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Saturday
20 December 2014
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CONTRACTOR 
Chinese snap up John Holland


MARCELINO Fernandez Verdes is set to kick off 2015 with one major item crossed off his to-do list, with the long-awaited announcement that Leighton Holdings has managed to scrounge up a buyer for storied Australian engineering and construction firm John Holland Group.
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MORE CONTRACTOR

Retention scheme proposed


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CRANES & LIFTING 
A first for Roy Hill


NATIONAL hire company Preston Hire has taken delivery of the first of its new crawler cranes for use on one of Western Australia’s largest mining developments.
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MORE CRANES & LIFTING

Landmark moment for the hire industry


Terex expands Explorer range


Guard changes at CICA


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EQUIPMENT REVIEW 
Metso launches its largest secondary crusher


METSO has introduced its latest Nordberg GP7 secondary gyratory crusher to the global market, describing it as the largest of its range for mining and aggregate applications.
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INDUSTRY REPORT 
Projects – 15/12/2014


EACH week, CIN brings you the latest updates on major infrastructure projects – current and planned – across the nation. By tracking these updates, you can build your own database of substantial infrastructure projects
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MORE INDUSTRY REPORT

Contracts – 15/12/2014


Industry Report – Projects


Industry Report – Contracts


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CONSTRUCTION BIZ 
Sydney light rail contract awarded


THE contract to design, construct, operate and maintain Sydney’s CBD and South East Light Rail line has been awarded to the ALTRAC Light Rail consortium, although expected costs have blown out by $500 million to $2.1 billion.
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MORE CONSTRUCTION BIZ

Monadelphous in coal dispute


Major developments for Hobart


Work begins on NT court building


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Sydney light rail contract awarded


THE contract to design, construct, operate and maintain Sydney’s CBD and South East Light Rail line has been awarded to the ALTRAC Light Rail consortium, although expected costs have blown out by $500 million to $2.1 billion.
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Australia drags down Liebherr profit


GERMAN equipment supplier Liebherr is feeling the pinch of the economic downturn, with its overall turnover expected to be $A13.6 billion for the financial year, down 1% due to a lack of demand in the construction and mining sectors.
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Barnett announces WA’s first toll road


WESTERN Australia is expected to get its first ever toll road at a cost of $1.6 billion under a new scheme hatched by WA Premier Colin Barnett and his scandal-plagued transport minister Dean Nalder.
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   CURRENT FOCUS FEATURES

Plant Hire

A first for Roy Hill

Supplier on the case

Kennards assists rail bridge inspection

Landmark moment for the hire industry

A win for Kennards

Start-up company in demand




   TODAY'S STORIES CONTINUED


Leighton’s surprise services deal


HOCHTIEF has elected not to sell its entire Leighton Contractors Services subsidiary as was expected, but instead it has entered into a $700 million deal with US private wealth fund Apollo Global Management for a 50:50 joint venture that will bundle together both Thiess and Leighton’s services division.
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Monadelphous in coal dispute


ENGINEERING and construction firm Monadelphous has found itself embroiled in a contract dispute over the Wiggan Island Coal Export Terminal development at Gladstone in Queensland.
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Downer pins fortunes on Galilee coal


INDIA’S Adani Mining has awarded letters of intent to Australian contracting firm Downer EDI for one of the largest mining services contracts signed in Australia in years.
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Boral exits waste project


BUILDING and construction materials firm Boral has struck a $165 million sales agreement to exit its non-core Victorian landfill business to free it up to focus on its associated Deer Park quarrying business.
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Shares surge on Resource Equipment merger offer


SHARES in pump company Resource Equipment (REL) soared more than 85% after its board unanimously endorsed a proposed acquisition of the company through a cash offer by US-based Pump Services.
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Austrian buys Australian


AUSTRIAN steelmaker Voestalpine has agreed to buy the Bathurst Rail Fabrication Centre in Australia to expand its offerings Down Under.
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Boart rescue package approved


EMBATTLED multinational mining services contractor and tools supplier Boart Longyear has launched a $A103.4 million rights issue and a $24.5 million share buyback following shareholder approval of a recapitalisation plan with distressed debt firm Centerbridge Partners.
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Road packages announced


WORK worth $1 million has been completed at a black spot on the notorious Princes Highway in New South Wales, with the Commonwealth announcing that three further projects in Western Sydney will go ahead.
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New life for ancient creatures


TARONGA Zoo’s Dinosaurs in The Wild exhibit is returning to thrill visitors yet again; and an Australian-owned compressed air company is providing the compressed air delivery systems that make the awesome ancient beasts roar into life.
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Police investigating Roy Hill contamination


WESTERN Australian police are investigating a possible case of poisoning in fruit at the Roy Hill mine village.
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Major developments for Hobart


A MAJOR construction boom in Hobart is continuing to grow with the Parliament Square redevelopment finally moving into the first phase of full construction, with the state government calling on interstate contractors to bid for work.
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Leighton in trading halt


CONSTRUCTION giant Leighton Holdings is in a trading halt on the Australian Securities Exchange amid speculation it is about to sell its operations and maintenance services division for $1 billion to an American private equity firm.
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Port Burnie optimisation work begins


A $12 MILLION project to redevelop crucial rail and freight transport facilities at the Port of Burnie is set to commence within weeks.
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Sandvik teams up with Downer


SANDVIK Mining Systems has teamed up with engineering house Downer EDI to provide “high-level field service and maintenance solutions” for materials handling projects in Australia’s mining scene.
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