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Business and Financial
Engineering is fun but at the end of the day you need money with which to carry out your activities.  Here we take a look at the news behind the wheeling and dealing that goes on in this industry.  Business and financial engineering news really does make the world go round.

Engineering company executives provide U.S. economic advice

 
Three National Instruments leaders offered U.S. business leaders advice about how to thrive as the country moves out of recession. The engineering-minded executives also suggested ways U.S. policymakers, economists, and financial wizards might avoid future economic disasters, in an Aug. 4 discussion.
Thursday 6 August, 2009 11:33 AM
 

Offshoring by US companies surges: survey

 
US companies are increasingly turning to offshoring their functions to achieve cost savings, and few plan to bring those jobs back to the United States, the Conference Board said Monday.

The number of US companies with a corporate offshoring strategy in place more than doubled in the past three years, according to the fifth annual report on offshoring trends, published by Duke University in collaboration with the Conference Board.
Tuesday 4 August, 2009 05:16 PM
 

Arup: Bridging the gap in infrastructure

 
Arup is a global engineering consulting firm. Outstanding solutions, innovation and value characterise its work and the company aims to provide a consistently excellent multi-disciplinary service worldwide.
Tuesday 4 August, 2009 03:15 PM
 

Danish - FLSmidth wins another alumina project in India

 
FLSmidth has received an order worth approximately 100m Danish kroner from Anrak Aluminium Ltd., India for a gas suspension calcination system. The equipment is for Anrak's 1.5 million tonnes per year alumina refinery project located 65km from the city of Visakhapatnam in the east Indian state of Andhra Pradesh.
The contract includes design, engineering, and supervision for the entire equipment package. The scope of supply comprises a gas suspension calciner, hydrate storage and reclaiming equipment, pan filters, baghouse filters, a pipe conveyor and a material handling system for two 25,000 tonne silos.
Monday 3 August, 2009 09:23 PM
 

Yurt manufacturer named powerhouse in job creation

 
When the Edward Lowe Foundation , which supports and recognizes second-stage entrepreneurs, cited 50 Colorado companies as “major powerhouses when it comes to job creation,” a yurt manufacturer and one of its customers both made the list.
Monday 3 August, 2009 01:19 PM
 

India's tech exports seen rising 4-7 pct in FY10

 
India's software and services exports are seen rising 4 to 7 percent in the year to March 2010, sharply slowing from past years' robust growth on sluggish demand for outsourcing services, an industry body said on Wednesday. Export of software and back-office outsourcing services will rise to $48 billion to $50 billion in this fiscal year, up from $46.3 billion last year, the National Association of Software and Service Companies (Nasscom) said.
Thursday 30 July, 2009 07:07 PM
 

Honda's New CEO Is Also Chief Innovator

 
As Honda Motor (HMC) announced plans in mid-July for its 2010 hybrid vehicles, the company introduced a leader with a hybrid role: Takanobu Ito, its new president and chief executive, is also Honda's director of research and development. The decision to take on multiple roles while steering the automaker through the worldwide downturn is strategic. "The direction of the business and the direction of the technology need to be aligned as early as possible [in my tenure as CEO] so that we can maximize efficiency and effectiveness," Ito told BusinessWeek.
Thursday 30 July, 2009 01:25 AM
 

Shanzhai ji: Fake phones lowdown

 
Welcome to a Shanzhai tech market in Shanghai, China. Shanzhai is the Chinese term used inside the middle kingdom for counterfeit or copied goods. The direct translation of Shanzhai (山寨) is "mountainvillage" and is used to refer to the small, low-quality factories in southern China. It's a blanket term for a range of counterfeit goods ranging from designer bags and clothing to tech gadgets, cars (even Formula One race cars) and helicopters.
Sunday 26 July, 2009 05:18 PM
 

Generic Manufacturing Giants

 
Huawei may be the best company you've never heard of, and that's a big problem for China. Founded in 1988 by a former People's Liberation Army officer with less than $4,000 in startup capital, Huawei has grown from a small importer into a growing giant—revenue rose 43 percent last year to more than $18 billion—now poised to overtake Nokia Siemens as the world's second-largest maker of telecom hardware, after Ericsson. Even a decade ago, China watchers were touting Huawei as one of the companies most likely to become China's first big global brand.
Sunday 26 July, 2009 01:13 PM
 

Lost: America's Industrial Base

 
Like the F-22?  Don’t like the F-22?  Think we need more F-22s?  Think 187 F-22s is about the right number?  Believe we need the capability the F-22 brings to the fight, or think we don’t. The U.S. Senate’s vote Tuesday of 58 -- 40 to stop F-22 production at 187 aircraft is the next to the last nail in coffin of the Air Force’s premier fighter program.  A House-Senate conference still has to agree on the final result, but it seems like a long shot that the program will be continued.
Friday 24 July, 2009 03:31 PM
 

Selection of Contracts for Engineering Works

 

Egyptian cheer for Plexus

Eskom seeks to claw back costs as Medupi price tag rises to R120bn

UAE Nuclear Energy Push May Start Gulf Contract Bonanza

Chinese firm wins Algerian rail contracts 

Panel awards contracts for drainage projects

Aldar appoints contractors to build 5,000 villas in UAE

Aecom Wins 2 Middle Eastern Contracts

U.S. Army Works to Get Prototypes to Soldiers in the Field ASAP

improvements on Timmins Area Highways Begin

 Foreign firms eye Obama rail plan 

Alaska Department of Natural Resources awards Baker in-state gas line contract

Oman Infrastructure Report Q1 2009 - Companies and Markets New Analysis

Systematic Pressures Behind US Military And Covert Action

MENA could Earn $90 Billion Annually from Desertec Solar Power Project  

Fuel Tech Announces Two FUEL CHEM® Orders; Represents Initial TIFI? Applications in the Republic of Korea

FLSmidth wins cement contracts in Uruguay

 

 

 

 

 

 

 

 

Tuesday 21 July, 2009 11:48 AM
 

Army engineers bring business to local firms

 
B-K Office Supply Inc . in Winchester has been providing cubicles and office furniture for the Army Corps of Engineers Transatlantic Program Center since it moved from Mount Weather to Frederick County in 1984.
Tuesday 14 July, 2009 10:11 AM
 

$40bn poured in to keep water flowing

 
AN unprecedented wave of investment is under way in Australia to develop new sources of water, including desalination and recycling plants, totalling an estimated $40 billion.

At this level, water experts said the level of investment was second only to that in the mining sector.

Just as the global commodity boom drove the mining sector to invest, water experts say climate change is driving investment in water projects around Australia.
Friday 10 July, 2009 11:02 PM
 

Areva’s European Wins Lift Chances in $1 Trillion Global Tussle

 
Areva SA , the largest builder of nuclear plants, is seeking to use a lead in its home European market over Toshiba Corp.’s Westinghouse Electric Co. to gain an edge in the $1.05 trillion of global contracts up for grabs.
Thursday 9 July, 2009 01:56 PM
 

Engineering Contracts Create Jobs

 

Latest worldwide engineering contracts - think outside the square for engineering work and jobs

 > Thiess's Gorgon LNG project contracts now worth $1bn

> DynCorp International shares up on U.S. Army work

> United States DoD contracts for July 8, 2009 

> Stellar awarded military contracts for projects on six bases totaling nearly $70 million

> Fencing the Kingdom: EADS Lands Huge Saudi Border Deal

> Canada to spend C$5 billion on military vehicles

> PetroSA awards contracts for October shutdown

COSL signs contracts to commission building of deep water geophysical and survey vessels

 

 

Thursday 9 July, 2009 09:28 AM
 

Jobs in Engineering, Construction, Manufacturing

 

Looking for work ?  There is a need to think outside of the square - The World is indeed a global village

Major Contracts are constantly being issued - Now is the time to know what and where the jobs are going to be

The following is a selection of contracts which have just been awarded -  

> Tecnimont Wins Borouge-3 Engineering, Design Contracts

> Costain wins £297m nuclear contract

> Maire Tecnimont wins orders worth 44 mln euros

> Samsung Engineering Wins $2.6 Billion Algerian Order

> US$9.6bn Aramco JV signs deals with contractors

> United States DoD contracts for July 7, 2009

> Xodus Group secures major engineering contract with Maersk Oil

> BRAC awards $18.5 million contract at Lackland AFB

> Three Abu Dhabi contracts for Gifford

>  Solyndra , Inc. Signs Sales Contract for $238 Million  
 

and there are plenty more coming along - most days

 

Wednesday 8 July, 2009 10:46 AM
 

Mystery owner's 281-foot floating mansion will cost more than $82m

 
With each opening and closing , like a slowly blinking eye, the giant door at Derecktor Shipyards' harbor side boatworks has provided glimpses of the progress the workers have been making the 281-foot Cakewalk V.

The name itself could be ironic or predictive for the future of the Bridgeport boatyard. If it gets good marks, it could lead to more jobs. If it's a dud, well, Derecktor might find it anything but a cakewalk when it comes to the mega yacht market.
Sunday 5 July, 2009 07:32 PM
 

Three Abu Dhabi contracts for Gifford

 
Independent engineering and environmental consultant Gifford has won three new engineering design projects in Abu Dhabi.
Sunday 5 July, 2009 01:28 PM
 

Navy jumpstarts San Diego economy with $2.8 billion

 
The phones are ringing off the hook at Captain Steve Wirsching’s office. Building contractors are calling and e-mailing him about the bonanza of construction projects slated for Camp Pendleton Marine Corps Base and Coronado Navy Base.
Friday 3 July, 2009 12:41 PM
 

Ashok Leyland to hive off design engineering unit

 
India's second largest commercial vehicle manufacturer Ashok Leyland is looking to spin off its design engineering unit Defiance Technologies into a group company, Defiance Tech Ltd, an official has said.
Friday 3 July, 2009 11:31 AM
 

Doha to re tender airport deals by July

 
MEED reported that Doha is to issue fresh tenders for the first part of the phase-3 of the USD 11 billion New Doha International Airport project by the start of July, having cancelled the original tender in March in a bid to cut costs.
Sunday 28 June, 2009 07:13 PM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson