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Business: Page 142
Business
Sany America names Mike Rhoda its new CEO
Mike Rhoda has been named chief executive officer of Sany America, replacing Tim Frank, who resigned in October. Rhoda has a broad construction equipment industry resume, including stints as chief technology officer at Doosan Infracore Construction Equipment, president and CEO of Volvo Construction Equipment’s excavator line, and senior management positions at Ingersoll-Rand. In a statement […]
December 10, 2013
Business
Volvo sells Volvo Rents equipment rental business to Platinum Equity
As rumored earlier this year, the Volvo Group has agreed to sell its Volvo Rents construction equipment rental business to Platinum Equity, a U.S.-based private equity firm, for $1.1 billion (SEK 7.5 billion). The sale should be completed during the first quarter of 2014. As a pre-requisite for the sale to go through, Platinum Equity […]
December 10, 2013
Sponsor Content
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February 1, 2026
Business
Terex sells truck business to Volvo Construction Equipment
Terex says it will sell its truck business—which includes off-highway articulated and rigid-frame trucks— to Volvo Construction Equipment in a $160 million cash deal. The deal, slated to be finalized in the first half of next year, immediately gives Volvo a rigid-haul product for the heavy earthmoving and light mining segment, targeting the booming oil […]
December 9, 2013
Business
The top 4 mistakes contractors make when building a website
When it comes to building, who better to seek advice from than a contractor? That is, unless you’re talking about building a website. Then the answer gets a bit more complicated. We see a lot of contractor websites, and while there are some great ones out there, a number of them fall short on some […]
December 9, 2013
Business
Trucking company owner parodies Van Damme’s “Epic Split” to demonstrate the dangers of Obamacare
A few weeks ago, an ad by Volvo Trucks took the Internet by storm. It featured action star Jean Claude Van Damme performing an “Epic Split” between two Volvo FM trucks in reverse. And now, unsurprisingly, it has been parodied. But parodies of viral videos don’t usually come from the owners of trucking companies. Especially […]
December 9, 2013
Roadbuilding
Geofoam saves time, money during three projects
The Federal Highway Administration (FHWA) has promoted the use of expanded polystyrene (EPS) geofoam as a lightweight embankment soil alternative for a number of years. In a 2006 report, the agency’s Technical Service Team described the material as a “field-tested, budget-friendly winner.” Why? FHWA engineers list the following benefits: Accelerated construction Payroll, transportation and equipment […]
December 6, 2013
Business
Ken Kesey, Obamacare and you
With the holidays approaching, the construction season winding down and the federal government flailing about trying to take over 1/6th of the nation’s economy, now would be a good time to revisit a classic novel from the 1960s. Ken Kesey’s Sometimes a Great Notion is the story of an independent logging family in Oregon facing […]
December 6, 2013
Business
Construction adds 17k jobs in November amid strong U.S. jobs report
The U.S. construction industry added 17,000 jobs in November, marking the sixth consecutive month of gains. A total of 5.851 million Americans are employed in the construction industry, the highest that mark has been since August 2009, when it was at the very same number, according to preliminary data from the Bureau of Labor Statistics. […]
December 6, 2013
Business
As critics of LEED increase their numbers, a competitor emerges
That LEED certification is a controversial issue isn’t new news. The green building rating system overseen by the U.S. Green Building Council has drawn the ire of timber-growing states in the past and many states have passed legislation banning the system from public contracts. And now, as the Associated Press reports, a serious competitor that goes […]
December 5, 2013
Business
New bill would nearly double the federal gas tax to better fund transportation
While one duo of Congressmen contends that the gasoline tax should reduced by 80 percent and federal transportation funding eliminated altogether, another lawmaker has introduced a bill that would nearly double the gas tax, according to a report from The Hill. In a little more than a two week span we’ve seen just how differing […]
December 5, 2013
Roadbuilding
Construction Law Update
Improper bid award results in unsuccessful bidder being allowed to pursue damages against the City of New Orleans.
December 4, 2013
Business
Slumping productivity, political football drive down Q4 Nonresidential Construction Index
For the first time in five months, two of which brought its highest marks ever, FMI’s Nonresidential Construction Index (NRCI) fell 2.9 points in the fourth quarter to 57.4. The good news is that despite the drop from last quarter, any mark above 50 on the index indicates growth and this quarter is still 1.9 […]
December 4, 2013
Business
Construction of Mormon temple in Philadelphia bans workers from smoking, having caffeine and swearing
Smoking and swearing are two things commonly restricted from most workplaces, though most have areas for employees to have a smoke break and swearing almost assuredly happens anywhere at any time despite being against the rules. But caffeine? The coffee pot and soda machine are workplace institutions no matter where you might work. What employer […]
December 4, 2013
Business
Construction spending up 0.8% in October to nearly 4 1/2-year high
Construction spending in the U.S. rose 0.8 percent in October to a nearly 4 1/2-year high. Construction spending reached a seasonally adjusted annual rate of $908.4 billion, the highest pace since May 2009, according to preliminary data released by the Commerce Department Monday. October’s total was 5.3 percent better than October 2012. The release of […]
December 2, 2013
Business
Knocked down by the recession, how contractor Michael Thibault came up with a plan to win at T-Bone Construction
Mike Thibault has a favorite quote: “The harder I work, the luckier I get,” he says with a big Colorado grin. But when the recession hit it brought problems that neither luck nor hard work seemed capable of solving. “It was terrible,” he says. For two decades Thibault (pronounced Tee-bow) had flourished as the […]
November 30, 2013
Business
Survey finds heavy equipment fleet managers want better training, easier access to their data and help justifying ROI
Telematics technology is found on almost every truck in every big trucking fleet in the country today. Trucking companies can’t compete without it. But, to the consternation of many in the industry, adoption rates for off-road heavy equipment remain low. This year the Association of Equipment Management Professionals surveyed its members to measure their […]
November 30, 2013
Business
Mastering the unique challenge of spec’ing a compact excavator
The first step in spec’ing compact excavators in the 2- to 3-metric-ton range is to define what they are and what they aren’t. What they are: versatile machines that are as much tool carriers as excavators and often replace hand labor. What they aren’t: full-size excavators. This means they shouldn’t be spec’ed the same as their […]
November 30, 2013
Business
Building permits up in October, but government delays housing starts data for second month due to shutdown
Though the Commerce Department won’t release data on housing starts and completions until next month, it reports that building permits saw a sizable gain in October. Placing blame on the 16-day partial shutdown of the federal government during October, the Commerce Department says it won’t have the data for home starts and completions for the […]
November 26, 2013
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