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SEAM Group | February 14, 2022
SEAM Group, a global leader in energized asset performance working with some of the world's largest brands, announced the strategic acquisition of Electrical Engineering & Service, Co. (EESCO) based out of Holbrook, Mass. EESCO specializes in electrical power systems, commissioning, testing, evaluation, repairs, and maintenance. EESCO is accredited by the International Electrical Testing Association (NETA), a trade association dedicated to improving electrical testing stan...
Balfour Beatty | March 11, 2020
Five years into its business transformation programme, Balfour Beatty’s numbers are looking solid and its UK Construction business is finally achieving industry standard margins. However, a planned share buyback has been delayed until the stock market calms down from its current coronavirus-induced unrest. Balfour Beatty financial results for the year to 31st December 2019 show that group pre-tax profit was up 12% to £138m on revenue up nearly 8% to £8,411m. Year-end net cash t...
The Engineer | April 09, 2020
The £20 million Industrial Decarbonisation Research and Innovation Centre has been tasked with taking the UK’s biggest industrial carbon emitter sites on a path to net zero by 2040. Professor Mercedes Maroto-Valer, head of the new Centre, says decarbonisation will require a new type of engineer, and joint efforts from industry, government and academia. Many industrial areas of the UK remain heavily reliant on carbon fuels. The six largest industrial clusters by emissions are in Humbe...
Products,Mechanical and Motion Systems,Construction
Komatsu | December 21, 2022
Komatsu today announced that it has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Gelsenkirchen, Germany. Founded in the 1960s and currently part of the German-owned Schmidt Kranz Group, GHH offers a wide range of equipment focused on loaders (LHDs) and articulated dump trucks in the mid-seam mass mining, narrow vein and low-profile market segments The company als...
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