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Business: Page 136
Business
Construction industry loses 16k jobs in December, unemployment rate jumps
Diverging greatly from hopeful reports that came earlier in the week, the U.S. construction industry lost 16,000 jobs in December, snapping a streak of six consecutive months of job gains. A total of 5.833 million Americans are employed in the construction industry, according to preliminary data from the Bureau of Labor Statistics. The report revised […]
January 10, 2014
Business
Burglars pose as construction workers to steal safe from California home
Police in a city near San Francisco are on the hunt for a group of men they say posed as construction workers in order to burglarize a home. Around 11:15 a.m. Monday, one of the suspects knocked on the door of an apartment building in Burlingame and told the resident that he needed to come […]
January 9, 2014
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Roadbuilding
Ambiguous Contract
Court denies government’s motion to dismiss contractor’s $1 million claim.
January 8, 2014
Roadbuilding
No Strings Attached
How the use of stringless paving technology on the UTAH I-15 Corridor Expansion Project saved time and money.
January 8, 2014
Business
Sub Zero: Polar Vortex causes equipment breakdowns, sends construction workers home and indoors in Minnesota and North Dakota
We told you yesterday about a crew in Louisville used to working in the cold that was forced to pack it up thanks to this Polar Vortex. Today we’ve got an even better idea about just how formidable this thing is with news of the hardened crews of Minnesota and North Dakota having to take […]
January 8, 2014
Business
AGC’s Simonson: 2014 holds more projects and tame materials prices but also continued worry over the labor shortage
More projects to bid, “tame” materials prices and an increased concern over the availability of labor and skilled workers are what contractors can expect in 2014, according to a recent blog post by one of the construction industry’s leading economists. Associated General Contractors of America Chief Economist Ken Simonson writes that in 2014 contractors will […]
January 8, 2014
Business
Advice from a master woodworker on the shortage of skilled craftsmen
If you’re looking for a positive message to start off the year, something about character, craftsmanship, leadership and where you’re going to find the next generation of construction workers, take a gander at this. It may be the most inspiring nine minutes you’ll spend this year. [vimeo 78788086 nolink] This video is about much more […]
January 8, 2014
Business
Manitou Group appoints Michel Denis president and CEO
The Manitou Group board of directors today named Michel Denis as the group’s new president and chief executive officer. Denis replaces interim president and CEO Dominique Bamas who was appointed to the position in March 2013. Bamas’ resignation was amicable and in accordance with agreements made with the board to step down once a permanent […]
January 7, 2014
Business
How Louisville construction workers stand up to the wind, snow and frigid cold of the Ohio River Bridges project
There’s been a lot of talk about the Polar Vortex lately that’s giving a great deal of the country a pretty good feeling of what it’s like to live in an arctic climate. And yet, there are those who are still going out there each and every day and facing that cold like it’s no […]
January 6, 2014
Business
How Immigration reform could bring an end to construction’s skilled worker shortage
What’s “step one” in ending the skilled worker shortage currently plaguing construction companies across the U.S.? If you ask Stan Marek, it’s immigration reform. Marek, the CEO of Houston-based Marek Construction, recently penned a fantastic blog post discussing the necessity of immigration reform to the construction industry’s future. With more than 30 million men and […]
January 6, 2014
Roadbuilding
Disposal of Concrete Grinding Residue
An area of focus within the construction industry throughout the past few years has been the question of how to handle concrete grinding residue (CGR), also known as sawing slurry. Generated during sawing and diamond grinding operations, slurry is the byproduct created when a diamond blade’s cooling water mixes with concrete fines. Often, governmental regulations […]
January 3, 2014
Business
4 New Year’s resolutions every contractor should make to improve their business in 2014
Your crews have been sent home, most of your machinery has made it back to the yard for a yearly maintenance run through, and it’s time to celebrate another full year of being in business. During this less-than-full-throttle time (assuming a client doesn’t call with an emergency), consider these ways you can get on the […]
January 3, 2014
Business
U.S. construction spending up 1% in November to nearly 5-year high
Construction spending in the U.S. rose 1 percent in November of last year to reach a nearly 5-year high. Spending reached a seasonally adjusted annual rate of $934.4 billion in November, according to preliminary data released by the Commerce Department. That’s the highest rate since May 2009 and 5.9 percent better than November 2012. October’s […]
January 2, 2014
Contractor of the Year
How one 3rd-generation paver expanded the family business into concrete, sealcoating
Operating the business started by his late father Dale, third-generation contractor Chris Fink knows a thing or two about paving. Performing a mix of public and private work; residential and commercial, Chris is known throughout the Shreveport area as being a leader and a go-getter. With the help of his wife, Tracey, who handles much […]
December 30, 2013
Business
Forbes: Caterpillar’s mining woes likely to continue hurting sales in 2014
For the last three quarters, Caterpillar’s financial results have shared a familiar theme: decreased demand for mining equipment. Caterpillar’s mining sales are down 33 percent annually, or $5.4 billion. And a new report from Forbes, put together by stock price estimate firm Trefis, says Caterpillar’s mining woes will likely continue at least into early 2014. […]
December 29, 2013
Business
The top 13 construction industry stories and posts of 2013
To say 2013 was a big year for us here at Equipment World would be an understatement. We’ve seen our online audience grow in a big way, so we thought it would be fun to put together a list of the top stories of the year based on your clicks. There’s a little bit of everything […]
December 29, 2013
Business
Despite record Q4, Ritchie Bros. equipment sales fall to $3.8 billion in 2013
Despite a record-breaking fourth quarter, Ritchie Bros. Auctioneers saw equipment sales fall 3 percent in 2013 to $3.8 billion. “This was an important year for our business,” said CEO Peter Blake in a prepared statement. “We had a focused strategy to grow our sales force and improve the performance of our underwritten (or ‘at risk’) […]
December 26, 2013
Business
In face of woes, ChinaDailyUSA says Sany is “gaining traction” in U.S.
In a report released today, the ChinaDailyUSA website says that 2013 was “a year worth celebrating” for Sany America, a division of Chinese equipment manufacturer Sany. According to the report, the U.S. subsidiary has doubled sales from last year, and now covers 65 percent of the United States, Canada and Mexico with its dealer network. […]
December 26, 2013
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