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CNH Industrial sales fall 10%, profit plummets in 2Q

CNH Industrial sales fall 10%, profit plummets in 2Q

Posted by Wayne Grayson on Aug 04, 2015

CNH's continued struggles with the global agricultural slowdown continued in the second quarter, compounded by decreased construction equipment sales. The company, ...

Construction spending inches up 0.1% in June

Construction spending inches up 0.1% in June

Posted by Wayne Grayson on Aug 04, 2015

With no change to nonresidential spending, total construction spending in the U.S. saw its smallest gain in five months, according ...

Credit: Flickr user m.yamnitz

Making sense of the split: Don’t worry about...

Posted by Jack Roberts on Aug 03, 2015

The big news story last week was, of course, Cat and Navistar breaking up. At first brush, given Navistar’s fresh troubles ...

Caterpillar’s call for engagement with Cuba more than just a sly business move

Caterpillar’s call for engagement with Cuba more...

Posted by Tom Jackson on Jul 24, 2015

Early this week Caterpillar sent out a press release calling for an end to the trade embargo against Cuba. This ...

Caterpillar profits fall 29% in 2Q as company cuts full-year forecast

Caterpillar profits fall 29% in 2Q as company cuts...

Posted by Wayne Grayson on Jul 23, 2015

A continued and severe lack of demand for mining equipment worldwide, coupled with lower construction equipment sales in China and ...

Volvo CE profit jumps 80% in 2Q thanks to big sales increases in North America

Volvo CE profit jumps 80% in 2Q thanks to big sales...

Posted by Wayne Grayson on Jul 20, 2015

Following two consecutive quarters of large losses, Volvo Construction Equipment saw a huge increase in profit during the second quarter, ...

Home starts jump 9.8% as apartment construction reaches 28-year high

Home starts jump 9.8% as apartment construction reaches...

Posted by Wayne Grayson on Jul 17, 2015

Thanks to a surge in new apartments, May's decrease in home construction starts was followed up by a sizable increase ...

SSAB University Challenge encourages students to develop innovative applications for high-strength steel

SSAB University Challenge encourages students to...

Posted by Angela Thomas on Jul 15, 2015

SSAB, a Nordic and U.S.-based steel company, invites students to participate in their University Challenge contest, held in conjunction with ...

Latest round of Caterpillar layoffs hits Pontiac fuel systems plant

Latest round of Caterpillar layoffs hits Pontiac fuel...

Posted by Wayne Grayson on Jul 08, 2015

After laying off nearly 200 workers at its East Peoria plant last month, Caterpillar has announced another wave of cuts, ...

Alabama’s new building permit fee will fund statewide construction education and training

Alabama’s new building permit fee will fund...

Posted by Wayne Grayson on Jul 07, 2015

Though the construction industry's rebound is in full effect with spending at a nearly 7-year high and jobs at a ...

Construction jobs flat in June; unemployment drops

Construction jobs flat in June; unemployment drops

Posted by Wayne Grayson on Jul 03, 2015

Following two months of gains, the U.S. construction industry saw no job losses or gains in June. According to preliminary data from ...

New Labor Dept. regs require employers to pay overtime to additional 5 million workers

New Labor Dept. regs require employers to pay overtime...

Posted by Wayne Grayson on Jul 01, 2015

In an op-ed published by the Huffington Post, President Obama revealed his administration's plan to raise the wages of millions of ...

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