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Business: Page 106
Business
Construction adds 28,000 jobs in August
The construction industry added its third largest monthly jobs total of the year in August with a gain of 28,000 jobs. The new jobs bring total U.S. construction employment to 6.918 million Americans, according to preliminary data from the Labor Department. The August jobs report also brought a revision to the July jobs total. July employment […]
September 1, 2017
Business
Mont. construction employee charged with embezzling $218k in rental scheme
A former division head of a Montana construction office has been charged with embezzling $218,000 from the company, according to the Bozeman Daily Chronicle. A sheriff’s investigation alleges that Kirk Hogan, who was the civil division head for Dick Anderson Construction’s Bozeman office, was renting construction equipment he owned to Anderson and pocketing rent on […]
August 31, 2017
Sponsor Content
Cut Cycle Times and Fuel Costs With These Operator Habits
Volvo Construction Equipment
September 22, 2026
Business
Pushing your truck fleet’s oil drain intervals? Be sure you have the right filter
With new generations of engines and improved oil formulation, fleets and OEMs have added tens of thousands of miles to engine oil drain intervals that have now crept upwards of 75,000 in some long-haul segments. A fleet’s application isn’t the only factor in how long a drain interval can be pushed. The filter has to be […]
August 24, 2017
Contractor of the Year
Nominations for 2018 Contractor of the Year awards now open
The 2018 Equipment World Contractor of the Year contest, which honors 12 finalists, is now open for nominations. Designed to honor contractors who have excelled in their markets, the contest is open to construction firm owners who have been in business 10 years or more, have between $3 million and $15 million in annual revenues, […]
August 17, 2017
Business
Revenue increases 23% but U.S. Concrete still reports Q2 loss
U.S. Concrete, Inc. reported a net loss of $2.3 million for the second quarter 2017, which is an improvement over the $3.5 million net loss in the second quarter of 2016. Results include recognition of a $15.8 million non-cash derivative related loss resulting from fair value changes in the company’s outstanding warrants and $2.4 million in acquisition-related costs. Loss […]
August 16, 2017
Roadbuilding
Fluor, Lane contracted for privately-funded Texas bullet train, one of the largest civil projects in U.S. history
Texas Central, an investor-owned railroad company, has selected Fluor and The Lane Construction Corporation for the construction planning, cost estimates and other engineering activities of a bullet train linking Houston to the Dallas-Fort Worth metro area. When complete, the train will make the 240-mile trip in 90 minutes with a midway stop in the Brazos […]
August 15, 2017
Business
Construction adds 6,000 jobs in July
The U.S. construction industry added jobs for a third straight month in July, according to preliminary data from the Labor Department. Construction added 6,000 jobs, bringing the industry’s total employment to 6.899 million Americans. The July report also brought revisions to June’s employment figure. June employment was revised downward from the previously reported 6.896 million […]
August 7, 2017
Business
EPA seeks comments on proposed WOTUS rule withdrawal
The U.S. Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers proposed a rule to withdraw the 2015 Waters of the United States (WOTUS) rule that defines what streams, wetlands and other wet areas are controlled by the federal government and subject to the permitting requirements of the Clean Water Act. This is the first […]
August 7, 2017
Business
Nonresidential sends construction spending down 1.3% in June
Decreases in spending on apartment homes and nonresidential projects were the difference in June’s construction spending report, as total U.S. spending fell 1.3 percent to a seasonally adjusted annual rate of $1.205 trillion. Despite the monthly drop, the annual rate remains 1.6 percent above the June 2016 rate. Total residential spending fell 0.3 percent in […]
August 3, 2017
Business
Smith Concrete, The Shelly Company host childhood cancer fundraising event
Smith Concrete, a part of The Shelly Company, played host to community members and individuals from other areas of Ohio, as well as individuals from out of state, who came together to participate in the fundraising event known as the “Rolling for BrAva” Dice Run on June 11. BrAva is a local non-profit organization with a […]
August 1, 2017
Business
Cemex gets 10-year lease for vital Port of Redwood City terminal
The Redwood City Port Commission approved a new 10-year-lease for cement, concrete and aggregate maker Cemex‘s 8.2-acre marine terminal in California, with an option to extend the lease for another 10 years, The Daily Journal reports. Cemex has used the terminal to import nearly 4 million metric tons of sand and aggregates from Canada over the […]
July 28, 2017
Dealers
CNH Industrial Q2 revenues up 3%, profit up 23%
CNH Industrial, parent company of Case Construction Equipment, reported a revenue increase of 2.9 percent to $6.9 billion for second quarter 2017, compared to 2016, and says adjusted net income rose 23 percent to $266 million. The company says operating profit from Industrial Activities reached $481 million for the quarter, $28 million more than the […]
July 27, 2017
Business
Lafarge helps with Habitat for Humanity Canada’s biggest build ever
Lafarge Canada Inc. sponsored Habitat for Humanity Canada’s biggest build project ever, the 34th Jimmy and Rosalynn Carter Work Project, which was organized as part of a celebration of Canada’s 150th anniversary of Confederation. The project included the construction of a total of 150 homes across Canada. In addition to being a Gold sponsor by providing […]
July 25, 2017
Business
Summit Materials turns to TMW Systems for mobile asset maintenance app
When Summit Materials faced a unique asset maintenance challenge, it implemented TMW Systems’ comprehensive TMT Fleet Maintenance management solution to centralize and streamline in-house maintenance and repair operations. The company has also been using the TMT mobility app, Mobile Mechanic Workstation, at 35 of its locations to enable real-time management of remote service activity. “We […]
July 24, 2017
Business
Home starts up, builder confidence down with mounting concerns over lumber costs
The start of construction on new homes in the U.S. rose 8.3 percent during the month of June on solid gains from both the single-family and multi-family markets. And though demand for new homes is still strong, builders say the rising cost of materials has them concerned. Home starts rose to a seasonally-adjusted annual rate […]
July 21, 2017
Business
ACI enters agreement with GCC leaders to help develop Gulf Building Code
Due to the rapid construction growth in the Gulf region, the American Concrete Institute (ACI) recently entered into an agreement with leaders of the Gulf Cooperation Council (GCC) Standardization Organization to help them move towards a better understanding and use of concrete and cementitious materials in civil infrastructure. The agreement was signed in Doha, Qatar, […]
July 17, 2017
Business
Sustaining fourth-generation construction business required many late nights at Livengood Excavators
About five years ago, Leo Livengood got a phone call from a former client. The call was from the second generation of a family he and his father had worked with, and they had a question: Would Livengood Excavators do the site work on a new drive-in theater the family was building, which was going […]
July 14, 2017
Business
Construction is driven by people, not machines
Certain themes repeat themselves when we talk to contractors: The 20-hour days to get a construction company started … and to keep it going. The great financial risks for miniscule margins. The inherent joy of building something. But the most prevalent comment we hear from contractors concerns their people. “We couldn’t do this without the […]
July 13, 2017
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