US firm will acquire factories and intellectual property from South Korean company in dissolving joint venture to manufacture and sell its construction equipment in the Americas under the Deere brand.
Source: New feed
Month: August 2021
Deere, Hitachi End 33-Year Joint Venture on US Equipment Production in $275M Deal
Deere & Co. and Hitachi Construction Machinery announced Aug. 19 they are dissolving their multi-decade joint venture to manufacture and sell Hitachi construction equipment in the Americas under the Deere brand.
Source: New feed
Construction Economics for August 23, 2021
ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics
Source: New feed
Computer Vision Construction Management Platform Doxel Raises $40 Million From Insight, Others
Doxel uses computer vision to predict, track and monitor progress on construction sites. The startup recently raised $40 million in Series B funding.
Source: New feed
Turner & Townsend appoints Hudson Fountain to support business growth

The post Turner & Townsend appoints Hudson Fountain to support business growth appeared first on Construction Week Online.
Source: New feed
Tabreed to divest 44% stake in Qatar Cool to United Development Company for $417m

The post Tabreed to divest 44% stake in Qatar Cool to United Development Company for $417m appeared first on Construction Week Online.
Source: New feed
Drake & Scull International records net profit of $21.2m for H1 2021

The post Drake & Scull International records net profit of $21.2m for H1 2021 appeared first on Construction Week Online.
Source: New feed
Ruler of Dubai inaugurates 300MW to phase 5 of Solar Park

The post Ruler of Dubai inaugurates 300MW to phase 5 of Solar Park appeared first on Construction Week Online.
Source: New feed
Asteco reveals UAE’s real estate gradual recovery in Q2 of 2021

The post Asteco reveals UAE’s real estate gradual recovery in Q2 of 2021 appeared first on Construction Week Online.
Source: New feed
Azizi signs $6.3m contract for Riviera’s Phase 3 MEP works

The post Azizi signs $6.3m contract for Riviera’s Phase 3 MEP works appeared first on Construction Week Online.
Source: New feed