nd and 43rd Sts, began demolishing an entire city block one year ago to clear room for construction. Until the...
by admin | Oct 19, 2016 | Constuction & Business News, Manufacturer News
South Korea’s excavator makers Doosan Infracore Co. and Hyundai Heavy Industries Co. are expected to fare well until next year on the recovery of construction market in China. According to media outlet China Business News, sales of excavators in September jumped 79.6...
by admin | Oct 19, 2016 | Constuction & Business News, Manufacturer News
The hot property market in China has propelled a surge in September sales of excavators in the country, industry data showed. According to South China Morning Post, some 5,456 excavators were sold by 26 major construction machinery producers in China last month, a...
by admin | Oct 18, 2016 | Constuction & Business News, Manufacturer News
Caterpillar’s Doug Oberhelman will retire after a 41-year career with the largest maker of construction and mining equipment, leaving his replacement to finish the job of navigating a commodities slump. The 63-year-old will be replaced as chief executive officer...
by admin | Oct 18, 2016 | Constuction & Business News, Energy News, Equipment & Construction Videos
Following a six-year design and construction effort, Bechtel announced that it has completed construction of the Curtis Island LNG program with Australia Pacific LNG starting sustained production from Train 2 of its facility. Bechtel has now delivered all six...
