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Construction adds 28,000 jobs in January

Construction adds 28,000 jobs in January

Posted by Wayne Grayson on Feb 08, 2016

The U.S. construction industry continued its streak of employment gains in January, adding 28,000 jobs. The industry now employs 6.615 million ...

Chinese, mining demand drags down Komatsu sales as profit falls 11% in first 9 months of the year

Chinese, mining demand drags down Komatsu sales as...

Posted by Wayne Grayson on Feb 02, 2016

Komatsu says its sales are brisk in North America but continued difficulty with slack demand for equipment from Chinese customers ...

Caterpillar to close 5 more plants, cut 670 jobs as part of cost reduction plan

Caterpillar to close 5 more plants, cut 670 jobs as...

Posted by Wayne Grayson on Feb 01, 2016

As part of the company's cost reduction plan introduced in the Fall of last year, Caterpillar has announced its latest round ...

Caterpillar profit fell 43% in 2015; 4Q loss comes as construction, mining sales weaker than expected

Caterpillar profit fell 43% in 2015; 4Q loss comes as...

Posted by Wayne Grayson on Jan 28, 2016

Despite slashing its sales outlook in tandem with an October announcement of a sweeping cost reduction plan, Caterpillar's full-year sales still fell below ...

Why Caterpillar invested in Powerhive, a smart microgrid delivering affordable power to developing communities

Why Caterpillar invested in Powerhive, a smart...

Posted by Wayne Grayson on Jan 27, 2016

Since 2012, PowerHive has been delivering electricity to spread-out rural communities in developing nations. The company does this through a ...

Judge throws out ICP’s antitrust suit against Caterpillar, Komatsu and Volvo CE

Judge throws out ICP’s antitrust suit against...

Posted by Wayne Grayson on Jan 25, 2016

A lawsuit filed against three of the largest manufacturers of construction equipment alleging that they worked together to limit competition from ...

Heavy equipment dealers: trade skills gap costs industry $2.4 billion a year

Heavy equipment dealers: trade skills gap costs...

Posted by Marcia Gruver Doyle on Jan 21, 2016

Construction equipment dealers are reporting significant shortages in getting skilled help, a lack that is directly impacting their bottom line, ...

Aging U.S. workforce carries both benefits and liabilities for construction companies

Aging U.S. workforce carries both benefits and...

Posted by Jill Odom on Jan 20, 2016

Many factors have caused older workers to remain on the job longer and the trend is only expected to increase. ...

Johnson to replace Rapp as president of Caterpillar’s Resource Industries group

Johnson to replace Rapp as president of...

Posted by Wayne Grayson on Jan 15, 2016

The Caterpillar board of directors has elected Denise Johnson as the next group president for Resource Industries. Johnson will replace Ed ...

Contractors tell AGC worker shortage remains their top concern despite half having already increased base pay

Contractors tell AGC worker shortage remains their top...

Posted by Wayne Grayson on Jan 12, 2016

As we reported yesterday, a majority of construction firms in the U.S. are optimistic about 2016 volumes and plan to ...

Nearly 2/3 of U.S contractors plan to hire in 2016 due to optimism in several markets, AGC study finds

Nearly 2/3 of U.S contractors plan to hire in 2016 due...

Posted by Wayne Grayson on Jan 11, 2016

The vast majority of U.S. contractors have voiced a positive outlook for 2016 and are expecting to hire more workers ...

Construction adds 45,000 jobs in December to finish 2015 up 4%

Construction adds 45,000 jobs in December to finish...

Posted by Wayne Grayson on Jan 08, 2016

Finishing 2015 with a ninth-consecutive month of employment gains, the U.S. construction industry added 45,000 employees to its workforce in ...

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