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Monday, April 21, 2025

Business & Industry

US Steel to restart construction on $215m plant in Alabama

United States Steel  has announced the restart of construction on $215m electric arc furnace (EAF) steel making facility at its Tubular Operations in Fairfield, Alabama, located in Jefferson County. In March 2015, US Steel had initiated construction of the EAF...

Palace Capital selects Caddick Construction for Hudson Quarter project in UK

British property investment company Palace Capital, through its subsidiary Palace Capital (Developments), has selected Caddick Construction to undertake the construction of its Hudson Quarter development in York. The contract secured by Caddick Construction, part of the Yorkshire-based Caddick Group, is...

KONE MonoSpace 500 Flex launches in U.S. and Canada

KONE, a global leader in the elevator and escalator industry, introduced a renewed elevator product to the U.S. and Canadian markets. KONE MonoSpace® 500 Flex delivers a full elevator replacement for low- to mid-rise buildings. Twenty-two years ago, KONE pioneered...

Arabtec Construction awarded Expo 2020 Dubai contract

Arabtec Construction has been awarded a $49 million (AED169m) contract to complete 29,000 sqm of public spaces at Expo 2020 Dubai. The contract, which starts immediaetely, includes a 5,000 sqm water feature, restaurants, utilities and landscaping elements. Located next to Expo...

Schiphol airport signs long-term deals with three Dutch contractors

Schiphol has signed long-term contracts with BAM, Heijmans and VolkerWessels. The construction companies can carry out works at Schiphol for a maximum period of nine years with a total estimated value of €2.5 to €3.5 billion over this period....

Volvo Construction Equipment sees sales up 27% in 2018

Volvo Construction Equipment ended its strongest year ever buoyed by good demand from all major regions and all industrial segments, Supported by a fourth quarter that saw sales up 21% and deliveries increase by 24%. Volvo Construction Equipment (Volvo CE)...

Central Crane adds five-axle Liebherr

UK rental company Central Crane Hire (Hull) has taken delivery of a 200 tonne Liebherr LTM 1200-5.1 All Terrain crane. The five axle LTM 1200-5.1 comes with a seven section 72 metre main boom and a 22 metre bi-fold swingaway...

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