Press Release

The previously announced acquisition of Terex’s hauler business was today completed. The purchase consideration amounted to USD 160 M (approx. SEK 1 bn) on a cash and debt-free basis. The deal includes the main production facility in Motherwell, Scotland and two product ranges that offer both rigid and articulated haulers. …

A fleet of Volvo wheel loaders and excavators are helping Zimmermann Recycling & Transport sort and recycle 200,000 tonnes of waste every year. Germany has been at the forefront of the recycling movement and still leads the way when it comes to collecting, sorting and finding new revenue generating uses …

An extensive fleet of New Holland Construction equipment is running non-stop, 24 hours per day, to meet the stringent deadlines required by the runway resurfacing works underway at one of the most important Italian airports. Turin, 29 May 2014 Serving nearly nine million passengers each year, “Il Caravaggio” International Airport …

The 12 tonne midi short tail swing crawler excavator from Hyundai fits perfectly between the R80LC-9, 8 tonne and the R140LC-9 , 14 tonne machines. This new weight class machine is perfect for the UK market for use in urban areas where space is limited and where manoeuvrability is a …

How to become more agile in a fast changing environment? This is the core topic of this year’s CECE congress which is held from October 16 to 17 in Antwerp in Belgium. Despite good signs for 2014, the situation for the construction equipment industry in Europe remains challenging. Debt problems …

Hyundai Heavy Industries has nearly completed converting its entire range of 1.5 to16 tonne load capacity diesel forklifts to Stage IIIB engines. The new machines have an eye-catching new design with dynamic lines and all of the new products were launched at last week’s CeMAT exhibition in Hannover, Germany. Now, …

Botticino marble is but one of Italy’s outstanding resources and renowned worldwide. The La Scala Theatre in Milano, Grand Central Station in New York, the Altare della Patria in Roma, Harrods department store in London and the Galeries Lafayette in Paris, are just a few of the world’s famous landmark …

Hyundai Heavy Industries Europe has recently appointed a brand new dealer – Stig Machine based in Bålsta, Sweden. The company is exhibiting at MaskinExpo, Stockholm’s outdoor construction machinery exhibition from 22nd May – 25th May 2014 with a range of Hyundai machinery. Stig Machine claims to be one of Sweden’s …

Kingdom Tower is being built north of Jeddah in Saudi Arabia The Kingdom Tower in Saudi Arabia, which will be the world’s tallest tower at 1,008 metres, will be completed in December 2018, said Mounib Hammoud, CEO of Jeddah Economic Company, speaking at MEED’s Arabian World Construction Summit (AWCS) in Dubai. The …

Preparations are underway for a Technology Strategy Board led programme to encourage innovation in the Off Highway Sector. This is likely to lead to a multi-million pound investment in the future of the construction equipment supply chain in the UK. CEA Chief Executive, Rob Oliver, commented; “We have been working …