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Business: Page 190
Business
New CEO, other top management named at Knife River
MDU Resources Group Inc. on Dec. 20 named John G. Harp as CEO of Knife River Corp., a subsidiary of MDU. Harp also will continue in the position of CEO of MDU Construction Services Group Inc. Together, MDU Resources’ construction operations have exceeded revenues of $2.3 billion during the 12-month period ending Sept. 30 and […]
January 3, 2012
Business
North Texas Tollway Authority breaks ground on Chisholm Trail Parkway
The North Texas Tollway Authority (NTTA) held two groundbreaking events in Johnson and Tarrant counties on Dec. 20 to commemorate the start of construction on the entire Chisholm Trail Parkway, a project more than 40 years in the making.
January 2, 2012
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February 19, 2025
Business
Cat votes to maintain quarterly dividend of 46 cents per common stock share
The Board of Directors of Caterpillar Inc. on Dec. 14 voted to maintain the quarterly cash dividend of 46 cents per share of common stock, payable February 18, 2012, to stockholders of record at the close of business, Jan. 20, 2012. “As we come to the close of 2011, I am pleased with Caterpillar’s strong […]
December 20, 2011
Business
LaHood: Funding for 46 innovative transportation projects through TIGER round 3
U.S. Transportation Secretary Ray LaHood on Dec. 15 announced that 46 transportation projects in 33 states and Puerto Rico will receive a total of $511 million from the third round of the U.S. Department of Transportation’s (DOT) popular TIGER program. The announcement comes months ahead of schedule, and will allow communities to move forward with […]
December 20, 2011
Business
United buys RSC
In a $4.2 billion transaction, United Rentals has bought the number-two player in the rental market, RSC Holdings. United Rentals says the buy creates a company with “more attractive business mix, greater scale and enhanced growth prospects.” In addition, the combination will accelerate United’s growth with industrial customers and “provide a lower cost base and […]
December 20, 2011
Business
Cat selling part of Bucyrus distribution business to Sime Darby Industrial
Caterpillar Inc. announced Dec. 13 that the Industrial Division of Sime Darby Berhad has acquired a portion of the former Bucyrus distribution business, which was included in Caterpillar’s purchase of Bucyrus. The transaction, valued at approximately $360 million(subject to certain adjustments), encompasses the Sime Darby Industrial Cat dealerships operated by Hastings Deering in Queensland and the […]
December 15, 2011
Business
TRIP report ID’s ‘The Top 50 Surface Transportation Projects to Support Economic Growth and Quality of Life in Maine’
In order to adequately support Maine’s existing industries and provide for additional economic growth, the state will need to make numerous improvements to its surface transportation system. This is according to a new report released today by TRIP, a Washington, DC based national transportation research organization. TRIP’s report, “The Top 50 Surface Transportation Projects to […]
December 15, 2011
Business
K&E hires director of operations
K&E Excavating hired Rick Anderson as director of operations for K&E, a newly-created position in the company in which Anderson will focus on strategic planning, oversee daily operations and maximize efficiency of the business. “We believe the addition of a Director of Operations will position K&E to operate smarter and more efficiently in a competitive economy,” […]
December 14, 2011
Business
LaHood: $177 million to Illinois to connect Chicago and Quad Cities
U.S. Transportation Secretary Ray LaHood on Dec. 12 announced more than $177 million for the Illinois Department of Transportation (IDOT) for a passenger rail project that will operate twice-daily round-trip service between Chicago and the Quad Cities and put nearly 2,000 Americans back to work this spring. “With America’s population set to grow by 100 […]
December 14, 2011
Business
TRIP: ‘Growth and Quality of Life in Maine’ report released tomorrow
TRIP, a national nonprofit transportation research group based in Washington, DC., will release “Growth and Quality of Life in Maine,” at a news conference in Portland, Maine, at 10 EST a.m. on Dec. 15. The most-needed surface transportation improvements in Maine include 35 projects to build, expand or modernize highways or bridges, five projects to […]
December 14, 2011
Business
K&E Excavating names director of operations
K&E Excavating, a construction company working in Oregon, Washington and California, appointed Rick Anderson to their executive management team. Anderson will fill the newly created position of director of operations for K&E. Anderson earned a Master of Business Administration from George Fox University and has more than 17 years of experience in operations management. He is […]
December 13, 2011
Business
Reporter Extra
1,100 videos and counting What Chris Guins calls an “accident” has led to a presence on YouTube that has helped his uncle’s construction firm get a couple of jobs, given him friends who share the same passion for equipment … and generated a lot of interest. “I bought a digital camera and accidently ended up […]
December 9, 2011
Business
Reporter
New Kohler diesel engines bypass DPF solution Applying “tried-and-true technologies from the on-road diesel marketplace,” Kohler and sister engine brand Lombardini have developed a new family of Tier 4 Final emissions-compliant power solutions that avoid the use of particulate filters. The result will be a compact engine built without the additional bulk required for a […]
December 9, 2011
Business
World of Asphalt 2012 to provide education opportunities
Industry professionals in the aggregates, asphalt, highway/street, pavement maintenance and traffic safety sectors can attend the 2012 World of Asphalt Show & Conference March 13-15, 2012 at the Charlotte Convention Center in Charlotte, North Carolina. The 2012 AGG1 Aggregates Forum & Expo will be held at the same place and time. World of Asphalt will […]
December 9, 2011
Business
Machine Matters
A Big Market More players jump in to a North American HDD market increasingly focused on maxi-rigs Big opportunities are leading to demands for big equipment in the directional drilling market. At this fall’s International Construction and Utility Equipment Exposition (ICUEE), maxi-rigs generated the most attention. HDD Broker’s Bob Martin notes strong demand for […]
December 9, 2011
Business
Volvo Rents opens first Kansas locations with acquisition
Volvo Rents has acquired Richardson Equipment Company LLC (R-Quip Equipment Rentals), a two-location construction equipment rental company based in Kansas, with stores in Wichita and Pittsburg. This is the latest move as part of the company’s recent surge of more than 50 acquisitions in the last 12 months, lifting its North American total to more […]
December 8, 2011
Business
Contractor of the Year Finalist
Terry and David Quam Willmar, Minnesota It will take more than snow and the recession to slow these contractors down. Quam Construction Year started: 1956 Number of employees: 44 Annual volume: $14 million Markets served: Sewer, water, excavation, snow removal and demolition When natural disasters force everyone else indoors, Terry and David Quam gear up […]
December 8, 2011
Business
Maser Consulting merging with KZA Engineering
Maser Consulting P.A., based in Red Bank, N.J., is pleased to announce that it is merging with KZA Engineering P.A., based in Manasquan, N.J. As a result of this merging, Maser Consulting will employ 325 professionals throughout the Northeast and Mid-Atlantic regions. “Our merging with KZA will enable Maser Consulting to expand our footprint across […]
December 7, 2011
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