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Palfinger Q1 performance boosts confidence for full year
April 29, 2016
Crane and lifting manufacturer Palfinger Group has reported a record increase for first quarter revenue, up by 9.1% to €318.8 million (Q1 2015: €292.3 million). EBIT – earnings before interest and tax - also showed an “extraordinarily strong increase” of 28.6% from €23.5 million to €30.2 million, which is a new record as well. “This generated a marked increase in the EBIT margin, which came to 9.5%, as compared to 8% in the first quarter of the previous year.”
STRABAG sees profits grow
April 29, 2016
Construction company STRABAG has seen its financial performance improve during the 2015 financial year. The firm’s earnings before interest and taxes (EBIT) reached €341.04 million, an increase of 21% over the previous year. Double-digit growth was also achieved in net income (after minorities), with a gain of 22% to €156.29 million, while earnings/share grew from €1.25 to €1.52. These developments have compelled the management board to propose to the AGM planned for June 2016 a dividend of €0.65, which wil
Russia’s part of Europe-Western China road to cost over $11 billion
April 27, 2016
According to Russia’s Federal Centre of Project Financing, the cost of building the Russian part of the international route Europe-Western China may exceed US$11.74 billion. Its length will total 2,192km and construction will last about four years. Chinese companies are named among the most promising investors.
What Next at CONEXPO-CON/AGG and IFPE exhibition 2017 in Las Vegas
April 27, 2016
The world’s first use of 3-D printed steel in an excavator will be on show at the CONEXPO-CON/AGG and IFPE exhibition in Las Vegas next year, according to the organisers. The excavator will be designed by engineering students and constructed – in a process known as additive manufacturing – for the event 2017 at the Las Vegas Convention Center, from March 7-11, 2017.
Fluor team selected for South Carolina port access road project
April 27, 2016
A consortium led by Fluor has been selected by South Carolina’s Department of Transportation to design and build the Port Access Road Project in Charleston. The project, in one of the US’s fastest growing container ports, will provide direct access between the proposed marine container terminal to be on the former naval base and Interstate 26.
VIDEO: Foran Equipment helps Kananaskis kayakers construct course
April 27, 2016
In the Canadian Rocky Mountains, there was a window of opportunity of only several days before these excavators had to be out of the Kananaskis River ahead of nearby Barrier Dam releasing its water. The provincial Alberta Whitewater Association hired local contractor Foran Equipment to bring in their equipment in to re-work the riverbed after severe flooding in June 2013 washed out the kayaking courses. Southern parts of Alberta province suffered severe storms and massive flooding that month which devastate
Foran Equipment helps Kananaskis kayakers construct course
April 27, 2016
In the Canadian Rocky Mountains, there was a window of opportunity of only several days before these excavators had to be out of the Kananaskis River ahead of nearby Barrier Dam releasing its water. The provincial Alberta Whitewater Association hired local contractor Foran Equipment to bring in their equipment in to re-work the riverbed after severe flooding in June 2013 washed out the kayaking courses.
Solar roads such as Colas’s Wattway could be the right way
April 26, 2016
Peter Harrop, chairman of independent research and consultancy IDTechEx, considers arguments in favour of solar roads Nowadays a major trend is the move to off-grid clean energy created by “energy harvesting” to produce electricity where it is needed. This is more controllable and increasingly at lower cost than grid power or diesel gensets, cleaner, and often less subject to interruption. It is taking new forms as revealed in the IDTechEx Research report, “High Power Energy Harvesting 2016-2026”.
Solar roads such as Colas’s Wattway could be the right way
April 26, 2016
Peter Harrop, chairman of independent research and consultancy IDTechEx, considers arguments in favour of solar roads Nowadays a major trend is the move to off-grid clean energy created by “energy harvesting” to produce electricity where it is needed. This is more controllable and increasingly at lower cost than grid power or diesel gensets, cleaner, and often less subject to interruption. It is taking new forms as revealed in the IDTechEx Research report, “High Power Energy Harvesting 2016-2026”.
Wacker Neuson starts construction of R&D works in Reichertshofen
April 26, 2016
Work has started on a €10 million expansion of Wacker Neuson’s light equipment production site in the Bavarian town of Reichertshofen, near Munich, southern Germany. The result with be a new R&D centre for light equipment that is set to open early next year. A silver-spade ceremony was held on April 22, 2016, and the first employees will be moving into the four-story administration building and test hall by the end of the year.