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Business: Page 117
Business
VP of New York construction firm charged with embezzling $266k in fuel, vehicles, supplies and labor
The vice president of a Syracuse, New York, construction firm who rose through the ranks in 13 years with the company, has been charged with embezzling more than $266,000. According to a report from the Syracuse Post-Standard, police have charged John M. Rubar, 44, with second-degree grand larceny. A police investigation found that Rubar had been […]
October 13, 2014
Dealers
Construction equipment dealer in San Antonio admits to bribing county officials, faces up to 10 years in prison
A construction equipment dealer in San Antonio faces up to 10 years in prison after admitting to bribing Maverick County, Texas, officials. German Garcia Cano, 54, appeared in federal court Thursday afternoon and pleaded guilty to one count of paying a bribe to an agent of an organization receiving federal funds, according to an announcement […]
October 10, 2014
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June 27, 2025
Business
Thieves are plundering the world’s beaches for sand as global demand for concrete grows
Once-beautiful beaches in many parts of the world are losing their most distinctive feature at an alarming rate due to a rising demand for concrete. According to a report from German publication Der Spiegel, men and women outfitted with only shovels and buckets are plundering beaches in Senegal, Kenya, New Zealand, Jamaica and Morocco for their […]
October 9, 2014
Business
Hiring an accounting firm can save your construction company money. Here’s how to find the right one
Since many construction companies start out as just one guy with a truck and a piece of equipment or two, sometimes obtaining professional help such as accountants doesn’t come into play until much later. Still, having the advice of a good CPA is crucial, says Denise Bendele, a partner with Texas-based Padgett Stratemann, a CPA […]
October 6, 2014
Business
Police bust crime ring’s year-long spree of construction site burglaries in Pennsylvania
Several police departments in southwestern Pennsylvania worked together in bringing down a crime ring that had been stealing materials and appliances from construction jobsites in the area for more than a year. Police arrested Charles Fey, 35; Dwanye Vargo, 35; Dennis Vargo, 37, and Darius Sheplar, 37, according to a report from the Pittsburgh Post-Gazette. With […]
October 3, 2014
Business
John Deere names Max Guinn next president of Construction & Forestry equipment
John Deere has named Max A. Guinn as the next president of its Worldwide Construction & Forestry equipment division. Guinn, who is currently the senior vice president of human relations, communications, public affairs and labor relations at Deere, was also named president of the company’s Labor Relations and Security division. The move comes as part […]
October 2, 2014
Business
Construction critical to growth of unconventional energy market
Construction is a key player throughout the “unconventional” oil and gas supply chain, according to a just-released study by the Energy Equipment Infrastructure Alliance, and conducted by IHS Global Insight. The industry is one of five critical economic sectors when it comes to the unconventional energy market, defined as oil and gas extracted by horizontal […]
October 1, 2014
Business
Construction spending dips 0.8% in August due to fall in nonresidential
U.S. construction spending saw its second dip of the year in August, falling 0.8 percent. Spending was at a seasonally adjusted annual rate of $961 billion in August, according to preliminary estimates in a report from the Commerce Department. In addition to August’s dip, the report revised downward the rates for the previous two months […]
October 1, 2014
Success Stories
Impressive level of quality combined with a passion for his people keep Dallas contractor at the top of his field
After Vern Larman returned to the Dallas area from a two-year stint as a missionary in Bolivia, he found he had a passion and expertise for excavation. During his five years working for a pool excavation contractor he learned to master the excavator to become the company’s most profitable crew member. As his experience grew, […]
October 1, 2014
Business
It’s time for contractors to start financial planning for 2015. Here are 3 tips to get you started
Now that the construction busy season is winding down, it’s time to turn your attention to those housekeeping tasks you need to do each year in the fourth quarter. You need to step back and take a critical look at your company in preparation for planning for 2015. Not sure what to do? Here are […]
September 29, 2014
Business
PCA forecasts steady growth for cement consumption through 2016 as construction activity increases
According to the latest forecast from the Portland Cement Association (PCA), cement consumption in the U.S. will see steady gains over the next three years. As far back as the World of Concrete show in January and again in the Spring, PCA chief economist Ed Sullivan has forecasted 8-percent growth in cement consumption and that […]
September 25, 2014
Business
Ohio DOT’s first P3 construction project will be largest in state’s history
The Portsmouth Gateway Group is set to begin building the largest single construction project the Ohio Department of Transportation (ODOT) has ever seen. According to a news release from the ODOT, construction won’t be cheap—it’ll cost around $429 million to construct the entire Portsmouth Bypass, which is a 16-mile, four-lane limited access highway from U.S. 23 north […]
September 24, 2014
Business
New ARTBA awards program to honor construction firms who serve their communities
Construction firms intent on giving back to their communities may now be honored for their good works. The Transportation Development Foundation, an American Road and Transportation Builders Association foundation that promotes research, education and public awareness, is launching the Helping Hand Awards, which recognizes transportation design, construction and safety firms that improve the quality of […]
September 19, 2014
Business
Home starts dive 14.4% in August but homebuilder confidence rises to nearly 9-year high
Another down month in August continued what has been a very up-and-down year for construction of new homes in the U.S., largely thanks to the volatility of new apartment starts. Despite the drop, homebuilder confidence in the market rose to its highest reading since November 2005. Following a gain of 8.6 percent in July, home […]
September 18, 2014
Business
Road builders, construction groups oppose bill to lower gas tax, surrender federal highway authority to states
Construction groups and transportation interests have written Congress to express opposition to the so-called “devolution” of the federal highway program and the proposed Transportation Empowerment Act. The bill, introduced in the House and Senate last fall, transfers almost all authority over federal highway and transit programs to the states over a five-year period. It would […]
September 18, 2014
Business
3 tips for boosting employee relations at your construction company
For construction company owners and supervisors, managing a team can be tricky. Often there’s a distinct separation between “in the field” and “in the office”—a situation that can create opportunities for miscommunication and a sense of isolation. This doesn’t mean you’re treating your employees poorly. Even if you treat them quite well, keeping employee relations […]
September 17, 2014
Business
BlueLine Rental acquires Alabama’s JustRuss Rental
BlueLine Rental, formerly Volvo rents,  is growing its presence in the state of Alabama. The small- to medium-sized construction rental equipment provider announced the acquisition of JustRuss Rental Inc. JustRuss is a full-service equipment rental company with three locations in Alabama. Terms of the deal were not disclosed. BlueLine CEO Phil Hobson said the deal […]
September 17, 2014
Business
Is construction “dead in the water”? Greenspan comment highlights industry’s mixed feelings about recovery
Despite many positives in the industry right now, Alan Greenspan is pointing a finger of blame in construction’s direction. According to a report from Bloomberg, Greenspan, who served as chairman of the Federal Reserve between 1987 and 2006, said Tuesday the U.S. economic rebound from the recession that ended five years ago has been held […]
September 10, 2014
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