Infrastructure

Diversified contractor Decmil Group has won $46 million worth of contracts with the Department of Defence, with work to be carried out across multiple states including Western Australia.

Perth company director Sharon Warburton has been named as the incoming chair of a soon-to-be-established federal government fund that will have $5 billion to spend on infrastructure in northern Australia.

Mining-focused private equity firm Resource Capital Funds is seeking to privatise engineering and construction contractor Ausenco by way of a scheme of arrangement.

A joint venture between Perth contractor NRW Holdings and Italian company Salini Impregilo has officially been awarded a $1.17 billion contract for the Forrestfield-Airport Rail Link project, which has an overall budget of nearly $2 billion.

The cost of the state government’s Aubin Grove train station project has increased for the second time in the past year, with the cost now revised to $120 million.

Former state treasurer Troy Buswell has been promoted to chief financial officer at civil and construction contractor Brierty, which today annunced that 14 positions have been made redundant as it seeks to shave costs.

Perth-based Braziron has announced plans to delist from the ASX and leave the resources industry through the reverse takeover of a private road safety barriers business in a deal worth $6.3 million.

Hasty protectionism of uncompetitive businesses can have a magnified impact on other companies.

A local company which usually services the offshore oil and gas sector has won a contract to supply its technology to the Columbia Power Corporation for construction work on a dam in Canada.

Construction giant CIMIC Group has reaffirmed its full-year guidance after it lifted first-quarter net profit 5 per cent.

Precast concrete manufacturer PERMAcast has recruited former Bis Industries boss Chris Berkefeld as its new chairman, following the retirement of founding director Grey Egerton-Warburton.

Shares in Brierty have tumbled on news the civil and construction contractor stands to lose $15 million on a deal with Main Roads Western Australia.

A local academic has warned that failure to privatise the operation of Fremantle Ports could have a negative effect on the competitiveness of the Western Australia’s exporting industries.

Innovative concrete manufacturer Eden Energy has received a $US25 million ($A32 million) incentive package to progress construction of a production facility in the US state of Georgia.

The state government has awarded building and construction contracts to a number of local businesses, including Perkins Builders, with the combined value of the contracts worth about $37.3 million.

The federal government's decision to inject an extra $260 million into the Perth Freight Link for construction of a road tunnel has drawn heated criticism, with the City of Fremantle saying an additional $1.4 billion was still required to address a core shortfall of the latest proposal.

Local contractor SRG has picked up another contract for work on a dam in Queensland which is owned and operated by SunWater.

Local contractor Decmil Group has won a $14 million contract for work on the state government’s New Norcia bypass along the Great Northern Highway.

Transport Minister Dean Nalder says he can't rule out insider trading by state government staff in relation to a major contract decision, but the corporate watchdog has so far not indicated any concern.

MACA is seeking an entry into the east coast civil works market by acquiring a large stake in a privately owned road asset management and maintenance services provider.

Subiaco-based SRG has won a $6.3 million contract to provide construction work on an irrigation dam in Queensland.

About 54 local jobs will be axed when RCR Tomlinson shuts down 14 operations across the country, with the company seeking to significantly reduce its exposure to the depressed coal market.

Alcoa of Australia has agreed to sell its stake in DBP, the owner and operator of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), to DUET Group for $205 million.

A planning stoush is emerging in the City of Belmont over the proposed closure of Brearley Avenue, with residents, landowners and businesses lobbying the council to reconsider its plans.

OTOC has further grown its presence on the east coast with the acquisition of a Sydney-based land surveying firm for $4 million in cash and shares.

Sydney company Brickworks is planning to introduce a revolutionary new technology to Western Australia it believes will cut the cost of manufacturing bricks by 30 per cent.

Local contractor MACA has won a $4.8 million contract to upgrade an intersection in Ascot which will pave the way for planned street closures as the $2 billion Forrestfield-Airport Rail Link gets underway.

Adelaide-based York Civil has been awarded a $32.1 million contract to build the new Charles Street bus bridge and busway for the state government.

Engineering and infrastructure group RCR Tomlinson has won a contract to provide early work on a solar farm in Queensland for Origin Energy for an undisclosed sum.

The Pacific National rail business and the Patrick container terminal business are set to come under new ownership after Asciano agreed to a $9.05 billion takeover deal that is designed to sidestep regulatory concerns.

Southern Cross Electrical Engineering has secured $10 million worth of new work, including a contract with Western Power.

Perth-based Decmil Group has won a $30.6 million contract to build a warehouse hub in Port Hedland for a subsidiary of BHP Billiton.