News

The Association of Equipment Manufacturers (AEM) has elected David Koppenhofer, executive director OEM Sales & Support, Cummins, to the AEM Board of Directors, and Scott Harris, vice president CASE Construction North America, CNH Industrial, has been elected to the AEM CE Sector Board.

AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers. Its officers and directors work on behalf of all member companies, giving their time and talent to prov

Heavyweight construction and earthmoving OEMs sign up for SaMoTer 2017
ABE18

CASE Construction Equipment, Hyundai, Kobelco and Komatsu are said to be the first top earthmoving and construction companies to sign up for the 30th SaMoTer, the triennial event scheduled at Veronafiere in Verona, Italy for 22-25 February 2017.

Komatsu is re-confirming attendance after it exhibition as the exhibition’s 2014 edition, while CASE Construction Equipment and Hyundai make a welcome return. Meanwhile, 2017 will

Titan Group, a leading Greek cement supplier, posted a mostly improved set of results in the first half of 2016, largely due to higher sales in the United States and Egypt.

The Group’s consolidated turnover reached €723.8 million - a 7.6% increase compared to H1 2015. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) increased by 13.5%, reaching €119.5 million. However, net profit after minority interests and the provision for taxes stood at €9.2 million compared to €24.2 million in t

HeidelbergCement, the German building materials giant, saw its Q2 2016 year-on-year operating income rise by 8% to €601 million.

The company has reported increased sales volumes in all its business lines, and Group revenue has remained stable at €3.6 billion. In Q2 2016 there was also significant improvement of free cash flow; with net HeidelbergCement debt reduced to €5.9 billion (previous year: €6.3 billion).

Looking ahead to 2016, HeidelbergCement is positive about the global economy, but notes tha

Final commissioning has been completed on a new CDE modular sand & gravel washing plant at Roke Manor quarry in county Hampshire, southern England.

The site is operated by Raymond Brown who currently have eleven locations across Hampshire, Dorset, Wiltshire, Oxfordshire and Berkshire. Roke Manor quarry is the latest addition to the group portfolio having been officially opened by Group Chairman, Ron Isaac in November 2014.

“The new site was seven years in development and planning permission was grante

The Competition and Markets Authority (CMA) has green lighted Breedon’s £336 million acquisition of Hope Construction Materials.

The competition watchdog approval for the deal follows the CMA’s announcement in April this year that it would consider in detail a remedy proposed by Breedon to resolve competition concerns arising from the proposed acquisition, instead of referring the case for an in-depth merger investigation.

Now the CMA has accepted Breedon’s offer to sell 14 ready-mixed concrete sites

Cemex, the Mexican building materials giant, increased its year-on-year consolidated net sales by 6% in Q2 2016 to US$3.7 billion. The company’s EBITDA also increased 6% during the quarter to US$771 million versus the same period in 2015.

The increase in consolidated net sales was, says Cemex, due to higher prices of the firm’s products, in local currency terms, in most of its operations, as well as higher sales volumes in Mexico, the United States, and Europe.

Fernando A. Gonzalez, Cemex’s chief exe

Turner & Townsend, the global natural resources, infrastructure and real estate professional services consultancy, has defied challenging market conditions to increase its turnover by 8% to a record £409 million (€487 million) in the year ended 30 April 2016.

The company, which employs nearly 4,300 staff across 97 offices worldwide, has now notched up six consecutive years of revenue growth. Its profit after tax of £30 million (€35.7 million) has almost tripled in five years.

The success has been achi

Trimble has reached a significant milestone with the installation of its 10,000th Loadrite L2180 loader scale. Since its release in 2009, the L2180 has become, says Trimble, the world’s most popular on-board weighing system.

In spring 2016, Gollan Recycling, a German construction and recycling company, received Trimble’s 10,000th Loadrite L2180 loader scale. Installed by local Loadrite dealer Sitech Germany, the landmark unit is confirmation of the product’s performance, reliability and alignment to cust

Dust Control Technology (DCT), a global innovator in dust and odour control, has appointed Laura Stiverson as its new president. Having served as DCT general manager for nearly five years, Stiverson’s primary responsibilities as company president will continue to revolve around new product engineering, business development and customer service. She is described by CEO Edwin Peterson as “uniquely qualified in experience and temperament to lead the firm in exploring new markets, services and equipment designs

HeidelbergCement is selling assets in Belgium to Cementir Holiding for €312 million as part of the German building materials’ giant’s acquisition of Italcementi.

The deal involving the sale of Italcementi’s Belgian subsidiary Compagnie des Ciments Belges is being handled by Heidelberg Cement subsidiary Ciments Français, with Aalborg Portland Holding, a subsidiary indirectly 100% controlled by Cementir Holding, the buying party.

The sale was committed to the European Commission in order to address comp

LafargeHolcim has signed an agreement to sell Holcim Lanka - its Sri Lanka cement business - to Siam City Cement for US$400 million. Holcim Lanka operates one integrated plant and one grinding plant and is the country’s leading cement manufacturer. The proceeds from the sale of the divestment business will be used to further reduce debt. Following the agreement earlier this month for the divestment of Lafarge India to Nirma, this is a further step for LafargeHolcim towards reaching its CHF 3.5 billion dives

LafargeHolcim has signed an agreement to sell Holcim Lanka - its Sri Lanka cement business - to Siam City Cement for US$400 million. Holcim Lanka operates one integrated plant and one grinding plant and is the country’s leading cement manufacturer. The proceeds from the sale of the divestment business will be used to further reduce debt. Following the agreement earlier this month for the divestment of Lafarge India to Nirma, this is a further step for LafargeHolcim towards reaching its CHF 3.5 billion dives