General

Diversified mobile equipment manufacturer Terex has announced job cuts as it reported financial results for the third quarter of 2008. The results showed a US$ 2.2 million charge associated with reducing staff levels with further reductions pending. Full story here.

Volvo Construction Equipment has seen a steep decline in profit during the third quarter of 2008 despite growing sales by 2%. Third quarter revenue just topped £1bn but profit dropped to £10.8m from £67.5m in the same period last year. Volvo puts this down to higher steel prices, a £24m cost of moving the motor…Read moreRead more

The colossal cast-iron rings embedded in the eastern slurry wall at ground zero were — if such a thing can be imagined — the birthmark of the World Trade Center. They were the last visible remnant of the Hudson & Manhattan Railroad, a commuter line that New Jersey officials insisted in 1962 that the Port…Read moreRead more

It may be 15 years late but efforts to revitalise Sacramento’s K Street area back on the fast track, as crews started demolishing an abandoned building Saturday to make way for a new hotel development in the Californian city. More details here.

Brokk Inc. has introduced the Brokk 400, a new demolition robot, which is bigger in size and capacity than any other model in the Brokk range, according to the company. The Brokk 400 will be introduced to the international market at the World of Concrete in Las Vegas in February 2009, the company adds. Further…Read moreRead more

Unable ti embed it here, but there’s a nice video of the pier implosion on the College Avenue Bridge in Wisconsin here. Quite why they started filming at the three-minute warning is, however, a mystery.

Seven employees of the contractor Thompson’s of Prudhoe have been made redundant. The men, who worked in demolition, were given the news at the end of last week, after their positions were reviewed in light of the economic climate. Full story here.

Sweden’s Volvo Construction Equipment, part of Volvo Group has announced that it will cut an additional 850 jobs. The new redundancies are in addition to the 500 job cuts already announced earlier this autumn. Full details here.

The world-famous New York Times has carried details of the progress of the demolition of Shea Stadium, former home of the New York Mets baseball team. Words and photos can be found here.

More than 300 jobs have been saved at JCB after workers at its 11 plants around the UK voted to accept a deal that would see a reduction in their working week from 39 hours to 34 hours. Read the full story here.