Finance & Funding

US$32.45 billion of infrastructure improvements are scheduled in Brazil and companies are looking to capitalise on this JCB’s new US$100 million factory in Brazil has been officially opened as the company strengthens its position in rapidly-expanding Latin American markets. At full capacity, the new plant will have the capability to produce 10,000 machines a year, and it replaces two smaller plants in Sorocaba, São Paulo State, the first of which JCB opened in 2001 to produce backhoe loaders, and the second

Sandvik Construction has appointed Pilot Crushtec as its new distributor for the mobile crushing and screening product range throughout southern Africa. Pilot Crushtec will supply a comprehensive range of Sandvik mobile equipment and a full aftermarket care, spare parts and dedicated customer service. Pilot Crushtec has offices, workshops, and service engineers throughout the area. “We are sure that the combination of Sandvik equipment and global aftermarket support, together with the local knowledge and in

The UK-based site is one of the major production facilities for construction and mining equipment in the Komatsu group. For the celebrations, Peter Howe, KUK managing director and chairman of Komatsu Europe International, welcomed Tetsuji Ohashi and a delegation of other senior executives from Komatsu Ltd, the company’s global HQ in Tokyo, Japan. Established in 1985 in Gateshead, near Newcastle, North East England, KUK was officially opened by His Royal Highness the Prince of Wales in 1987. Over the last qu

Hitachi Construction Machinery (Europe) NV (HCME) has appointed Repa SIA as its new dealer for customers in Latvia. Repa, who replace Laadur OU, was established in 1991 as a dealer for used construction equipment. The head office is located in Riga and includes a 280m² office and 600m² workshops. The company employs seven sales personnel, ten technicians and six administrative staff. A subsidiary of the MONO Group, one of the largest enterprises in Latvia, and owner of companies specialising in highway engi

The Wirtgen Group is committed to expanding its presence in “increasingly important” emerging markets, according to joint group president Stefan Wirtgen. Speaking alongside his brother and co-Wirtgen Group president, Jürgen Wirtgen, at a press conference during the recent Wirtgen Mineral Technology Days 2012 event attended by over 1,400 industry professionals from more than 60 countries, Stefan Wirtgen said: “The markets in the last few years have shifted and emerging markets are playing an increasingly imp

Both LiuGong and XCMG are increasing their manufacturing operations, with a focus on Europe - Guy Woodford reports The near 4,000m² site is situated about 35km from Amsterdam and is said to have convenient access to European cities via air, sea and highway. The European headquarters will serve as the Chinese firm’s sales hub, technical support base and spare parts distribution centre for existing and potential customers. “This new office will strengthen our presence as a top construction equipment manufactu