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Xylem acquires Heartland Pump
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Expansive site dewatering and slurry pump manufacturer seals US$ 29 million deal for US-based rental and sales business
HSS gets new private equity owner
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Och-Ziff and Perry Capital sell UK rental firm to London-based Exponent Private Equity.
Terex to supply Takeuchi with skid steers for North America
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Takeuchi to sell Terex-produced skid steers in North America.
Icahn proposes former JLG CEO Bill Lasky to Oshkosh board
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Former JLG Industries chief executive officer and president Bill Lasky will be among the list of new directors proposed for the Oshkosh board by Carl Icahn, the billionaire investor who is trying to take control of Oshkosh.
Another fall in Europe’s construction output
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August becomes eighth consecutive month to register year-on-year declines, according to Eurostat
2014 before growth returns to Europe's rental sector says ERA
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It will be 2014 before the European equipment rental sector sees a significant return to growth with rental revenues expected to remain subdued next year, according to the European Rental Association (ERA).
Algeco Scotsman completes US$2.8bn refinancing
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Accommodation and space rental giant Algeco Scotsman has completed the US$2.8 billion refinancing of its debt and at the same time completed the integration of Ausco Modular in Australia and New Zealand.
Icahn makes another bid to buy Oshkosh
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High profile investor Carl Icahn is making another attempt to buy Oshkosh Corp – owner of JLG Industries – by offering US$32.50 per share for the company’s outstanding shares.
Instant UpRight opens access tower factory in China
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Irish scaffold tower specialist Instant UpRight will officially open its new Chinese manufacturing facility in Foshan, Guangzhou, next week with an event for dealers and customers from Asia, Middle East and Australia.
US$ 43 billion infrastructure investment for Jakarta
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Indonesia and Japan reach agreement to support 45 projects in the Indonesian capital over next eight years.
Porr CEO in takeover offer for company
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Public offer to be made by Karl-Heinz Strauss's investment company after acquiring a 44% stake in contractor
Middle East Development
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Study forecasts massive investment across the region, with 15 new projects worth US$ 8.8 billion starting this year in Saudi Arabia alone.
Bulgaria’s bumpy ride
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Country’s construction sector forecast to see ups and downs in different sectors in coming years
Gulf utilisation rates improve
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Rental utilisation rates in the Gulf region are improving and in some cases are reaching 90 to 95% according to Mr Nabil Salim, director of the region’s AAA Construction Equipment.
Wacker Neuson to build Chinese factory
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Wacker Neuson plans to establish a Chinese manufacturing facility but has not yet decided when it will build the facility.
Global growth for Xylem
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Pump manufacturer and rental company Xylem is expanding its dewatering business, the company announced at MINExpo in Las Vegas last month.
Poland’s potential €33 billion in power contracts
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Pipeline of work includes short-, medium- and long-term projects as well as a nuclear development
MOBA hits 40
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German manufacturer MOBA Mobile Automation AG clocked up 40 years of operations this month.
FG Wilson lays off 760 workers in Northern Ireland
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Caterpillar-owned generator manufacturer FG Wilson has announced 760 job losses at its four manufacturing facilities in Northern Ireland.
Aggreko reorganises divisions and management
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Aggreko has announced a new management structure dividing its business into three regional areas: the Americas; Europe, Middle East and Africa (EAMA); and Asia Pacific and Australia (APAC).
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