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Business: Page 107
Business
Latest round of Caterpillar layoffs hits Pontiac fuel systems plant
After laying off nearly 200 workers at its East Peoria plant last month, Caterpillar has announced another wave of cuts, this time at its Pontiac, Michigan, plant. According to a report from the Peoria Journal Star, Cat will place 35 full-time employees at the plant, which manufactures fuel systems, on indefinite layoff and will fire another 10 […]
July 8, 2015
Business
Striking concrete workers halt work at 30 NYC construction sites
Concrete workers belonging to the New York City District Council of Carpenters have gone on strike, bringing work to a halt at an estimated 30 jobsites around the city. According to a report from Crain’s New York Business, the strike is the result of the ending of a collective bargaining agreement between the council and the Cement […]
July 3, 2015
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June 27, 2025
Business
U.S. construction spending continues climb; up 0.8% in May
Nonresidential projects again led to a sizable gain in U.S. construction spending during May, according to preliminary estimates from the Commerce Department. Spending rose to a seasonally adjusted annual rate of $1.035 trillion, the highest figure since October 2008 and an increase of 8.2 percent over May 2014. Total residential construction spending rose 0.3 percent to a rate of $366 billion […]
July 2, 2015
Business
New Holland taps Lieberman as new VP of North America
Bret Lieberman, a 25-year veteran of CNH Industrial is the next vice president for North America at New Holland equipment. “I am excited for this new opportunity to lead the brand as I have spent a significant portion of my career here on the New Holland campus,” Lieberman said in a statement. “I deeply understand the […]
July 2, 2015
Business
Refocused by military service, New Jersey contractor rebuild’s company culture, transforms his business
While most people deal with work as one of life’s harsh necessities, Jason Ciavarro not only puts in the hours, he relishes them. “Work is where I find my joy and passion,” he says with a smile from the end of a conference room table at the offices of Supreme Metro Corporation in South Plainfield, New Jersey, office. […]
July 2, 2015
Business
New Labor Dept. regs require employers to pay overtime to additional 5 million workers
In an op-ed published by the Huffington Post, President Obama revealed his administration’s plan to raise the wages of millions of American workers through new Labor Department regulations. “We’ve got to keep making sure hard work is rewarded. Right now, too many Americans are working long days for less pay than they deserve,” Obama wrote. “That’s […]
July 1, 2015
Business
Liebherr to take over production of Claas Scorpion ag telehandlers under new deal
Under a new agreement between the two companies, Liebherr will begin manufacturing the Scorpion agricultural telehandlers for fellow European manufacturer Claas in 2018. Liebherr will take over manufacturing of the Scorpion from Kramer-Werke, a subsidiary of Wacker Neuson. Kramer and Claas have announced their partnership will conclude at the end of 2017. Kramer has manufactured the […]
June 30, 2015
Business
Carolina Cat Power Systems completes construction of 10-acre solar farm
The construction of a 10-acre solar farm, led by Carolina Cat Power Systems, is nearing completion. Scheduled to open within the next few days, the farm, located in the city of Shelby, will contain 9,828 solar panels. The farm will be capable of producing 3 megawatts of electricity—enough to power about 250 homes. Duke Energy […]
June 30, 2015
Roadbuilding
Illinois DOT chief meets with group to discuss lack of minority contractors hired
An Illinois group recently met with Illinois Transportation Secretary Randall Blankenhorn to discuss the lack of minorities hired for construction contracts. KWQC reported that the group, led by the Rev. Dwight Ford of Grace City Church in Moline, is tied to a monthly meeting called “Critical Mass” where community members discus challenges and specifically the few […]
June 30, 2015
Business
Is the golden age of underground construction upon us?
During the Great Recession, one phrase reached cliché status: “this is the new normal.” In other words, suck it up, things will never be as good as they once were. Get used to diminished returns and don’t dwell on what used to be. So it tends to give you pause when Chris Daum, senior managing […]
June 25, 2015
Business
John Deere to call back some laid off workers to Waterloo plant
John Deere has announced that it will ask between 50 and 60 workers laid off earlier this year at its Waterloo, Iowa, plant  back to work. According to a report from the Waterloo Cedar Falls Courier, the callbacks will be made based on seniority and many of the workers receiving calls are likely working at other Deere […]
June 25, 2015
Business
Low-viscosity oils are only the beginning; new EPA diesel fuel economy rules will significantly impact your future
Earlier in June, Shell Lubricants went into great detail telling journalists about how the soon-to-come, low-viscosity diesel lube oil category will help heavy duty trucks improve fuel economy by roughly one percent. And while a one percent improvement in fuel economy may not get those of you in the heavy construction business too excited, another […]
June 24, 2015
Business
Caterpillar to lay off another 170 workers at East Peoria plant
Caterpillar has announced it will lay off an additional 170 workers at its East Peoria, Illinois, plant where the company manufactures mining and construction equipment. According to a report from Peoria Journal Star, the company announced the layoffs in consecutive weeks. A cut of 120 workers from the plant was announced last week and the reduction […]
June 24, 2015
Dealers
JCB, Douglas Dynamics earn honors; Kenworth, Fecon add locations in the latest Dealer and Manufacturing News Roundup
Skyjack machines tee up for charity in Miami Skyjack scissor lifts and booms were on hand at the BEA and Action Rentals’ Second Annual Golf Tournament, held on March 16 in Miami. The daylong event, held at Miami International Links in the Melreese Country Club, included golfing and a silent auction. This was Skyjack’s second […]
June 23, 2015
Roadbuilding
Contractors face charges for defrauding PennDOT’s female/minority-owned business program
The top executives at a Pennsylvania highway construction company are facing charges they defrauded the U.S. Department of Transportation to the tune of about $18.7 million. A federal court levied conspiracy to commit wire fraud charges on Carl M. Weber Steel Service, its president Dennis Weber and vice president Dale Weber on June 16, according to […]
June 22, 2015
Business
Nashville may soon require contractors to hire significantly more local workers on metro projects
An amendment that will be presented to Nashville voters in August is drawing the ire of some members of the local construction industry there. According to a report from Nashville Public Radio, the proposed amendment would require construction companies contracted by the city to ensure that 40 percent of all worker hours on major projects […]
June 19, 2015
Business
NYC’s Nordstrom Tower will at least have the tallest roof in the U.S.
Following up a May report, New York Yimby has uncovered documents that confirm the Nordstrom Tower will become the tallest building in the U.S.—the tallest roof, at least. Citing documents recently submitted to the city, Yimby reports the supertall Nordstrom building being built at 217 West 57th Street will top out at 1,522 feet with 95 […]
June 18, 2015
Business
Home starts tumble 11.1 percent in May following April’s big jump
Large ups and downs in the rate of new home construction have become somewhat of a trend halfway through the year as U.S. home starts fell 11.1 percent following the largest monthly gain in 24 years in April. Home builders began construction on homes at a rate of 1.036 million in May, according to preliminary data […]
June 16, 2015
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