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Business: Page 161
Business
Construction companies, AGC lobby Congress to spare programs from sequester cuts
With an estimated $4 billion in federal construction projects in jeopardy due to the sequestration cuts that took effect March 1, construction companies have begun lobbying the government to spare their projects, the New York Times reports. The Associated General Contractors of America has flooded Congress with e-mails and letters protesting the cuts. The sequester […]
March 14, 2013
Business
Sany taps Dallas-Forth Worth’s Landmark Equipment as first Texas excavator dealer
Sany has named its first Texas excavator dealer. Landmark Equipment has been selected as the Sany America excavator dealer for the greater Dallas-Fort Worth area. Landmark was founded in 1989 by Mike Lyle and has four Dallas-Fort Worth area locations: Irving, Fort Worth, McKinney and Waxahachie. Landmark sells, rents and services heavy equipment, including excavators, backhoes, […]
March 14, 2013
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February 1, 2026
Business
Senate unlikely to adopt ID card for legal worker verification due to high costs
Senators working on an immigration bill are not likely to adopt a high-tech ID card for workers because of costs, the Washington Post reported. The legislation is intended to regulate employers who hire illegal immigrants. It will likely seek to expand E-Verify, a currently voluntary but little-used system which uses Social Security numbers to check […]
March 13, 2013
Business
D.C. airport metro station tops list of biggest U.S. infrastructure projects
According to Same Day Steel Deck these are the five highest-profile transportation infrastructure projects in the United States. 1. Dulles Transit Extension in Washington, D.C: This $6.2 billion project began in 2008 and has a target completion date of 2016. It’s purpose is to extend the Washington Metro line to Dulles International Airport and Tyson’s Corner. 2. […]
March 13, 2013
Business
Hyundai Construction Equipment Americas hires Lee Shirey as regional service manager
Hyundai Construction Equipment Americas has hired Lee Shirey as regional service manager. Shirey will oversee the department that services Hyundai’s extensive dealer network. Shirey has more than 20 years of experience in the heavy equipment industry, with his most recent work as a field service technician at ASC Construction Equipment in Buford, Georgia. He held […]
March 13, 2013
Business
Highway construction up 4.3% annually in January thanks to warmer weather
Highway construction was up 4.3 percent in January over January 2012, largely due to warmer weather, according to the American Road & Transportation Builders Association (ARTBA). Each month ARTBA analyzes U.S. Census Bureau data and reports the outcome. “With warmer-than-average temperatures across the country, many contractors were able to get more work done on transportation projects, […]
March 12, 2013
Business
Manitou CEO steps down as board calls for better profitability
Manitou has announced that President and CEO Jean-Christophe Giroux has stepped down. “The Board believes that the new environment calls more for an operational focus, with a better balance between profitability and development,” according to a prepared statement from the company. Giroux will stay with the company through March 31. The news comes as a […]
March 12, 2013
Business
Labor shortage expected to crush $100 billion in planned petrochemical projects
A lack of energy and mining professionals may cause the cost of these skilled workers, such as engineers and geoscientists, to double by 2020, potentially crushing $100 billion in planned petrochemical projects, Bloomberg reported. Experienced skilled workers currently earn an average of between $183,000 and $285,000 a year, while recent college graduates earn an average […]
March 12, 2013
Business
Astec Industries taps Benjamin G. Brock to succeed father as CEO
Astec Industries announced that it will tap Benjamin G. Brock as the company’s next CEO and President. Brock is the son of Dr. J. Don Brock, the current CEO. J. Don Brock will continue to serve as the Executive Chairman of Astec’s board of directors. Meanwhile, Richard J. Dorris will become the company’s Chief Operating […]
March 12, 2013
Business
Maryland Gov. proposes fuel tax changes to fund transportation projects
Maryland is the latest state looking to use the fuel tax as a way to fund transportation infrastructure projects. Recently, Gov. Martin O’Malley recently unveiled a five-year plan to generate $3.4 billion for state highway and transit projects. The bill will go before a House hearing March 15, according to a report from our sister […]
March 12, 2013
Business
Contractors, equipment dealers optimistic about construction activity, rental fleet growth
The latest round of the Wells Fargo Equipment Finance Construction Optimism Quotient registered at a 106, indicating that contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2013. The Optimism Quotient is a piece of the Wells Fargo 2013 Construction Industry forecast used to gauge contractors and equipment distributors’ feeling […]
March 11, 2013
Roadbuilding
Utilities in Rhode Island detected using Ground Penetrating Radar
Infrasense recently completed a project to locate embedded utilities and determine pavement thickness for a three-mile section of road in Rhode Island. The project incorporated both vehicle and walking-based surveys using Ground Penetrating Radar (GPR). As a result, no cores or test pits were used to obtain utility location information. A majority of the survey […]
March 10, 2013
Business
Scott Kelly of ETTI named Equipment World’s 2013 Contractor of the Year
Scott Kelly, President of Enterprise Trenchless Technologies Inc., has been named Equipment World‘s 2013 Contractor of the Year. ETTI serves the New England directional drilling, electrical, and fiber optic installation markets. Kelly received his prize during a ceremony Saturday night in Las Vegas. Kelly was one of 12 contractors from all over the country nominated […]
March 10, 2013
Business
Sunbelt Rentals posts 21% revenue gain for FY Q1-Q3
Sunbelt Rentals has reported $1.368 billion in total revenue for the first three quarters of fiscal 2013 through January 31, up 21 percent from $1.130 billion for the previous year’s first nine months, Rental Equipment Register (RER) reported. EBITDA for the nine-month period was $571.5 million, an increase of 37 percent from $416.5 million for […]
March 8, 2013
Business
Construction’s 48k jobs in February is industry’s highest gain in 6 years
The construction industry continued its streak of monthly job growth, adding 48,000 jobs in February, the highest monthly gain in six years, according to preliminary figures from the U.S. Labor Department. In that six-year span, only March 2007’s gain of 80,000 jobs is better. In total, the construction industry employs a preliminary figure of 5.784 […]
March 8, 2013
Business
Sany America names Hawkins-Graves as first-Virginia based Sany excavator dealer
Sany America has named Hawkins-Graves as a Sany excavator dealer in Lynchburg, Virginia, making Hawkins-Graves the first Virginia-based excavator dealer for Sany America. Hawkins-Graves, founded in 1966, specializes in the sale, rental and service of new and used construction equipment. The dealership’s territory includes central and western Virginia. For more information, visit sanyamerica.com or hawkinsgraves.com.
March 7, 2013
Business
Mercedes-Benz positioning Sprinter commercial vans as “high-profile” fleet support vehicles
What’s up with Sprinter? A lot, as it happens. Following the dissolution of the Daimler-Chrysler merger in 2008, Sprinter has flown under the radar a bit here in the States. But the distinctively-styled Mercedes vans remain available at select Freightliner dealerships. Moreover, according to Claus Tritt, Vice President of operations for Daimler Vans, Mercedes is actively growing […]
March 7, 2013
Business
Coast Crane expands Sany territory in United States, Canada
Coast Crane Company, the Sany America crane dealer for California, has expanded its territory across the western United States and Canada. For Sany crawler cranes, the Coast Crane territory now includes Alaska, Hawaii, Oregon and Washington; the Canadian provinces of British Columbia and Yukon Territory and the United States island territory of Guam. For Sany […]
March 6, 2013
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