Business & Finance

Deutz maintains Q1 profits despite revenue dip
Published on: 03 May, 2024
While new orders declined year over year, they were up 20% on a quarterly basis
Stantec acquires UK-based engineering design rival Hydrock
Published on: 03 May, 2024
Canadian engineering firm Stantec has bought its UK-based engineering design rival Hydrock, in a move that it said would strengthen its UK offering.
Egis buys UK-based UK-based construction cost and project management company
Published on: 03 May, 2024
Global architectural, advisory, consulting and construction engineering company Egis has acquired UK-based cost and project management consultancy Thomas & Adamson.
Better weather and higher levels of awarded projects drive Granite’s Q1 revenue up
Published on: 03 May, 2024
US-based Granite recorded a year-on-year increase in revenue in its construction operations of 18% in Q1 2024, helped by better weather and a higher level of committed and awarded projects.
Is volatile US construction job data a sign of sinking demand?
Published on: 03 May, 2024
What the numbers means for the US construction industry
UK government to share digital map technology with Canada
Published on: 02 May, 2024
The agreement sets the stage for the UK’s Geospatial Commission to share the best practices and technology utilized by NUAR with Infrastructure Ontario
Construction firm to pay $99,000 to settle sex discrimination suit
Published on: 02 May, 2024
An Ohio-based construction company has agreed to pay $99,000 to settle a claims of sex discrimination and retaliation in a lawsuit filed by the US Equal Employment Opportunity Commission (EEOC).
Law and contract: Why digital technology is leading to increased cybersecurity risks
Published on: 01 May, 2024
Pinsent Masons’ Tori Graney examines cyber risk in the construction industry
Xwatch Safety Solutions merges with Hexagon
Published on: 01 May, 2024
Merger to improve construction site safety
US construction demand still growing despite worker shortage
Published on: 01 May, 2024
US construction employment rose in 65% of 358 different metro areas between March 2023 and March 2024, as demand construction demand continued to grow despite a shortage of workers.
US contractor awarded $63m deal to build maintenance hangar for B-21 bombers
Published on: 01 May, 2024
US-based contractor and engineering firm Conti Federal Services has won a $63 million base contract to build a maintenance hangar for B-21 bombers.
Intermat hails success of new format
Published on: 30 April, 2024
Vistor numbers down 26%, but successful focus on decarbonisation
Hitachi outlines plans for direct rental in Europe
Published on: 30 April, 2024
HCME to offer rental in France, UK and the Netherlands, starting later this year
Peab’s ‘largest Norwegian contract’ to develop US$299m Bodø airport
Published on: 30 April, 2024
The company will work on Nya Bodø Airport in Norway
JLG Q1 sales ‘exceed expectations’ despite dip in Europe
Published on: 29 April, 2024
Demand in North America continues to be strong as JLG sees “continued demand drivers going forward”
Ease in supply chain lifts Manitou revenues
Published on: 29 April, 2024
Revenue rise of 3% comes despite slowing international markets 
Haulotte sales hit by slow European market
Published on: 29 April, 2024
Supply chain also identified in 20% revenue drop 
Intermat 2024 in pictures
Published on: 29 April, 2024
Energy transition on show in Paris
Saudi Arabia’s Neom secures US$2.7 billion financing to fund megaprojects
Published on: 29 April, 2024
Saudi Arabia’s special economic zone Neom has secured financing worth SAR 10 billion (US$2.7 billion) as it moves ahead with the development of megaprojects like the Line and Trojena.
10 major rental firms, OEMs and contractors join forces for new sustainability group
Published on: 26 April, 2024
Ten major players in the construction industry, including rental companies, OEMs and contractors have joined forces to create a new group dedicated to making the sector more sustainable.
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