Business: Page 171

Pickup Truck Survey

In construction, the ‘company car’ is an essential.

December 27, 2012

CNH, Kobelco end agreement

CNH and Kobelco Construction Machinery (owned by Kobe Steel) are “unwinding” their joint ownership and equity positions in all companies and eliminating any geographical exclusivities, both companies have announced. CNH says it will continue to manufacture excavators incorporating Kobelco technology at its plants in Calhoun, Georgia; Italty and Brazil, and source select models such as […]

December 27, 2012

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The advantages of renting before buying

A very interesting Q & A session with United Rentals president and CEO Michael J. Kneeland was recently posted at the Conexpo-Con/Agg website. In it Kneeland talks about the advantages of renting before buying and gives a few words of advice for construction business owners. On renting before buying, Kneeland says “it provides liquidity in […]

December 27, 2012

Ritchie Bros. auctions company record $3.9 billion worth of equipment in 2012

Ritchie Bros. Auctioneers sold nearly $3.9 billion worth of equipment in 2012, the company announced today. The $3.9 billion mark is a company record and came through 328 unreserved auctions around the world. The sales represent a 5 percent increase in gross auction proceeds over 2011 and the company saw $1 billion in auction proceeds […]

December 21, 2012

Ritchie Bros Auction

Construction fuel consumption index up 3.6 percent over 2011

WEX and IHS have released results of the WEX Construction Fuel Consumption Index (FCI), which indicated an increase of 3.6 percent in November year-over-year. The WEX Construction FCI measures national fuel consumption statistics for the construction industry to provide an up-to-date indication of construction activity in the United States. For November 2012, the WEX Construction […]

December 21, 2012

Five rules for a stress-free holiday season

As a child, I thought Christmas was magical. It combines everything kids love: no school, wonderful activities, lots of presents, practically unlimited desserts. When I grew up and started my own family, I was excited to see if I could craft those magical Christmases the way my own family had. And sure, for my daughter, […]

December 20, 2012

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Oil shale boom makes North Dakota “fastest-growing state”

You can put this news solidly in construction’s “win” column. North Dakota, site of the Bakken oil shale boom, is the nation’s fastest-growing state since 2011, says the Census Bureau. Largely thanks to the boom, the state’s population grew 2.17 percent between July, 2011 and July 2012, prompting it to move from 37th in growth […]

December 20, 2012

An oil rig is shown on near Williston, North Dakota. Oil extraction discoveries have led to rapid industrial development and job creation in the area. Tom Reichner / Shutterstock.com

Construction job openings expected to increase as industry rebounds

Construction employment in the United States will likely rebound soon due to the increasing number of projects set in place, Bloomberg reported. Government data show that October brought the most job openings and beginnings of construction projects that builders have seen in four years, and architecture firms are seeing the industry’s fastest progress since December […]

December 19, 2012

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Slight growth of equipment and software investment forecasted

The Equipment Leasing & Finance Foundation has released its 2013 Equipment Leasing & Finance U.S. Economic Outlook, which projects equipment and software investment will grow at a below-average rate of 2.9 percent. However, growth in equipment and software investment is expected to begin regaining momentum in the third and fourth quarters of 2013. According to […]

December 19, 2012

Signposts Heat Map 2013

FMI: Unconfident contractors face labor shortage, project delays

According to a new report from management consultant and investment banking provider FMI, the construction industry has contracted to the point that it is now roughly 70 percent of its size in 2006. And though things are looking up, construction business owners still face several challenges including a shrinking labor pool at a time when […]

December 19, 2012

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Housing starts dip in November, remain far ahead of 2011

Privately-owned housing starts in the month of November were at a seasonally-adjusted annual rate of 861,000, according to figures released by the U.S. Census Bureau Wednesday morning. The rate is a 3-percent drop from the revised October estimate of 888,000. However, it’s a 21 percent increase over November 2011’s rate. Single-family housing starts were at […]

December 19, 2012

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JCB names Arjun Mirdha Chief Operating Officer

JCB has appointed Arjun Mirdha as the company’s chief operating officer, effective January 1. Mirdha will oversee sales, commercial operations, parts and service, manufacturing, marketing communications and product marketing. Mirdha has been with JCB for 17 years, gaining roles in dealer development, parts, service, sales, marketing and new product development. He has also held various […]

December 19, 2012

TBEI names Terry Campbell as general manager of Ox Bodies

TBEI has named Terry Campbell as general manager of Ox Bodies. He will have direct responsibility over all sales operations at the company’s Fayette, Alabama facility. Campbell has more than 20 years of engineering and management experience in the heavy metal fabrication, transportation and trailer industries. He recieved his BS in industrial management from the […]

December 19, 2012

Builder confidence index rises to highest level in more than 6 years

Builder confidence for newly built, single-family homes rose to a level of 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) in December. The two-point gain from November marks the eighth consecutive month builder confidence has risen and the highest level the index has seen since April 2006. “Builders across the […]

December 18, 2012

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Sennebogen adds Rish Equipment Company as dealer

Sennebogen has named Rish Equipment Company as an authorized dealer for West Virginia. To best represent Sennebogen, the Rish sales staff will participate in a 2-day training session with Sennebogen’s regional manager, and technicians from the Rish service departments will attend courses at the Sennebogen training facility in Stanley, North Carolina. Additionally, Rish is expecting […]

December 18, 2012

ARTBA predicts modest growth for transportation construction in 2013

The American Road and Transportation Builders Association’s (ARTBA) 2013 United States Transportation Construction Market Forecast predicts modest growth in 2013, with the construction infrastructure market seeing a 3-percent increase from $126.5 billion to $130.3 billion. The majority of this growth is expected to come from highway and street pavements, private work for driveways and parking […]

December 17, 2012

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Are you concerned about the Fiscal Cliff?

December 17, 2012

Hendrickson launches PLUS, “Parts Look Up System”

Hendrickson has begun offering PLUS, the “Parts Look Up System,” which is designed to provide fleets, repair centers and distributors with serviceable parts information for Hendrickson Truck and Trailer suspension systems. The system recognizes truck suspension assembly numbers, trailer suspension model numbers, trailer suspension serial numbers and display parts or kits available for purchase through […]

December 17, 2012

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2027 Ram 1500 Srt Trx And Trx Bloodshot Night Edition

2027 Ram 1500 SRT TRX Roars Back With 777-Horsepower Hemi V8

The revived TRX, set for 2026 release, also boasts 680 pound-feet of torque, high-end interior upgrades — and a $100,000 starting price.

Takeuchi claims it produced the world's first 360-degree slew compact excavator in 1971, the TB1000, shown above. The compact excavator, however, didn't catch on in the U.S. until 20 or so years later, despite American manufacturer P&H's S-20 Stik-Clam, which came out in 1965.

Getting the Max Out of the Mini: Compact Excavator Buyer’s Guide 2026

Volvo CE EC950 High Reach Excavator

Volvo’s New Largest Demolition Excavator Unveiled: The EC950 High Reach

Cat Mini Excavators Thumb

Closer Look: Cat Upgrades Next-Gen 303.5, 305 CR, 308 CR Mini Excavators

OpenAI's Stargate I data center in Abilene, Texas, set to come fully online this year.

Data Center Construction Boom Continues: 8 Projects to Watch in 2026

5 Things To Know Before Buying A Flex-Wing Rotary Cutter

As You Explore Adding a New Flex-wing Cutter to Your Equipment Lineup, It’s Important to Know What Questions to Ask and Key Topics to Research Ahead of Time to Avoid Costly Mistakes and Ensure You Get the Right Flex-wing Cutter for the Job.