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Business: Page 136
Business
Report: Senate panel investigating Caterpillar for avoiding taxes
A U.S. Senate panel that has investigated Microsoft, Hewlett-Packard and Apple for avoiding paying federal taxes has now turned its attention to Caterpillar, according to a report from Bloomberg. The panel is investigating whether Caterpillar shifted profits overseas to avoid paying taxes, the report says, citing three anonymous sources. In early April, theĀ Senateās Permanent Subcommittee [ā¦]
March 27, 2014
Business
Construction expected to grow 8% this year with āgroundhogā-like growth from nonresidential
Construction industry consultant FMI has released what it calls a ācautiously optimisticā outlook for the industry in 2014 in its latest quarterly report. The report predicts construction put-in-place to grow 8 percent this year and for the next few years. āJust like the spring, despite all odds and nasty economic weather, the nation needs to [ā¦]
March 27, 2014
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February 1, 2026
Business
Spending of state DOTs places priority on new road construction over repairs
State departments of transportation spend more each year on new road construction than on road repairs, according to a new report from Smart Growth America and Taxpayers for Common Sense. The report, āRepair Priorities 2014,ā notes that between 2009 and 2011, state DOTs collectively spent $20.4 billion on new roads, growing the nationās state-owned network [ā¦]
March 25, 2014
Business
Dearth of women in construction deprives industry of good workers, women of good jobs
Recently, Barbara A. Res penned an insightful column for theĀ Baltimore Sun examining why there are so few women in the construction industry and detailed why and how this should be changed. As contractors across the U.S. continue battling a skilled worker shortage that is impacting completion dates and ability to meet rising demand, itās a [ā¦]
March 24, 2014
Roadbuilding
Kosciusko County Turns to Liquid Calcium Chloride to Improve Road Base Stabilization
Situation The Kosciusko (Indiana) County Highway Department undertakes improvement projects on 50 to 100 miles of roadway annually and, like many counties across the U.S., faces constant pressure to contain costs in the face of decreasing budgets. Although resources are limited, county residents and businesses still have high expectations for road quality and timely [ā¦]
March 21, 2014
Business
Want to boost your construction business? Put a woman in charge
I saw something this week that caught my eye: A Tweet linking to a Harvard Business Review post said a study in Italy found naming a woman as CEO improves profitability in family-owned firms. Specifically, replacing a male CEO with a female CEO increases profitability. Also, the more women on the board of directors of [ā¦]
March 21, 2014
Dealers
Peterbilt and Peterson name dealers of the year, Bobcat and JCB add dealers in this weekās 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 each week. Bobcat introduces new dealer in Arden, North Carolina [ā¦]
March 19, 2014
Business
DOT says Highway Trust Fund could face shortfall by late July
The U.S. Department of Transportation has updated its Highway Trust Fund Ticker to show that the fund could shortfall as early as the end of July. The DOT notes that the HTF āwill encounter a shortfall before the end of fiscal year (FY) 2014,ā adding that āthe surface transportation program continues to outlay at a [ā¦]
March 18, 2014
Business
Divergence of construction spending and employment could point to āfundamental changeā in the industry
Recently, the folks at Business Insider put together a nicely done and comprehensive article on the skilled labor shortage affecting the construction industry and the impact itās having on homebuilding. There wasnāt much new news to be found for those of us who follow these stories on a regular basis. Many of the experienced and [ā¦]
March 17, 2014
Roadbuilding
Cal Poly Pomona engineering students get real-world road building experience from Caltrans
If you want to be a transportation engineer in Southern California, your chances improve dramatically when you have Xudong Jia as your professor. Ā At California State Polytechnic University, Pomona (Cal Poly Pomona), Jia teaches in the Civil Engineering department with classes of students who want to build the roadways of the future. Several years ago, [ā¦]
March 14, 2014
Business
Contractors urged to send hardhats to their Congressmen in campaign to fix Highway Trust Fund
A group of associations and labor unions is working to alert Congress to the looming insolvency of the Highway Trust Fund (HTF)āthe main source of highway infrastructure funding, whichĀ could run out as early as August. TheĀ Transportation Construction Coalition (TCC)āan alliance of 29 associations and labor unions focused on federal funding and surface transportation program policy [ā¦]
March 14, 2014
Business
Wisconsin contractors are having a hard time making quality hires as demand grows
Like their peers across the country, Wisconsin contractors are preparing for a sizable increase in work in 2014. According to Associated General Contractors of America chief economist Ken Simonson, construction spending in the U.S. is expected to rise 10 percent by the end of this year. And while more work is definitely good news, those [ā¦]
March 14, 2014
Business
Coin toss decides bid winner for $4.4 million construction project in Louisiana
There are very few coin tosses with higher stakes than the one carried out in Gretna, Louisiana Wednesday night. The town is getting a new police station and last month accepted seven bids from construction companies looking to win the right to demolish the existing headquarters and build the new one. Problem was, for the [ā¦]
March 13, 2014
Business
Al Landes, president and COO of Missouriās Herzog Contracting, named AGC of America president
Industry veteran Alan Landes has been named Associated General Contractors of Americaās 2014 president. Landes was installed at the close of the AGCās 95th annual convention last week in Las Vegas. Landes takes the reins of the organization after having served as senior vice president during 2013. He is also the former president of AGC [ā¦]
March 13, 2014
Business
Contractors from across U.S. swarm North Dakota for bounty of road work
The North Dakota Department of Transportation has more than $1 billion in projects slated for this year. But itās not at all worried about finding enough contractors to carry that work out. Thatās because the DOT has a listing of 255 contractors from 28 states across the U.S. prequalified to bid before the busy roadbuilding [ā¦]
March 12, 2014
Business
Mike Rowe opens up about opera, skilled trades and Dirty Jobs (EXCLUSIVE)
All of the new machines are obviously the star of a show like ConExpo. But one of the highlights for the Equipment World team last week at the show was getting to sit down with TV host and newly-minted author Mike Rowe for a conversation on the importance of skilled trades and vocational education. Just [ā¦]
March 11, 2014
Contractor of the Year
New Hampshireās Jeremy Hiltz Excavating named Equipment Worldās 2014 Contractor of the Year
In an awards banquet Saturday night at Caesarās Palace in Las Vegas, Jeremy Hiltz Excavating was named Equipment Worldās Contractor of the Year for 2014. Hiltz Excavating in Ashland, New Hampshire, is an $8 to $10 million company that incorporated in 1996. They specialize in commercial site work, municipal and utility work and road building. [ā¦]
March 10, 2014
Roadbuilding
Public vs. Private Distinction
Why knowing the allowable timeline to bring a lawsuit is important.
March 7, 2014
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