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CNH Signs 10 Year Deal with Hyundai for Mini-Excavators

Construction Equipment

Hyundai Heavy Industries and CNH Industrial signed a deal that will enable CNH to manufacturer mini excavators in its facilities using the intellectual property of Hyundai. The agreement will result in the next generation of Case and New Holland minis.

Deals 48
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United Rentals to Acquire NES Rentals

Construction Equipment

United Rentals will acquire NES Rentals under a definitive agreement announced this week. The deal is for approximately $965 million in cash and is expected to close early in the second quarter of 2017, subject to Hart-Scott-Rodino clearance and customary conditions.

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#98:  Good Faith Limits on Termination for Convenience

NH Construction Law

In an earlier blog ( #62 ) I discussed the implied covenant of good faith and fair dealing that limits a contracting party’s exercise of the discretion afforded to it by the parties’ contract. The painting sub signed a contract to paint a multi-apartment housing project being constructed in Somersworth for a price of $500,000.

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Icy Hot

Buisness Facilities Contributed Content

The International Maritime Organization, meanwhile, has yet to adopt an enforceable code for ships operating in polar waters; it expects to have one in place by 2017. Environmental activists already are expressing concern about the lack of specific environmental regulations in the Council’s framework for the Arctic.

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Seven Projects Land Deal of the Year Honorable Mentions

Buisness Facilities Contributed Content

But it was the workforce availability at Georgia Tech and surrounding universities that really closed the deal. Nathan Deal recently announced that the company will add 800 jobs in metro Atlanta. The expansion deal came on the heels of Gov. Georgia’s economic development team provided a $1.2 SIA will invest $140.2

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U.S. Nuclear Energy: Comeback or Meltdown?

Buisness Facilities Contributed Content

But some recent developments may have increased the odds: –Two deadlines for completion of a formal loan guarantee agreement between the U.S. government and Vogtle’s owners (Georgia Power, Oglethorpe Power, Municipal Electric Authority of GA and Dalton Utilities) have passed without the financing deal being finalized.

Georgia 52
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Top 10 Construction Companies in UAE

CivilJungle

In 2019, Property Developer Lifestyle Holidays Vacation Club also signed a deal with Al Habtoor Group to expand its portfolio in the UAE through three hotel resorts. Arabtec has a business agreement with various leading construction and glamour rate all over the globe. The massive star Burj Al Arab Hotel Dubai.