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Business: Page 167
Business
Caterpillar CEO calls for more visas for foreign engineers, path to legal status for undocumented immigrants
During a speech at the Illinois Business Immigration Coalition in Chicago, Caterpillar CEO Doug Oberhelman said his company has a hard time retaining talent and filling lower-skilled positions due to the hard time its foreign workers have in obtaining a visa to stay in the U.S. “Today, we (employers) have gaps in our workforce. We have […]
April 5, 2013
Business
Construction of 2nd tallest building stopped over corrosive concrete
Construction has been halted on what is expected to be the world’s second tallest building due to an investigation into whether the contractor building the skyscraper used corrosive concrete. According to Bloomberg, samples from the Ping An Finance Center are being tested to see if concrete containing sea sand rather than river sand was used […]
April 5, 2013
Sponsor Content
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October 7, 2026
Business
Construction equipment investment expected to continue above average growth in 2013
Construction equipment investment is expected to continue to grow and an above average rate over the next three to six motnhs, according to the 2013 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. However, the ELFF warns that the rate of growth construction equipment has enjoyed “should continue to decline from […]
April 4, 2013
Roadbuilding
A Base Stacked for Strength
Highway Contractor takes a look at four big projects — an airport runway, a highway widening, a 10-mile highway section paving, removal and paving of highway lanes.
April 3, 2013
Business
Dynapac equipment to show off new Atlas Copco colors, branding at Bauma
Dynapac equipment will soon drop its familiar yellow and red color scheme for yellow and gray. Atlas Copco announced today that it has decided to change the color scheme and badge branding on its Dynapac range of rollers, planers and pavers in order to match the visual identity used by other divisions in the company’s […]
April 3, 2013
Business
Central Texas Tool Company a family-run machine shop from a bygone era
No computers. Drawings done in the dirt. 100 year-old machines driven by overhead belts. Some might think that the Central Texas Tool Company is an anachronism, serving no purpose in this high-tech, 24/7 global economy. The members of the Carpenter family that run the shop jokingly call it “a working museum” and some of the […]
April 3, 2013
Business
How to combat negativity in your company with good management
“Our brain is like Velcro to negative experiences and Teflon to positive ones.” – neuropsychologist Rick Hanson Have you ever heard of negativity bias? Unless you’re a psychologist or leadership guru, you probably haven’t. However, even if you’re not familiar with the term, you’re familiar with the effect. Negative bias is the psychological phenomenon in […]
April 3, 2013
Business
Obama asks Congress to pass $21 billion bill for infrastructure improvements
On Friday, President Barack Obama proposed a $21 billion package of improvements for the country’s infrastructure, reports our sister site Better Roads. The plan is to be part of the President’s budget April 10th and includes $10 billion for an infrastructure bank that would bring together public and private funding. Also part of the plan […]
April 2, 2013
Business
Construction jobs limited to 15k visas per year under new guest worker agreement
The path toward a final deal on immigration reform has likely been cleared now that the country’s business and labor unions have reached an agreement on a guest worker program for immigrants. The New York Times reports that on Friday Sen. Charles Schumer, D-New York, held a conference call with U.S. Chamber of Commerce President […]
April 1, 2013
Business
Construction, manufacturing spending growth push U.S. stock futures forward
Ahead of reports on manufacturing and construction spending for February, U.S. stock futures edged higher after the three-day Easter holiday, according to a report from the Associated Press. The AP reports that Dow Jones industrial futures were up 10 points at 14,507 while S&P 500 futures edged up 0.4 point to 1,563.10 and Nasdaq futures […]
April 1, 2013
Business
Loyalty a two-way street for successful Colorado contractor T-Bone Construction
With a company he built from the ground up starting in 1987, Michael Thibault’s T-Bone Construction in Colorado Springs was going full speed ahead when the recession hit. As a builder of commercial and industrial buildings, truck maintenance facilities, and car and truck dealerships, Thibault was hit with a double whammy. The big customers quit […]
April 1, 2013
Business
Construction spending up 7.9 percent annually, home building at highest level in 4 years
Thanks to a surge in home building, construction spending grew 1.2 percent in February, according to seasonally-adjusted data from the U.S. Commerce Department. After a nine-month string of monthly increases was snapped with a 2.1-percent dip in January, construction spending is now at a seasonally adjusted annual rate of $885.1 billion. Compared to February 2012, that […]
April 1, 2013
Business
Does it pay for contractors to run a truck or fleet on natural gas?
Remember when diesel was $2 a gallon and you could drive your big trucks without gasping at the cost of a fill-up? Those days may be coming back, although it won’t be diesel that’s costing $2 a gallon, but natural gas. Thanks to fracking and horizontal drilling techniques developed in just the last decade, domestic petroleum […]
April 1, 2013
Success Stories
Diversity, flexibility lead North Carolina’s Mitch Cox Construction through recession
Editor’s Note: Mitch Cox was a finalist for 2012 Contractor of the Year. He started Mitch Cox Construction Inc. in 1980 in Johnson City, Tennessee. The company has 35 employees with annual volume of $8 million to $10 million. The company serves the MOB, renovation, office and retail construction markets. Mitch Cox, CEO and founder of the […]
April 1, 2013
Business
Congress discusses expanded oil and gas drilling as source of transportation funding
With talks in Congress over how to raise transportation funding at a standstill, some lawmakers have voiced their opinion that the answer is oil, according to our sister publication Better Roads. Speaker of the House John Boehner recently called revenues for infrastructure improvements via oil and gas drilling expansions a “natural link.” But some lobbyists […]
March 29, 2013
Business
Construction fuel consumption up 6.5% annually in February
The latest round of the WEX Construction Fuel Consumption Index (FCI), is out and indicates an increase of 6.5 percent in February over February 2012. The FCI was up 1.6 from January. The index measures national fuel consumption statistics for the construction industry to provide an month-t0-month measure of construction activity in the United States. Private […]
March 29, 2013
Business
Poll: Could you tell if you were being embezzled from?
Embezzlement is one of those worst case scenarios for any type of business owner. And given the heap of troubles the economy has given the construction industry lately, it’s likely one of the last things contractors are thinking about. But that doesn’t mean it should be. In May we’ll be publishing an article that explains […]
March 28, 2013
Business
Shell collaborates with Volvo, Mack Trucks on global LNG fuel
Shell has taken part in two new global collaborations—one with Volvo Trucks and one with Mack Trucks—to encourage the use of Liquefied Natural Gas (LNG) as a fuel for commercial vehicles. The two non-exclusive agreements with Shell will include collaboration on issues such as fuel specification and emissions performance. Volvo’s LNG offerings include its 13-liter […]
March 28, 2013
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