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Doosan Bobcat applies for IPO approval in South Korea

Doosan Bobcat applies for IPO approval in South Korea

by admin | Jul 5, 2016 | Constuction & Business News, Manufacturer News

Doosan Bobcat Inc., a unit of power and construction equipment conglomerate Doosan, has applied for preliminary approval for its initial public offering planned for this year, the country’s main bourse said Tuesday. Doosan Infracore Co. and Doosan Engine...
Chinese mining equipment manufacturer learns to innovate

Chinese mining equipment manufacturer learns to innovate

by admin | Jul 5, 2016 | Constuction & Business News, Manufacturer News, Mining News

As the international mining industry has hit increasingly hard times, Chinese heavy-duty equipment manufacturers have worked harder to find new opportunities in the globa lmarket. Dalian Huarui Heavy Industry Group, a company listed on the Shanghai Stock Exchange, is...
JCB USA GROWTH CONTINUES WITH LARGEST SHIPMENT OF CONSTRUCTION MACHINERY TO SAVANNAH PORT

JCB USA GROWTH CONTINUES WITH LARGEST SHIPMENT OF CONSTRUCTION MACHINERY TO SAVANNAH PORT

by admin | Jul 5, 2016 | Constuction & Business News, Manufacturer News, Ports & Terminals

In early 2015, JCB received what was then the company’s largest single vessel shipment of 341 construction and agricultural machines to the Georgia Ports Authority from its manufacturing facility in the United Kingdom. That record was broken when JCB’s UK facility...
Newmont Mining to Sell Indonesian Mine for $1.3 Billion

Newmont Mining to Sell Indonesian Mine for $1.3 Billion

by admin | Jul 1, 2016 | Constuction & Business News, Mining News

Gold and copper miner says selling its stake is aligned with priorities to lower debt, fund highest margin projects. The WSJ reports, the U.S. gold producer Newmont Mining Corp. said Thursday that it would sell its 48.5% economic interest in the operator of the Batu...
US construction spending fell again in May

US construction spending fell again in May

by admin | Jul 1, 2016 | Constuction & Business News, Workforce News

WASHINGTON (AP) — U.S. construction spending fell for a second month in May, with weakness hitting all areas of building. Construction spending declined 0.8 percent in May following a 2 percent tumble in April, the Commerce Department reported Friday. The April figure...
Terry Towle Sr. VP at Fluor discusses the $4 Billion 3.1 mile Tappan Zee bridge fabrication project

Terry Towle Sr. VP at Fluor discusses the $4 Billion 3.1 mile Tappan Zee bridge fabrication project

by admin | Jun 30, 2016 | Constuction & Business News, Crane & Lifting News, Equipment & Construction Videos, Workforce News

Terry Towle Sr. VP at Fluor dissusses Zee Hudson River Crossing is being designed and built by Tappan Zee Constructors, LLC (TZC), utilizing offsite fabrication. The 3.1 mile twin span cable-stayed bridge is the single largest bridge construction project in New York’s...
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