Ritchie Bros. Auctioneers Adds Facility in EuropeRitchie Bros. Auctioneers Holds Successful Public Equipment Auctions in Poland, Germany, Spain and Turkey in One Week and Announces Construction of New Facility in Germany Ahmadiyya Muslim Jamaat Condemns Proposed Ban on Minarets in SwitzerlandLONDON, November 23 - On 29th November 2009 Switzerland will hold a referendum on a proposed 'Worrying Signs' Government's School Building Programme Could Miss 'Zero-Carbon' TargetChildren and Teachers Behaviour More Important in Greening our Schools Than Expensive Technology, Inquiry Finds CNPV Signs Long-Term Strategic Partnership with STAND-BY Europe, a Czech CompanyDONGYING, China, November 19 - CNPV today announced that it has entered into a long-term strategic Eng. Jaber Ali R. Al-Mohannadi to Chair Bridges Middle East 2009ABU DHABI, UAE, November 17 - Over two hundred regional and global industry experts are expected to IKEA Selects Aconex for Refurbishment of Flagship London StoreLONDON, November 17 - Aconex, the world's largest provider of project collaboration solutions UAE Authorities and Industry Experts Tackle Key Engineering IssuesCooperative Working and Knowledge-Sharing Necessary to Progress DUBAI, UAE, November 16 - Recent building failures in the UAE have highlighted the importance of All Eyes on the Middle East for the Facade IndustryDUBAI, UAE, November 15 - According to a new report conducted by Proleads Research House there are Changes in ARCADIS Executive and Supervisory BoardAMSTERDAM, November 13 - ARCADIS (EURONEXT: ARCAD), the international design, consulting, Sales for the First Nine Months of 2009: EUR23.2 Billion (-3%) EUR23.4 Billion (-3%) Excluding the Sale of FinagestionPARIS, November 12 - 1. Sales Abu Dhabi to Have Unified Building Codes in Early 2010ABU DHABI, UAE, November 12 - Outside banking and economics, regulators Frost & Sullivan Recognises ESAB as Best Partner for Welding and Cutting Systems in Energy GenerationLONDON - The ‘2009 Global Best Partners Welding & Cutting Systems for Energy Generation Award,’ is presented to ESAB, which has emerged as the leading manufacturer of welding and cutting systems for energy generation industries including power, LNG tanks, offshore and pipelines industries, in Europe and rising strongly to be a leader in the global market as well. In 2009, it accounted for nearly 18 per cent of the global welding and cutting market for energy generation. Mueller Industries, Inc. Declares Cash Dividend for Fourth QuarterMEMPHIS, Tennessee - Mueller Industries, Inc. (NYSE: MLI), announced today that its Board of Directors has declared a regular quarterly dividend of 10 cents per share on its common stock. The dividend will be payable December 15, 2009, to shareholders of record on December 1, 2009. ICC Evaluation Service and Underwriters Laboratories, Globally Recognized Leaders in Product Evaluation and Certification, Introduce Dual PMG Listing ProgramNORTHBROOK, Illinois - ICC Evaluation Service, Inc.(R) (ICC-ES(R)) and Underwriters Laboratories (UL) have established a Dual PMG Listing Program for plumbing, mechanical, and fuel gas (PMG) products. The purpose of the program is to provide code officials and construction professionals with a reliable means to verify that PMG products comply with applicable codes and standards. Mohawk Industries, Inc. Announces Third Quarter EarningsCALHOUN, Georgia - Mohawk Industries, Inc. (NYSE: MHK) today announced 2009 third quarter net earnings of US$34 million and diluted earnings per share (EPS) of US$0.50 which included a restructuring charge of approximately US$16 million, primarily related to our distribution and manufacturing infrastructure. Excluding the restructuring charge, net earnings and EPS would be US$44 million and US$0.64 per share, respectively. In the third quarter of 2008, the net loss was US$1,485 million and loss per share was US$21.70. Excluding the 2008 third quarter charges, net earnings and EPS would have been US$84 million and US$1.23 per share, respectively. Net sales for the 2009 third quarter were US$1,383 million, a decrease of 22% (21% with a constant exchange rate) from 2008. Continued cost control, reduced capital spending and lower working capital enabled generation of free cash flow of US$128 million for the quarter. Otis’ Energy-Efficient Elevators Selected for Longtan City Industry ZoneFARMINGTON, Connecticut - Otis Elevator Company was awarded a contract to supply and install 334 energy-efficient Gen2(R) elevators for the Longtan City Industry Zone in Chengdu, China. Otis, a unit of United Technologies Corp. (NYSE: UTX), is the largest elevator supplier for the 32-million-square-foot (3-million-square-meter) development. The site, being developed by the Chengdu Yudu Industry Limited Corporation, will feature environmentally-friendly industries, companies and residential housing. Protective Equipment Suppliers Can Expect Growth in Emerging African Markets, Finds Frost & SullivanCAPE TOWN, South Africa - Managing product cost fluctuations, competition from low-cost imports and increased labour costs are common challenges for all suppliers of consumable products in South Africa. For many protective equipment suppliers, however, these challenges are outweighed by sustained activity in the construction and mining industries. With the Chinese Real Estate Market Reshuffling, Li Ka Shing Intends to Purchase New SharesBEIJING - On Oct. 21, there was news from the Hong Kong capital market that Evergrande Real Estate Group (Evergrande), a large Chinese real estate company that recently went public with a share offering, has attracted active subscription in the amount of several hundred million US Dollars by Chinese millionaires, including Zheng Yutong, Luanxiong and Li Ka Shing who had not invested in new shares for a long time. According to the Sales Rankings of Chinese Real Estate Companies for Q3 2009 released on October 9th by CRIC (China) Information Technology Co., Ltd, in cooperation with China Real Estate Appraisal and Shanghai E-house R&D Institute, Evergrande ranks number one in five listings, including in floor space sold for the first three quarters, sales revenues and land reserves at the end of Q3. Sina Leju, the first media source to announce the release of the sales rankings, reports more information concerning Evergrande, part of which is as follows. Revlok Mezzanine Flooring Gives Youth Training a Boost!Revlok Mezzanine Flooring - - Yale College in Wrexham Installs a new Mezzanine Floor as Part of a Major Investment in its Construction Industry Trainees ARCADIS Third Quarter 2009 Results Available Live via WebcastAMSTERDAM - - Scheduled for Wednesday 11 November, 2009 10:00 AM (Eastern Time) 16:00 (CET) Foreign Capital Influx Accelerates Chinese Real Estate Market Growth, Li Ka-shing Shows InterestBEIJING - According to the “Sales Rankings of Chinese Real Estate Companies for Q3 2009″ report released October 9, the results achieved by Chinese real estate firms are altering the competitive landscape and forcing the industry leaders to seek new approaches, in a move for survival, with focus on proper capitalization of their efforts. New industry leader, Evergrande Real Estate Group, has recently attracted the attention of China’s richest man Li Ka-shing who has agreed to invest. Sina Leju was the first media source to announce the release of this report, part of which is as follows: CNPV Earns Project Approval for 10MWp Grid Connected Power Plant From Shandong Development & Reform CommissionDONGYING, China - CNPV today announced that CNPV has received an official approval in response to the company’s application to design and build a 10MWp grid-connected power plant in Dongying City from the Shandong Development & Reform Commission. CNPV Signs Long Term Strategic Partnership with SET GmbH a German CompanyDONGYING, China - CNPV today announced that it has entered into a long term strategic sales agreement with SET GmbH, a well known German Project development and distribution company. The agreement was signed in conjunction with the recent 24th EUPVSEC Hamburg Conference and Exhibition, held September 21-25. Piling and Foundation Contractors and Consultants Witness Increase in WorkDUBAI, EAU - - Huge Increase in Saudi Infrastructure Investment is Driving Growth in Construction Sector SOM Wins Beijing CBD CompetitionBEIJING - - With Photo The Chicago and China offices of Skidmore, Owings and Merrill (SOM) were named the winner of an international design competition to expand the Beijing Central Business District (CBD). The competition was sponsored by the Chaoyang District Government and the Beijing CBD Administration Committee. Seven teams of the world’s leading urban planners, urban designers and architects were invited to participate. Philip Enquist, FAIA, Partner-in-Charge of Urban Design and Planning for SOM led this effort. Ballast Nedam to buy Back its own SharesNIEUWEGEIN, The Netherlands - Ballast Nedam N.V. announces that it has decided to buy a maximum of 100,000 depositary share receipts of Ballast Nedam N.V. to cover current management options obligations. Ballast Nedam Trading Update - Third Quarter 2009NIEUWEGEIN, The Netherlands - - Slight Fall in Order Book - to EUR 1.8 Billion - 2009 Forecast Under Greater Pressure: Operating Result of Approximately EUR 15 Million to EUR 20 Million ASR, LTD. Announces Completion of Europe’s First Multi-Purpose ReefVENICE BEACH, California and RAGLAN, New Zealand - - The New Reef is the First in the Northern Hemisphere to Revitalize a Seaside Community, Provide Coastal Protection and Foster Marine Habitat Mueller Industries, Inc. Reports Third Quarter ResultsMEMPHIS, Tennessee - Quarterly and Year-to-Date Earnings Harvey L. Karp, Chairman of Mueller Industries, Inc. (NYSE: MLI), today announced the Company’s results for the third quarter of 2009. For the three months ended September 26, 2009, net income was US$18.7 million, or 50 cents per diluted share, on net sales of US$419.9 million. For the third quarter of 2008, the Company posted net income of US$18.7 million, or 50 cents per diluted share, on net sales of US$665.5 million. Chinese Real Estate Giant Emerges Through Effective StrategiesBEIJING - CRIC (China) Information Technology Co., Ltd., China’s largest integrated information services provider for the real estate sector, in cooperation with China Real Estate Appraisal, released the “Sales Rankings of Chinese Real Estate Companies for Q3 2009″ on Oct 9. Evergrande Real Estate, the “dark horse” of the Chinese real estate sector, won five titles in the report. According to insiders, strong results demonstrated the property developer’s strategy record over the last decade or so. Meanwhile, the Chinese real estate sector enters a strategy competition age. Sina Leju was the first media source to announce the release of this report, part of which is as follows. Strong Risk Management Becomes Core Competitive Power, as Chinese Real Estate Sector Faces Re-shuffleBEIJING - The “Sales Rankings of Chinese Real Estate Companies for Q3 2009″ report released by CRIC (China) Information Technology Co., Ltd. revealed many new changes. However, the management models adopted by real estate companies may be the most core evaluation indicator behind the report. Sina Leju was the first media source to announce the release of this report, part of which is as follows. Otis Wins Contract For Landmark Development in SeoulFARMINGTON, Connecticut - Otis Elevator Company was awarded a contract from AIG Korean Real Estate Development YH to provide 125 elevators, escalators and moving walkways for International Finance Centre (IFC) Seoul in Korea. Otis is a unit of United Technologies Corp. (NYSE: UTX). Gypsum and Anhydrite: Global Industry Markets and Outlook (10th Edition, 2009)LONDON - - Synthetic Gypsum to Continue to Take Market Share From Natural Gypsum - New Report From Roskill Analyses Worldwide Gypsum and Anhydrite Supply and Demand Follow-up Supply to Determine Growth Potential for Chinese Real Estate CompaniesBEIJING - The “Sales Rankings of Chinese Real Estate Companies for Q3 2009″ report released on October 9 by CRIC (China) Information Technology Co., Ltd. in cooperation with the China Real Estate Appraisal and Shanghai E-house R&D Institute shows that both the “No.1″ Chinese real estate company in terms of Q3 sales and the “No.1″ Chinese real estate company in terms of other results for the quarter have changed. Privately owned Chinese developers, best represented by Evergrande Real Estate Group, are posing challenges for their traditionally advantageous public rivals by rapidly expanding their market share while the “traditional No.1″ Chinese real estate company is faced with great challenges. Sina Leju was the first media source to announce the release of this report. New Model for Chinese Real Estate Developers: Fast-turn AroundBEIJING - Evergrande Real Estate, seeking accelerated growth, sold 4.537 million sqm of floor space during the first three quarters of this year, with sales revenue of RMB23 billion, a year-over-year increase surpassing 150 percent. During the third quarter, the developer sold 2.303 million sqm of floor space, with sales revenue reaching RMB12.33 billion. As such, the real estate player is expected to easily achieve its sales targets of 5 million sqm and RMB30 billion for 2009. Going forward, the developer plans to adopt a “scale plus brand” strategy, maintaining land reserves of around 50 million sqm at any time, accelerating construction of new houses and expanding sales, while improving quality of its products, with the goal of achieving an annual sales target of RMB50 billion by 2011. Sina Leju was the first media source to announce the release of this report, part of which is as follows. |