Posts Tagged ‘Toyota’

ASX Company News: UGL Secures $160 million In New Contracts

Wednesday, May 4th, 2011

UGL Limited (UGL) announced that its services division has secured a number of significant integrated facilities management and property services orders with blue chip customers in the life sciences, transport and higher education sectors. These services have a combined end value of approximately A$160 million. The various service orders include a new facilities management agreement with Toyota Motor Sales, U.S.A., Inc. across their national real estate holdings over five years. The scope of the services includes facilities operations and maintenance, and capital renovations in more than 100 buildings and 44 locations, totaling over 8 million square feet. Its also includes a new facilities management contract with one of the world’s leading research and teaching institutions, Stanford University, in the U.S.A across their 8,180 acre campus. The scope of the services includes janitorial, day porter and related work management services encompassing 4.5 million square feet and 225 buildings over three years; and a new facilities management services order with one of the world’s largest research- based pharmaceutical firms at their manufacturing and R&D operation located in New York. The scope of services includes mechanical, electrical, instrumentation, janitorial and grounds maintenance services over a three year period. UGL also provides facilities services at two of their plants in Puerto Rico as well.

UGL’s Managing Director and CEO, Richard Leupen, said: “We continue to see improving trading conditions across our services business globally supported by higher activity levels in corporate real estate and facilities management markets. These results in the US market are particularly pleasing as is the strong growth in California. “These significant facilities management orders highlight UGL’s ability to deliver innovative, sustainable and flexible solutions to customers. They also highlight our strengthening position in key growth sectors including life sciences, transport and higher education.”

UGL Limited (UGL) is an engineering, maintenance and facilities management company operating in the water, power, transport, communications, resources and property sectors. It consists of four divisions – UGL Infrastructure, UGL Rail, UGL Resources and UGL Services. Headquartered in Sydney, Australia, UGL Limited operates in Australia, New Zealand, Asia, North America and the Middle East employing approximately 44,000 people.

www.ugllimited.com

http://www.traderdealer.com.au/fundamentals/ugl

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Japanese Carmakers Upbeat

Wednesday, January 14th, 2009

Japanese carmakers at the Detroit auto show are cautiously hopeful of growing their businesses in 2009, according to a Reuters report.

Representatives from the major Japanese brands, while acknowledging the impact of the shrinking market, and their dependence on the gloomy US economy, were nonetheless upbeat about their expectations.

This year will see several new products creating a buzz, particularly the next generation Toyota Prius, Honda s new low cost Insight hybrid, and the Mazda3 Compact. It s also hoped that the incoming Obama administration will quickly pass the proposed stimulus package and improve consumer sentiment.

Stocks for watchlist

7203.T Toyota Motor Company
7267.T Honda Motor
7261.T Mazda Motor

Further Information:
Reuters News Feed through Market Analyser

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