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Business: Page 150
Dealers
Ruffridge-Johnson now a Bomag distributor, Holt Cat expands mining business, United Rentals expands operations and more in this week’s 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 each week with news on hires, promotions, new locations and expansions. Check back for a new edition every Friday! Ruffridge-Johnson now Bomag road building distributor Ruffridge-Johnson Equipment Company is […]
December 19, 2013
Business
Housing starts soar 22.7% in November to nearly 6-year high
Greatly defying expectations, U.S. housing starts soared in November to heights rarely seen since the housing collapse in 2006. Housing starts jumped 22.7 percent in November to a seasonally adjusted annual rate of 1.091 million, according to data from the Commerce Department. That’s the highest monthly gain since January 1990 and only the second time […]
December 18, 2013
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Business
Smooth operator: How to seamlessly transition your construction company from one generation to the next
For the December issue of Equipment World, architect and construction attorney James K. Zahn, FAIA, FALA, Esq., of Chicago-based Sabo & Zahn, provided us with advice on steps a contractor must take when planning to sell or gift a construction business to the next generation. Equally important, however, is ensuring the transition goes off without […]
December 17, 2013
Business
Montabert to remove Tramac brand name from demolition products in North America
Montabert is keeping the green coloring, but dropping the Tramac brand name from all of its products. Until now, hydraulic breakers, plate compactors, drilling attachments and pneumatic equipment have been branded “Tramac by Montabert.” But in an effort to extend its brand further in North America, Montabert is dropping the Tramac name. Montabert will start […]
December 16, 2013
Roadbuilding
Dowel Bar Retrofit: Where Are We Now?
Great ideas don’t always have to born in the moment or generated by a mainframe super computer. Sometimes it is as simple as looking back to what has performed well in the past and continues to do so in the present.  Such is the case for dowel bar retrofit (DBR). DBR is a load transfer […]
December 13, 2013
Business
JCB’s $244 million expansion plan will create 2,500 jobs in UK
Two new factories and a large expansion are in the plans for JCB as part of a $244 million plan that will create 2,500 jobs in the United Kingdom. The expansion plan will take place over a five year period and will be a huge boost for the county of Staffordshire where each of the […]
December 12, 2013
ConExpo-Con/Agg
The 4 hottest ConExpo-Con/Agg 2014 education seminars
Pre-registrations are coming in strong ConExpo-Con/Agg education sessions according to to the Association of Equipment Manufacturers. The four sessions are proving the most popular in registrations, including three sessions co-sponsored by the Association of Equipment Management Professionals: Making a Business Case for Telematics Regardless of Your Fleet Size This session will detail how telematics data […]
December 12, 2013
Business
FDNY firefighters form a construction company to rebuild homes destroyed by Hurricane Sandy
Fire Lt. John Nolan recently retired from the New York City Fire Department after 18 years of duty, so he’s well-versed responding quickly in disastrous situations. So, when Hurricane Sandy hit the East Coast in October 2012, devastating the communities of Rockaway and Breezy Point in the borough of Queens, Nolan and fellow firefighters went […]
December 12, 2013
Business
6 steps for passing down your construction business to your children
You’ve grown your construction firm into a thriving business, and now you’re ready to retire. Your children are waiting in the wings to take over the company they’ve been groomed to run since they were old enough to climb onto a piece of equipment. However, you know you can’t just hand over the reins and […]
December 11, 2013
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
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
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Pickups
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