Contact us | +971 4 3635663
Sponsored by   Mudabala
 
 
BETA
Loading Loading ...
Mon, 09 Nov 2009 | 08:14 GMT
 

US construction companies look to the Middle East to escape recession

Press Release
 
 

American companies come to Dubai: US based Boomerang will be displaying their automated parking systems at the Big 5 PMV, as part of the US pavilion.

US pavilion at Big 5 PMV offers American manufacturers a platform to cash in on Gulf construction boom

Dubai, UAE, 21 September, 2008: American manufacturers of plant, machinery and construction vehicles are looking to the building boom in the Middle East to hedge their stocks against the continuing recession in the United States.

Indicative of the troubles in the US construction industry, the Dow Jones US Heavy Construction Index has seen a 40 per cent plunge in the last year from 698.76 points down to 402.54, and with greater drops predicted, US construction companies are aiming to increase their Middle East sales to save their profit margins.

Highlighting this new focus on non American markets, Rick Eisminger, International Marketing Manager of Iowa based on-site cement mixing truck manufacturers, CemenTech, said: "Currently the Middle East accounts for less than five per cent of our total sales, but we plan to increase that to 20 per cent in the next few years."

CemenTech have committed to their first ever Middle East exhibition appearance at the Big 5 PMV, the region's premier plant, machinery, and construction vehicle event taking place from 23-27 November at the Dubai International Exhibition Centre.

Organisers Streamline Marketing Group have created a dedicated US pavilion at this year's show for the first time, and Eisminger said:  "We're taking part because, by putting us together with key developers and contractors in the region, it offers American companies an excellent opportunity to break into the Middle East market and take advantage of the construction boom there."

A strong US presence at the Big 5 PMV will be of particular interest to local and international businesses based in the Gulf who are displaying growing interest in American companies, particularly in light of the competitive rates they can offer due to the low US dollar.

"US companies make dependable trading partners because we have several decades of successful collaboration with the Middle East," said Woody Nash, Director of Business Development, Boomerang Systems, Inc., New Jersey. "It also helps that the dollar is weak compared to the Euro."

"Taking part in the Big 5 PMV, the biggest and best construction tradeshow in the Middle East for plant, machines and construction vehicles, is a great way to build relationships through face-to-face contact with prospects," added Nash, whose company is a leading manufacturer of automated robotic parking garages and automated self storage systems.

Catering to the growing interest in US based plant, machinery and construction vehicle companies, the US pavilion will feature many high end companies from across the country, including New York based Technology Trading Group LLC, suppliers of concrete paving equipment and California based FrameMax.

"We are setting up operations in the Middle East market and looking for exposure of our fast build, light gauge steel concrete composite panel system," said Phil Ellis of FrameMax, San Diego, California, who is joining the Big 5 PMV for the first time. "The dedicated US pavilion gives us the opportunity to realize our future plans to expand through the Middle East."

Currently, the UAE is the single largest export market for US goods and services in the Arab world, and US exports to the UAE have expanded four-fold from 2000 to 2007.  UAE customers purchased more than US$11.6 billion in US goods in 2007, including civilian and military aircraft, automobiles, communications, information technology, infrastructure and oil service products.

In addition, UAE exports to the US rose by 38 percent between 2000 and 2007, from US$971.7 million to US$1.339 billion.

-Ends-

About the Big 5 PMV
The Big 5 PMV www.big5pmv.com  will take place at Dubai International Exhibition Centre in November from 23-27 November 2008. Organised by Streamline Marketing Group in conjunction with dmg World Media, the event is co-located with The Big 5 www.thebig5exhibition.com  

The Big 5 PMV has the support of key international organisations including UBIFRANCE (French Foreign Trade Council), Builders' Association of India and the UK's Construction Products Association.  

For more information about Big 5 PMV, please contact Project Manager Samantha Kane-Macdonald, Tel: +9714 332 9029 or sam@smg-online.com  

About the Big 5
The Big 5 is acknowledged as the largest and most important exhibition for the Middle East's building and construction industry. Held annually at the Dubai International Exhibition Centre (DIEC), in 2007, the Big 5 attracted 2,839 exhibitors, 30 government sponsored pavilions and 50,420 professional trade buyers representing 139 countries.  

About Streamline Marketing Group
Streamline Marketing Group is a Dubai-based event management and marketing specialist with expertise in the turn-key management of exhibitions and conferences, and other international marketing and promotional projects.

Among the other major events organised by the Group are the Global Space Technology Forum (16th - 18th November, ADNEC, Abu Dhabi), and FM Expo, the region's only exhibition dedicated to facilities management.

For media enquiries:
Tony Foley
Director, Shamal Marketing Communications
Dubai
Tel: +971 50 455 9769
Email: tony@theshamalgroup.com  
www.smc-pr.com 

For further information please contact:
Danielle Fanning / Anya Leonard
Total Communications
Tel: + 971 4 336 9909
Fax: + 971 4 336 9905
Email: danielle@totalcompr.ae / anya@totalcompr.ae  

© Press Release 2008

from Total Communications
 
 
 
Community Comments (0) - Comment on this article
The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.
 
 
 
Loading ...
 
Report Abuse
Loading ...
 
 
Loading ...
Zawya Comment Policy:
 
  1. Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
    1.1   Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
    1.2   Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
    1.3   Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
    1.4   Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
    1.5   Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
    1.6   Give the impression that they represent Zawya.
    1.7   Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
  2. The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
  3. Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
  4. By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
 
 
 
 
 
 
 
Post Your Tender Notices for FREE
(No Sign-in Required)
 
 
Tender Notice Due Date
Creation and completion of a hospital for birth and women and children Al Qassimi Hospital in Alkhazimiyeh / Sharjah And expansions of the emergency department at Al Qassimi Hospital Alkhazmiyeh / Sharjah 22Dec09
Development of intersection of Alhamidiya / Ajman 08Dec09
Modification, Upgrading and Re-Construction of Rooms and Facilities for Fire Station at Al Aweer Power Station 09Dec09
Supply of Pulse type Self Cleaning Inlet Air Filters, Pre Filters, Fine Filters and Evaporative Cooler Pads for 'L' Phase-II Gas Turbines at Jebel Ali Power Station 07Dec09
Consultants for Supervising Commissioning Activities 23Nov09
Supply and Installation of Chain Link Fencing Along DEWA Power Station Boundary Parallel to Sheikh Zayed Road Jebel Ali 23Nov09
Supply, Installation, Testing & Commissioning of 400kV P-Station Substation and Associated 400kV GIL Works. 23Nov09
Inlet Air Chilling for Gas Turbines at 'L' Station Phase 1 at Jebel Ali. 18Nov09
BEACH WELLS AT GHALILAH POWER STATION, R.A.K. 24Nov09
2 NOS. OF 5 MIG RCC WATER TANKS AT BURAIRAT WDC - R.A.K. 24Nov09
UPGRADE OF SCADA FOR EXISTING 132/33 KV AND 33/11KV SUB-STATIONS OF FEWA NETWORK 23Nov09
LAYING & MAINTENANCE OF WATER DISTRIBUTION PIPELINES IN NORTHERN EMIRATES 22Nov09
Supply of Wound Care 24Dec09
SUPPLY OF THERMOMETER 24Dec09
Re-tender proposed service blocks at Al -rafeei park general &ladies 22Nov09
Supply and set macheine for ice making and cold store for Al Dhaid fish market 18Nov09
Digging (2) whells at weshah area near to labour accommodation at al-Dhaid 25Nov09
Lighting works at training yard in sharjah driving institute 16Nov09
Re-tender :maintenance works for labour accommodation at industrial area 3 15Nov09
Supply concrete tank and pamping room for wedding 11Nov09
 »  More Tenders
 
 
 
Community Buzz

Stories

Companies

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Consolidated Contractors Company Overseas Construction and Design
Saudi Telecom Saudi Arabia Telecommunications Services
Saudi Binladin Group Saudi Arabia Construction and Design
Emirates Aluminium Company UAE Metal Production
Emirates Telecommunications Corporation UAE Telecommunications Services
Saudi Electricity Company Saudi Arabia Electric Utilities
Pepsi Cola International (Middle East) Region-wide Beverages
Dodsal Engineering and Construction UAE Construction and Design
Roads and Transport Authority - Dubai UAE Regulatory and Administrative Bodies
Dubai Natural Gas Company UAE Gas
 

Projects

Most viewed projects by Community in the last 24 hrs
Project Name Country Sector
Takreer - Ruwais Refinery Expansion UAE Oil and Gas
Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 UAE Industry
ENEC - Nuclear Power Plant UAE Power and Water
Abu Dhabi DOT - Abu Dhabi Metro UAE Infrastructure
Dubai RTA - Dubai Metro UAE Infrastructure
SATORP - Jubail Refinery and Petrochemical Complex Saudi Arabia Oil and Gas
Al Safwa - Jeddah Cement Plant Saudi Arabia Industry
Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway Qatar Infrastructure
Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway Bahrain Infrastructure
Al Futtaim Carillion - Marina Hotel (Yas Island) UAE Real Estate
 

Blogs

 
 

 
 
 
 
 

Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v3.0 and above.
Copyright © 2009 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement