by admin | Jun 24, 2016 | Constuction & Business News
The UK construction industry saw an almost 8pc rise in contracts in May, dispelling fears of a slowdown after the European Union referendum vote. According to data from Barbour ABI, which looks at all contract activity in the sector, £6.1bn worth of new contracts was...
by admin | Jun 23, 2016 | Constuction & Business News, Manufacturer News
One of China’s top construction equipment makers looks to India for new business, as profits plummet in its own oversupplied home market. One of China’s biggest building equipment makers will invest up to $250 million on a production base in India, in a...
by admin | Jun 23, 2016 | Constuction & Business News, Energy News, Offshore News, Workforce News
Offshore engineering and construction contractor Subsea 7 has announced a second phase of global downsizing that will include the elimination of about 1,200 more jobs by early next year. According to GCaptain.com Subsea 7 cited the continued difficult business and...
by admin | Jun 22, 2016 | Constuction & Business News, Manufacturer News
Caterpillar Inc said that its global retail sales declined 12 percent for the three months ended May as a long global slowdown in the construction and mining sectors continued to weigh on the heavy equipment maker’s core markets. The report marks 42 consecutive...
by admin | Jun 22, 2016 | Constuction & Business News, Manufacturer News
German forklift truck (Linde) and robotics maker Kion has agreed to buy U.S. firm to expand into the market for automated warehouses and supply chains that have ballooned with the growth of e-commerce. Excluding certain liabilities, the purchase price will be about...
by admin | Jun 22, 2016 | Constuction & Business News, Manufacturer News
The Wacker Neuson Group is planning to open a new plant near Shanghai in China. Initially compact excavators will be produced for the local market, further products will follow. It is planned that the first compact excavator should roll off the production line at the...
