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Confidence in heavy equipment financing market drops

Confidence in heavy equipment financing market drops

Posted by Amy Materson on May 21, 2015

Confidence in the equipment finance market declined slightly from April to May, according to the Equipment Leasing and Finance Foundation’s ...

Contractor busted for using his construction company’s office to grow pot in Massachusetts

Contractor busted for using his construction...

Posted by Wayne Grayson on May 14, 2015

Police in Maryland arrested the owner of a Bellingham construction company earlier this week after discovering the man was using ...

Construction industry roars back from down March, adds 45,000 jobs in April

Construction industry roars back from down March, adds...

Posted by Wayne Grayson on May 08, 2015

Following the first job loss for the industry in more than a year in March, the construction industry made up ...

Caterpillar to lay off another 150 workers at Illinois mining plant

Caterpillar to lay off another 150 workers at Illinois...

Posted by Wayne Grayson on May 08, 2015

Caterpillar has announced a second round of layoffs at its Decatur, Illinois facility. Following a January 19 round of cuts that laid off ...

Ritchie Bros. names Terry Dolan president of U.S., Latin America business

Ritchie Bros. names Terry Dolan president of U.S.,...

Posted by Wayne Grayson on May 08, 2015

A 15-year veteran of the industrial sector backed by strong experience with construction, mining and agriculture, Terry Dolan has been ...

Caterpillar invests in, adds dealer inventory to Yard Club, an online contractor-to-contractor equipment rental service

Caterpillar invests in, adds dealer inventory to Yard...

Posted by Wayne Grayson on May 07, 2015

Most contractors outside of San Francisco have likely never heard of Yard Club. But thanks to an investment from and ...

Construction spending falls 0.6% in March with lone gains in nonresidential

Construction spending falls 0.6% in March with lone...

Posted by Wayne Grayson on May 05, 2015

With decreases across all sectors save for private nonresidential, U.S. construction spending fell 0.6 percent in March to a seasonally ...

Terex sales drop 9% as 1Q results in a loss

Terex sales drop 9% as 1Q results in a loss

Posted by Wayne Grayson on May 04, 2015

In its earnings report for fiscal year 2014 in which the company reported a big 27-percent profit increase, Terex cautioned ...

Material Tracker site matches contractors for receiving construction materials or dumping excess

Material Tracker site matches contractors for receiving...

Posted by Wayne Grayson on May 01, 2015

In its sales pitch, Material Tracker makes a scary-good point: "Unknowingly, you may have driven past a dump site that could ...

IronPlanet taps former Army Lt. Col. to head GovPlanet military, government equipment auctions

IronPlanet taps former Army Lt. Col. to head GovPlanet...

Posted by Wayne Grayson on Apr 29, 2015

IronPlanet has gained quite a bit of momentum in the last year with a few big deals and two new site launches. ...

Volvo CE sees demand in China cut in half, profit plunges 46% in 1Q

Volvo CE sees demand in China cut in half, profit...

Posted by Wayne Grayson on Apr 28, 2015

  Citing weak demand in China, where sales have been cut in half, Volvo Construction Equipment reported a drop in revenues ...

Despite uptick in sales, Komatsu sees fiscal year 2014 profit fall 3.5%

Despite uptick in sales, Komatsu sees fiscal year 2014...

Posted by Wayne Grayson on Apr 27, 2015

Increased sales in developed countries combined with the depreciation of the Japanese yen against the dollar were able to boost ...

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