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Business: Page 180
Business
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
Business
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
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Business
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
Business
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
Business
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
Business
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
Business
Are you concerned about the Fiscal Cliff?
December 17, 2012
Business
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
Business
Construction companies grow while other sectors slow
A new report from Forbes based on numbers from financial information firm Sageworks says that privately-owned construction companies have “bucked the overall trend” and have seen their sales growth continue while other sectors have seen them slow. Construction companies have seen their sales grow since 2009, according to the Sageworks data. They saw 10.19 percent […]
December 14, 2012
Business
Construction materials prices fall in November
Construction materials costs declined in November, aided by a plunge in diesel prices along with smaller decreases in a variety of other inputs, according to an Associated General Contractors of America (AGC) analysis of federal figures. The producer price index (PPI) for all construction inputs for the 12 months ending in November rose 1 percent, […]
December 13, 2012
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
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
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