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Tag: investment
Construction Equipment
Why Caterpillar invested in Powerhive, a smart microgrid delivering affordable power to developing communities
Since 2012, PowerHive has been delivering electricity to spread-out rural communities in developing nations. The company does this through a smart mix of software and hardware, a mix that recently attracted a $20 million Series A investment round. Caterpillar Venture Capital, the investment subsidiary of the heavy equipment giant, has announced its participation in that […]
January 27, 2016
Roadbuilding
Vermont Gov. Peter Shumlin signs $685.7 million transportation bill
Vermont Gov. Peter Shumlin on Monday signed a $685.7 million transportation bill for fiscal year 2015, marking the largest transportation infrastructure investment in the state’s history. The legislation approves infrastructure improvements and maintenance, supports a multimodal transportation system and focuses on economic development, safety, infrastructure preservation and maintenance, energy efficient transportation choices and the continued […]
June 3, 2014
Roadbuilding
Obama, Biden call for infrastructure investment
President Barack Obama and Vice President Joe Biden pushed for transportation infrastructure investment during their respective trips to New York’s Tappan Zee Bridge and Ohio’s Greater Cleveland Regional Transit Authority this week. While at the site of the $3.9 billion Tappan Zee Bridge project in Tarrytown, New York, Obama urged Congress to pass the administration’s […]
May 15, 2014
Roadbuilding
Standard & Poor’s: Infrastructure investment offers high returns beyond job creation
Transportation investment is said to be about job creation. Transportation Secretary Anthony Foxx has pointed out that an insolvent transportation system would cost 700,000 workers their jobs, and he’s noted on several occasions — including during his “Invest in America, Commit to the Future” bus tour last month — that new transportation projects create and […]
May 6, 2014
Roadbuilding
Pew charts display need for transportation investment
You’ve heard it before, and you’ll hear it increasingly more as September draws closer: The highways and infrastructure in the U.S. need greater investment. The current highway bill, MAP-21, will expire in September, and Congress is working to pass a new bill before that expiration date. The Senate Commerce Committee is scheduled this week to […]
May 5, 2014
Roadbuilding
Texas leads U.S. with largest road repair debt
How much does your state need each year to fund necessary road repairs through 2017? Texas needs $4,636 million annually, making it the state with the highest amount of funding needed, according to a report from Bloomberg. Following close behind are North Carolina ($3,959 million), Virginia ($3,089 million), Pennsylvania ($2,203 million) and South Carolina ($2,099 […]
April 25, 2014
Roadbuilding
Yo Congress: Transportation infrastructure is a job-creating investment
There is an argument about transportation infrastructure that is not made enough–not anywhere near enough. It boosts economic choices and economic growth: two major flag waving issues for almost everyone in public life, especially the conservatives. But why do we see so little coverage of the details of how it works? Perhaps because it’s a […]
July 31, 2013
Business
Slight growth of equipment and software investment forecasted
The Equipment Leasing & Finance Foundation has released its 2013 Equipment Leasing & Finance U.S. Economic Outlook, which projects equipment and software investment will grow at a below-average rate of 2.9 percent. However, growth in equipment and software investment is expected to begin regaining momentum in the third and fourth quarters of 2013. According to […]
December 19, 2012
Roadbuilding
Intelligent transportation, intelligent investment
Investment in intelligent transportation is critical as Congress works toward developing a jobs bill to address the current unemployment level. That’s the sentiment of Scott Belcher, CEO and president, Intelligent Transportation Society of America, in The Hill’s Congress Blog. Belcher is spot on. Infrastructure is one of the areas that should receive major investment when […]
December 8, 2009
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