Business & Finance

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.
California transit projects and New York prison drive Tutor Perini’s Q1 revenue up 35%
Published on: 26 April, 2024
Two transit projects in California and a major new prison build in New York have contributed to a 35% year-on-year increase in Q1 revenue for US contractor Tutor Perini.
Skanska signs $612m final award for South Brooklyn Marine Terminal upgrade
Published on: 26 April, 2024
Skanska has signed a final award worth $612 million for the upgrade of the South Brooklyn Marine Terminal in Brooklyn, New York, USA.
Eyes on inventories as Caterpillar announces Q1 results
Published on: 26 April, 2024
Caterpillar announces its first quarter results on 25 April
Could a four-day week really work in the construction industry?
Published on: 26 April, 2024
For a long time, working for four days a week instead of five but with no reduction in pay sounded like an unachievable – possibly even decadent – idea in pretty much any industry.
Reconstruction of Ukraine ‘should start now’
Published on: 25 April, 2024
Rebuild Ukraine conference held at Intermat
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