Engineering and contracting group Downer EDI has trimmed its full-year profit guidance after posting a nearly 24 per cent drop in first-half profit, with one of the few positives being increased work on oil and gas projects in Western Australia.
Southern Cross Electrical Engineering has recruited NRW Holdings chief operating officer, Graeme Dunn, to lead the company as its new managing director.
Engineering group Downer expects to achieve its 2015-16 profit guidance of $190 million despite a continuing decline in mining-related capex by customers.
NRW Holdings has had a legal win over Samsung C&T, with the Supreme Court upholding a $17 million adjudication in favour of the Perth-based contractor.
Brookfield Multiplex has taken the top spot on the HIA-Cordell top 100 list of companies operating in the engineering construction, non-residential building and apartment sectors.
Perth-based Southern Cross Electrical Engineering has been hired to finish off work at Yara International's $US800 million Burrup ammonium nitrate project in the Pilbara, after Downer walked off the job last week.
Fortescue Metals Group has set an ambitious target of having Aboriginal workers fill 20 per cent of all trades positions in its workforce, on the back of an apprenticeship program launched today.
The legal fallout from big resources and infrastructure projects continued to mount this week, when Downer terminated its contract on a $1 billion-plus ammonium nitrate plant in the Pilbara.
Downer has terminated its contract with Spanish construction company Tecnicas Reunidas on the Burrup ammonium nitrate project, joining a string of contractors to be hit by contractual disputes on big projects over the past year.
Western Australia's top 10 largest private sector employers employ more than 103,200 people between them, about 2,000 fewer than last year, according to BNiQ research.
The $54.1 million contract for the pedestrian bridge near Perth Stadium is a colourful highlight in an uncertain market. Click through to see more on our Infrastructure feature.
Troubled Perth company Macmahon Holdings has flagged an impairment of up to $125 million in its full-year financial result after losing contracts with some of its biggest clients during the past six months, including Fortescue Metals Group.
Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.
Five national businesses have been awarded contracts to continue the roll-out of the National Broadband Network, with project company nbn saying the new performance-based contracts are a marked departure from past practice.
New Zealand miner Newmont Wailhi Gold has ended its contract with Macmahon Holdings almost a year early, following a slip on one of the walls of its Martha open pit, which has delayed production.
A privately owned transport group that started operations in 1996 after winning a Transperth contract to run bus services in Midland has secured a major new contract in Singapore.
Brookfield Multiplex has strengthened its position as the state's largest construction company after being named prefered contractor for the $207 million Karratha Health Campus, adding to six major projects it currently has underway worth about $2.6 billion.
Investors haven't responded well to news that former Maca chief executive Doug Grewar has taken the helm of local mining services firm Viento Group with immediate effect.
The companies that run Melbourne's trams and the Gold Coast's privately owned light rail service are set to enter the Western Australian market after buying one of Perth's major bus operators.
Macmahon Holdings' shares have been smashed in early trading, falling by about 40 per cent after it was disclosed late on Friday that it had lost a major contract at Fortescue Metals Group's Christmas Creek mine.
Rail freight business Pacific National has awarded engineering firm Downer a $1 billion contract to provide maintenance services to 300 of the Asciano subsidiary's train fleet.
Downer EDI has won a $2 billion package of work on Adani Group's controversial Carmichael coal mine in central Queensland, involving the construction of on-site infrastructure and provision of mining services.
Three major builders have been shortlisted to construct the $100 million train station for the new Perth Stadium on the Burswood Peninsula, part of the state government's $300 million transport pla
A joint venture between Downer EDI and German train manufacturer Bombardier Transportation has secured a $40 million contract to supply maintenance services on 22 new Public Transport Authority tra
SPECIAL REPORT: International contractor Kentz and local companies Monadelphous and NRW Holdings were the big winners among civil and engineering construction contractors over the past 12 months, research by Business News has found.
SPECIAL REPORT: With new project work from the resources and government sectors slowing down, contractors will need to look harder for work opportunities.
Perth's CBD office market is still proving to be attractive to offshore investors, with the office building at 130 Stirling Street sold to a Singaporean firm for $90 million.
Downer EDI is the latest contractor to be awarded work at Hancock Prospecting's $10 billion Roy Hill iron ore project, as new reports suggest the project is close to securing its long-awaited debt financing.
Calibre Group and Seven Group Holdings have appointed new chief financial officers today, with both being former executives at engineering contractor Downer EDI.
Business News for Western Australia. Tuesday August 6. Jessica Taylor reports. RBA cuts cash rate to record low. Perth house prices fastest rising in Australia. Downer EDI records profit increase and more
