Amy Materson (EQW)HomeAirports to get initial stimulus funds quicklyUSA Today reports that the FAA will be required to distribute $1.1 billion in stimulus funds to be used for airport construction projects quickly, with half of the money to be distributed within 120 days. The rest of the funds must be distributed within a year. “It’s an additional billion dollars. That’s tens of thousands […]January 10, 2010HomeMinnesota construction workers find loophole in lawAs of January 1, construction workers in Minnesota who work as independent contractors are required to register with the State Labor and Industry Department. The requirement is meant to stop contractors from illegally classifying their employees as independent contractors to cut labor costs. But, according to the Star-Tribune, many have found a way around the […]January 10, 2010HomeCities seeing project prices dropLower material prices, a drop in fuel costs and the overall economic slowdown are causing a sharp drop in bid prices on construction projects, reports the Dallas Morning News. With fewer projects to bid on, and lower costs on steel, iron, asphalt and roofing materials, contractors are bidding “bargain basement prices” on municipal and school projects, often […]January 6, 2010Home“Significant retraction” in first half of ’09Federal Reserve Chairman Ben Bernanke is testifying before the Senate Banking Committee today, and says the Federal Open Market Committee expects the economy to undergo a significant retraction in the first half of 2009, followed by a gradual resumption of growth in the second half. The FOMC expects real GDP to experience a decline of […]January 6, 2010HomeObama to try to block AIG bonusesPresident Barack Obama has instructed Treasury Secretary Timothy Geithner to try to block millions in bonuses to be paid out by bailout-recipient American International Group, calling the move “an outrage.”January 6, 2010TechnologySurvey: Bail out construction insteadIn a study conducted by Harris Poll and the Financial Times of London, more than half of Americans say they’d prefer to see bailout funds go to construction companies instead of banks and automobile manufacturers.January 6, 2010HomeSigns of a thaw?President Barack Obama said today he sees signs of a “thaw” in the housing market, and is confident the toxic asset purchase plan will help unfreeze the credit market. Click here for more.January 6, 2010HomePeterbilt to close Tennessee plantPeterbilt has announced it will permanently close its truck assembly plant in Madison, Tennessee, effective December 1. No trucks have been produced at the plant since July 2008.January 6, 2010HomeLocal OSHA offices place emphasis on stimulus projectsLocal OSHA offices in St. Louis, Missouri, and Wichita, Kansas, have launched programs specifically aimed at stimulus-funded construction projects. The effort will include outreach and enforcement activities. Since stimulus projects are likely to include more than one contractor, inspections will be targeted to specific jobsites rather than specific employers.January 6, 2010TechnologyCOY finalist scores Big Ten partnershipJohn Cederlund’s Team REIL, an Equipment World Contractor of the Year finalist, has been recommended as the sole supplier of sports field and recreation equipment for the Big Ten Conference. Located in Union, Illinois, Team REIL specializes in recreational and park products. The company will serve as a point of contact for all 270 teams within the […]January 6, 2010Previous PagePage 54 of 55Next PageTop StoriesMarket PulseQuick Data: Top-Selling Articulated Dump Trucks and Sales Trends for 2024-2025Find out the most popular models of new and used financed articulated dump trucks and which models are fetching the most at auction.Compact Utility LoadersVermeer Rolls Out 4 New ML Series Stand-on Mini Track LoadersVintage EquipmentWatch Antique Tractors from Holt, Best, Caterpillar at HCEA Show 2025Pickups2026 GMC Canyon Revealed: 4 Trims, 7,700 Lbs. Towing, Loads of FeaturesCompact ExcavatorsCloser Look: Develon’s Reduced Tail-Swing DX62R-7 Mini Excavator
