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Business: Page 141
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
Sponsor Content
Cut Cycle Times and Fuel Costs With These Operator Habits
Volvo Construction Equipment
September 22, 2026
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
Business
5 tips for hiring military veterans at your construction company
The economy is growing and construction contractors are scrambling for new employees. According to the Bureau of Labor Statistics, construction employment is expected to grow by 1.84 million jobs or 33 percent by 2020. At the same time there are thousands of technically proficient people exiting the military every year and their numbers are expected […]
May 1, 2014
Business
Caterpillar to shut down South Carolina engine plant, relocate production, cut 510 jobs
Caterpillar has announced that it is relocating production of engines from a plant in Fountain Inn, South Carolina to plants in Georgia and Texas. In all, the move will eliminate 380 full-time and 130 temporary jobs. Caterpillar is offering severance packages to the full-time employees and says that some of those employees may be considered […]
April 30, 2014
Business
DOT Chief Foxx sends long-term highway bill to Congress
The U.S. Department of Transportation announced on Tuesday that Transportation Secretary Anthony Foxx sent a long-term highway bill to Congress. The bill, dubbed the GROW AMERICA Act, is based on President Barack Obama’s 4-year, $302 billion transportation reauthorization proposal. Foxx said the bill aims to create jobs while offering a solution to fix the Highway Trust Fund (HTF) before it runs out of money this […]
April 30, 2014
Business
Cummins profit jumps 20% in 1Q due to growing demand in North America
This morning, Cummins reported sizable increases in both sales and profits during the first quarter and raised its forecast for the rest of the year. Thanks to increased engine and component demand in North America, the company reported a 20-percent increase in profit during the first quarter to $338 million, or $1.83 a share, on sales of $4.4 […]
April 29, 2014
Business
.Build website domain names now available to construction companies
Bringing in what the domain calls “the new Internet for the building industry,” .Build domain names are available for purchase to U.S. contractors and construction firms beginning today. Announced during the ConExpo-Con/Agg show in March, the new top-level domain (TLD) name would replace “.com” or “.net” in a company’s web address. Associated General Contractors of America said […]
April 29, 2014
Business
New Hampshire increases fuel taxes to fund road projects
The New Hampshire House last week passed a bill that would increase the state’s fuel taxes on gas and diesel by 4.2 cents per gallon, the Concord Monitor reports. The bill is now headed to Gov. Maggie Hassan, who said she intends to sign it. “I look forward to signing this bipartisan legislation into law so we can […]
April 29, 2014
Business
CNH Industrial to build Sumitomo crawler excavators under new agreement
CNH Industrial, maker of the Case Construction and New Holland equipment brands, announced today that it has secured the rights to manufacture crawler excavators under the Sumitomo name. CNH Industrial CEO Richard Tobin said the move completes the company’s transition away from a “dual source excavator strategy to a single global partner” in Sumitomo. In December […]
April 28, 2014
Business
A year and a half after Sandy’s devastation, New Jersey leads nation in construction job losses
After Superstorm Sandy wreaked havoc on the East Coast in October 2012, pummeling the New Jersey shore in particular, businesses in 113 of 565 New Jersey municipalities experienced a combined total of $382 million in commercial property loss, according to Federal Emergency Management Agency (FEMA). As a hurricane and post-tropical cyclone, Sandy was responsible for 117 […]
April 28, 2014
Business
CARB approves compliance extensions for contractors, small fleets in work truck powertrain upgrade regulations
The California Air Resources Board voted April 25 to amend some of its emissions regulations deadlines, giving new alternatives to owner-operators and small fleets who were unable financially to comply with the original rule. The amendments passed 11-1, though with some additional changes requested by the Board. Final versions of the amendments will be produced within […]
April 25, 2014
Roadbuilding
Inflation is Key
Maintaining Optimal Tire Pressure is Essential to a Successful Preventative Maintenance Program A kick to a tire doesn’t reveal much more than the stiffness of your boot and it certainly isn’t a good gauge of the level of air pressure in a tire. Tire pressure is one of the most important aspects of a tire […]
April 25, 2014
Business
Sales jump boosts Volvo CE operating income 29% in 1Q
Following a tough 2013, Volvo Construction Equipment saw a positive start to 2014, reporting a growth in sales and a big boost in earnings. During the first quarter of the year ending March 31, Volvo CE sales jumped to $2.035 billion (SEK 13.371 billion), an increase of 10 percent over the same period last year. As a […]
April 25, 2014
Dealers
In a digital age, survey shows contractors still value personal interactions with equipment dealers
So how do contractors want to interact with equipment dealers today? A joint Associated Equipment Distributors/Randall-Reilly research project, conducted by our Equipment Data Associates division and tapping the opinions of Equipment World readers, delves into this topic. While technology advances and societal changes are pushing certain approaches to the fore, there are plenty of indications […]
April 25, 2014
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