Industry News News
Aecon Group Inc. has been awarded a $248 million contract by the City of Toronto for the F.G. Gardiner Expressway Rehabilitation Project: Section 1. The project is a segment of the City of Toronto's overall F.G. Gardiner Strategic Rehabilitation Plan, which will see the rehabilitation of the entire expressway.
The new Cat GSH420 and GSH520 orange-peel grapples, replacing the GSH15B Series grapples, are designed for a wide range of applications, including handling shredded scrap, such as long structural beams and car bodies; handling rocks at construction sites; and waste at recycling and transfer stations. The performance and efficiency of the new Cat grapples help waste-handling operations, in particular, meet the challenges of increased environmental regulation, growing pressure to recycle a mix of materials, and stringent budgets.
Never Idle LLC, the contractor-to-contractor rental and sales marketplace, and VeriTread For Business have announced they are working together to ensure Never Idle's clients get the best logistics transportation option on equipment deliveries. The agreement allows Never Idle to use VeriTread For Business to arrange hassle-free transportation with trusted heavy haul operators while moving construction equipment between the owner and the renter or purchaser.
Danfoss continues to invest in innovation to enable further growth, and has today announced the agreement to acquire the Remote Control business, currently owned by the Spanish company Ikusi - a strong player in the field of telecommunication networks and wireless remote controls. The Remote Control business of Ikusi includes equipment and technologies for wireless operation and control of truck-mounted cranes, winches, off-road machines, and other applications. The acquisition reflects Danfoss' strategic focus on utilizing connectivity as a competitive advantage.
Atlas Copco Power Technique is pleased to announce that Mikael Andersson will be appointed General Manager of its North American Customer Center effective July 16, 2018. Andersson will lead the company in growing each of its core product categories – air, power and flow – within the contractor, dealer and rental segments across the U.S. and Canada.
Now that the Government of Canada has retaliated against unfair U.S. tariffs on Canadian steel and aluminum, the Canadian Coalition for Construction Steel is urging the Government to act cautiously before taking further action, including safeguards, which could severely disrupt the construction industry in Canada.
Caterpillar Inc. has announced that its board of directors has appointed Ogi Redzic as a vice president of the company. He will lead Caterpillar's Digital Enabled Solutions Division (DESD), effective July 30, 2018, and report to Group President of Customer & Dealer Support Bob De Lange. DESD is comprised of the company's data analytics group, the enterprise data hub, equipment management tools, Cat Connect technologies and customer experience portals. Caterpillar Vice President Julie Lagacy has led DESD on an interim basis; she will continue in her role as vice president of Global Information Services.
The construction machinery market in India is booming. Infrastructure and construction projects are benefiting from long-term support thanks to reforms passed by the Indian government. These are positive signs that are also reflected in the number of companies signing up for the next bauma CONEXPO INDIA. The event will take place from December 11 to 14. Due to the positive feedback from visitors and exhibitors, the trade fair will be held for the second time at the HUDA Ground in Gurgaon/Delhi.