Business: Page 173

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

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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

Sponsor Content

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February 1, 2026

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Caterpillar surpasses Goldman Sachs as 49th largest company

The latest look at the Standard & Poor’s 500 (S&P 500) has ranked Caterpillar as the 49th largest company, Forbes reported. Goldman Sachs Group previously held the spot. As Caterpillar holds the 49th place, the market cap now stands at $56.40 billion, as opposed to the $55.80 billion cap when GS was the 49th largest […]

December 5, 2012

Cat 966K handles gravel, wide shot, C648952

Competition, tech spur consolidation of construction, design firms

As a result of the long recession and the ability to collaborate more closely thanks to growing adoption of new technologies, a trend has developed of architectural, engineering and construction firms consolidating into AEC firms. The trend is discussed in detail in a new report by FMI and Philip Warner research consultant Steve Isaacs. “…The […]

December 4, 2012

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Manitou Americas adds Kirby-Smith as telehandler dealer

Manitou has added Kirby-Smith as an authorized dealer for Manitou MT Series Construction Telescopic Handlers throughout Texas and Oklahoma. Kirby-Smith provides products for the construction, rental and industrial markets. The dealership’s Texas locations are in Abilene, Amarillo, Dallas, Fort Worth and Lubbock; Oklahoma locations are in Oklahoma City and Tulsa. For more information about Manitou […]

December 4, 2012

Construction spending hits highest mark in 3 years

Construction spending increased by 9.6 percent in the year between October 2011 and October 2012, to a 37-month high of $872 million, according to seasonally-adjusted data released by the United States Census Bureau. “…Construction has finally come out of its long slump,” said Ken Simonson, chief economist for the Associated General Contractors of America, in […]

December 3, 2012

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TBEI hires Nicole Kyle as marketing manager

Truck Bodies & Equipment International (TBEI) has hired Nicole Kyle as the company’s marketing manager. Kyle will be based at TBEI corporate offices in Lake Crystal, Minnesota, where she will manage marketing for TBEI brands Crysteel, Rugby, DuraClass, and J-Craft. Kyle has more than 15 years of experience, most recently with Iowa Mold Tooling (IMT). […]

December 3, 2012

Construction industry spends least on IT

On average, construction companies only spend 1.35 percent of their revenues on information technology, placing the industry last behind 14 others in a report done by Gartner Research. Construction companies with revenue of $250 million were found to spend 1.6 percent of their revenues on IT, while those companies with revenue of $10 billion were […]

December 3, 2012

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Residential revitalization brings construction to downtown Boston

The city of Boston is seeing its own spike of residential construction. And to the city’s surprise, a lot of it is happening downtown, The Boston Globe reported. The Globe reports that the downtown area is actually morphing “into a full-blown neighborhood.” The area, which has struggled for years, will experience updates through some remodels as […]

December 3, 2012

Contractor’s differing site condition claim denied because soils reports indicated difficult soils

Contractor’s Differing Site Condition Claim Denied Because Soils Reports Indicated Difficult Soils (For a downloadable PDF of this “In Court,” click here.) The uncertainty that contractors face regarding unknown subsurface conditions is the contractor’s greatest risk. This type of risk is inherent on most road and heavy construction projects, and is based on the fact […]

December 1, 2012

Fontaine creates 100 jobs in Jasper, Alabama

Fontaine Trailer is adding 100 jobs in Jasper, Alabama, AL.com reported. According to the Birmingham Business Journal, the jobs will come as a result of an expansion project. Part of the funding will come from a portion of the $500,000 community development block grant Alabama Governor Robert Bentley awarded for two expansion projects in Walker […]

November 30, 2012

Construction of Apple’s spaceship-like campus delayed

Though the iconic technology company originally planned to move in by 2015, it’s likely that construction of Apple’s new futuristic and (very) green campus won’t even be completed until 2016, Bloomberg reports. Apple says it has taken just as much care into designing the campus, appropriately named “Apple Campus 2,” as it does in designing […]

November 30, 2012

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Delaware contractor won’t have to pay Black Friday work fine

While millions across the country got up early to shop last Friday to take advantage of a few good deals, six construction crews in Bethany Beach, Delaware went to work — and got just the opposite, USA Today reports. Contractor Bruce Mears, whose crew is building a home in the town, told USA Today that […]

November 30, 2012

Usa Today Black Fridaycontractor

SITECH Technology establishes dealers in Northwest

SITECH Technology has established dealerships in Washington and Montana and in several adjacent counties in North Dakota and Wyoming, collectively known as SITECH Northwest. The dealerships carry Trimble and Caterpillar machine control systems for heavy equipment of most brands. For more information about SITECH or to locate these dealers, visit sitech-locator.com.

November 30, 2012

Is housing really back?

Here’s a tip that can save you a lot of time. Whenever you see a report on TV or in your daily newspaper heralding the resurgence of the housing market…ignore it. Various pundits have wrongly predicted housing’s return for four years now, and as of this writing, the media has run a month-long string of […]

November 30, 2012

Reporter-Housing

FMI: Construction-put-in-place, employment on the rise

FMI has released its Third Quarter 2012 Engineering and Technical Professional Services Industry Update, anticipating construction put in place to increase between 5 percent, to $826 billion, and 7 percent, to $882.4 billion, in 2013. This growth is expected to include solid recovery in housing, strong growth in power construction and slow growth in commercial […]

November 29, 2012

Report forecasts shortage of 2 million trade workers in U.S.

The Construction Labor Market Analyzer (CLMA) has released its 20/20 Foresight Report for Q4 2012, which forecasts a nationwide shortage of nearly 2 million workers. The report estimates future labor demand for the Southeast Manpower Tripartite Alliance (SEMTA) region, which includes Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas and […]

November 29, 2012

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Yearly construction fuel consumption up 5.2 percent

WEX and IHS have released the results of the WEX Construction Fuel Consumption Index (FCI), which indicated a 5.2-percent increase year-over-year in October. The WEX Construction FCI measures national fuel consumption statistics for the construction industry to provide an indication of construction activity in the United States. WEX tested the indicators at monthly, quarterly, and […]

November 28, 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.