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Business: Page 168
Business
Toronto leads North American high-rise construction
Toronto has the highest number of high-rises and skyscrapers under construction in North America, with its 147 such construction sites. That figure is more than twice as many as New York City, REM Online reported. The figures come from Emporis, a buildings database based in Germany. In October 2012, Toronto held 15 more high-rise building […]
December 13, 2012
Business
Takeuchi names AgCon Equipment as dealer in Canada
Takeuchi-US has named AgCon Equipment as a new dealer of Takeuchi compact earthmoving equipment in Manitoba, Canada. The dealership is located in Springfield, Manitoba. AgCon Equipment is a full service heavy construction, landscaping and agricultural equipment distributor that specializes in the sales, rental and service of construction and agricultural equipment. For more information about AgCon […]
December 13, 2012
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Business
Equipment industry veteran Dan Jones dies
Dan Jones, a Terex Aerial Work Platforms (AWP) team member, passed away on December 9. Jones was from Kentucky, where he graduated from Middlesboro High School and Morehead State University. While at Moorehead State, he was a guard on the university’s football team. Jones spent 25 years in the equipment industry and the past 12 […]
December 12, 2012
Business
Lessons from landscapers: Set yourself apart from the competition
If you’ve been on the site lately, you’ve noticed we’ve announced the 12 finalists for Equipment World’s 2013 Contractor of the Year. I love this program. Visiting finalists is one of the best parts of my job; they always turn out to be great people I feel privileged to know. So, every year I jump […]
December 12, 2012
Business
JCB produces its 500,000th backhoe loader
JCB marked the production of its 500,000th backhoe loader — the most popular piece of JCB equipment — on December 10. The backhoe was a 5CX model, which is able to shift 344 tons of earth per hour or load 196 trucks a day. JCB’s first backhoe loader, the Mark One, was produced in 1953 […]
December 11, 2012
Business
Bron Hayes wins 2012 Contractor’s Dream Package
Equipment World has selected Bron Hayes, owner of H & R Contractors in Pineville, Louisiana, as the winner of its 2012 Contractor’s Dream Package. Hayes’ company specializes in right-of-way clearing for power and utility companies, as well as site prep. The 2013 Contractor’s Dream Package includes a Ford F-550 pickup, a Ditch-Witch walk-behind trencher, a […]
December 11, 2012
Business
Bergkamp names Bill Grevas as sales manager
Bergkamp Inc. has named Bill Grevas as the company’s new sales manager. Grevas’ main duty is to direct Bergkamp’s sales team, a position in which his responsibilities include overseeing the company’s day-to-day sales orders and customer requests. Grevas has previously been a member of the development department for Kansas State University’s College of Technology and […]
December 11, 2012
Business
Number of improving housing markets increases by 76 in December
The number of improving housing markets increased by 76 to a total of 201 metros in December, according to data released by the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI). The index also shows that the number of states represented on the list by at least one metro increased from 38 […]
December 10, 2012
Business
Construction loses 20k jobs in November
Good news for the economy today as the latest U.S. Labor Department figures show that 146,000 jobs were added in the month of November while unemployment fell to 7.7 percent — the lowest that rate been since December 2008. However, the construction industry did not share in that good news, losing 20,000 jobs in November. […]
December 7, 2012
Business
Indian company plans to construct 10-story building in 48 hours
Harpal Singh of Synergy Thrislington — an SAS infrastructure company based in Nagar, India — has plans to construct a 10-story building in only 48 hours, Hinustan Times reported. The project concept includes 10 floors of ‘Instacon’ skyscraper built by three cranes and more than 200 technicians and workers. Video cameras will record the process. […]
December 7, 2012
Business
Icahn withdraws bid for Oshkosh shares
Carl Icahn withdrew his most recent offer for shares in Oshkosh Corporation on December 4, the New York Times reported. Oshkosk owns several well-known brands, including JLG. In late November, Icahn–who owns about 9.5 percent of Oshkosh shares–offered to pay $32.50 per share, with the stipulation that he could purchase a minimum of 25 percent […]
December 7, 2012
Business
U.S. dominates heavy equipment exports
The United States continues to lead in the global sales of heavy equipment like mining trucks and military machinery, the Wall Street Journal reports. Despite the United State’s 9-month-long trade deficit of $509.7 billion in manufactured goods, earlier this year — due mostly to deficits in major categories such as consumer electronics and clothing — […]
December 6, 2012
Business
Pittsburgh’s breathing building
With an eye on promoting the revitalization of downtown Pittsburgh as well as energy conservation and organizational productivity, the Tower at PNC Plaza is likely PNC Financial Services’ proudest design moment yet. Architectural design of the building was led by Gensler while Buro Happold led engineering and Paladino & Co consulted on green design, according […]
December 6, 2012
Business
ABC: modest recovery of nonresidential construction continues in 2013
Associated Builders and Contractors (ABC) has released its 2013 economic forecast for the United States commercial and industrial construction industry, which shows the continuation of a modest recovery for nonresidential construction next year. Anirban Basu, ABC’s chief economist, said ABC expects nonresidential construction spending to increase 5.2 percent in 2013 due to the large reductions […]
December 5, 2012
Business
Case donates 3,000 die-cast models to Toys for Tots
In the wake of Superstorm Sandy, one of the organizations heavily affected by the devastation was the United States Marine Corps’ Toys for Tots foundation which lost its toy warehouse in Dover, New Jersey. In response Case gathered up scale models of its wheel loaders, skid steers and backhoes and sent along 3,000 of them […]
December 5, 2012
Business
Caterpillar, Ariel form joint venture in oil and gas industry
Caterpillar and Ariel Corporation have formed a 50-50 joint venture to provide well service pressure pumping products for customers in the global oil and gas industry. The combined venture, known as Black Horse, acquired pump manufacturer ProSource of Houston, Texas. Black Horse plans to expand ProSource’s existing product line. Frac pumps sold through the combined venture […]
December 5, 2012
Business
On-highway diesel prices fall, remain above $4
For the week that ended Dec. 3, the national average retail price of on-highway diesel fell 0.7 cents to $4.027 per gallon, according to data from the U.S. Department of Energy’s Energy Information Administration. The Energy Department does not track the price of off-highway diesel used in equipment, but by subtracting the monthly national average […]
December 5, 2012
Business
The difference between knowing and discovering
It hit me while I was on a press trip to Geneva, Switzerland: all of these people walking with me on the downtown street, gazing at the window fronts, sipping coffee near frosted windows, didn’t have a clue about I how I lived my life in Alabama. And I, in turn, had no clue how […]
December 5, 2012
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