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Business: Page 121
Business
It’s time for contractors to turn the tables on Angie’s List with a website that rates clients
A lot of contractors in the residential arena are steamed about the website Angie’s List, where homeowners can rate contractors on the quality of their work. A bad review can shoot holes in a contractor’s marketing plan no matter how unfair or wrongheaded the reviewer. The home building magazines are full of articles on how […]
August 27, 2014
Business
Vermeer names third-generation family member Jason Andringa incoming president, CEO
Vermeer Corporation has named Jason Andringa incoming president and CEO, taking over the position from his mother, Mary Vermeer Andringa, and continuing the Vermeer family’s leadership of the company into the third generation. The transition will be fully effective on Nov. 1, 2015. On Nov. 1 this year, Jason will assume the role of president […]
August 26, 2014
Sponsor Content
How to Identify Damaged OTR Tires
Maxam Tire North America
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February 1, 2025
Business
These 3 changes to your day-to-day will make you a more productive worker on the construction jobsite
“Work smarter, not harder.” How many times have you seen that quote? Over time, the idea that your best performance is a result of how you work, not how long you work, has become widely accepted. Studies have shown that the last employee to leave each day isn’t necessarily the hardest worker; they may simply […]
August 25, 2014
Business
Construction spending booming to record highs in Minneapolis
The city of Minneapolis has issued a combined $1.2 billion in commercial and residential building permits so far this year and is on pace to break $2 billion by the end of the year, according to a report from The Star Tribune. That $1.2 billion mark the city sits at now is the same amount […]
August 25, 2014
Business
Recent toll road poll proves nothing; private financing of public roads is still a bad idea
The Reason Foundation and the Alliance for Toll-Free Interstates recently traded jabs over a poll that purports to show Americans prefer toll roads as a solution to our declining transportation infrastructure. Not unexpectedly, the Reason-Rupe Poll  found favor with Reason’s longstanding position advocating toll roads. The Alliance shot back with a press release citing a […]
August 22, 2014
Business
Master the art and science of telematics (and get inspired too)
If you’re trying to learn as much as you can about telematics you won’t want to miss the closing keynote speaker for the Association of Equipment Management Professionals 2014 Asset Management Symposium. Christopher Rezendes, president of Inex Advisors, will talk about the emergence of the “Internet of Things,” the worldwide deployment of tiny devices that […]
August 20, 2014
Business
Nonresidential construction starts fall 19.5% during July as builder outlook shrinks due to increased labor, materials costs
Following an “exceptionally strong” June, the dollar value of nonresidential construction starts fell 19.5 percent during July, according to data gathered by Reed Construction Data. “A surge of project authorizations at the beginning of summer has been followed by a significant retreat,” says Reed chief economist Alex Carrick. “The latest month was a return to […]
August 20, 2014
Business
Home starts jump 15.7% in July as builder confidence strengthens
It would appear that despite a couple of rough months, homebuilder confidence in the U.S. housing market was not misplaced. Following two months of decreases, construction on new homes in the U.S. made up quite a bit of ground in July, rising to the second highest level this year. Home starts rose 15.7 percent last […]
August 19, 2014
Business
Swift change in Ferguson a lesson in leadership: America needs more Andy Griffiths, fewer Jack Bauers
If you blinked you missed it, but yesterday Missouri Governor Jay Nixon gave the country one of the finest examples of leadership we have seen in a long time. If you run a business or any large organization where conflict occurs, it was a valuable learning moment. Nixon traveled to Ferguson, Missouri and put an […]
August 15, 2014
Business
Briggs & Stratton to acquire Allmand Bros. for $62 million
Briggs & Stratton announced today it will acquire Allmand Bros, manufacturer of towable light towers, industrial heaters and solar LED arrow boards. The Holdredge, Nebraska-based Allmand has sales of about $80 million, according to Briggs & Stratton, which will acquire all outstanding Allmand shares for $62 million in cash. The transaction is expected to close […]
August 14, 2014
Business
John Deere cuts outlook as low demand for farm equipment drops profit 14% in 3Q
Despite improving performance from its construction and forestry equipment division, John Deere reported a second-straight quarter of declines in profit and sales as the company continues to deal with a lower demand for farm equipment. Construction and forestry equipment sales shot up 19 percent to $1.75 billion with operating profit soaring 81 percent to $194 […]
August 13, 2014
Business
Bursting bubble of big tobacco financing gives glimpse of road building’s future without a gas tax increase
Last week I wrote about how states that engage in public-private partnerships (P3s) and other types of debt and bond financing would create short term gains and long term disaster for the road building industry. This weekend I read an article on ProPublica, an independent journalism site, that shows how the exact same thing—only using […]
August 12, 2014
Business
ARA: U.S. equipment rental will grow 7.6% in 2014, exceed $51 billion in 2018
U.S. total equipment rental revenue will grow 7.6 percent this year, reaching $35.8 billion, but the American Rental Association is even more bullish about rental in the coming four years. ARA says rental revenue will grow 10.5 percent in 2015, reaching $39.6 billion; another 10.2 percent in 2016, reaching $43.6 billion; 8.9 percent in 2017 […]
August 12, 2014
Business
Workforce development program gives teens a small paid job with classroom time; could be model for construction industry
The Wall Street Journal had an interesting article Thursday describing how a wire factory in Georgia employed high school kids during the summer to help develop their work skills and improve their attitudes and academic performance. The program has the kids do fairly simple tasks in the factory for pay four hours a day and […]
August 11, 2014
Business
PHOTOS: Tour John Deere world HQ; an engineering feat not unlike the company’s equipment
[imagebrowser id=117] In 1958 Deere & Company’s board of directors approving a radical and forward thinking design for it’s new Administrative Center, now the company’s world headquarters and one of the Midwest’s top architectural landmarks. The building, which opened in 1964, was the brainchild of William Hewitt, Deere’s president at the time, and the world-renowned […]
August 7, 2014
Business
What it’s like to work at Bobcat: New office gives equipment giant a tech startup feel (PHOTOS)
No. 12 Story in 2014 « No. 13 No. 11 » [imagebrowser id=118] Taking cues from several tech companies, including Microsoft, Google and Sundog, Bobcat opened its $28 million Acceleration Center in Bismarck this week, designed to promote “chance encounters” among its employees, and in the process create a facility unique in the construction equipment […]
August 7, 2014
Roadbuilding
Why Construction Delays Cost Money
Contractor makes claim against Army Corps of Engineers for delay damages.
August 6, 2014
Business
What contractors can learn from the fast-food business
One of America’s unique talents is a genius for logistics. We practically invented the concept and have put it to use doing more work in less time with better results in everything from overnight deliveries to fast food. A few months ago I pulled into the parking lot of a Chick-fil-A restaurant at noon. As […]
August 6, 2014
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