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

Posted by Wayne Grayson on July 01, 2015

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

In an op-ed published by the Huffington Post, President Obama revealed his administration's plan to raise the wages of millions of American workers through new Labor Department regulations. "We've got to keep ...

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Liebherr to take over production of Claas Scorpion ag telehandlers under new deal

Posted by Wayne Grayson on June 30, 2015

Liebherr to take over production of Claas Scorpion ag telehandlers under new deal

Under a new agreement between the two companies, Liebherr will begin manufacturing the Scorpion agricultural telehandlers for fellow European manufacturer Claas in 2018. Liebherr will take over manufacturing of the Scorpion ...

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Carolina Cat Power Systems completes construction of 10-acre solar farm

Posted by Wayne Grayson on June 30, 2015

Carolina Cat Power Systems completes construction of 10-acre solar farm

The construction of a 10-acre solar farm, led by Carolina Cat Power Systems, is nearing completion. Scheduled to open within the next few days, the farm, located in the city of ...

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Illinois DOT chief meets with group to discuss lack of minority contractors hired

Posted by Bobby Atkinson on June 30, 2015

Illinois DOT chief meets with group to discuss lack of minority contractors hired

An Illinois group recently met with Illinois Transportation Secretary Randall Blankenhorn to discuss the lack of minorities hired for construction contracts. KWQC reported that the group, led by the Rev. Dwight Ford ...

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Is the golden age of underground construction upon us?

Posted by Marcia Gruver Doyle on June 25, 2015

Is the golden age of underground construction upon us?

During the Great Recession, one phrase reached cliché status: “this is the new normal.” In other words, suck it up, things will never be as good as they once were. Get ...

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John Deere to call back some laid off workers to Waterloo plant

Posted by Wayne Grayson on June 25, 2015

John Deere to call back some laid off workers to Waterloo plant

John Deere has announced that it will ask between 50 and 60 workers laid off earlier this year at its Waterloo, Iowa, plant  back to work. According to a report from the Waterloo ...

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Caterpillar to lay off another 170 workers at East Peoria plant

Posted by Wayne Grayson on June 24, 2015

Caterpillar to lay off another 170 workers at East Peoria plant

Caterpillar has announced it will lay off an additional 170 workers at its East Peoria, Illinois, plant where the company manufactures mining and construction equipment. According to a report from Peoria Journal ...

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JCB, Douglas Dynamics earn honors; Kenworth, Fecon add locations in the latest Dealer and Manufacturing News Roundup

Posted by Amy Materson on June 23, 2015

JCB, Douglas Dynamics earn honors; Kenworth, Fecon add locations in the latest Dealer and Manufacturing News Roundup

Skyjack machines tee up for charity in Miami Skyjack scissor lifts and booms were on hand at the BEA and Action Rentals’ Second Annual Golf Tournament, held on March 16 in ...

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Contractors face charges for defrauding PennDOT’s female/minority-owned business program

Posted by Bobby Atkinson on June 22, 2015

Contractors face charges for defrauding PennDOT’s female/minority-owned business program

The top executives at a Pennsylvania highway construction company are facing charges they defrauded the U.S. Department of Transportation to the tune of about $18.7 million. A federal court levied conspiracy to ...

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Nashville may soon require contractors to hire significantly more local workers on metro projects

Posted by Wayne Grayson on June 19, 2015

Nashville may soon require contractors to hire significantly more local workers on metro projects

An amendment that will be presented to Nashville voters in August is drawing the ire of some members of the local construction industry there. According to a report from Nashville Public ...

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NYC’s Nordstrom Tower will at least have the tallest roof in the U.S.

Posted by Wayne Grayson on June 18, 2015

NYC’s Nordstrom Tower will at least have the tallest roof in the U.S.

Following up a May report, New York Yimby has uncovered documents that confirm the Nordstrom Tower will become the tallest building in the U.S.—the tallest roof, at least. Citing documents recently submitted ...

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Home starts tumble 11.1 percent in May following April’s big jump

Posted by Wayne Grayson on June 16, 2015

Home starts tumble 11.1 percent in May following April’s big jump

Large ups and downs in the rate of new home construction have become somewhat of a trend halfway through the year as U.S. home starts fell 11.1 percent following the ...

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The Final Piece: Design of 1,340-foot-tall Two World Trade Center revealed (PHOTOS)

Posted by Wayne Grayson on June 11, 2015

The Final Piece: Design of 1,340-foot-tall Two World Trade Center revealed (PHOTOS)

In an interview with Wired that dives deep into the genesis of Two World Trade Center, Bjarke Ingels, the founder of the architecture firm BIG, has unveiled his design for the ...

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DPR/Skanska to walk away from construction of Apple’s new campus

Posted by Wayne Grayson on June 11, 2015

DPR/Skanska to walk away from construction of Apple’s new campus

Though DPR Construction Inc. and Skanska USA have been the lead builders on Apple's much-talked-about Campus 2 since construction began last year, they will cease involvement on the estimated $5 ...

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St. Louis construction firms help establish $10 million Contractors Loan Fund for minority- and women-owned businesses

Posted by Wayne Grayson on June 04, 2015

St. Louis construction firms help establish $10 million Contractors Loan Fund for minority- and women-owned businesses

Aiming to boost the number of construction companies owned by minorities and women in the St. Louis area, a group of firms and banks joined forces to establish the Contractors ...

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Palm Beach high school construction academies seek to fill Florida’s skilled worker shortage

Posted by Wayne Grayson on June 02, 2015

Palm Beach high school construction academies seek to fill Florida’s skilled worker shortage

The Palm Beach County school district has opened three construction academies that are equipping students from ninth through 12th grades with valuable construction skills through real-world, hands-on experience. According to a ...

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This “crazy diverse” Iowa contractor thrives on doing work that other companies shun

Posted by Marcia Gruver Doyle on June 02, 2015

This “crazy diverse” Iowa contractor thrives on doing work that other companies shun

"I knew from high school I wanted to be a contractor,” says Jeff Pettiecord. So he started doing small remodeling jobs shortly after graduating, and eventually started his company in 1984. But ...

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

Posted by Wayne Grayson on June 01, 2015

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

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 annual rate of $1.006 trillion, the highest figure in more ...

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

Posted by Wayne Grayson on May 28, 2015

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

It's OK. You can call it a comeback. Though much of the talk around whether or not the construction industry has truly rebounded or not has died down in the last ...

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

Posted by Wayne Grayson on May 26, 2015

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

Construction and forestry equipment sales are the only bright spot for John Deere, albeit a dim one, as the heavy equipment manufacturer continues to see profit and sales declines due ...

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SDLG, Liebherr, Takeuchi, others add dealers in the latest Dealer and Manufacturing News Roundup

Posted by Amy Materson on May 22, 2015

SDLG, Liebherr, Takeuchi, others add dealers in the latest Dealer and Manufacturing News Roundup

Takeuchi names Salesman of the Year, Top Volume dealer and adds dealer Jimi Martin of Perimeter Takeuchi in Buford, Georgia, has been named Takeuchi’s Salesman of the Year. Ranking number one ...

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Confidence in heavy equipment financing market drops

Posted by Amy Materson on May 21, 2015

Confidence in heavy equipment financing market drops

Confidence in the equipment finance market declined slightly from April to May, according to the Equipment Leasing and Finance Foundation’s Monthly Confidence Index. The foundation, a non-profit that conducts research on ...

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Will NYC’s Nordstrom Tower overtake One World Trade Center as the tallest building in the U.S.?

Posted by Wayne Grayson on May 20, 2015

Will NYC’s Nordstrom Tower overtake One World Trade Center as the tallest building in the U.S.?

In case you haven't noticed, we're in the thick of a supertall building boom. As we reported earlier this year, 97 skyscrapers and 11 supernal buildings (skyscrapers taller than 984 feet) ...

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Home starts back on track with 20% jump in April

Posted by Wayne Grayson on May 19, 2015

Home starts back on track with 20% jump in April

Thanks to a big April, the start of construction on new homes in the U.S. has fully recovered and then some from a rough winter punctuated by a 16-percent drop in February. Home ...

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Ditch Witch launches redesigned website with HDD configurator, dedicated dealer pages

Posted by Wayne Grayson on May 19, 2015

Ditch Witch launches redesigned website with HDD configurator, dedicated dealer pages

Ditch Witch has launched as completely redesigned website which brings a new customer account portal and faster access to local dealer information. The new ditchwitch.com features a responsive design making it capable ...

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Kubota to relocate U.S. headquarters to Texas

Posted by Wayne Grayson on May 18, 2015

Kubota to relocate U.S. headquarters to Texas

In a joint statement with Texas Gov. Greg Abbott, Kubota Tractor has announced it will relocate its U.S. headquarters from Torrence, California, to Grapevine, Texas, a city located near Fort Worth. RELATED ...

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

Posted by Wayne Grayson on May 14, 2015

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

Police in Maryland arrested the owner of a Bellingham construction company earlier this week after discovering the man was using his office to grow a large amount of marijuana. According to a ...

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Caterpillar to lay off another 150 workers at Illinois mining plant

Posted by Wayne Grayson on May 08, 2015

Caterpillar to lay off another 150 workers at Illinois mining plant

Caterpillar has announced a second round of layoffs at its Decatur, Illinois facility. Following a January 19 round of cuts that laid off more than 200 workers across the Decatur and East Peoria ...

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

Posted by Wayne Grayson on May 08, 2015

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

A 15-year veteran of the industrial sector backed by strong experience with construction, mining and agriculture, Terry Dolan has been announced as Ritchie Bros. Auctioneers' next U.S./Latin America president. Dolan leaves Global ...

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“Hiring for character, training for skill,” New York’s Lawrence Merle is our 2015 Contractor of the Year

Posted by Amy Materson on May 06, 2015

“Hiring for character, training for skill,” New York’s Lawrence Merle is our 2015 Contractor of the Year

Before taking his first construction job, the only knowledge Larry Merle had of the industry was “Mike Mulligan and His Steam Shovel,” a classic children’s book his mother shared with ...

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

Posted by Wayne Grayson on May 05, 2015

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

With decreases across all sectors save for private nonresidential, U.S. construction spending fell 0.6 percent in March to a seasonally adjusted annual rate of $966.5 billion, according to preliminary estimates from ...

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

Posted by Wayne Grayson on May 04, 2015

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

In its earnings report for fiscal year 2014 in which the company reported a big 27-percent profit increase, Terex cautioned investors that it expected a drop in sales during a ...

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

Posted by Wayne Grayson on May 01, 2015

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

In its sales pitch, Material Tracker makes a scary-good point: "Unknowingly, you may have driven past a dump site that could help save time, fuel costs and make more money." Having too ...

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JCB donates $1 million worth of equipment to Nepal earthquake relief effort

Posted by Wayne Grayson on April 30, 2015

JCB donates $1 million worth of equipment to Nepal earthquake relief effort

In order to aid in the cleanup and rescue efforts in Nepal where survivors are still reeling in the aftermath of a magnitude 7.8 earthquake that struck the country Saturday, ...

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

Posted by Wayne Grayson on April 29, 2015

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

IronPlanet has gained quite a bit of momentum in the last year with a few big deals and two new site launches. The online equipment marketplace continued its march forward today with the ...

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

Posted by Wayne Grayson on April 28, 2015

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

  Citing weak demand in China, where sales have been cut in half, Volvo Construction Equipment reported a drop in revenues and a plunge in profit for the first quarter of ...

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