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Business: Page 109
Business
Hard Hat High: How to protect your construction company from substance abuse (PART 2)
Editor’s Note: This is part two of a two-part series. To read part one, click here. There is a story still told in the Savannah, Georgia, business community about the time equipment manufacturer JCB held a job fair for prospective employees. When the eager prospects assembled in the company’s new glass foyer were informed that […]
April 3, 2017
Business
Construction spending up 0.8% in February
U.S. construction spending rose 0.8 percent in February on gains in the residential market. Total spending rose to a seasonally adjusted annual rate of $1.2 trillion, a 3-percent improvement over the year-ago figure, according to preliminary data from the Commerce Department. Private homebuilding rose 1.8 percent during the month to a rate of $485 billion and […]
April 3, 2017
Sponsor Content
Choosing The Right Tire and Track Patterns for Maximum Productivity
Maxam Tire North America
July 7, 2026
Roadbuilding
Dynapac NA names Larranaga as VP of finance & administration
Dynapac North America has named Shellie Larranaga as vice president of finance and administration for the road construction equipment company. She begins her new position April 1, and will be responsible for “building and adapting” business practices for operations in the U.S., Canada, Mexico, Central America and the Caribbean. She previously served as vice president […]
March 24, 2017
Dealers
With shift in contractor demand, rent-to-rent should be part of every equipment dealer’s mix
In the early 2000s, an Associated Equipment Dealers (AED) meeting featured a contractor panel where the moderator delved into the then relatively-new, much-discussed topic of rentals. When one of the contractors on the panel declared, “I don’t rent,” my jaw dropped at the response by some dealers in the audience: they clapped. Another AED meeting, […]
March 21, 2017
Dealers
Ritchie Bros. breaks record at Fort Worth auction with more than $75 million in sales
Ritchie Bros. reports its Fort Worth, Texas, auction March 15-16 broke records for the location in sales, number of bidders, sellers and lots. The company reports sales of more than $75 million, 5,675 online and in-person bidders, and more than 6,250 pieces of equipment and trucks sold. Ninety-two percent of the purchase value ($69 million) […]
March 20, 2017
Business
Chris Ryan inducted into AEMP Hall of Fame
Anybody who has been around the Association of Equipment Management Professionals in the past three decades probably knows Chris Ryan, if for no other reason than his enormous moustache. But Ryan is also well known for the leadership role he’s taken in everything from the group’s board of directors and executive committee to his role […]
March 16, 2017
Dealers
Caterpillar, Holt Cat investment arms award funding to 3 industrial startups at SXSW
Holt Ventures, the investment arm of dealer Holt Caterpillar, along with Caterpillar Ventures, Brick & Mortar Ventures and Cottonwood Technology Fund, selected three winners in the Industrial Technology Pitch Competition held at the South by Southwest Startup Village March 14 in Austin, Texas. The group of investment firms held the competition to find award startups […]
March 15, 2017
Dealers
Rental Show 2017 sees highest attendance in more than a decade
The 2017 Rental Show, held in Orlando, had its highest total attendance since 2006 at 11,648. The show also and had nearly 6,300 rental business attendees, also the highest number since 2006, according to the American Rental Association (ARA), which puts on the show. Extending to 16 years, the number of rental business represented by attendees, at […]
March 14, 2017
Business
South Carolina’s Chipley Company named 2017 Contractor of the Year
Roy Chipley, owner of the Chipley Company in Florence, South Carolina, was named Equipment World’s 2017 Contractor of the Year at ceremonies in Las Vegas on Saturday. In 1995, Chipley walked away from from a successful career with Lockheed Martin—where he worked on space shuttle missions with NASA and later asset deployment with the Defense Department—to […]
March 13, 2017
Roadbuilding
Acrete is a new concrete made from fly ash engineered to be lighter, stronger
Jinhong Zhang, an associate professor of mining and geological engineering at the University of Arizona’s (UA) College of Engineering, has developed a substitute for concrete, according to a university press release. The new material is made almost completely from fly ash and is said to be lighter, stronger and less expensive to produce than concrete. “Once the […]
March 6, 2017
Business
Construction spending falls 1% in January
U.S. construction spending fell 1 percent in January as residential gains weren’t enough to offset drops in nonresidential and government spending. Spending fell to a seasonally adjusted annual rate of $1.2 trillion in January but remains up 3.1 percent over the January 2016 total, according to preliminary data from the Commerce Department. Private homebuilding rose […]
March 2, 2017
Contractor of the Year
Virginia’s JBR Inc. combines a lifetime of construction experience with expert consulting
When Jack Bailey was a boy, his father took him to a piece of property he had bought and sold, tripling his money in only 90 days. “He said, ‘Son get out of construction. Development is where the money is at,’” as Bailey recalls. The boy listened, but the man has been unable to pull […]
February 22, 2017
Dealers
Business Roundup: McCann Industries turns 50; dealer social media tips; home starts drop; tech a must for contractors; Bieller to lead Dynapac
McCann Industries marks 50 years as heavy equipment dealer This year McCann Industries is celebrating 50 years as a heavy equipment dealer and contractor supplies source serving Illinois and Indiana. The Addison, Illinois, company was founded as McCann Construction Specialties in 1967 by Richard McCann in Villa Park, Illinois. Richard’s Son, Jim, is the current president and CEO and […]
February 20, 2017
Business
Hard Hat High: How substance abuse endangers construction workers, hurts recruiting and threatens your bottom line (PART 1)
Editor’s Note: This is the first in a two-part series. To read part two, click here. Part 1: The scope of the problem It’s a story that received national headlines. On June 5, 2013, equipment operator Sean Benschop maneuvered an 18-ton excavator toward a four-story brick building slated for demolition in Philadelphia, Pennsylvania. But in […]
February 20, 2017
Business
Alexander Acosta is President Trump’s new nomination for Secretary of Labor
Less than 24 hours after Andrew Puzder withdrew his nomination as Secretary of Labor, President Trump announced the nomination of Alexander Acosta to fill the position during a press conference at the White House, saying, “I think he’ll be a tremendous Secretary of Labor,” The Hill reports. Acosta is a Republican and served on the National Labor […]
February 17, 2017
Business
Home starts drop in January as multi-family units settle from surge
The start of construction on new homes in the U.S. fell during January due to a drop in multi-family units. Total home starts fell 2.6 percent to a seasonally adjusted annual rate of 1.246 million but remain up 10.5 percent over the January 2016 rate, according to preliminary data from the Commerce Department. This latest data […]
February 16, 2017
Dealers
Business Roundup: CNH Industrial financials; reaction to Cat HQ move; construction jobs added; Volvo Trucks top N.A. dealer; H&E adds branch
H&E Equipment Services opens new branch in Beaumont, Texas H&E Equipment Services, based in Baton Rouge, Louisiana, has opened a new branch in Beaumont, Texas, bringing its total number of locations across the country to 78. The new site joins neighboring branches in Houston, Texas, and Lake Charles, Louisiana, the company says. “As we focus […]
February 13, 2017
Business
Adapt or Die: Future of construction will require contractors to embrace technology
Kiewit is known as one of the country’s top construction firms. What is less well known is that they’ve diversified into software development. InEight is the company’s wholly owned subsidiary and offers HD Suite a group of software programs covering the gamut of back office and field solutions for all sizes of companies in the […]
February 10, 2017
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