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Business: Page 124
Business
Burning buildings, collapsing freeways: Is our lousy education system to blame for the recent uptick in construction accidents?
Lately there’s been a rash of fires, collapses and accidents at projects “under construction,” all over the country. Here are just three of the more spectacular examples. March, Boston:. A 33-story apartment building under construction pancakes in Boston when a load up top causes the support under it to buckle. April, Des Moines, Iowa: A three […]
May 9, 2014
Business
Senators to release long term highway bill on Monday, markup set for Thursday
U.S. senators from the Environment and Public Works and Transportation and Infrastructure committees have announced that they will release the text of their new highway bill on Monday with a markup of the bill coming Thursday. Chairman of the EPW committee, Sen. Barbara Boxer (D-California) previously said she wanted to release the bill’s text this week, but […]
May 9, 2014
Sponsor Content
How to Identify Damaged OTR Tires
Maxam Tire North America
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February 1, 2025
Business
Aerial Work Platform sales propel Terex to profit in 1Q
Despite flat sales, Terex announced increased first quarter earnings thanks to the continued success of its Aerial Work Platform segment. Net sales were at $1.6 billion for the quarter, unchanged from the first quarter of 2013. Profit increased 69 percent to $32.6 million, or 28 cents per share. “We remain encouraged by the performance of […]
May 9, 2014
Business
Lawsuit alleges Caterpillar hid defects in 2007-2010 engines from buyers
Nearly 10 class-action lawsuits have been filed against Caterpillar claiming that its 2007-2010 year model ACERT C13 and C15 engines were defective—driving up costs for owners and driving down resale value—and that the company concealed the information from buyers and owners. The lawsuits—the most recent of which was filed April 30—stem from Caterpillar’s emissions controls […]
May 8, 2014
Business
CNH Industrial profit falls 33% in 1Q due to softer agriculture equipment demand
CNH Industrial, makers of the Case Construction and New Holland equipment brands, reported flat revenues during the first quarter of the year with a big decrease in profit due to softer sales of farming equipment. Revenues totaled $7.5 billion during the first quarter, down 0.1 percent from the first quarter of 2013. Net sales fell […]
May 8, 2014
Business
Floor addition under construction collapses from top of mall in Minneapolis
The collapse of a third-floor addition under construction at a mall in Minneapolis to the sidewalk below resulted in no injuries Tuesday, but shut down several businesses and knocked out electricity in the neighborhood. On Monday, construction workers were installing trusses to support a wall. One of the trusses on the end of the wall […]
May 8, 2014
Roadbuilding
Put It In Writing
Claims against the Georgia DOT for increased material costs are denied due to failure to comply with claim-notice requirements.
May 7, 2014
Business
Komatsu sees profit jump 26% in FY 2013, but expects less demand in coming year
Komatsu says an increase in demand for construction equipment in Japan, China and other regions offset a low demand for mining equipment during fiscal year 2013 adding up to increases in sales and profit for the company. Nonetheless, the has lower expectations for 2014. For the fiscal year ending March 31, the company reported net […]
May 7, 2014
Business
Colorado contractors say “huge shortage of tradesmen” is severely impacting business
Contractors in Colorado say that while there is plenty of work to go around, they are falling behind on jobs they have while unable to take on new jobs due to a serious shortage of skilled workers in the state. Doug Dohn of Dohn Construction in Fort Collins told the Coloradoan that none of his current […]
May 7, 2014
Roadbuilding
Size Matters in Mix Grades and Aggregate Shapes
Whether it’s dense-graded, open-graded or gap-graded mix or stone-matrix asphalt, don’t forget their impact on compaction.
May 6, 2014
Business
Perkins delves into resale issue of Tier 4 engines into lower regulated countries, details Tier 4 Final approach
Using the occasion of producing its 20th million engine, Perkins delved further into its previously announced Tier 4 Final approach during a press event last week, including how it will accommodate the resale of Tier 4 engines into lower regulated countries. The company also offered a look at the process it uses to customize engines, […]
May 5, 2014
Business
How to develop a custom safety program at your construction company
There are many small contractors out there looking for safety training information on a daily basis, which leads one to believe their company safety programs might not be as up-to-date as they would like. If you’re using an inadequate or outdated program, it’s time to step up and develop your own—one that’s specific to your […]
May 5, 2014
Business
EPA opens applications for DERA grants, drastically cuts emissions reduction program to $9 million
Government fleets will have to make due with drastically reduced funding for diesel emissions reduction grants, as the Environmental Protection Agency has only set aside $9 million this year as opposed to $20 million last year. Starting today, the EPA is accepting applications for its latest round of Diesel Emissions Reductions Act (DERA) grants, part of […]
May 2, 2014
Business
Construction adds 32,000 jobs in April, unemployment rate drops again
Showing signs of momentum after a slowdown from the harsh winter weather seen at the start of the year, the U.S. construction industry saw its largest gain in jobs since the start of the year. The industry added 32,000 jobs in April marking the fourth straight month of gains. The total number of jobs in […]
May 2, 2014
Business
Jobsite shootout erupts in Texas when foreman returns fire from disgruntled construction worker
Police in Austin, Texas say a man recently fired from a construction project returned to the jobsite Wednesday and opened fire, sparking a shootout that left both he and the site foreman injured. The shooting occurred just before noon on Wednesday, according to a report from KXAN TV, and began when the disgruntled worker began […]
May 2, 2014
Business
Despite being among the only jobs that can’t be outsourced, U.S. is largely blind to construction industry’s worth
The Wall Street Journal recently published an article about the need for more apprenticeships. Sure enough, it contained a misconception common to just about everything you read in the media about construction in this country today. Author Lauren Weber opened with the statement nobody questions, that more apprenticeships are needed to fill the skills gap. […]
May 1, 2014
Business
Construction spending up 0.2% in March as homebuilding hits highest pace in nearly 6 years
U.S. construction spending was up slightly in March due mainly to increases in private residential construction, now at its highest rate in nearly six years. Total spending rose in March to a seasonally adjusted annual rate of $942.5 billion, up 0.2 percent from the revised February figure of $940.7 billion. Due to the revision of […]
May 1, 2014
Contractor of the Year
Reputation built upon speed, technology and old school skills makes Jeremy Hiltz our 2014 Contractor of the Year
Although Jeremy Hiltz started his own company in 1996, his roots in construction go much deeper. When he was just five years old he would get up early, creep downstairs, grab his lunch pail and wait for his dad by the door, hoping to get a ride to the jobsite. “I was pretty low maintenance,” […]
May 1, 2014
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