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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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ACPA forms traffic task force, plans pavement design software initiative

Posted by Chris Hill on January 29, 2015

ACPA forms traffic task force, plans pavement design software initiative

The American Concrete Pavement Association has announced two new initiatives for 2015: The formation of a task force for maintenance of traffic; and plans to explore options for creating a ...

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Komatsu profit up 5.5% in 3Q thanks to strong construction equipment sales in North America

Posted by Wayne Grayson on January 28, 2015

Komatsu profit up 5.5% in 3Q thanks to strong construction equipment sales in North America

Helped by a weakening of the yen against the U.S. dollar as well as increased equipment sales in the Americas and Europe, Komatsu posted gains in both profit and sales ...

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Vermont Senator introduces $1 trillion infrastructure spending bill

Posted by Wayne Grayson on January 28, 2015

Vermont Senator introduces $1 trillion infrastructure spending bill

A U.S. senator from Vermont has filed a bill that would designate $1 trillion over the next five years to transportation and infrastructure spending, according to a report from The Hill. Independent ...

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U.S. Chamber of Congress, AAA and ATA urge Congress to raise gas tax to fund long-term highway bill

Posted by Chris Hill on January 27, 2015

U.S. Chamber of Congress, AAA and ATA urge Congress to raise gas tax to fund long-term highway bill

With the Highway Trust Fund (HTF) inching ever so closer to insolvency, organizations are redoubling efforts to ensure Congress is passes a permanent fix, rather than a patch. AAA, the American ...

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California contractor sees latest emissions-compliant construction equipment as a competitive advantage

Posted by Marcia Gruver Doyle on January 26, 2015

California contractor sees latest emissions-compliant construction equipment as a competitive advantage

Andrew Allen, president of R. J. Allen Inc, has a different perspective on California Air Resources Board regulations, which require a certain percentage of a contractor’s equipment fleet be compliant ...

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Corporate tax code reforms have early bi-partisan support as method for funding long-term highway bill this year

Posted by Wayne Grayson on January 26, 2015

Corporate tax code reforms have early bi-partisan support as method for funding long-term highway bill this year

After President Barack Obama made a brief mention of infrastructure funding in his State of the Union address last week, urging Congress to focus on that rather than the Keystone ...

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Worker’s death in Ohio bridge collapse places urgency upon New Jersey bridge inspections

Posted by Equipment World Staff on January 23, 2015

Worker’s death in Ohio bridge collapse places urgency upon New Jersey bridge inspections

Aging infrastructure issues are well-known topics across the political landscape, as President Obama alluded to in his recent State of the Union address. Unfortunately, it takes a tragic incident such as ...

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John Deere cuts 910 ag factory workers, adds 220 to construction equipment facilities

Posted by Wayne Grayson on January 23, 2015

John Deere cuts 910 ag factory workers, adds 220 to construction equipment facilities

John Deere announced today that it would layoff 910 employees across five agricultural equipment factories in Iowa and Illinois as the company cuts costs in response to an ongoing global farming ...

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Los Angeles at a tipping point: get serious about public transportation or sink into Third World status

Posted by Tom Jackson on January 23, 2015

Los Angeles at a tipping point: get serious about public transportation or sink into Third World status

Last week I got the opportunity to visit Southern California and see how the country's most famous freeways were holding up. I pulled out of LAX in my rental car ...

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Four red flags you’re ruining your construction crew’s productivity

Posted by Amy Materson on January 23, 2015

Four red flags you’re ruining your construction crew’s productivity

  "The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while ...

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With December bump, U.S. home builders started 9% more homes in 2014

Posted by Wayne Grayson on January 21, 2015

With December bump, U.S. home builders started 9% more homes in 2014

Despite an up and down year heavily-influenced by apartment construction, home builders in the U.S. began work on more new homes in 2014 than the previous year. During December, starts on both single-family ...

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Obama urges Congress to focus on improving infrastructure rather than Keystone XL in State of the Union

Posted by James Jaillet on January 21, 2015

Obama urges Congress to focus on improving infrastructure rather than Keystone XL in State of the Union

President Barack Obama in his sixth State of the Union address made little mention of issues related directly to construction and transportation, which has in years past come in the form of ...

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The world built more skyscrapers and supertall buildings in 2014 than in any other year in history

Posted by Wayne Grayson on January 20, 2015

The world built more skyscrapers and supertall buildings in 2014 than in any other year in history

If you live in a large city and have thought it seems like a lot of new skyscrapers are going up, you would be correct. That's because the world is ...

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ARA expects heavy equipment rental market to grow 8.5% to $26 billion in 2015

Posted by Marcia Gruver Doyle on January 20, 2015

ARA expects heavy equipment rental market to grow 8.5% to $26 billion in 2015

The American Rental Association said it expects the 2015 U.S. construction/industrial equipment rental market to grow 8.5 percent this year, reaching $26 billion. General tool rentals will grow 8.8 percent to ...

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