Investment in infrastructure is a key priority for the US. With a three-part growth strategy, business improving worldwide and improvements in order books, the Terex Group is looking to increase net sales to US$8 billion by 2013. Ron DeFeo, Terex’s chief operating officer, said the company has been seeing increased order and quotation activity across nearly all of its product categories.
Transport Infrastructure Vietnam 2012 has been organised by IQPC in partnership with the local authorities and will be held in Hanoi from 17-18 April, 2012. Further details can be found at www.transportinfrastructure-vietnam.com. A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
LiuGong is investing hard in Europe, determined to be seen as a global player whose products are “made in Europe, tested in Europe and supported in Europe.” Along with new European headquarters based in Warsaw, LiuGong is also opening up a new European production line and a new continent-wide parts distribution centre at its Dressta manufacturing centre in Stalowa Wola. Geoff Hadwick reports