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Construction spending up 2.2% in April to $1 trillion, 6-year high

Construction spending up 2.2% in April to $1 trillion,...

Posted by Wayne Grayson on Jun 01, 2015

Big gains in nonresidential boosted total construction spending in April 2.2 percent, according to preliminary estimates from the Commerce Department. Spending rose to a seasonally adjusted ...

Construction lending is outpacing that of completed buildings with rates at their lowest since 2007

Construction lending is outpacing that of completed...

Posted by Wayne Grayson on May 28, 2015

It's OK. You can call it a comeback. Though much of the talk around whether or not the construction industry has ...

John Deere sees slight uptick in construction sales but profits fall 30% as ag slowdown continues

John Deere sees slight uptick in construction sales but...

Posted by Wayne Grayson on May 26, 2015

Construction and forestry equipment sales are the only bright spot for John Deere, albeit a dim one, as the heavy ...

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 ...

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