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Business: Page 156
Business
Construction unemployment rate drops despite losing 6k jobs in April
After riding a four-month streak of employment gains to the highest total employment the industry had seen in nearly four years, the construction industry lost 6,000 jobs in April, according to new data from the U.S. Labor Department. Despite the loss of jobs, the industry’s unemployment rate continued to fall, dipping to 13.2 percent. The […]
May 3, 2013
Business
U.S. needs to “Think Big” like Germany if it wants to escape construction, technician labor shortage
Contractors and equipment dealers struggling to find a solution to the shortage of trained technicians in the United States, need look no further than Germany for an example of how to do it right. The German Engineering Federation, VDMA, last month bussed in more than 10,000 teens to participate in Bauma 2013 and a program […]
May 3, 2013
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February 1, 2026
Business
Lego sticker depicting construction worker’s catcall stirs controversy
Blogger, journalist and organizer Josh Stearns recently posted a photo to his blog of a sheet of Lego stickers that didn’t sit right with him and doesn’t portray the construction industry in a particularly flattering way. One of the stickers, seen to the right and depicting a Lego minifigure in construction worker’s garb with his […]
May 3, 2013
Business
Construction University eases transition from jobsite to the office
It’s a common story: After working in construction awhile—sometimes with family, sometimes not—a guy or gal wants to strike out on their own. And so they buy, or rent, that first machine. The weekend jobs turn into steady work, either gradually or right off. Instead of one beater machine, the newly-minted contractor starts to gain […]
May 3, 2013
Business
Case ProCare ties telematics, scheduled maintenance together in one comprehensive coverage plan
Case Construction Equipment has announced a new factory support program called ProCare that the company calls the industry’s “most comprehensive” heavy machinery coverage available. ProCare will come standard on all Case machines built with the company’s SiteWatch telematics service. The coverage includes a three-year Advanced subscription to SiteWatch, a three-year/3,000-hour full-machine factory warranty and a […]
May 2, 2013
Business
Are you being embezzled? How to spot and correct the situation
Small businesses have a better than average chance of falling victim to embezzlement. Here’s what you need to know for spotting embezzlement and putting a stop to it.
May 1, 2013
Business
Construction spending dips 1.7% in March due to drop in government building; up 4.9% annually
According to data released by the U.S. Commerce Department Wednesday, construction spending dropped 1.7 percent during March to its lowest mark since August 2012. Following a housing-fueled boost of 1.2 percent in February, construction spending was measured in March at a seasonally adjusted annual rate of $856.7 billion. According to the data, the monthly drop, […]
May 1, 2013
Business
15 Embezzlement Tips
Download this tip sheet to view some immediate steps you can take to counter employee theft.
May 1, 2013
Business
Caterpillar to close South Carolina plant that employs 280 people
In what the Charleston, South Carolina Post and Courier calls “a sizable blow” to the region’s manufacturing industry, Caterpillar has announced that it will close a plant there that employs 280 people. After what Caterpillar told the paper was “an extensive strategic review,” the company decided to shut down its transmission remanufacturing plant as it […]
May 1, 2013
Business
Is your construction company being embezzled? How to sniff out the problem
Times were good in the early 2000s when a Southern California contractor went looking for a financial manager. “This candidate was far above anyone else we interviewed,” the contractor says. She had construction experience and caught on quickly. He immediately gave her more responsibility. The manager would sit down with him every month, going over […]
May 1, 2013
Success Stories
HDD contractor Scott Kelly’s “Journey to Elite” pays off in Contractor of the Year win
“This is not the business for us.” That’s what Scott Kelly remembers thinking in 1995, the first time he saw horizontal directional drilling in action during a demonstration in Shrewsbury, Massachsetts. Kelly’s father James began researching HDD a year before, so the two were very interested in seeing the relatively new technology in action. Suffice […]
May 1, 2013
Business
A Tweel for skid-steers: Michelin introduces its air-less tire to the construction industry
A tire that doesn’t go flat? Sounds like something that could save construction professionals both time and money.Since 1995, engineers at Michelin’s Technology Center in Greenville, South Carolina, have been working on making that happen. During an event Tuesday at the company’s nearby Laurens Proving Grounds, Michelin introduced the Michelin X-Tweel SSL for skid-steer loaders and Equipment […]
May 1, 2013
Business
Enter our Jobsite Pics photo contest!
One of our favorite things to do each year is head out across the country to meet and interview each of our 12 Contractor of the Year finalists. In those visits we relish getting the chance to see the construction business from your perspective. But we also love seeing where you work—the dirt you’re moving […]
May 1, 2013
Business
Rent, buy or lease? The crucial answer to your next equipment purchase
Ready for a new dozer, excavator, forklift or other piece of heavy equipment? Construction activity has started to pick up but is in a slow climb. In this atmosphere, is it better to rent, purchase or lease? That depends on a variety of factors, according to Peter D. Gregory, senior vice president of the Construction […]
May 1, 2013
Business
CNH reports increased first-quarter profits and sales despite sharp decline in construction equipment
Equipment manufacturer CNH Global announced its first-quarter financial results this morning with the positive news of increases in both sales and operating profits. During the first three months of the year, CNH saw sales of $4.7 billion, an increase of 1 percent over the $4.64 billion the company reported last year at the same time. […]
April 30, 2013
Business
Historic Indianapolis baseball stadium finds new life as apartment complex
By the end of this summer, Bush Stadium in Indianapolis will have quite the backstory including stints in baseball, the movie business, auto racing and, now, modern downtown living. Completed in 1931, the stadium is the former home to the town’s minor league ball club (and affiliate of the Pittsburgh Pirates) the Indianapolis Indians. However, […]
April 30, 2013
Business
Obama taps Charlotte Mayor Anthony Foxx as Transportation Secretary
According to a report from our sister site Better Roads, President Barack Obama has tapped Charlotte, North Carolina Mayor Anthony Foxx as the next Transportation Secretary. Should the Senate approve of the nomination, Foxx will replace Ray LaHood, who decided to step down from his position near the end of January. LaHood decided to stay […]
April 30, 2013
Business
Sany sends equipment, rescue teams to Chinese earthquake recovery efforts
In response to a 7.0-magnitude earthquake that devastated the Lushan County area of Sichuan Province, China on April 20th, construction equipment manufacturers that calls the country home has sent both equipment and people to aid in the recovery efforts. Sany sent in 10 excavators, 8 truck cranes and 25 vehicles along with five rescue teams. The quake killed […]
April 30, 2013
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