All Business & Finance Articles

Coates Hire launches 150t capacity structural prop
Lightweight, heavy-duty prop is the fruit of a research project with Monash University in Australia
FIEC survey shows low BIM utilisation
BIM-SPEED survey finds 37.3% of firms have no experience with BIM projects and 33.9% do not have a digitalisation strategy
Construction’s top ten OEMs revealed
Latest Yellow Table reveals top 50 OEMS saw sales of US$191.5 billion in 2020
Doosan Bobcat to invest $70 million in Statesville
Adding jobs and expanding manufacturing capacity for Bobcat machinery
Sandvik to acquire Kwatani
Addition of South Africa-based feeder and screener manufacturer will strengthen Sandvik’s presence in Africa
Sales for world’s top construction OEMs surprisingly strong
Latest Yellow Table to reveal that sales for world’s top 50 OEMs declined in 2020 by just 5.5%, less than feared
UK construction making strong recovery
Survey by IHS Markit shows construction industry is growing at its fastest rate for over six years
‘Satisfactory’ first quarter for BAM
Construction group Royal BAM reports revenues of €1.65 billion and growing confidence in 2021
Contractor L&T to supply oxygen to Indian hospitals
Larsen & Toubro will deliver 22 oxygen generators to hospitals in India in response to the country’s Covid-19 crisis
Eagle Platforms adds 30 Haulotte telehandlers
UK rental firm expands fleet with the HTL 4014 and HTL 4017 telehandlers from Haulotte’s high lift range
Construction in Eastern Europe to grow 3.6% in 2021
As the threat from Covid-19 recedes, a recovery in the industry is expected in second semester
Record high for Epiroc in Q1
Manufacturer’s orders hit US$1.28 billion in the first quarter of 2021
Cargotec orders up, sales down
First quarter 2021 financial results for Cargotec saw orders up 43 % and sales down 15 %
Positive first quarter for Terex
First quarter 2021 sales increased by 3.7% at Terex Corp, while income from operations saw a steep rise 
Strong start to 2021 for Caterpillar
Caterpillar reports 12% rise in revenues for the first quarter of 2021
Comment: OEM perspective on rental’s digital transformation
Patrick Stellwag, Strategic Account Manager at Ammann, gives his views on how digital technology is driving  change in the equipment rental industry.
Manitou revenue rises 12%
The first quarter 2021 revenue increase was accompanied by record orders 
Finance: Steadying the financial ship
March saw a slowing of growth across the CE indexes, but generally positive movement, nonetheless
The role of rental in sustainability
The European Rental Association held an online sustainability event on 31 March. This is an edited version of the round-table discussion, moderated by IRN’s Murray Pollok.
Used equipment: what are the key trends?
The used and re-conditioned machinery market is experiencing solid demand due to factors including Covid-19 and the rise of online auctions. Belinda Smart reports.
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