• RailWorks Corp has been acquired by its management and private equity firm Wind Point Partners. They purchased the business in May from MatlinPatterson Global Opportunities Partners, which had owned the North American track and infrastructure construction and maintenance company since 2002.
  • Wagon manufacturer W H Davies has expanded its UK maintenance activities with the formation of Davis Wagon Services Ltd. The company's brakes division has been appointed UK and East Africa agent of Italian manufacturer Poli and Macedonian subsidiary MZT Hepos.
  • Engineering and consultancy group URS Corp has announced the acquisition of Washington Group International in a $2·6bn cash and shares deal which the companies expect to close in the second half of this year.
  • VAE Nortrak North America Inc is expanding its pre-stressed concrete sleeper manufacturing facility in Cheyenne, Wyoming, spending $4·7m to acquire and modernise two buildings.