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Saturday, May 10, 2025

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Sumitomo Heavy Industries opens new plant in Brazil

Sumitomo Heavy Industries, a Japan-based manufacturer of industrial machinery, has opened a new plant in the city of Itu, Sao Paulo, Brazil. The plant sprawls over 447,000 square metres of land which is owned by the...

Holiday Inn Express Nashville Airport Hotel completes facelift

The Holiday Inn Express Nashville Airport Hotel in Nashville, Tennessee, has completed a multi-million dollar facelift. Work involved refurbishment of its guest rooms, public as well as outdoor spaces. The guest rooms of the facility have...

Mansell completes $16 million learning centre at University of Nottingham

UK-based Mansell Construction Services Limited has completed construction work on the £10 million ($15.7 million) Engineering and Science Learning Centre at the University of Nottingham on time and on budget. The three-storey centre, built at the...

Fascan acquires Jekko spider crane distribution business of C4 Cranes

US-based crane distributor Fascan International has acquired the Jekko spider and pick & carry crane distribution business of C4 Cranes of Brooklyn Park, Minnesota.Fascan distributes Fassi loader cranes throughout the US via a network of more than 80 dealers,...

GCC to spend $15bn on ports

GCC countries are set to spend nearly $15bn on the expansion of their ports within the next five years to meet growing business, Kuwait Financial Centre (Markaz) has said in a new study. It said many...

Irish firm chases deals amid MidEast sports expansion

An Irish-owned sports surfaces firm which boasts Manchester United and Real Madrid among its clients said on Saturday it is targeting the Middle East for growth.Support in Sport (SIS) Group Ltd has announced an initial $18m expansion into the...

Lowe Enterprises provides $51 million loan for SLS Hotel South Beach revamp

Lowe Enterprises Investors, a US-based diversified real estate firm, has provided a $51.2 million senior construction loan for the renovation and redevelopment of the historic former Ritz Plaza Hotel in Miami Beach, Florida into the SLS Hotel South Beach....

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