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Terex sees big profit increase as AWP and MHPS segments boost sales

Posted by Wayne Grayson on July 25, 2014

Terex sees big profit increase as AWP and MHPS segments boost sales

In its latest earnings report, Terex announced increases in both sales and profit during the second quarter of the year. The company's net sales increased to $2.05 billion, up 10.4 percent from ...

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Caterpillar profit up 4% in 2Q despite decline in sales; improves full-year forecast

Posted by Wayne Grayson on July 24, 2014

Caterpillar profit up 4% in 2Q despite decline in sales; improves full-year forecast

Despite a dip in sales and continued soft demand for mining equipment, Caterpillar today announced a 4-percent increase in profit during the second quarter. The company today announced profits of $999 ...

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In wake of safety manager’s death, California construction company continues to pay his salary; coworkers raise $120k to support family

Posted by Wayne Grayson on July 24, 2014

In wake of safety manager’s death, California construction company continues to pay his salary; coworkers raise $120k to support family

A construction company in Milpitas, California is honoring a former employee by making sure his family is well taken care of after a tragic accident took his life more than ...

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Sales slump in China offsets gains elsewhere as Volvo CE operating income falls 43% in 2Q

Posted by Wayne Grayson on July 21, 2014

Sales slump in China offsets gains elsewhere as Volvo CE operating income falls 43% in 2Q

After kicking the year off with a sales boost and 29-percent increase in operating income during the first quarter, things cooled off considerably for Volvo Construction Equipment during the second ...

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Building the future of your construction company: Matching tech-savvy, young employees in a mentorship with seasoned crew members

Posted by Marcia Gruver Doyle on July 18, 2014

Building the future of your construction company: Matching tech-savvy, young employees in a mentorship with seasoned crew members

When I listen to contractors tell me how they first became involved in construction—usually a tale of early exposure and family tradition—it has hit me that what this industry needs ...

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Worker fired for hanging Alabama football flag at Texas A&M stadium made Facebook posts suggesting he sabotaged construction

Posted by Wayne Grayson on July 18, 2014

Worker fired for hanging Alabama football flag at Texas A&M stadium made Facebook posts suggesting he sabotaged construction

Earlier this week, news and a particular photo went viral concerning a construction worker and University of Alabama football fan being fired from the ongoing renovations at Texas A&M's Kyle ...

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Home starts fall 9.3% to 9-month low in June, but builder confidence is on the rise

Posted by Wayne Grayson on July 17, 2014

Home starts fall 9.3% to 9-month low in June, but builder confidence is on the rise

After gains in Spring jumpstarted what many hoped would be a high-activity construction season following a harsh winter, construction on new homes in the U.S. was down for the second ...

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Fontaine Heavy-Haul names John Krier president, prepares to launch 2 new trailers

Posted by Amy Materson on July 17, 2014

Fontaine Heavy-Haul names John Krier president, prepares to launch 2 new trailers

Fontaine Heavy-Haul has named John Krier as its new company president. Krier has previously served with the organization as senior corporate accountant for Marmon Holdings, MHT assistant sector controller, controller for ...

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4 tips for developing a health and wellness program at your construction firm (and why you should)

Posted by Amy Materson on July 16, 2014

4 tips for developing a health and wellness program at your construction firm (and why you should)

Construction company owners are in a unique position when it comes to assessing and helping their employees manage their health and wellness. Construction is difficult, demanding work, and having employees ...

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House passes $10.8 billion quick fix as highway construction funding nears insolvency

Posted by Wayne Grayson on July 16, 2014

House passes $10.8 billion quick fix as highway construction funding nears insolvency

The House on Tuesday passed a nearly $11 billion quick fix that would stave off the looming insolvency of the Highway Trust Fund (HTF), the primary source of federal funding ...

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Granite Construction names Christopher Miller executive VP and COO

Posted by Marcia Gruver Doyle on July 16, 2014

Granite Construction names Christopher Miller executive VP and COO

Christopher S. MIller is Granite Construction’s new executive vice president and chief operating officer, effective August 4th. Reporting to James H. Roberts, president and chief executive officer, Miller will oversee Granite’s ...

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Construction worker reportedly fired for flying Alabama football flag at Texas A&M stadium jobsite

Posted by Wayne Grayson on July 15, 2014

Construction worker reportedly fired for flying Alabama football flag at Texas A&M stadium jobsite

If you're unfamiliar with just how seriously folks down in the South take their college football, one construction worker has reportedly learned that lesson after being fired for hanging one ...

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Dire States hits the road to drum up support for Texas highway construction initiative

Posted by Tom Jackson on July 15, 2014

Dire States hits the road to drum up support for Texas highway construction initiative

Nearly 180 years ago the toughest hombres ever to ride a horse and carry a rifle blazed a trail across Texas, conquering impossible odds to turn that hardscrabble land into ...

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STEM graduates are finding a weak job market. Why that could be a big opportunity to fix construction’s skilled labor woes

Posted by Tom Jackson on July 11, 2014

STEM graduates are finding a weak job market. Why that could be a big opportunity to fix construction’s skilled labor woes

A recent article at Business Insider revealed an odd wrinkle in the job market. According to Census Bureau statistics, less than half the college graduates with STEM degrees (science, technology, engineering ...

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House panel’s proposed $10.5 billion stopgap for highway funding meets disapproval of Senators, AEM

Posted by Amanda Bayhi on July 10, 2014

House panel’s proposed $10.5 billion stopgap for highway funding meets disapproval of Senators, AEM

The House Ways and Means Committee has proposed a stopgap to fund transportation projects for eight months, but Sens. Barbara Boxer (D-Calif.) and Tom Carper (D-Del.) are opposing the plan. According ...

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Cummins taps Rich Freeland president and COO, Dave Crompton president of engine business

Posted by Wayne Grayson on July 09, 2014

Cummins taps Rich Freeland president and COO, Dave Crompton president of engine business

Cummins today announced that it has named Rich Freeland president and chief operating officer of the company. Freeland will focus on the company's daily operations and report to company chairman and ...

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White House, transportation leaders push Congress to find a long-term highway funding solution sooner rather than later

Posted by Amanda Bayhi on July 09, 2014

White House, transportation leaders push Congress to find a long-term highway funding solution sooner rather than later

The White House, Transportation Secretary Anthony Foxx and several industry associations are urging Congress to find a highway funding solution before the primary source of money, the Highway Trust Fund ...

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If you don’t know how to build a house, how can you build a country?

Posted by Tom Jackson on July 02, 2014

If you don’t know how to build a house, how can you build a country?

Last week the New York Times ran a story lamenting the loss of quality and craftsmanship in houses built today. The author also linked that questionable observation (with cringe-worthy logic) ...

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U.S. construction spending ticks up 0.1% in May despite dip in home building

Posted by Wayne Grayson on July 01, 2014

U.S. construction spending ticks up 0.1% in May despite dip in home building

Construction spending in the U.S. saw a slight increase in May and for the second straight month the gains are largely due to increases in government projects. Construction spending rose to ...

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Ritchie Bros. taps Beverly Briscoe as next Board of Directors Chair

Posted by Wayne Grayson on July 01, 2014

Ritchie Bros. taps Beverly Briscoe as next Board of Directors Chair

This morning Ritchie Bros. Auctioneers announced that its board of directors has appointed Beverly Briscoe to become its new Chair of the Board. Briscoe will replace Robert Murdoch who is stepping ...

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PHOTOS: Construction on Apple’s new $5 billion campus progresses, begins to take “Spaceship” shape

Posted by Wayne Grayson on June 26, 2014

PHOTOS: Construction on Apple’s new $5 billion campus progresses, begins to take “Spaceship” shape

There is very little about Apple's new company headquarters in Cupertino, California that isn't impressive. From it's Spaceship-like circular design to its mammoth size of 2.8 million square feet all ...

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Senate committee approves bill to bypass Obama, clear the way for Keystone XL pipeline construction

Posted by Wayne Grayson on June 19, 2014

Senate committee approves bill to bypass Obama, clear the way for Keystone XL pipeline construction

A bill that would temporarily bypass President Barack Obama and approve construction of the controversial Keystone XL pipeline passed a U.S. Senate committee Wednesday receiving bipartisan support. The Energy and Natural ...

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Home starts fall 6.5% in May as apartment construction and permits slow

Posted by Wayne Grayson on June 17, 2014

Home starts fall 6.5% in May as apartment construction and permits slow

May represented a down month for residential construction in the U.S. as both home starts and permits decreased. U.S. home construction starts fell 6.5 percent in May as new construction on ...

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Hard work, soft touch: 3 steps to becoming an effective, modern construction company leader

Posted by Amy Materson on June 17, 2014

Hard work, soft touch: 3 steps to becoming an effective, modern construction company leader

As anyone who has ever owned a business can tell you, being in charge and being a leader isn’t necessarily the same thing. When you’re running a company, it’s important ...

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What World Cup host Brazil can teach the U.S. about ignoring infrastructure needs

Posted by Equipment World Staff on June 16, 2014

What World Cup host Brazil can teach the U.S. about ignoring infrastructure needs

In the search for morality tales about the consequences of inadequate investment in infrastructure, it would be hard to top the quagmire of Sao Paulo, Brazil's largest city. In a recent ...

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Study: Construction among America’s least depressing jobs

Posted by Wayne Grayson on June 16, 2014

Study: Construction among America’s least depressing jobs

According to a new study, blue-collar jobs like construction, mining and those in the oil and gas industry are among the least depressing jobs in America. The study, done by a ...

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Government agency recommends updates to U.S. building codes after study of Joplin tornado

Posted by Wayne Grayson on June 12, 2014

Government agency recommends updates to U.S. building codes after study of Joplin tornado

Information gathered after an extensive study of the costliest tornado on record could lead to new building and construction standards as early as 2016. The May 22, 2011 tornado that ripped ...

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Survey finds 68% of Americans want increased federal transportation funding, most willing to pay higher gas taxes

Posted by Amanda Bayhi on June 12, 2014

Survey finds 68% of Americans want increased federal transportation funding, most willing to pay higher gas taxes

Two-thirds of Americans, or 68 percent, want the federal government to invest more in roads, bridges and mass transit systems, according to the results of a AAA survey released on ...

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Exports of U.S.-made construction equipment fall 18.8% in 1Q; Africa region accounts for only gains

Posted by Wayne Grayson on June 11, 2014

Exports of U.S.-made construction equipment fall 18.8% in 1Q; Africa region accounts for only gains

Exports of construction equipment made in the U.S. fell 18.8 percent between first quarter 2013 and first quarter 2014, according to analysis of Commerce Department data by the Association of ...

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Obama signs water projects reauthorization bill into law

Posted by Amanda Bayhi on June 11, 2014

Obama signs water projects reauthorization bill into law

President Barack Obama signed the $12.3 billion Water Resources Reform and Development Act (WRRDA) into law on Tuesday, marking the first water projects reauthorization in seven years. The House and Senate ...

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Report: Caltrans decision to hire inexperienced Chinese firm for Bay Bridge welding “will haunt” travelers “for generations”

Posted by Wayne Grayson on June 10, 2014

Report: Caltrans decision to hire inexperienced Chinese firm for Bay Bridge welding “will haunt” travelers “for generations”

A detailed investigative report from the Sacramento Bee has found that the California Department of Transportation's decision to hire a Chinese firm with no experience building bridges to construct key parts ...

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DOL reaches agreement with contractor for $5 million in back wages for 500 workers

Posted by Amy Materson on June 10, 2014

DOL reaches agreement with contractor for $5 million in back wages for 500 workers

Approximately 200 construction workers will receive $3.8 million in back wages and fringe benefits after a settlement between the U.S. Department of Labor and MDG Design and Construction for wage ...

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Construction worker’s detective work IDs jobsite bandit, recovers his company’s lost material

Posted by Wayne Grayson on June 09, 2014

Construction worker’s detective work IDs jobsite bandit, recovers his company’s lost material

After a thief made his way onto Murfreesboro, Tennessee jobsite for an elementary school and then made off with between $6,000 and $8,000 worth of metal roofing, JWC Specialties project ...

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Caterpillar to close 3 Illinois component plants, move work to Michigan

Posted by Wayne Grayson on June 09, 2014

Caterpillar to close 3 Illinois component plants, move work to Michigan

Caterpillar has announced that it will close three of its plants in Illinois in order to consolidate the work at a single plant in Michigan. The plants are all facilities of ...

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Construction job growth slows in May with 6,000 jobs added

Posted by Wayne Grayson on June 06, 2014

Construction job growth slows in May with 6,000 jobs added

The U.S. construction industry notched its fifth straight month of employment gains in May but saw growth fall off considerably. The industry added 6,000 jobs in May, compared to April's revised ...

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Kubota president, chairman Masumoto found dead in Tokyo

Posted by Equipment World Staff on June 04, 2014

Kubota president, chairman Masumoto found dead in Tokyo

Chairman and president of Kubota Corporation, Yasuo Masumoto, has died while staying in Tokyo. The 67-year-old failed to leave his room at the hotel and was found collapsed in the bathroom, ...

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Do you want some tips to stay safe on the job site?

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Click here to check it out. »

 

Here are the most recent tips we've posted:

Hauling headaches: Know your load limits when trailering equipment

One-man machines: The operator should be the only person on a wheel loader

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