China-based equipment manufacturer Zoomlion Heavy Industry Science and Technology Co. has made an unsolicited offer to acquire U.S.-based Terex Corp., possibly upsetting a merger of the company with Finland-based Konecranes.
A joint venture of UAE-based Arabtec and Turkish contractor TAV has won the main contract to build the $1.1-billion new terminal building and related infrastructure at Bahrain International Airport, the country’s transport ministry said on Jan. 22.
The former head of an Idaho construction firm has been sentenced to five years in prison on charges related to false tax filings and fraud, which helped the firm to stay eligible for key federal programs and strengthen its market position, the Dept. of Justice says.
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