Construction Equipment and Materials
BJ Services wins Gorgon Pipeline precommissioning contract
Western Australia company will oversee cleaning and preparation of all equipment to be used in massive construction
Case Construction Equipment wins multiple awards
Company’s innovative wheel loaders, crawler dozer and joystick-steering option all win industry accolades
China Infrastructure Construction Corporation opens in Xi’an
Expansion will bring $40m production capacity or ready-mix concrete to ‘one of the most important cities in Western China’
Top Alcoa exec steps down
Building and Construction Systems Division President David W. Schlendorf retiring after a 39-year career with company
JCB and Volvo Construction Equipment in collaboration
Companies sign framework agreement for manufacturing and engineering of skid steer and compact tracked loaders
Caterpillar’s 2010 forecast gets chilly reception
Massive Q4 reduction of new machinery inventories offsets CEO James Owens’ news of predicted gains of 10 to 25 percent in the coming year
Fourth straight quarterly loss for U.S. Steel
CEO John Surma says the nation’s largest steelmaker forecasts continued losses for the current quarter as well
Green Building Conference & Exhibition planned for April 29 and 30
The South African event will focus on the most recent changes in sustainable construction
CECE backs Euro tower crane safety campaign
Committee for European Construction Equipment on board as major tower crane manufacturers push for compliance with standardized safety measures
Toromont ups ante in Enerflex takeover bid
Enerflex board to recommend holders of trust units their units to the offer made by Canadian construction equipment supplier
Harsco Corporation continues global expansion
US-based industrial services giant acquires Bell Scaffolding Group, one of Australia’s leading infrastructure solutions providers
Caterpillar celebrates 80th anniversary of NYSE listing
Chairman and CEO Jim Owens to Ring Opening Bell. Despite its recession-related troubles, CAT has issued dividends for 305 consecutive quarters dating back to 1933
Caterpillar targets success in India
Chairman and CEO Jim Owens says the world’s largest maker of construction and mining equipment is determined to improve its standing in India as part of its long-term strategy in Asia
Holcim Ltd Q3 profits exceed predictions
Holcim, the world’s second-leading cement maker, eyes North American growth in 2010; shares up 5.6 percent
Stanley Works will acquire Black & Decker
Stanley Works and Black & Decker, two of the tool industry’s biggest names, will consolidate and become known as Stanley Black & Decker in a $4.5b stock transaction expected to close early next year.
Manitowoc Company reports 3Q losses
Though stock shares have rebounded since March, global crane maker Manitowoc Company feels the wrecking ball of the construction slowdown with a $17.7m earnings decline
Harsco Corporation reports 3Q earnings, sees return to growth in 2010
Global industrial service company Harsco’s confidence in 2010 is underpinned by its significantly reduced cost structure and the execution of a robust emerging markets strategy
Black & Decker 3Q earnings drop
However, CEO Nolan D. Archibald says ‘Black & Decker reported modestly better sales than our initial guidance, primarily due to the timing of certain promotional sales and favorable currency translation’
OCM, Inc. develops durable waterproofing system
OCM’s new product expected to build confidence in new construction projects with its Turbo-Seal P waterproofing systems that feature unprecedented integrity
Low VOC emulsion for outdoor durability developed
Celanese Emulsion Polymers introduces Mowilith® LDM 1865 VAE Emulsion technology for low volatile organic compound (VOC) exterior paints and plasters in the European market
Wolseley absorbs massive losses
Despite a reported £1.17bn loss, building supplies giant is confident of its ability to survive the economic downturn
New LED work lights deliver safety, savings, innovation
Hamsar of Burlington, ON eyes global distribution of products that employ the latest LED technology
Slowdown in rate of decline for construction costs
Turner Building Cost Index projection of a 2.03 percent decline in third quarter is welcome news
First self-healing cement, now self-healing paint
German researchers developing nano-technology that will allow healing agents repair scratches in electroplated coatings
New UK construction orders rise; June hits year low
Orders in the 12 months to June 2009 were 27 percent down on the previous year, while the orders for the quarter to June were 21 percent worse than the same quarter last year.
UK’s Heywood Williams hit hard by underperforming US arm
LaSalle Bristol’s poor showing, tied to the collapse of US housing market, will have a negative impact on Heywood Williams Group’s year-end figures
Wolseley shares jump upon boss’s departure
Building materials firm’s stock rises nearly four percent following the surprise departure of chief executive Chip Hornsby
Aggreko sees H1 profit up
Temporary power provider Aggreko expects first-half profit to rise as its international power division continues to grow, but said growth would likely slow in the second-half, sending its shares lower.
Concrete, the next generation
Dr. Victor C. Li of the University of Michigan talks about the development of self-healing Engineered Cementitious Composite flexible enough to withstand earthquakes
Suppliers the bailout forgot
One group in the construction sector is struggling to get its voice heard during this recession.
Construction Digital
investigates the impact on building merchants
U.S. Chamber Urges AG to investigate asbestos litigation fraud
Organization highlights evidence of fraud and wants Eric Holder to look at ‘Lies Upon Lies’ by plaintiff’s lawyers
Tractor maker CNH Global NV suffers first-quarter loss
Precipitous drop in sales of construction machinery contributes heavily to a $1.1b decline in overall sales
Caterpillar questions stimulus impact
Company calls President Obama's package limited, says 'China got it right'
Software partnership enhances BIM
Typically used in design and preconstruction, Building Information Modeling will now be able to be employed through full construction cycle
Think retrofit to lower greenhouse gas emissions
Mark Rosenbaum of Energysmiths says addressing efficiency needs of existing buildings will have bigger long-term impact than new construction
Report: Use of toxic Chinese drywall rampant
An investigation by America's Watchdog says use of toxic Chinese drywall stretches across the US and into Canada
US construction costs forecasted to decrease
As the recession deepens, domestic commercial construction costs continue to decline, according to the Turner Building Cost Index
Wolseley moves to strengthen its foundation
Int is plan, Wolseley unveiled a combination of a share placing and deeply discounted rights issue, both underwritten.
Mixed signals on stimulus impact
When and how much the stimulus package will aid the construction industry seems to depend on who's conducting the analysis.
Additional cuts at JCB Uttoxeter plant
JCB, a manufacturer of earth-moving equipment, will cut an additional 97 jobs at its Uttoxeter factory in Staffordshire.
Will Caterpillar benefit from stimulus package?
President Barack Obama was speaking at the Caterpillar plant today following passage of a $789 billion stimulus package.
CRH says first half of 2009 will be challenging
CRH expects to post a pre-tax profit of over 1.6 billion euros (1.53 billion pounds) in 2008 and the Irish building materials group saw challenging trading conditions in the first half of 2009.
Caterpillar announces cost cutting measures
Heavy equipment maker Caterpillar Inc said on Monday that it would cut white-collar pay by up to 50 percent and offer buyouts to some employees as it looks to cut costs during what it characterized as "uncertain times."
CRH posts 10% decline in first half
Irish building materials supplier CRH has reported that first half profit before tax fell 10 percent to €606 million.
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