Caterpillar posted strong second quarter 2011 profits and revenues on the back of continuing improvement in demand around the world.
Caterpillar Q2 revenues increase by 37 per cent
Construction
Manitowoc sees Q2 results rise on growing demand for cranes
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The Manitowoc Company reported sales of US$949.8mn for the second quarter of 2011, a rise of 15.9 per cent over Q2 results for 2010.
Liebherr profits in 2010 reach US$1.9 billion
The Liebherr Group benefited from the global economic recovery which saw the company return to growth in 2010. Its total turnover rose by 9.0 per cent to US$1.9 billion in 2010.
Atlas Copco increases its focus on the construction sector
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Atlas Copco Group recently created a fourth business area, Construction Technique, that will enable the company to intensify the focus on construction customers and products and to optimise the synergies between its construction-related divisions.
Saudi Arabia is the cheapest country in the region for construction
The annual International Construction Cost report by EC Harris has revealed that Saudi Arabia is the cheapest country and Bahrain is the most expensive country in the Middle East to build in.
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