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Business: Page 175
Business
On Record: Quotes from the construction front lines
When they’re not dodging snowflakes, our editors relish this season, since it’s the time when we visit our Contractor of the Year finalists. We’re still in the middle of making the rounds, but are already hearing great quotes from the front lines. Here’s a recap: Starting a business gets in your blood. When managing editor […]
February 4, 2013
Business
Get more from 3- to 4- cubic-yard wheel loaders by avoiding misuse and abuse
Call it what you will – multiple personality disorder, dissociative identity disorder, split personality – wheel loaders in the 3- to 4-cubic-yard reference bucket capacity size have it bad. While larger loaders typically focus on production, loaders in this size perform lots of different jobs. “These loaders find their way into almost all applications,” […]
February 1, 2013
Sponsor Content
Choosing The Right Tire and Track Patterns for Maximum Productivity
Maxam Tire North America
July 7, 2026
Business
Controversial mileage-based tax has potential to generate meaningful transportation revenue
Despite its potential to increase revenues, the establishment of a vehicle miles traveled (VMT) tax is not likely to happen any time soon, Transportation Nation reported. One reason may be commuters’ concern for privacy. According to a study released last week, 86 percent of Washington metropolitan area commuters don’t want a GPS device installed in […]
February 1, 2013
Business
Recession results in evolving construction markets
Prolonged periods of economic difficulty add velocity to evolutionary changes in many industries. The Great Recession and the long shadow it continues to cast on the construction industry is certainly an example. Within the construction industry, the most obvious evolutionary change has been cautious, conservative business management strategies, but there have been many others as […]
February 1, 2013
Business
Construction spending up 7.8 percent annually in December
Construction spending increased by 7.8 percent in the year between December 2011 and December 2012, to a three-year high of nearly $885 million, according to seasonally-adjusted data released by the United States Census Bureau. Month-to-month, the preliminary spending figure of $865.9 million was down 0.9 percent from November 2012’s revised figure of $877 million. The […]
February 1, 2013
Success Stories
Fourth-generation grading firm evolves with industry changes
The story of Steger Construction, Dyersville, Iowa, is one of generations. The family business, one of our 2013 Contractor of the Year finalists, began in 1948 with Herb and Fay Steger, grandfather and uncle of present owner, Jesse Steger. And now Jesse’s son, Paul, has joined the firm. As Paul — a University of […]
February 1, 2013
Roadbuilding
Low bid called ‘non-responsive’
Low bid called “non-responsive” Rejection after failure to follow RFP requirements results in DOT rejection (For a downloadble PDF of this “In Court,” click here.) A goal of public contracts is to procure goods and services at the best price possible while maintaining a level playing field for all bidders. This is accomplished through competitive […]
February 1, 2013
Success Stories
Robert Brash, Roice Construction, found his career on a whim
Editor’s Note: Robert Brash was a finalist for 2012 Contractor of the Year. He started Roice Construction in 2000 in Allison Park, Pennsylvania. He has 16 employees with annual volume of $3 million to $5 million. He serves the site prep, utility and stormwater markets. Bob Brash has always been a hands-on guy who likes […]
January 31, 2013
Business
Thompson Pump names KM Specialty Pumps & Systems as representative
Thompson Pump and Manufacturing has appointed KM Specialty Pumps & Systems as a regional sales, rental and service representative for Thompson Pump products in parts of Indiana, Illinois and Kentucky. KM Specialty is headquartered in Chandler, Indiana, and supplies pumping equipment and accessories, lubricants, lubrication equipment, automated lubrication systems and custom-engineered bulk lubricant transfer systems. […]
January 31, 2013
Business
Manitou sales grow 12 percent in 2012
Despite a slow fourth quarter, Manitou saw a 12 percent growth in net sales in 2012 over the previous year. Each of the group’s three divisions saw gains in 2012. Net sales in 2012 finished at €1.26 billion ($1.7 billion U.S.), up 12 percent from the €1.13 billion ($1.5 billion U.S.) in 2011. Quarter four […]
January 31, 2013
Business
AEMP announces registration deadlines for Certified Equipment Manager Exams
The Association of Equipment Management Professionals recently announced the dates and registration deadlines for its Certified Equipment Manager Exams. The tests will be held in all 50 states here in the U.S. as well as in more than 165 countries. The CEM is construction’s only recognized certification for judging the qualifications of a manager of […]
January 31, 2013
Business
CNH sales increase 8 percent in 2012 despite dip in construction sales
CNH Global announced today that it saw sales increase 8 percent in 2012 to $19.4 billion — no thanks to construction equipment. Construction equipment sales dipped 3 percent to $3.8 billion. Picking up the slack was agricultural equipment sales which were up 10 percent to $15.7 billion. The breakdown of net equipment sales finished at […]
January 31, 2013
Business
Komatsu shuffles leadership, names Tetsuji Ohashi President and CEO
Komatsu recently announced a few changes to its senior leadership team that will take effect April 1. Current President and CEO Kunio Noji will become Chairman of the Board, filling a vacancy left by Masahiro Sakane who will be retiring from that position. Sakane will not be leaving the company entirely however, and will instead […]
January 31, 2013
Business
Construction fuel consumption index up 3.5 percent in December
WEX and IHS have released results of the WEX Construction Fuel Consumption Index (FCI), which indicated an increase of 3.5 percent in December over December 2011. 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 December 2012, the […]
January 30, 2013
Business
Do you have the leadership gene?
If you’ve struggled with managing your company or crew, you may have tried to improve your skill set, either through seminars or research. You’re not alone: Googling “leadership” will give you about 460,000,000 results. However, a study has determined that leaders can also be born, as well as bred. British researchers have found in a […]
January 30, 2013
Business
Economist forecasts construction to add 140k jobs in 2013
Piggybacking off of news earlier this month that the construction industry added 30,000 jobs in December, a report from the Associated Press cites a forecast that projects the industry adding 140,000 jobs in 2013. Patrick Newport, an economist at IHS Global Insight, made the projection, noting what a massive improvement it would be over 2012 […]
January 29, 2013
Business
WSJ: Sany shrugs off low sales, says it can be no. 1 equipment manufacturer
After building a $60 million facility in Atlanta, Sany is still waiting for its U.S. investment to pay off. But it still has high hopes, according to an interesting profile of the company done by the Wall Street Journal. The WSJ profile describes the loads of extra space in the company’s office building and warehouse […]
January 29, 2013
Business
Transportation Secretary LaHood changes mind, plans to step down
After telling Bloomberg one week ago that he planned to continue as Transportation Secretary for President Barack Obama’s second term, Ray LaHood has told the Associated Press he will step down. LaHood was the only Republican left in Obama’s cabinet. The former Illinois congressman said he will remain at his post until his successor is […]
January 29, 2013
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