Equipment World Staff (EQW)

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FMI predicts 5 percent 2012 construction growth
Construction consultant FMI‘s first-quarter 2012 Construction Outlook Report shows a 5 percent increase over 2011 for total construction put in place, or $826.3 billion. According to the report, in order for residential construction to achieve the 8 percent increase projected and top $264.4 billion in 2012, a number of factors still have to fall into […]
March 21, 2012
Roadbuilding
Home builder confidence index remains flat
Builder confidence in the market for newly built, single-family homes was unchanged in March from a revised level of 28 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.  This means that following five consecutive months of gains, the HMI is now holding at its highest level since June of […]
March 21, 2012
Home
Home builder confidence index remains flat
Builder confidence in the market for newly built, single-family homes was unchanged in March from a revised level of 28 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.  This means that following five consecutive months of gains, the HMI is now holding at its highest level since June of […]
March 21, 2012
Home
Steel shipments up 5.1 percent
The American Iron and Steel Institute (AISI) reported on March 19 that for the month of January 2012, U.S. steel mills shipped 8,497,932 net tons, a 5.1-percent increase from the 8,085,761 net tons shipped in the previous month, December 2011, and a 12.9-percent increase from the 7,528,655 net tons shipped in January 2011. 2012 shipments […]
March 21, 2012
Safety
New division may save Ohio DOT nearly $200 million annually
By reducing agency costs, commercializing non-interstate rest areas and seeking sponsorship and naming rights for certain infrastructure projects, the Ohio Department of Transportation (ODOT) says it could save nearly $200 million annually and billions more could be generated or saved by leveraging state-owned assets and exploring public, private partnerships. In a written statement, ODOT Director […]
March 21, 2012
Home
Truck maker to add Cummins
At Cummins press event- “Another OEM” will soon offer the Cummins ISX12 engine in their heavy-duty lineup, announcement expected during show.
March 21, 2012
Roadbuilding
Cummins: 2014 compliant engines ready in 2013
The new engines will deliver up to a 2 percent fuel economy improvement over comparable engines being produced today.
March 21, 2012
Construction Equipment
Ritchie Bros. sells more than 200 cranes in five weeks
Ritchie Bros. Auctioneersrit has sold more than 200 cranes in five weeks at its first unreserved public auctions of 2012 in North America, Europe and the Middle East — with close to 90 cranes already scheduled to be sold globally by the end of April. Every crane was sold to the highest bidder, regardless of […]
March 21, 2012
Roadbuilding
Mica: I will introduce short-term extension through June 30
Transportation and Infrastructure Committee Chairman Rep. John Mica (R-Fla.) said the lower chamber will pass a short-term extension of the current funding bill for road and transit projects, which will be the ninth short-term extension of legislation that expired in 2009, according to The Hill. Mica says he will introduce a three-month extension of highway […]
March 21, 2012
Business
Granite Construction named as one ‘World’s Most Ethical Companies’
Granite Construction Inc. has been recognized by the Ethisphere Institute as one of the 2012 World’s Most Ethical Companies. Granite says it made the list by setting the industry standard for its commitment to bettering the communities in which it works, promoting sustainable business practices and setting the highest levels of ethical behavior in the […]
March 21, 2012
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