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Business: Page 164
Business
Hyundai Construction Equipment Americas names Seok Myung Yoon president and CEO
Hyundai Construction Equipment Americas named Seok Myung Yoon its new President and CEO Wednesday. Yoon, known by most as Sam, comes to the company’s American construction equipment division from its parent company Hyundai Heavy Industries. Yoon will be making the move from HHI’s Brazil division to Norcross, Georgia where the American construction equipment division is […]
May 8, 2013
Business
U.S. rental construction, lack of first-time home buyers a sign of “inferior housing recovery”?
Despite recent dips in construction spending and employment, the mood in the industry is, well, better. Better than it was last year anyway as 151,000 jobs have been added since then, the unemployment rate is down to 13.2 percent and spending is up 5 percent. As we’ve noted before, a lot of this has to […]
May 8, 2013
Sponsor Content
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October 7, 2026
Business
Better Roads: Time to start applying pressure on Congress for transportation bill replacement
Citing a report from the Congressional Budget Office that details a nearly bankrupt Highway Trust Fund and the real possibility of needing to dive into the General Fund in order to replace the current MAP-21 transportation bill, John Latta of our sister site Better Roads suggests highway contractors begin talking to their representatives about the […]
May 8, 2013
Business
Majority of Americans favor tolls as source for transportation funding
A recent survey of American motorists confirms the feeling that most aren’t fond of the idea of gas taxes, finding that a majority, 43 percent, favor tolls instead as a method for raising transportation and infrastructure funding. The 2013 American THINKS Tolling Survey, conducted by HNTB corporation, surveyed 1,000 Americans and found that 43 percent […]
May 7, 2013
Business
JCB celebrates 1 millionth machine: a JS220 tracked excavator
JCB recently celebrated its 1 millionth machine rolling off the assembly line with a big event at the company’s headquarters in the UK. The company wrapped the entire glass frontage of its headquarters in Rocester, Staffordshire, England with a graphic wrap announcing the milestone and hundreds of JCB employees gathered together to celebrate. The 1 […]
May 7, 2013
Roadbuilding
The EPA and You
Don’t wait for environmental regulations to affect your your company’s or your agency’s work — strike first.
May 6, 2013
Roadbuilding
Construction University
How you can get the business side of your business in shape for future growth. Are you being embezzled?
May 6, 2013
Business
Caterpillar to layoff 300 at mining facility in Illinois, close tunneling plant in Toronto
In the wake of a first quarter that saw profits tumble 45 percent, mostly due to low demand for mining equipment, Caterpillar continues to make moves to rectify the situation announcing layoffs in Illinois and a plant closing in Toronto. Neither of the moves will affect the company’s earthmoving business. After announcing a round of 500 […]
May 6, 2013
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
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
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