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Business: Page 148
Business
Want your construction business to be more successful? Diversify your personnel.
In interviewing contractors across the country for our Contractor of the Year program, Equipment World editors get a pretty good sense of what works—and what doesn’t—across a range of business practices. Because turnover in the construction industry is such a problem, I’m always interested to see what strategies contractors use to recruit and retain. However, […]
June 28, 2013
Business
Building success in the construction industry with 6 management actions (PART 1)
Whether you’re just joining the workplace, a small or large contractor, work in a dealership or for a manufacturer, there are some management principles that can guide you through your construction equipment career and make you an even more successful leader. The Six Management Actions are a tried and proven way of working. They are […]
June 28, 2013
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February 19, 2025
Business
Senate confirms Anthony Foxx as next Secretary of Transportation
In a unanimous vote Thursday, the Senate confirmed Anthony Foxx as Secretary of Transportation, our sister site Better Roads reported. Foxx succeeds Ray LaHood, who announced in January that he would step down as soon as a successor was found. There was little to no doubt that Foxx would earn the confirmation. He breezed through […]
June 28, 2013
Business
Bobcat completes $6.5 million renovation of Bismark facility
Bobcat Company has completed a $6.5 million renovation at its Bismark, North Dakota, production facility. The updated facility has 350,000 square feet of floor space and an additional 36,000 square feet of office space, improving Bobcat’s attachment production process flow. Other factory operations include engine assembly, kitting and sub-assembly, parts control, warehousing and some compact […]
June 28, 2013
Business
New Jersey’s corporate road sponsorships could be a decent funding generator
With funding options for transportation and infrastructure few and far between, New Jersey will likely begin offering corporate road sponsorships to generate revenue. According to our sister site Better Roads, the move awaits Governor Chris Christie’s signature, but will allow private companies to sponsor rest areas initially. However, the state will likely expand the number […]
June 26, 2013
Business
States fight against LEED certification requirements for wood
A recent report from the Associated Press details controversy between several states—all but one of which are in the Southeast—and the U.S. Green Building Council over LEED certification of timber growers. Earning LEED points is of great importance to builders these days. Green construction of nonresidential projects in the U.S. jumped from $3 billion in 2005 […]
June 25, 2013
Business
How did Stalco Construction triple its project volume during the recession? Adaptability and marketing.
Kevin Harney started Islandia, New York-based Stalco Construction in 1992 with only $1,700. Fast forward to 2012 and the company made $64 million in revenue and was able to achieve monstrous growth during the recession. Just what kind of growth? Before the 2008 recession, annual project volume at Stalco was $40 million. Now, it’s at […]
June 24, 2013
Business
House Democrats introduce $5.5 billion bill for bridge repairs
With the Interstate 5 bridge in Washington state still generating headlines nearly a month after its partial collapse, Democrats in the House of Representatives have introduced a bill that seeks to fund the repair of a great many U.S. bridges. According to a report from our sister site Better Roads, the Strengthen and Fortify Bridges […]
June 20, 2013
Business
Builder confidence reaches highest level since 2006
For the first time since April 2006, more U.S. home builders say they view the market as “good” rather than “poor.” The sentiment comes through the June edition of the National Association of Home Builders/Wells Fargo Housing Market Index. The Index’s rating of builder confidence rose eight points in June to a 52. The NAHB says […]
June 20, 2013
Business
Sany president responds to Manitowoc lawsuit and allegations of patent infringement
Sany President President Xiang Wenbo has released a statement in response to a lawsuit and allegations of patent infringement filed against his company by Manitowoc Cranes. A federal lawsuit against Sany was filed last week in Wisconsin. And on June 12 Manitowoc also filed a complaint before the U.S. International Trade Commission alleging that Sany’s […]
June 19, 2013
Business
How collapsed I-5 bridge was reopened with a temporary span
Traffic is once again flowing over Washington state’s Skagit River as a temporary span has been set in place on the Interstate 5 bridge that suffered a partial collapse last month. According to our sister site Better Roads, the Washington State Department of Transportation reopened the bridge with restrictions. Vehicles traveling across are limited to […]
June 19, 2013
Business
Home construction starts up 6.8% in May
After a tumble of 14.8 percent in April, U.S. home construction starts rose 6.8 percent in May, according to new data from the U.S. Census Bureau. In total, home builders began construction on a seasonally adjusted annual rate of 914,000 homes in May. That’s an improvement of 28.6 percent over the same time last year and […]
June 19, 2013
Business
Fortune: Equipment maker Sany’s “bold” ambitions for U.S. market rub some the wrong way
In its comparatively young 23-year history, Chinese equipment manufacturer Sany has quickly climbed the global sales ranking ladder to the no. 5 spot, according to a new report from Fortune citing KHL Group’s Yellow Table. Most notable was its growth during the recession as the Chinese government spent hundreds of billions of dollars on infrastructure […]
June 18, 2013
Business
25% of U.S. bridges declared deficient in 2012
According to a report from our sister site Better Roads, 25 percent, or 151,845 of all U.S. bridges were classified as deficient in 2012. Those numbers were a part of the U.S. Government Accountability Office ‘s(GAO) testimony last week before the Senate Commitee on Appropriations’ Subcomittee on Transportation, Housing and Urban Development, and Related Agencies, Better […]
June 18, 2013
Business
JCB taps Graeme Macdonald to succeed Alan Blake as CEO
JCB has announced that Grame Macdonald will be the company’s next chief executive officer. Macdonald will succeed current CEO Alan Blake who will retire at the end of the year. Macdonald, 45, was named CEO Designate on June 1. The company only recently made the announcement. Macdonald has been with JCB for 16 years and […]
June 17, 2013
Business
Trimble adds weighing capabilities to Connected Site with acquisition of Actronic Technologies
Trimble’s Connected Construction Site will receive a bit of an upgrade thanks to the company’s recent acquisition of Actronic Technologies. Actronic produces weighing technology and payload information systems for construction, aggregate, mining and waste markets. Financial terms of the deal were not disclosed, but the acquisition includes Actronic’s Loadrite system, which will add weighing capabilities to […]
June 17, 2013
Business
Meet with the experts at the Construction Symposium Aug. 20-22
Each year in August, the whole Equipment World team packs up, hops the next plane to Dallas and sets up shop at the Omni Hotel to host the Construction Symposium. It’s always a good time thanks to all the interesting and gracious people that make up this industry who are eager to meet one another and […]
June 14, 2013
Dealers
Report: SDLG wheel loaders will soon appear in North American Volvo dealerships
Diesel Progress magazine reported today that SDLG wheel loaders will be introduced in North America later this year. SDLG, a Volvo Construction Equipment brand sold primarily in China and Russia, will be distributed by Volvo dealerships here, reports the magazine. In responding to requests for further information, Volvo stated: “Since Volvo CE acquired more than […]
June 12, 2013
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