Archive for the 'Contruction News' CategoryUnited Rentals to Be SoldTuesday, July 24th, 2007United Rentals, Inc. today announced that it has signed a definitive merger agreement to be acquired by affiliates of Cerberus Capital Management, L.P., in a transaction valued at approximately $6.6 billion, including the assumption of approximately $2.6 billion in debt obligations. Washington Group Expects $25 Million Charge for Late CompletionWednesday, July 18th, 2007Washington Group International announced today that it expects to record a pre-tax charge of approximately $25 million (approximately $15 million after tax, or $0.48 per diluted share) in its second quarter ended June 29, 2007, related to a joint venture fixed-price highway-construction project in Southern California. Ritchie Bros. Breaks Internet Sales Record at Fort Worth AuctionWednesday, July 18th, 2007Willbros Lands Two Contracts Worth $400 MillionWednesday, July 18th, 2007Houston—Willbros Group, Inc. announced today that both its Engineering and Construction units have been awarded new projects for work in the United States and Canada. Oregon Legislature OKs Bill to Clean Up Diesel EnginesTuesday, July 17th, 2007SALEM, OR – The Oregon Legislature approved a bill intended to clean up old diesel engines in the state. It now moves to Gov. Ted Kulongoski’s office, according to Landline Magazine |
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