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IronPlanet taps Stillings as new head of marketing

Posted by Wayne Grayson on March 23, 2015

IronPlanet taps Stillings as new head of marketing

With the company's second executive hiring announcement in the past few weeks, Susan Stillings has been named Chief Marketing Officer at IronPlanet. Stilling comes to the online heavy equipment auctioneer with more ...

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Associations rally for long-term highway funding bill during World of Asphalt

Posted by Chris Hill on March 23, 2015

Associations rally for long-term highway funding bill during World of Asphalt

Leaders from five road and bridge building-related trade associations held a rally for World of Apshalt and AGG1 attendees pushing for more support and activism for a long-term highway funding ...

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Friendship morphs into a successful business venture between asphalt, concrete contractors

Posted by Amy Materson on March 18, 2015

Friendship morphs into a successful business venture between asphalt, concrete contractors

Sean McDowell knows the ins and outs of asphalt. As the owner of McDowell Construction, a 17-year-old paving company in Menomonee Falls, Wisconsin, he has handled a range of asphalt ...

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Holcim board delays Lafarge merger over terms

Posted by Chris Hill on March 18, 2015

Holcim board delays Lafarge merger over terms

Holcim’s board of directors has determined that its merger with Lafarge will be delayed due to a disagreement of terms on the deal. The merger was announced last year. In a ...

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Home starts plunge 17% in February as cold weather and worker shortage drop builder confidence

Posted by Wayne Grayson on March 17, 2015

Home starts plunge 17% in February as cold weather and worker shortage drop builder confidence

With spring right around the corner, U.S. home builders are certainly looking forward to the warmer temperatures and the official start of the construction season as starts on new homes ...

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After 40 years in business, Savannah firm J.T. Turner Construction to cease operations

Posted by Wayne Grayson on March 16, 2015

After 40 years in business, Savannah firm J.T. Turner Construction to cease operations

In announcing that Savannah-based firm J.T. Turner Construction Co. Inc. is closing its doors, founder Jim Turner said his company is the latest victim of the recent economic recession. According to a report ...

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IronPlanet taps Schleicher as new CFO

Posted by Wayne Grayson on March 13, 2015

IronPlanet taps Schleicher as new CFO

A veteran of the financial industry with stints at several prominent accounting firms, Deborah Schleicher has been named the next Chief Financial Officer at IronPlanet. Schleicher's resume includes roles at Arthur ...

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Plunging yen has boosted Komatsu sales; Caterpillar dealers report “aggressive” pricing

Posted by Wayne Grayson on March 12, 2015

Plunging yen has boosted Komatsu sales; Caterpillar dealers report “aggressive” pricing

With profit and sales declines in full effect for competitors Caterpillar, John Deere and CNH Industrial, Komatsu earnings reports been the lone bright spot among construction equipment manufacturers. Even Terex, ...

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Akron mayor, city council butt heads over $2 million in equipment for proposed city-owned construction company

Posted by Wayne Grayson on March 10, 2015

Akron mayor, city council butt heads over $2 million in equipment for proposed city-owned construction company

Discussion of a proposed city-owned construction company turned heated within the chambers of the Akron City Council Monday night over $1.9 million in heavy equipment purchases. According to a report from the ...

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Contractor optimism reaches historic high in annual construction industry forecast

Posted by Tom Jackson on March 09, 2015

Contractor optimism reaches historic high in annual construction industry forecast

The last time contractors were this optimistic, the economy tanked and went into the longest and deepest recession since the Great Depression. That was ten years ago. Today's optimism is reported ...

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Succession planning: How one future contractor takes preparation to assume the family business seriously

Posted by Amy Materson on March 05, 2015

Succession planning: How one future contractor takes preparation to assume the family business seriously

In the past, second- and third-generation contractors often assumed the helm of the company because it was all they’d known, and what they were expected to do. They had years ...

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PHOTOS: Google to build greenhouse-like HQ defined by movable construction housed in see-through canopies (VIDEO)

Posted by Wayne Grayson on March 02, 2015

PHOTOS: Google to build greenhouse-like HQ defined by movable construction housed in see-through canopies (VIDEO)

With construction of competitor Apple's new spaceship-like Campus 2 well underway, Google has announced its own plans for a revamp to its headquarters in Mountain View, California. And while Apple's project ...

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CNH Industrial to lay off more than 200 factory workers at Nebraska, North Dakota plants

Posted by Wayne Grayson on March 02, 2015

CNH Industrial to lay off more than 200 factory workers at Nebraska, North Dakota plants

CNH Industrial has confirmed indefinite layoffs at two plants in response to, "market conditions," as the farm and construction equipment manufacturer continues to deal with a global agricultural slowdown. According to ...

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Nonresidential pulls down U.S. construction spending 1.1% in January

Posted by Wayne Grayson on March 02, 2015

Nonresidential pulls down U.S. construction spending 1.1% in January

U.S. construction spending fell 1.1 percent during January due to nonresidential construction decreases in both the public and private sectors. Overall spending fell to $971.4 billion, according to preliminary estimates from the ...

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U.S. construction equipment exports fall 13.2% in 2014 with decreases in shipments to all regions

Posted by Wayne Grayson on February 27, 2015

U.S. construction equipment exports fall 13.2% in 2014 with decreases in shipments to all regions

Exports of construction equipment made in the U.S. fell  are down 13.2 percent in 2014, according to an Association of Equipment Manufacturers analysis of Commerce Department data. Construction equipment exports fell to ...

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China used more cement in 3 years than the U.S. used during the entire 20th Century

Posted by Wayne Grayson on February 26, 2015

China used more cement in 3 years than the U.S. used during the entire 20th Century

So you've probably heard at least a little bit about the wildly expanding middle class in China and the extremely rapid growth of once-rural and tiny cities into giant metropolises ...

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Construction company expands into the crime scene/meth lab cleanup business

Posted by Wayne Grayson on February 25, 2015

Construction company expands into the crime scene/meth lab cleanup business

In construction, it's always good for business owners to explore diversification, to look into new ways their outfit is equipped to quickly flex and serve another need in their area. Some ...

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PHOTOS: Caterpillar unveils new 3-tower HQ campus spanning 6 city blocks in Peoria (VIDEO)

Posted by Wayne Grayson on February 23, 2015

PHOTOS: Caterpillar unveils new 3-tower HQ campus spanning 6 city blocks in Peoria (VIDEO)

Caterpillar will make major, but very welcome, changes to the Peoria skyline with the construction of a three-tower company headquarters building along the city's riverfront. RELATED: PHOTOS: Tour the Caterpillar Visitors Center, ...

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John Deere 1Q profit plummets 43% as ag slowdown continues; further declines expected

Posted by Wayne Grayson on February 23, 2015

John Deere 1Q profit plummets 43% as ag slowdown continues; further declines expected

In recent years, as the effects of the recession were hammering the construction industry and the profit margins of heavy equipment manufacturers, John Deere posted 15 straight quarters of record ...

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Contractor honors his father’s legacy with successful paving business

Posted by Marcia Gruver Doyle on February 20, 2015

Contractor honors his father’s legacy with successful paving business

The TCW in TCW Construction stands for “Tony’s Cement Works,” a tribute to the company started by Joe Delgado’s father, which concentrated on driveways, sidewalks and patios. “We use his wheelbarrow ...

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Caterpillar hit with $1 billion in penalties, taxes on Swiss unit as feds open new investigation into overseas profit shifting

Posted by Wayne Grayson on February 19, 2015

Caterpillar hit with $1 billion in penalties, taxes on Swiss unit as feds open new investigation into overseas profit shifting

If slumping mining demand and oil prices hadn't made things hard enough on the company's finances, Caterpillar is now facing increased pressure from the U.S. government for the movement of cash ...

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U.S. home starts fall 2 percent in January as builder confidence dips due to cold weather

Posted by Wayne Grayson on February 18, 2015

U.S. home starts fall 2 percent in January as builder confidence dips due to cold weather

Following up a nice gain in December, housing starts in the U.S. fell 2 percent in January and builder confidence in the market has since dropped due to harsh winter ...

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Terex finishes 2014 with a 27% profit increase but expects sales declines in 2015

Posted by Wayne Grayson on February 18, 2015

Terex finishes 2014 with a 27% profit increase but expects sales declines in 2015

Terex has released its fourth quarter and full-year earnings report and despite consecutive down quarters to finish the year, the heavy equipment manufacturer saw overall gains in both profit and ...

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Akron wants to start its own city construction company; would be an Ohio first

Posted by Wayne Grayson on February 17, 2015

Akron wants to start its own city construction company; would be an Ohio first

Contractors that bid on projects in the city of Akron, Ohio, may soon have some new competition: the city itself. Frustrated with the low levels of local workers hired on past ...

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Nearly 50 NYC contractors, inspectors and property managers charged in bribery scheme

Posted by Wayne Grayson on February 13, 2015

Nearly 50 NYC contractors, inspectors and property managers charged in bribery scheme

Earlier this week, dozens of New York City construction professionals surrendered to police and were charged as the result of a two-year city investigation that uncovered a widespread bribery scheme. According to ...

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Precision Pipeline worked around the recession and desert turtles to become one of Utah’s top contractors

Posted by Tom Jackson on February 10, 2015

Precision Pipeline worked around the recession and desert turtles to become one of Utah’s top contractors

Landon Floyd grew up in construction. His father ran a small excavation and pipeline company in Southern California but moved to Utah when Landon was a boy because it seemed ...

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Volvo CE profit plummets 157% to 4Q loss; big gains in North America keep full-year sales afloat

Posted by Wayne Grayson on February 09, 2015

Volvo CE profit plummets 157% to 4Q loss; big gains in North America keep full-year sales afloat

Thanks to increased demand in North America and Europe, Volvo Construction Equipment largely weathered a rough fourth quarter to keep its full-year 2014 earnings from falling too far. However, the company ...

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Construction adds 39,000 jobs in January

Posted by Wayne Grayson on February 09, 2015

Construction adds 39,000 jobs in January

U.S. construction firms added 39,000 workers during January though the industry's unemployment rate rose for a third consecutive month. The industry now employs 6.314 million people in the U.S., according to preliminary ...

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Apple’s new $2 billion Arizona data HQ to create 500 construction jobs

Posted by Wayne Grayson on February 05, 2015

Apple’s new $2 billion Arizona data HQ to create 500 construction jobs

Valued at around $700 billion and fresh off one of the company's most successful quarters in its history, Apple isn't stopping with the construction of a new headquarters in Palo ...

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BlueLine Rental expands footprint with acquisition of Trico Equipment Inc.

Posted by Wayne Grayson on February 05, 2015

BlueLine Rental expands footprint with acquisition of Trico Equipment Inc.

BlueLine Rental has announced that it will acquire Trico Equipment Inc. for an undisclosed amount. Trico, a rental company serving New Jersey, Pennsylvania, Maryland and Texas, specializes in aerial lift equipment. Trico's ...

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PCA’s Sullivan: Cement consumption on straight growth trajectory through 2017; optimism palpable at World of Concrete

Posted by Marcia Gruver Doyle on February 04, 2015

PCA’s Sullivan: Cement consumption on straight growth trajectory through 2017; optimism palpable at World of Concrete

Cement consumption grew by 8 percent in 2014 and is on track to grow another 8 percent in both 2016 and 2017, according to Ed Sullivan, chief economist, PCA, noting ...

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Donaldson Company names COO Tod Carpenter president and CEO

Posted by Amy Materson on February 04, 2015

Donaldson Company names COO Tod Carpenter president and CEO

Filtration manufacturer Donaldson Company has announced that, effective April 1, 2015, Chief Operating Officer Tod Carpenter will be the company’s president and chief executive officer. Currently serving as the company’s chief ...

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U.S. construction spending rises 0.4 percent in December

Posted by Wayne Grayson on February 03, 2015

U.S. construction spending rises 0.4 percent in December

U.S. construction spending edged up 0.4 percent during December, ending 2014 on a positive note at a seasonally adjusted annual rate of $982 billion, according to preliminary estimates from the ...

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Manitowoc to split into two companies through Foodservice spin-off

Posted by Wayne Grayson on January 30, 2015

Manitowoc to split into two companies through Foodservice spin-off

Manitowoc has announced that it will split into two, independent and publicly-traded companies. The move will separate the company's cranes and foodservice businesses through a tax-free spin-0ff of Foodservice. The spin-off is ...

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Antitrust suit alleges Caterpillar, Komatsu and Volvo conspired to bar Chinese construction equipment from U.S. market

Posted by Wayne Grayson on January 29, 2015

Antitrust suit alleges Caterpillar, Komatsu and Volvo conspired to bar Chinese construction equipment from U.S. market

International Construction Products has filed an antitrust lawsuit against the three biggest names in construction equipment, accusing them of colluding to limit competition in the U.S. The suit was filed this morning ...

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Sales fall again in 4Q as CNH Industrial posts 14% profit decline for 2014 on slumping farm demand

Posted by Wayne Grayson on January 29, 2015

Sales fall again in 4Q as CNH Industrial posts 14% profit decline for 2014 on slumping farm demand

It wasn't nearly as bad as the third quarter, but the fourth certainly wasn't much better for CNH Industrial which saw sales declines across all equipment and vehicle segments. Sales for ...

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