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Construction crew solves the Salem mystery of St. Joseph’s statue

Posted by Wayne Grayson on May 17, 2013

Construction crew solves the Salem mystery of St. Joseph’s statue

Credit: Planning Office for Urban Affairs For 64 years people in Salem, Massachusetts wondered "Where did St. Joseph go?" Between 1911 and 1944, a 12-foot-tall statue of St. Joseph stood watch ...

Housing starts tumble 16.5% in April, but surge in permits suggests continued recovery

Posted by Wayne Grayson on May 16, 2013

Housing starts tumble 16.5% in April, but surge in permits suggests continued recovery

The start of construction on homes fell drastically in April, one month after reaching a level of home starts the country had not seen since before the recession. However, a surge ...

Construction crew bulldozes 2,300-year-old Mayan ruin for road fill

Posted by Wayne Grayson on May 16, 2013

Construction crew bulldozes 2,300-year-old Mayan ruin for road fill

The Nohmul complex stood for 2,300 years as a jewel of Belizean tourism and a beautiful example of the sheer talent and engineering skill of ancient construction crews. All of which ...

Builder confidence up on strengthening housing market, but majority rate still rate it “fair” or “poor”

Posted by Wayne Grayson on May 15, 2013

Builder confidence up on strengthening housing market, but majority rate still rate it “fair” or “poor”

Though the reading is not at a point where more home builders view the current market for newly-built, single-family as "good" than "poor," builder confidence improved three points to a ...

John Deere reports record profits in 2nd quarter; construction equipment expected to continue decline

Posted by Wayne Grayson on May 15, 2013

John Deere reports record profits in 2nd quarter; construction equipment expected to continue decline

Attributing the news to higher sales of farm equipment, John Deere is reporting its highest ever quarterly net profit of $1.084 billion in the second quarter ending April 30. Compared ...

A history of American infrastructure funding and how to go about establishing new financing tools

Posted by Wayne Grayson on May 15, 2013

A history of American infrastructure funding and how to go about establishing new financing tools

Just about anyone with knowledge on the subject of infrastructure and transportation funding in the U.S. that you talk to will tell you that big changes need to be made ...

10 weeks of declines snapped, but diesel prices expected to continue to fall

Posted by Wayne Grayson on May 14, 2013

10 weeks of declines snapped, but diesel prices expected to continue to fall

A 10-week streak of decreases in the price of on-highway diesel fuel was snapped this week as the national average rose 2 cents to $3.86 per gallon. However, the Department ...

Bobcat R&D expansion brings total Bismarck investment to $35 million

Posted by Wayne Grayson on May 14, 2013

Bobcat R&D expansion brings total Bismarck investment to $35 million

Bobcat recently broke ground on a new $20 million renovation and expansion at the Northern Plains Commerce Centre in Bismarck, North Dakota. Comstock Construction Inc. of Wahpeton, North Dakota is building the ...

Caterpillar names Peoria baseball stadium “Dozer Park”

Posted by Wayne Grayson on May 13, 2013

Caterpillar names Peoria baseball stadium “Dozer Park”

Peoria's newly-named Dozer Park. Credit: Ron Johnson/Peoria Journal Star In what has to be one of the most unique names for a ballpark to date, Caterpillar has named the baseball ...

Are Americans “not willing to pay” for longer-lasting roads?

Posted by Wayne Grayson on May 13, 2013

Are Americans “not willing to pay” for longer-lasting roads?

Over at our sister site Better Roads, columnist Kirk Landers has put together a pretty interesting, and brutally honest, estimation of the glaring discrepancy between Americans' calls for quality, longer-lasting ...

Construction economists: spending on slow upward march, housing has long way to go

Posted by Marcia Gruver Doyle on May 10, 2013

Construction economists: spending on slow upward march, housing has long way to go

There are several pluses and minuses in today’s construction spending front, although the overall picture is trending upwards, agreed three construction economists participating in a Reed Construction Data forecast webinar ...

Construction fuel consumption dips 0.9% in March

Posted by Wayne Grayson on May 10, 2013

Construction fuel consumption dips 0.9% in March

Fuel consumption by the construction industry fell month-t0-month in March by 0.9 percent, according to the latest WEX Construction Fuel Consumption Index. Annually, the index expanded and was up by 1.9 ...

Caterpillar’s chief technology officer urges Congress to support manufacturing, highly skilled workers in immigration reform

Posted by Wayne Grayson on May 09, 2013

Caterpillar’s chief technology officer urges Congress to support manufacturing, highly skilled workers in immigration reform

Caterpillar's Chief Technology Officer Gwenne Henricks recently testified before the Senate Commerce Committee and urged lawmakers to support manufacturing and highly-skilled immigrants in whatever form of immigration reform is passed ...

Hyundai Construction Equipment Americas names Seok Myung Yoon president and CEO

Posted by Wayne Grayson on May 08, 2013

Hyundai Construction Equipment Americas names Seok Myung Yoon  president and CEO

Hyundai Construction Equipment Americas President and CEO Seok Myung Yoon Hyundai Construction Equipment Americas named Seok Myung Yoon its new President and CEO Wednesday. Yoon, known by most as Sam, comes ...

U.S. rental construction, lack of first-time home buyers a sign of “inferior housing recovery”?

Posted by Wayne Grayson on May 08, 2013

U.S. rental construction, lack of first-time home buyers a sign of “inferior housing recovery”?

Despite recent dips in construction spending and employment, the mood in the industry is, well, better. Better than it was last year anyway as 151,000 jobs have been added since ...

Better Roads: Time to start applying pressure on Congress for transportation bill replacement

Posted by Wayne Grayson on May 08, 2013

Better Roads: Time to start applying pressure on Congress for transportation bill replacement

Citing a report from the Congressional Budget Office that details a nearly bankrupt Highway Trust Fund and the real possibility of needing to dive into the General Fund in order ...

Majority of Americans favor tolls as source for transportation funding

Posted by Wayne Grayson on May 07, 2013

Majority of Americans favor tolls as source for transportation funding

A recent survey of American motorists confirms the feeling that most aren't fond of the idea of gas taxes, finding that a majority, 43 percent, favor tolls instead as a ...

JCB celebrates 1 millionth machine: a JS220 tracked excavator

Posted by Wayne Grayson on May 07, 2013

JCB celebrates 1 millionth machine: a JS220 tracked excavator

JCB Chairman Sir Anthony Bamford with the company's 1 millionth machine, a JS220 tracked excavator. JCB recently celebrated its 1 millionth machine rolling off the assembly line with a big ...

Caterpillar to layoff 300 at mining facility in Illinois, close tunneling plant in Toronto

Posted by Wayne Grayson on May 06, 2013

Caterpillar to layoff 300 at mining facility in Illinois, close tunneling plant in Toronto

In the wake of a first quarter that saw profits tumble 45 percent, mostly due to low demand for mining equipment, Caterpillar continues to make moves to rectify the situation announcing ...

Construction unemployment rate drops despite losing 6k jobs in April

Posted by Wayne Grayson on May 03, 2013

Construction unemployment rate drops despite losing 6k jobs in April

After riding a four-month streak of employment gains to the highest total employment the industry had seen in nearly four years, the construction industry lost 6,000 jobs in April, according ...

U.S. needs to “Think Big” like Germany if it wants to escape construction, technician labor shortage

Posted by Tom Jackson on May 03, 2013

U.S. needs to “Think Big” like Germany if it wants to escape construction, technician labor shortage

More fun than a video game. Teens at Think Big were encouraged to try their hand and equipment simulators. Contractors and equipment dealers struggling to find a solution to the ...

Lego sticker depicting construction worker’s catcall stirs controversy

Posted by Wayne Grayson on May 03, 2013

Lego sticker depicting construction worker’s catcall stirs controversy

Blogger, journalist and organizer Josh Stearns recently posted a photo to his blog of a sheet of Lego stickers that didn't sit right with him and doesn't portray the construction ...

Construction University eases transition from jobsite to the office

Posted by Marcia Gruver Doyle on May 03, 2013

Construction University eases transition from jobsite to the office

It’s a common story: After working in construction awhile—sometimes with family, sometimes not—a guy or gal wants to strike out on their own. And so they buy, or rent, that ...

Are you being embezzled? How to spot and correct the situation

Posted by Wayne Grayson on May 01, 2013

Are you being embezzled? How to spot and correct the situation

Small businesses have a better than average chance of falling victim to embezzlement. Here's what you need to know for spotting embezzlement and putting a stop to it.

Caterpillar to close South Carolina plant that employs 280 people

Posted by Wayne Grayson on May 01, 2013

Caterpillar to close South Carolina plant that employs 280 people

In what the Charleston, South Carolina Post and Courier calls "a sizable blow" to the region's manufacturing industry, Caterpillar has announced that it will close a plant there that employs ...

Enter our Jobsite Pics photo contest!

Posted by Equipment World Staff on May 01, 2013

Enter our Jobsite Pics photo contest!

One of our favorite things to do each year is head out across the country to meet and interview each of our 12 Contractor of the Year finalists. In those ...

CNH reports increased first-quarter profits and sales despite sharp decline in construction equipment

Posted by Wayne Grayson on April 30, 2013

CNH reports increased first-quarter profits and sales despite sharp decline in construction equipment

Equipment manufacturer CNH Global announced its first-quarter financial results this morning with the positive news of increases in both sales and operating profits. During the first three months of the year, ...

Historic Indianapolis baseball stadium finds new life as apartment complex

Posted by Wayne Grayson on April 30, 2013

Historic Indianapolis baseball stadium finds new life as apartment complex

By the end of this summer, Bush Stadium in Indianapolis will have quite the backstory including stints in baseball, the movie business, auto racing and, now, modern downtown living. Completed in ...

Obama taps Charlotte Mayor Anthony Foxx as Transportation Secretary

Posted by Wayne Grayson on April 30, 2013

Obama taps Charlotte Mayor Anthony Foxx as Transportation Secretary

Obama speaks alongside Foxx (left) and LaHood (right) at the White House. (Photo: Fast Lane blog) According to a report from our sister site Better Roads, President Barack Obama has ...

Sany sends equipment, rescue teams to Chinese earthquake recovery efforts

Posted by Wayne Grayson on April 30, 2013

Sany sends equipment, rescue teams to Chinese earthquake recovery efforts

Photo credit: Sany In response to a 7.0-magnitude earthquake that devastated the Lushan County area of Sichuan Province, China on April 20th, construction equipment manufacturers that calls the country home has ...

Caterpillar 336E H hydraulic hybrid excavator nets company its first Edison Award

Posted by Wayne Grayson on April 30, 2013

Caterpillar 336E H hydraulic hybrid excavator nets company its first Edison Award

Fresh on its proper introduction to the public at the massive Bauma construction equipment show in Munich, Caterpillar's 336E H hydraulic hybrid excavator has won a 2013 Silver Edison innovation ...

Volvo Construction Equipment first-quarter profits tumble 76%, sales down 32%

Posted by Wayne Grayson on April 26, 2013

Volvo Construction Equipment first-quarter profits tumble 76%, sales down 32%

While the company was happy to see its profitability improve from the fourth quarter, Volvo Construction Equipment's first-quarter operating income plummeted 76 percent from the same period a year ago. The ...

Terex sees increased operating profits despite first-quarter sales falling 5.3%

Posted by Wayne Grayson on April 25, 2013

Terex sees increased operating profits despite first-quarter sales falling 5.3%

Terex CEO Ron DeFeo discusses 1Q 2013 finances on CNBC. In the first quarter of the year Terex saw net sales drop 5.3 percent from the same period last year ...

Two-thirds of Americans likely to say “no” to gas tax as transportation funding

Posted by Wayne Grayson on April 24, 2013

Two-thirds of Americans likely to say “no” to gas tax as transportation funding

According to a report from our sister site Better Roads citing a recent Gallup poll, two-thirds of Americans would oppose a 20-cent-per-gallon gas tax that would provide funding for transportation ...

Caterpillar first-quarter profits fall 45% due to inventory cuts, low mining demand

Posted by Wayne Grayson on April 23, 2013

Caterpillar first-quarter profits fall 45% due to inventory cuts, low mining demand

Caterpillar Chairman and CEO Doug Oberhelman at the Bauma 2013 equipment show. A steep decline in demand for mining equipment coupled with reductions in inventory are to blame for Caterpillar's ...

New home sales up 1.5% in March

Posted by Wayne Grayson on April 23, 2013

New home sales up 1.5% in March

After a dip in February followed a strong surge in January, new home sales edged slightly upward in March. According to data from the U.S. Census Bureau, sales of new single-family ...

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