All General Articles

Holcim secures compensation from Venezuela
Government to pay US$ 650 million following 2008’s forced nationalisation.
Stewart to succeed King at Leighton
Wal King to retire after 23 years as Australian contractor’s CEO
James Hardie loses back tax battle
Federal Court of Australia says fibre cement products manufacturer will have to pay US$ 330 million bill.
Caterpillar to expand Brazilian operations
US$ 180 million investment to expand existing factory and buy new facility.
Mining and Construction president to head Metso Group
Matti Kähkönen appointed President & CEO of Metso Corporation, effective from 1 March next year.
URS agrees US$ 52.4 million settlement for I-35W bridge collapse
Company admits no guilt, but pays-out to avoid lengthy legal action.
Construction strike threat in Québec
Talks continue in a bid to avert a province-wide walkout on 30 August.
Caterpillar selects Victoria, Texas for new excavator plant
Production to start in mid-2012 as company looks to increase US excavator output.
Columbia River Crossing receives new funding
Columbia River Crossing secures US$ 42 million in federal transportation funding to complete environmental reviews and start final designs.
ADB to increase Afghanistan reconstruction funding
ADB to increase funding to Afghanistan to support essential reconstruction work and economic development.
KHL iPhone app now available for Google Android smartphones
KHL Group's i-phone app is now available for Google Android smartphones.
Hyundai breaks ground on Chinese wheeled loader factory
8000 machine capacity Taian facility to be up and running within a year.
Geo to build 9000 houses in Hidalgo
US$ 227 million development will expand Mexican house builder's presence to 17 states.
Cement industry cuts carbon footprint
CO2 per tonne of cement falls due to more efficient kilns and alternative energy sources.
Eni and Snamprogetti to pay US$ 365 million bribery fines
Another settlement with the SEC and DOJ over corruption on the construction of Nigeria’s Bonny Island LNG plant.
Caterpillar to fully acquire Chinese joint venture
Buy-out of XCMG’s minority interest is part of strategy to increase Chinese excavator manufacturing capacity by +400%.
Technip confirms US$ 338 million bribery settlement
Fines to be paid to the DOJ and SEC for Bonny Island, Nigeria corruption scandal.
Liugong hits double milestone
Liugong has held a ceremony to mark the sale of its 200000th machine and its 15000th overseas sale as well as setting out ambitious plans for future growth.
New president and CEO announced for Granite Construction
Granite Construction president and CEO William G. Dorey to retire August 31 after 42 years, James H. Roberts to succeed him as of September 1.
Volvo to build excavators in India
US$ 19.1 million investment in Bangalore factory will see excavators in production by the end of 2011.
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