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Manitou is continuing to expand its presence in Asia from its regional hub based in Singapore. This year through Manitou Asia, the group has been developing a new local service platform for its regional networks. The objective is to support new markets, such as India, China or Indonesia, which are gradually adopting sophisticated handling equipment.
Haulotte third quarter financial results show continued growth but the company is wary about the market conditions in 2012.
Rental company, Lavendon Group head quartered in the UK has bought Blue Sky Access Ltd. Blue Sky designs and engineers products to improve efficiency and safety in the use of powered access equipment and has been working with Lavendon since 2008
Funds will support third phase of light rail network expansion in Greater Manchester
United Rentals reported a 178.8% rise in revenues to US$713 million for the third quarter of 2011, with net profits almost tripling to $65 million.
One of China’s biggest equipment rental companies is planning to diversify if product range beyond road building equipment with the addition of aerial platforms, portable compressors and generators next year.
Chinese manufacturer Shantui is currently in negotiations to acquire or partner with an un-named construction equipment manufacturer in eastern Europe.
Skyjack is investing in its Chinese operation and aims to establish several locations for stocking parts and machines in the near future.
Active equipment manufacturer agrees three acquisitions, a divestment and a new research project
Atlas Copco said it will continue to develop its renamed Portable Energy division.
The UK's largest provider of Christmas decoration displays has signed a three year contract with Nationwide Platforms, part of Lavendon Access Services, for the supply of powered access equipment.
Oshkosh, the parent company of JLG, has resolved the dispute over contracts with its union without work schedules being disrupted at the company.
Norwegian Competition Authority issues preliminary decisions against two contractors for asphalt price fixing
David Sugden resigns from the board of UK-based firm after just days as interim chairman.
Construction equipment manufacturer upbeat on full-year 2011 prospects and cautiously optimistic for 2012
Another weak set of results point to a flat European construction industry.
Speedy is undertaking a strategic review of its new advisory services division following disappointing results for the six months to 30 September, said Speedy in its interim statement for the period.
Mid-market deals boost construction merger and acquisition values in the UK, says Grant Thornton.
After the party of the World Cup, South Africa, the motor of the Southern African construction market, is suffering the inevitable hangover.
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