An intermediary holding company, Hyundai Genuine, has been established following the purchase in August of Doosan Infracore by Hyundai Heavy Industries Group.
Innovative zero-cement concrete firm Wagners is celebrating the use of its Earth Friendly Concrete (EFC) for Wonder Reef, the world’s first buoyant dive attraction on Australia’s Gold Coast.
Hitachi is now reorganising its business in the US to reflect changes in its wheeled loader operations. The firm’s subsidiary, Hitachi Construction Machinery Loaders America, is now being renamed as Hitachi Construction Machinery Americas.
HeidelbergCement has signed an agreement to acquire 68% of shares in the Tanzanian cement producer Tanga Cement. With this step, the German building materials giant further strengthens its local business and creates significant synergies with its existing assets in Tanzania.