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MTU Friedrichshafen and Guangxi Yuchai Machinery Company will set up a 50/50 joint venture to manufacture MTU diesel engines in China. MTU Friedrichshafen, a subsidiary of Rolls-Royce Power Systems, and Guangxi Yuchai Machinery (GYMCL), part of China Yuchai International Limited, will each invest €10.5 million in the joint venture. The joint venture will be based at Guangxi’s primary manufacturing facilities in Yulin City in Guangxi Province, southern China. Production is expected to start in 2017 and

Canada-based Ritchie Bros. Auctioneers has acquired the online equipment listing service Mascus International Holding for US$26.6 million in cash. The deal gives Ritchie Bros. 100% of the equity in Mascus, subject to working capital adjustments under the terms of the share purchase agreement. Mascus will continue to operate under its branding and management team. The company lists more than 360,000 items for sale and gets around 3.2 million monthly website visits across 58 countries and in 42 language

The Oklahoma Department of Transport has sent the Grand River Bridge to the bottom of the Grand River in a massive five-second controlled detonation.

The bridge, officially called the Richard D. Newkirk Bridge, was built in 1949 and named after an engineer and long-time employee of the Oklahoma DoT. Newkirk died in 1998 at the age of 80 at his cabin on Fort Gibson Lake, close to the bridge.

Newkirk began his career as a highway labourer working for 35 cents an hour. By the time he retired in 1987, he had served as Division 1 district engineer for more than 13 years.

The Chilean government reached its goal of tendering infrastructure projects worth US$1.1 billion in 2015, its first year in power, but will likely miss its 2016 target of $1.5 billion by next month. This has been unofficially confirmed by the Ministry of Public Works, which has stated that it will not be possible to announce new tenders over the coming weeks. The projects with delays include the new Rancagua-Alhue and Santiago-Marga Marga-Quillota roads, as well as the creation of a dual carriageway on the

Colombia's National Road Institute (Invias) has reported that engineering firm Enrique Davila Lozano (EDL) is carrying out the second phase of feasibility studies and designs for construction of the Conexion Pacifico-Orinoquia road. The highway will link the Valle del Cauca department with the Orinoquia region. Consortium Consorcio SMA-TEC 4 is compiling the inventory during the second phase. Conexion Pacifico-Orinoquia will pass through Meta, Vichada, Guaviare, Casanare, Tolima, and Huila. The

Interest is strong in the project to build and operate La Raza-Indios Verdes-Santa Clara road concession in Mexico. Seven firms have expressed interest in the La Raza-Indios Verdes-Santa Clara road concession. Caabsa, Constructora Garza Ponce, Ideal, Idinsa, OHL Mexico, Omega and Pinfra and are all in the running for the project at present. The winner of the tender process for the 10km route will be announced on 21st April 2016. The road will be built under the public-private partnership model and the conce