All South America Articles

Chile’s equipment market worth US$1 billion
A bounce-back from the Covid pandemic and sharply rising global commodity prices saw the Chilean equipment market double in size in 2021
G7 leaders reveal US$600bn infrastructure plan
Partnership for Global Infrastructure has been viewed as an alternative to China’s Belt and Road Initiative 
World’s top 10 construction equipment manufacturers
World’s biggest construction equipment manufacturers revealed 
Construction of underwater research facility
Drass Group will partner with Proteus Ocean Group on underwater research facility project
Finning positioned for ongoing supply constraints
Group confirms Q1 2022 revenue up 22% from previous corresponding quarter
Rising prices of materials to slow Brazil’s construction growth
Country’s infrastructure construction segment saw growth of over 10% in 2021 but rising costs and lack of materials to slow growth 
Sonosuke Ishii leads Hitachi’s expansion in North America, Latin America
Ishii steps into the role of chairman of Hitachi Construction Machinery Americas Inc. 
North America strong for Caterpillar
First quarter saw high revenue growth in North American construction and resource industries
Tech company secures €11m metro contract
Technology firm to work on Santiago Metro in Chile
Falling sales in China impacts Volvo CE’s Q1 results
Sales drop in China but rise in the rest of the world – with one region up by 62%
Strong growth predicted for Latin American construction
Latin American construction output could hit US$545 billion in 2022
Record construction equipment sales in 2021
Global construction equipment sales grew 10% last year with demand expected to remain high in 2022
Hitachi-Deere joint venture officially dissolved
Deere acquires three former Hitachi-Deere factories as OEMs set to compete in same markets
Argentina joins China’s Belt and Road Initiative
Argentina and China to work together on Belt and Road Initiative
Volvo launches EC550E excavator with Tier 3 engine
New 50-tonne EC550E crawler excavator offers up to a 22% improvement in fuel efficiency
Hitachi sells controlling share of construction equipment business
Japanese trading company Itochu and private equity firm Japan International Partners together now own 26% of Hitachi Construction Machinery
Santiago metro contract for Wood
The latest expansion will aim to reduce overcrowding and extend lines to outer city areas
Contracts of US$1.1 billion for Saipem
Australia and Guyana offshore contracts total US$1.1 billion for Saipem
Chile tunnel project for Robbins Crossover
XRE TBM holes through tunnel in Andes Mountains of Chile for Hydroelectric project
Vinci completes €4.9bn ACS energy acquisition
Sale sees French construction giant taking over many of Spanish firm’s renewables interests
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