All Business & Finance Articles

Trendlines: China bright for electrics but not North America
Global sales of electric machines remain very low
Implenia-led joint venture bags $478m Swiss tunnel deal
A joint venture led by Implenia has won a CHF 430 million (US$478 million) deal to build the ‘Sisikon Tunnel’ in Switzerland
LG’s billion-dollar US battery factory pauses construction, again
LG said its US battery factory is on hold with construction underway
Balfour Beatty names new CEO for UK Construction Services
Balfour Beatty has announced a new CEO will take over UK Construction Services
Saint-Gobain acquires major construction chemicals player for $1 billion
Construction materials giant Saint-Gobain reaches a deal to buy major construction chemicals player 
French contractor Eiffage harnesses Google AI tech for concrete projects
Eiffage has announced a new partnership that will see it take AI solutions from Google and apply them to the design and implementation of concrete in construction projects
Is Saudi Arabia set to become world’s largest market for construction?
Real estate consultancy group claims that by 2028 Saudi Arabia could be the world’s largest market for construction
Vanguard to hold energy transition summit for rental
Amsterdam meeting scheduled for 24 September
Sany reveals sales from electric- and hydrogen-powered machines
Chinese construction equipment manufacturer Sany has revealed the total revenue it generated from both electrically powered and hydrogen-powered machines in 2023
IRN100: survey reveals rise in revenues and CapEx
Revenues for the top 100 reach €73 billion for 2023
International Rental News: the IRN100 issue
June’s IRN issue includes the much-anticipated IRN100 survey
Drug-maker Novo Nordisk to spend $4.1bn on construction of US Wegovy facility
Danish drug-maker Novo Nordisk is to spend $4.1 billion to build a new US facility to fill injection pens for its popular weight-loss treatment Wegovy
Ray O’Rourke to step down as Laing O’Rourke’s chief executive
Ray O’Rourke is to step down as chief executive of UK-based construction company Laing O’Rourke after five decades at the helm
KB Home revenues dip but defeat expectations in Q2 report
KB Home released its second quarter results
Trendlines: Prolonged trough for China may be felt far and wide
Chinese equipment industry is in midst of another painful, prolonged trough but implications could be felt much further
Interview: New markets and new equipment for Hidromek
The two driving forces behind Türkiye-based OEM Hidromek, Ahmet Bozkurt and Engin Barutcuoglu, talk to Andy Brown about new products and markets
Yanmar achieves record high 2023 revenue, income
Revenue rose 5.8% and ordinary income was up 30.1% over the previous year
Can Monster Trucks help JCB make headway in North America?
JCB is using this sports league to market to North America customers
Balfour Beatty secures £192 million contract to construct three new substations in Scotland
The contract will see Balfour Beatty design and build the three new 275kV substations in Craig Murrail, An Suidhe, and Crarae
Hexagon acquires Voyansi to enhance its BIM solutions portfolio
Voyansi’s services are used to digitise various asset types
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