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Business: Page 183
Success Stories
Steve Cosper, Granite Contracting, Contractor of the Year, 2012
By Tom Jackson Steve Cosper got his love of construction as a teenager working summer jobs. But it was his keen appreciation for financial management and an aggressive use of digital technology that helped his company survive the recession. Dusting off bluetops for a highway contractor in the hot Alabama sun may not seem like […]
April 29, 2012
Business
On Record
Heavy blow to light equipment manufacturer By Marcia Gruver Doyle In 2007, I interviewed Lynne Woodworth, then CEO and president of Stone Construction Equipment in the upstate New York town of Honeoye. When M&T Bank foreclosed on the light equipment manufacturer in early March, I revisited my interview notes: “You’ll soon find that this is […]
April 27, 2012
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Business
Maintenance
Fleet managers SPEAK OUT on the technician shortage What are the problems, what are the solutions … if any? By Tom Jackson Doug King knows all too well that good diesel mechanics are hard to find. King is an Association of Equipment Management Professionals, Certified Equipment Manager* who oversees more than 900 pieces of heavy […]
April 27, 2012
Business
Back Page
ANTIQUE IRON Keep it in the Family By Tom Jackson When your family is in the quarry business, you tend to run through a lot of heavy equipment. But there’s a sentimental reason Larry Kotkowski, president of Lakeside Sand and Gravel, Mantua, Ohio, has hung onto this 1942 Bucyrus-Erie 15B shovel. It’s the machine his […]
April 27, 2012
Business
Lafarge moving headquarters to Chicago
Lafarge will move from Herndon to Chicago in the fall, according to Illinois state officials who enticed the firm with financial incentives, The Washington Post reports. The North American headquarters of building-materials Âgiant Lafarge will move from Herndon to Chicago in the fall, according to Illinois state officials who enticed the firm with financial incentives, […]
April 27, 2012
Business
Illinois Tollway approves nine contracts worth $172 million
The Illinois Tollway Board of Directors on April 26 approved the award of nine contracts worth nearly $172 million for design and construction management services, including contracts to begin preparing for the reconstruction and widening of the Jane Addams Memorial Tollway (I-90) and construction of the Elgin O’Hare West Bypass. These contracts will enable construction […]
April 26, 2012
Business
Terex 1Q sales increase 16% over 2011
Terex announced first quarter net sales of $1,819.4 million, an increase of 44.8% from $1,256.2 million in the first quarter of 2011. Excluding the impact of the acquisition of Demag Cranes, net sales increased approximately 16% from the comparable prior year period. “We are pleased that 2012 is developing as planned,” stated Ron DeFeo, Terex […]
April 26, 2012
Business
Cat Financial reports $668 million in Q1 2012 results
Cat Financial reported first-quarter 2012 revenues of $668 million, an increase of $28 million, or 4 percent, compared with the first quarter of 2011. First-quarter profit after tax was $120 million, a $37 million, or 45 percent, increase from the first quarter of 2011. The increase in revenues was principally due to a $47 million […]
April 25, 2012
Business
NY contractors get FWHA help to compete for Tappan Zee Bridge replacement contract
An April 20 workshop was held in advance of advertising contracts for the Tappan Zee Bridge replacement project to help disadvantaged business enterprises (DBEs) in New York and its neighboring states better compete for contracts and help DBEs subcontracting opportunities on the project. “President Obama has called on us to rebuild America by putting people […]
April 23, 2012
Business
Penn State chooses Parsons exec as 2012 Outstanding Engineering Alumnus
Thomas L. “Tom” Roell, group executive for operations and risk at Parsons, has been selected as one of 13 Outstanding Engineering Alumni for 2012 by Pennsylvania State University’s (Penn State’s) College of Engineering.
April 19, 2012
Business
Illinois DOT holds public hearing on Elgin O’Hare West Bypass
The Illinois Department of Transportation (IDOT) and the Illinois Tollway are hosting a public hearing on the Draft Environmental Impact Statement (EIS) for the Elgin O’Hare West Bypass (EOWB) Project tonight, April 18, from 5 to 8 p.m. at the Belvedere Banquets, 1170 W. Devon Avenue in Elk Grove Village.
April 18, 2012
Business
American Rental Association joins Constant Contact Partner Program
The American Rental Association (ARA) has joined the Constant Contact Partner Program, which will enable the association to provide its members with easy-to-use email marketing, social media marketing, event marketing and online survey tools to help create and build strong, lasting relationships with their rental customers. “We are always looking for new benefits that can […]
April 16, 2012
Business
Manitowoc names senior regional business manager
Manitowoc named Bruce Peterson as senior regional business manager for the North America Midwest territory. His duties include working with Manitowoc Crane distributors Kirby Smith, Hayden Murphy and Walter Payton Power to develop and strengthen Manitowoc’s market presence and share. He will report directly to Joe Maslizek, vice president of sales for lattice and hydraulic […]
April 13, 2012
Business
Volvo Rents acquires Nelico Equipment Service
Volvo Rents has acquired Nelico Equipment Service and Supplies, a three-store operation with construction equipment rental showrooms in Mills and Rock Springs, and a contractor supply location in Casper, Wyoming.
April 12, 2012
Business
TRIP report names top 40 surface transportation projects in MD
TRIP releasing report of top 40 surface transportation projects in MD
April 10, 2012
Business
Heavier Workload: 30- to 50-metric-ton crawler excavators winning over new customers with added versatility
By Mike Anderson Impressing veteran equipment operators is never easy. For Georgia contractor Lee Deas IV, though, a light bulb turned on the day he pulled himself into the cab of a 72,000-pound crawler excavator. “I’ve run small excavators my whole life, but it’s a whole different ballgame when you get on something that big,” […]
April 5, 2012
Business
Final Take
Building a Future Fun day draws a new generation to construction By Amy Materson  How do you attract new people to an industry with an aging workforce? That was the question David Demby of David’s Landscaping and Design in Erie, Pennsylvania, found himself asking a couple of years ago. He felt the best method […]
April 5, 2012
Business
Equipment World Digital Plus
C/V: Chrysler’s commercial van offers cost-effective option for hauling, towing Product Focus: More grinders, chippers and shredders Digital Marketplace: New products from Knaack, Sokkia, Telogis and more     Product Report: Ram Cargo Van Ram Cam Chrysler’s new entry into the commercial van market proves fleet of feet, easy on the pocketbook. By […]
April 5, 2012
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White Papers
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.
