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Business: Page 127
Business
Senators reach bipartisan agreement on plan for long-term highway bill
Sen. Barbara Boxer said Thursday that she and three other top transportation committee senators have “reached an agreement in principle on a transportation bill.” During a press conference, Boxer, who is chairman of the Senate Environment and Public Works Committee, — along with EPW ranking member David Vitter, Transportation Infrastructure Subcommittee chairman Tom Carper and […]
April 11, 2014
Business
North Dakota oil boom causes huge demand for construction workers, hiring difficulty for South Dakota contractors
The oil boom that has pulled in construction workers and contractors from across the country to the sparsely-populated state of North Dakota has led to a building boom that now requires even more workers. The huge population growth for the state has created a demand for new government buildings, schools, hospitals recreation centers and more […]
April 10, 2014
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Business
Americans would rather pay more taxes to fund infrastructure over national defense or health care
If given the choice, more Americans would be willing to designate taxes to infrastructure than to national defense or health care, according to the results of an April 2014 Reason-Rupe poll. Released last week, the survey results feature telephone responses from 1,003 adults throughout the U.S. who answered questions on a variety of topics, including […]
April 10, 2014
Business
Three-alarm blaze does $2 million in damage at Anaheim construction site
In Anaheim, California 88 firefighters fought for more than an hour to contain a three-alarm fire at an apartment complex construction site. The fire, which did not spread to surrounding structures, gutted the building, dealing $2 million worth of damage, according to a report from the Orange County Register. The building is one of several […]
April 9, 2014
Business
Mailbag: Readers add criticisms, more advice for contractors and newbies looking for success in the construction business
We received quite a response from a couple of recent editorials, “The newbie’s guide to surviving your first week in construction,” and “The six habits of highly successful construction company owners.” So we thought we should share some of the additional ideas and suggestions we received via email from our readers—both the praise and the […]
April 8, 2014
Business
Alabama backs dual enrollment for high school students to boost skilled workforce
Alabama Gov. Robert Bentley recently detailed a plan he hopes will increase the number of skilled workers in the state by allowing high school students to learn a trade before they graduate. During an Alabama Associated General Contractors of America meeting outside Birmingham, Bentley said the state needs more skilled workers, according to a report […]
April 7, 2014
Business
Rise in unemployment snapped as construction industry adds 19,000 jobs in March
The U.S. construction industry added 19,000 jobs in March, the third straight month of gains and a welcome sign as demand continues to grow. March’s gains bring the total number of Americans employed by the industry to 5.964 million, according to preliminary data from the Bureau of Labor Statistics. That figure is 2.5 percent higher […]
April 4, 2014
Business
Fort Hood shooting shows why kinship is key to great leadership
I spent the early part of this week writing about our 2014 Contractor of the Year for the May issue of Equipment World. So when the news came that a troubled young soldier opened fire at Fort Hood on Wednesday, killing three people before taking his own life, I couldn’t help but note the contrast […]
April 4, 2014
Dealers
Bobcat, Sany add locations, ICP recruits for Lonking in this week’s Dealer News Roundup
Welcome to the Dealer News Roundup, your one-stop shop for all the moves going on inside the heavy equipment distributor industry. We post a new edition just about every week with news on hires, promotions, new locations and expansions. Check back for a new edition every week! Bobcat adds new authorized dealer in Iowa, Wyoming […]
April 4, 2014
Business
Technology is still not a top priority for most construction firms, but improving economy could change that (INFOGRAPHIC)
A recent survey indicates that while technology is not a top priority for the majority of construction firms in North America, that may change as the economy and industry continue to rebound. Sage Construction & Real Estate’s new survey found that half of the 838 construction companies it surveyed in the U.S. and Canada spent […]
April 3, 2014
Business
Joplin, Missouri has seen more than $1 billion in construction since devastating tornado
In the wake of the EF-5 tornado that devastated the community of Joplin, Missouri on the afternoon of May 22, 2011, it was hard for most to know where to begin in order to dig out of the destruction. The storm killed 158 people and changed the look and feel of the city forever. But […]
April 3, 2014
Business
Mike Rowe’s “I am a Woodshop” supports protesting students whose building trades class was cut
Recently, TV star and former host of Dirty Jobs Mike Rowe gave some national attention to a story that likely wouldn’t have made it out of the small Illinois town it originated in. The school district over Ottawa Township High School recently cut its building trades class and fired the instructor of the program, according to a […]
April 2, 2014
Business
“Netflix model” for online construction safety training makes implementing programs a no-brainer
Efforts to reduce construction accidents and injuries are slowly but surely having an effect, as each year OSHA’s tally of construction-related fatalities drops in number. Perhaps it’s a matter of more construction company owners taking a proactive approach to safety—a simple attitude adjustment considering today’s easier access to a wide variety of safety training materials. […]
April 2, 2014
Business
Republican Senators turn tables on investigation in vocal defense of Caterpillar during tax hearing
Though a U.S. Senate report written by Michigan Democrat Sen. Carl Levin concluded that Caterpillar had done nothing illegal in offshore tax strategy, most expected a Tuesday hearing before the Permanent Subcommittee on Investigations to amount to a prolonged scolding for Cat and its financial adviser PricewaterhouseCoopers LLP. In the end, it was more of a fair […]
April 1, 2014
Business
CNH Industrial taps Leica Geosystems to provide machine control solutions for Case, New Holland equipment
CNH Industrial announced this morning that it has chosen Leica Geosystems to provide its construction equipment brands with machine control. Leica will provide both factory-installed and aftermarket machine control solutions for Case and New Holland Construction excavators, dozers and graders. Eventually, Leica will provide machine control to the entire CNH Industrial lineup. According to the […]
April 1, 2014
Business
Homebuilding declines but construction spending up 0.1% in February
Construction spending in the U.S. ticked up 0.1 percent in February despite a decline in homebuilding, according to preliminary data from the Commerce Department. Total spending rose in February to a seasonally adjusted annual rate of $945.7 billion from the revised January figure of $944.6 billion. Due to the revision of that figure, what was a […]
April 1, 2014
Business
Can Texas make high-speed rail work? California can’t
For the last few years, I’ve been critical of California’s attempts to link Los Angeles to San Francisco with a high-speed rail line. It’s not that I’m reflexively against passenger rail. It’s just that California is such a political zoo, I don’t think they can do anything well when it comes to the bread-and-butter responsibilities […]
April 1, 2014
Business
How to save money and protect equipment by creating an anti-idling policy at your construction company
In construction bids, nobody likes to leave money on the table. Yet the biggest controllable expense—fuel cost—is rarely scrutinized for savings. That’s unfortunate, given that the average idle time for heavy equipment is 40 percent, says Komatsu’s Ken Calvert. Komatsu started putting telematics on its machines in 2006. When they looked at the aggregate data […]
April 1, 2014
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The 1950s Cat “Twin D8” – 2 Joined Dozers, 1 Big Blade, Double the Power
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