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Business: Page 185
Business
M&A activity may pick up as spring nears
There were no deals to report in the construction materials sector in January. That said, a number of the multi-national companies made acquisition overseas, and the battle continues between Martin Marietta Materials Inc. and Vulcan Materials Co. Before one thinks that the lack of deals in January is an indication of a slowdown in merger […]
March 21, 2012
Business
Can You Hear Me Now?
Customer feedback programs allow operators to play a larger role in equipment design and evolution. After Gregg Perrett, owner and president of Valentine, Neb.-based Perrett Construction, tried for at least a year to give input to manufacturers about his experience operating their equipment — but to no avail — his opportunity finally arrived. The store […]
March 21, 2012
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Business
State and Province News March 2012
To keep up to date with this breakdown of news in the United States and Canada, visit www.AggMan.com for daily updates. California Graniterock once again hosted more than 50 middle school students for a week-long Algebra Academy at its corporate office in Watsonville. According to a company press release, the program is part of […]
March 21, 2012
Business
Bendix announces updates to safety systems
Bendix kicked off the press conference schedule at the Mid-America Trucking Show, announcing several updates to active safety systems. In 2011, the company sold 50,000 ESP full stability control systems, representing a penetration level of 17 percent. To date, 150,000 ESP systems have been sold. For 2012, Bendix predicts it will reach 200,000 ESP systems […]
March 21, 2012
Business
Cummins: 2014 compliant engines ready in 2013
Cummins announced its lineup of diesel engines will meet 2014 fuel efficiency and greenhouse gas regulations beginning in January 2013. The new engines will deliver up to a 2 percent fuel economy improvement over comparable engines being produced today and will use the same “critical engine sub-systems” such as variable-geometry turbochargers, high-pressure fuel systems and […]
March 21, 2012
Business
Granite Construction named as one ‘World’s Most Ethical Companies’
Granite Construction Inc. has been recognized by the Ethisphere Institute as one of the 2012 World’s Most Ethical Companies. Granite says it made the list by setting the industry standard for its commitment to bettering the communities in which it works, promoting sustainable business practices and setting the highest levels of ethical behavior in the […]
March 21, 2012
Business
Bendix announces updates to safety systems
Bendix kicked off the press conference schedule at the Mid-America Trucking Show, announcing several updates to active safety systems. In 2011, the company sold 50,000 ESP full stability control systems, representing a penetration level of 17 percent. To date, 150,000 ESP systems have been sold. For 2012, Bendix predicts it will reach 200,000 ESP systems […]
March 21, 2012
Business
Liebherr breaks ground on Florida sales, service center
Equipment manufacturer Liebherr Group and Miami-based Maco Group Construction broke ground Monday on a new sales, service, parts and warehouse distribution center in Hialeah Gardens, according to the Fort Lauderdale Sun-Sentinel. The partnership’s new venture will eventually create 80 to 120 jobs, says the newspaper. The 40,000-square-foot distribution center will serve as a major hub […]
March 21, 2012
Business
Cost of construction materials escalates dramatically
The cost of construction materials accelerated dramatically in February after moderating for several months, according to an analysis of producer price index figures released today by the Associated General Contractors of America. As a result, construction firms will be forced to pay more for key materials even as demand for construction remains weak. “Prices for […]
March 15, 2012
Business
2013 GM 2500HDs bi-fuel
Chevrolet and GMC today announced details of General Motors’ bi-fuel 2013 Chevrolet Silverado and GMC Sierra 2500 HD extended cab pickup trucks at the NTEA Work Truck Show in Indianapolis, IN. The vehicles include a compressed natural gas (CNG) capable Vortec 6.0L V8 engine that seamlessly transitions between CNG and gasoline fuel systems. The truck […]
March 13, 2012
Business
GM debuts bi-fuel Sierra, Silverado pickup trucks
Chevrolet and GMC today announced details of General Motors’ bi-fuel 2013 Chevrolet Silverado and GMC Sierra 2500 HD extended cab pickup trucks at the NTEA Work Truck Show in Indianapolis, IN. The vehicles include a compressed natural gas (CNG) capable Vortec 6.0L V8 engine that seamlessly transitions between CNG and gasoline fuel systems. The truck […]
March 13, 2012
Business
Daimler recalling Freightliner, Western Star trucks
Daimler Trucks North America is recalling more than 103,000 of its Class 8 trucks manufactured between 2006 and this year, it said in a notice to the National Highway Traffic Safety Administration. The recall is to fix an engine fuel line that could be damaged during maintenance, NHTSA said. “The pump to rail high pressure […]
March 13, 2012
Business
Volvo Rents acquires Great Plains Rent-All in OK
Volvo Rents has acquired Great Plains Rent-All, a four-store equipment rental company based in Southern Oklahoma, with stores in Ada, Ardmore, Duncan and Durant. The company says this latest move is part of the company’s recent surge of more than 50 acquisitions in the last 12 months and comes at a time when more customers […]
March 12, 2012
Business
MDU Resources reaches new Bakken field production record, acquires additional Bakken acreage
MDU Resources reaches new Bakken field production record, acquires additional Bakken acreage
March 12, 2012
Business
Southeastern Equipment hires Steven Croucher as service manager
Southeastern Equipment hires Steven Croucher as service manager
March 11, 2012
Business
Baird, RER publish quarterly survey
Baird, in partnership with Rental Equipment Register magazine (RER), published the results of its fourth-quarter 2011 rental equipment industry survey, which showed rental revenue growth of 11.5 percent. Respondents reported a steady demand in industrial markets while non-residential construction continues to suffer, though some regions are beginning to show improvement. The survey showed, however, residential […]
March 8, 2012
Business
President Obama visits Daimler plant in Mt. Holly, N.C.
During a visit to the Daimler Trucks North America (DTNA) manufacturing facility in Mount Holly, N.C., on March 7, President Barack Obama announced a $1 billion National Community Deployment Challenge designed to spur deployment of clean, advanced vehicles in communities around the country. He also congratulated Daimler on the production of its 1,000th Freightliner natural gas truck, and for adding 1,000 workers to the plant last year, many of whom had been laid off during the recession.
March 7, 2012
Business
THE BEST FEATURE: SUPERIOR FINANCIAL TRACTION
The Charles Machine Works(CMW) Inc., manufacturer of Ditch Witch® underground construction equipment, has introduced a new line of compact and powerful walk-behind trenchers. The Ditch Witch RT12, RT16, RT20, and RT24 are designed and manufactured to provide an exceptional return on investment for small business owners, particularly equipment rental companies. Heavy-duty components, low-maintenance hydraulic systems, […]
March 7, 2012
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