Takeuchi investment backing

Tenby Powell of Hunter Powell Investment Partners has re-invested in the Takeuchi construction equipment brand here with agency agreements for the Pacific Islands. Together with private equity partners, Powell acquired Auckland-based company Hirepool in 2003. Hirepool was bought from Owens Corporation for $43 million and sold for $172 million some 36 months later. In 2005…

Progress from Huntly Section

The HEB/Fulton Hogan JV team working at Huntly section of the Waikato Expressway had been hoping for a dry start to the earthworks season; they can be pretty happy with the weather thus far. There is a further 1.3 million cubic metres of earth to move this season, but glorious conditions prevail at the site.…

An Allis-Chalmers movie

Allis-Chalmers was a leading US manufacturer whose machines we have profiled extensively in our Classic Machines columns.  A-C construction equipment dominated global sales of tractors, scrapers and loaders for many years- its New Zealand agent was  CablePrice. This clip, entitled ‘The Challenge of Excellence’ is a promotional piece filmed on 16mm footage in the 1960s,…

The Double Act- Excavators on Sumner Road

Contractors are busy clearing debris from around the Sumner Road that runs from Lyttleton to Christchurch via Evans Pass.  The Road has been shut to traffic since the 2011 Quakes. Some ingenuity goes a long way in these circumstances.  Road crews from Button Logging have been using a 3- tonne excavator, tethered by a cable…