All General Articles

Murray & Roberts in leniency application
South African Competition Commission to consider evidence of cartel activity at a Murry & Roberts subsidiary
Hochtief loses another Board member
CFO Dr Burkhard Lohr resigns using an extraordinary termination clause linked to ACS's hostiile takeover.
US construction inflation highest since 2005
Rising cost of diesel and metallic construction products push annual input costs up +6.9% for contractors.
Further reductions in UK cartel fines
Fines imposed by UK Office of Fair Trading against six construction companies revised downwards
Intermat opens in Middle East
Intermat Middle East, the new construction equipment exhibition for the region, opened in Abu Dhabi today (Monday, March 28).
JCB’s new Brazilian factory
JCB to build $100 million factory in Brazil for excavators and backhoe loaders.
Komatsu gives earthquake/tsunami update at Conexpo
Komatsu said it hoped to resume normal production levels in mid-April following the earthquake and tsunami in Japan.
Volvo announces new CEO and US$ 100 million expansion
Volvo Construction Equipment CEO Olof Persson to take over as group president while the company plans US manufacture of loaders, excavators and haulers
KBR lawyer fined US$ 150 million
Another KBR official pleads guilty to construction contract bribery scheme in Nigeria
Aveng hit with US$ 18.7 million cartel fine
South African company settles over cartel activity in construction materials market.
South Korean construction in Libya disrupted
Major infrastructure projects in Libya impacted by wide-spread civil unrest.
KBR to pay £ 7 million bribery fine
Settlement reached with UK Serious Fraud Office over bribery of Nigerian government officials.
Lafarge halts concrete production in Egypt
No estimate yet of financial impact from temporary halt to concrete production in the wake of civil unrest.
Norwegian road builders in price fixing probe
The Norwegian Competition Authority is investigating Kolo Veidekke and NCC Roads for possible price collusion.
Euro area suffers
Construction output in the Euro area fell -6,8% year-on-year in November.
Australia flooding halts construction work
Wide-spread flooding in Queensland affects a number of Leighton’s construction and contract mining operations.
3D future for Gomaco
New, in-house department for 3D controls has been set up by US-based concrete paving company.
Insolvencies hit UK construction hardest
PwC statistics show UK construction sector was worst affected by insolvencies in 2010
Cemex in negotiations with Venezuela over nationalisation
Cemex says it is in constructive negotiations with the government of Venezuela with a view to reaching an "amicable settlement" following the expropriation of its cement businesses in the country in August 2008.
AGC sees US construction unemployment above 20%
Some 16000 jobs were lost in the US construction sector in December as stimulus projects and other temporary work was wound-down.
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