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Business: Page 195
Business
Parsons appoints VP, MENA+ talent management
Daniel L. “Dan” Garbutt has assumed the position of vice president, MENA+ Talent Management at Parson. In his new role, Garbutt will be responsible for leading Parsons’ human capital initiatives and programs in the MENA+ region, which includes the Middle East, North Africa, and the northern Mediterranean Sea border countries. Throughout Garbutt’s 15 years with […]
May 10, 2012
Business
Construction Coalition for a Drug- and Alcohol-Free Workplace formed
Five of the nation’s largest construction trade associations have teamed up to form the Construction Coalition for a Drug- and Alcohol-Free Workplace (CCDAFW). The coalition’s mission is to create a drug- and alcohol-free construction industry by providing companies and organizations with the resources necessary to implement drug- and alcohol-free policies into their business practices. CCDAFW […]
May 9, 2012
Sponsor Content
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October 7, 2026
Business
27 airports in PA getting $12.6 million investment
Twenty-seven airports across Pennsylvania will improve facilities and enhance safety with a $12.6 million investment of federal and state funds, Pennsylvania Gov. Tom Corbett announced on May 1. “More than 290,000 people in Pennsylvania rely on the aviation industry for jobs,” Governor Corbett said in a press release. “It’s vital to maintain investments in these […]
May 8, 2012
Business
Profile Products hires former Minnesota DOT employee
Profile Products has hired Adam Popenhagen as regional market development manager. Popenhagen’s territory will consist of North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Wisconsin, Michigan, Iowa, Illinois, Indiana and Kentucky. Popenhagen holds a bachelor’s degree in business management from the University of Wisconsin-River Falls and an associate’s degree in turfgrass management from Anoka-Hennepin Technical College […]
May 8, 2012
Business
Granite Q1 2012 results show 21-percent revenue increase
Watsonville, Calif.-based Granite Construction has reported a net loss of $12 million, or $0.31 per diluted share, for the first quarter of 2012 compared with a net loss of $9 million, or $0.24 per diluted share, for the first quarter of 2011. “Overall, I am pleased with our start to the year as mild weather […]
May 8, 2012
Business
MDU Resources Group reports Q1 earnings of $42.8 million
MDU Resources Group on April 30 reported first quarter consolidated earnings of $35.6 million, or 19 cents per common share, compared to $42.8 million, or 23 cents per common share for the first quarter of 2011. First quarter 2011 earnings include the effect of an approximate $4 million benefit related to the favorable resolution of […]
April 30, 2012
Business
United Rentals/RSC merger final
United Rentals completed its previously announced acquisition of RSC in a cash-and-stock transaction valued at $4.2 billion, including $2.3 billion of net debt. The combined company will be called United Rentals. United Rentals says the combination of the two companies creates a leading North American equipment rental company with a more attractive customer mix, greater scale and […]
April 30, 2012
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
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
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