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Business: Page 130
Business
Exports of U.S.-made construction equipment fall 18.8% in 1Q; Africa region accounts for only gains
Exports of construction equipment made in the U.S. fell 18.8 percent between first quarter 2013 and first quarter 2014, according to analysis of Commerce Department data by the Association of Equipment Manufacturers. Construction equipment exports fell to $4.292 billion during the first quarter with nearly all global regions recording either high-single or double-digit losses. The […]
June 11, 2014
Business
Obama signs water projects reauthorization bill into law
President Barack Obama signed the $12.3 billion Water Resources Reform and Development Act (WRRDA) into law on Tuesday, marking the first water projects reauthorization in seven years. The House and Senate both passed the bill last month. Known as the Water Resources Reform and Development Act (WRRDA), the bill authorizes funding for water infrastructure projects. It […]
June 11, 2014
Sponsor Content
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February 1, 2026
Business
Report: Caltrans decision to hire inexperienced Chinese firm for Bay Bridge welding “will haunt” travelers “for generations”
A detailed investigative report from the Sacramento Bee has found that the California Department of Transportation’s decision to hire a Chinese firm with no experience building bridges to construct key parts of the San Francisco-Oakland Bay Bridge, “will haunt the new span and the traveling public for generations to come.” Construction on the bridge was completed last […]
June 10, 2014
Business
DOL reaches agreement with contractor for $5 million in back wages for 500 workers
Approximately 200 construction workers will receive $3.8 million in back wages and fringe benefits after a settlement between the U.S. Department of Labor and MDG Design and Construction for wage violations at the federally-assisted Grand Street Guild construction project in New York City. MDG had previously repaid more than $1.1 million in back wages to […]
June 10, 2014
Business
Construction worker’s detective work IDs jobsite bandit, recovers his company’s lost material
After a thief made his way onto Murfreesboro, Tennessee jobsite for an elementary school and then made off with between $6,000 and $8,000 worth of metal roofing, JWC Specialties project superintendent Jason Johnson decided to put in a bit of overtime. Telling WSMV TV that he knew reordering the materials would put he and coworkers […]
June 9, 2014
Business
Caterpillar to close 3 Illinois component plants, move work to Michigan
Caterpillar has announced that it will close three of its plants in Illinois in order to consolidate the work at a single plant in Michigan. The plants are all facilities of Anchor Coupling, a wholly-owned subsidiary of Cat that manufacture or distribute hydraulic hose assemblies used in heavy equipment from Cat and other manufacturers, according […]
June 9, 2014
Business
Construction job growth slows in May with 6,000 jobs added
The U.S. construction industry notched its fifth straight month of employment gains in May but saw growth fall off considerably. The industry added 6,000 jobs in May, compared to April’s revised number of 34,000. The original April data from the Commerce Department showed a gain of 32,000 jobs. Construction now employs 6.004 million Americans, 3-percent higher […]
June 6, 2014
Roadbuilding
Fighting Thermal Segregation
A thermal bar can provide a thermal profile in real time.
June 5, 2014
Business
Kubota president, chairman Masumoto found dead in Tokyo
Chairman and president of Kubota Corporation, Yasuo Masumoto, has died while staying in Tokyo. The 67-year-old failed to leave his room at the hotel and was found collapsed in the bathroom, according to a report from Bloomberg. The cause of death is undetermined, and Vice President Masatoshi Kimata will take over as acting president, the […]
June 4, 2014
Business
New financed construction equipment sales up 19% in April, bypass used sales
The number of new construction equipment units financed in April totalled 8,000, gaining a nearly 2-percent edge over the 7,846 used units financed last month, according to the latest data from Equipment Data Associates.* The monthly total represents the highest new financed equipment total so far this year, but lags about 17 percent behind the […]
June 4, 2014
Business
Wages for construction and other skilled trades are on the rise
Wages for skilled tradesmen in the construction and mining as well as those in logging and manufacturing are on the rise, according to a new report from the Economist. Citing data from the Bureau of Labor Statistics, the report says that hourly wages have grown at an annual rate of around 2 percent for the last […]
June 4, 2014
Business
Can cutting Postal Service spending save highway construction funding? House GOP moves forward with controversial plan
House Republican leaders are moving forward with a plan to fund the Highway Trust Fund (HTF) with savings from cutting certain U.S. Postal Service programs. House GOP leaders released a memo on Friday outlining the plan, which includes changes such as ceasing Saturday operations, which Republicans say will save $10.7 billion over a decade, Politico reports. A […]
June 4, 2014
Business
Construction spending up 0.2% in April due to increase in government projects
Thanks to gains in both government projects and home building, U.S. construction spending saw another slight boost in April, rising to its highest level in five years. Construction spending rose to $953.5 billion in April, an increase of 0.2 percent from the revised March figure of $951.5 billion. Due to the revision of that figure, what […]
June 2, 2014
Dealers
QUICK DATA: New and used skid steer sales trends for March 2014
June 1, 2014
Success Stories
Mentoring spirit enables Pennsylvania contractor Doug Thomas to build a people-first company
There are two red chairs in Doug Thomas’ office. Sitting in one when Thomas closes the door is not where you want to be. That means it’s time for a serious talk and, fortunately, it doesn’t happen too often. Such talks are reserved for the most blatant of safety violators at Thomas Construction, located in […]
June 1, 2014
Dealers
Ditch Witch, Volvo, Talbert Manufacturing name top dealers 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! Ditch Witch honors top 10 dealerships for superior […]
May 30, 2014
Business
Minnesota construction firms likely need to boost pay, reduce expectations to find enough workers to meet demand
Construction is Minnesota’s fastest growing industry, and as demand continues to pile up, construction firms there are having a hard time finding enough skilled workers. And one labor analyst suggests they might need to make some serious changes to fill those vacancies. According to a report from Minnesota Public Radio, the skilled trades in Minnesota […]
May 27, 2014
Business
42,000 construction jobs lost for a lie: Billionaire green activist flashes cash, democrats put off Keystone decision until 2016
Funny how good people with good intentions wind up doing bad things when they enlist politicians to their cause. In February, the New York Times featured a profile of billionaire Tom Steyer’s bid to raise $100 million to defeat the Keystone pipeline project and promote the democratic party’s green agenda. After endless backpedaling, the State […]
May 23, 2014
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