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Business: Page 2

Market Pulse
Readers' Poll: Construction Industry Weighs in on Timing of Interest Rate Cut
The Federal Reserve lowered interest rates in September for the first time since 2024. Here's what Equipment World readers had to say about it.
October 30, 2025
No majority consensus appeared among Equipment World readers on whether the September rate cut was timed correctly.
Contractor of the Year
“Itching to Get Back at It” – South Carolina Contractor Thrives on Low-Bid Work
Lindler's Construction co-owners tell how they’ve succeeded in low-bid contracting after 20 years in business.
October 29, 2025
How To Win Low Bid Construction Work
Sponsor Content
6 Strategies for Managing Farm Equipment
Shell
November 16, 2025
6 Strategies for Managing Farm Equipment
Roadbuilding
Work Begins on Arizona’s Largest-Ever Highway Construction Project
Engineering firm Jacobs and general contractor Sundt Construction won the $600 million design-build contract.
October 28, 2025
Work on the $600 million project, seen here, began in June 2025.
Cranes
Crane Collapse Kills 2 Workers in Massachusetts
It appears a cable on the crane, which was on a barge, snapped, causing the boom to crash onto the docks, according to the city's mayor.
October 27, 2025
The crane collapse occurred October 24 at docks near 201 Rover St. in Everett, Massachusetts, according to the Everett Police Department.
Maintenance
Thunder Creek Showcases New Multi-Tank Oil Skid at Utility Expo
The new Thunder Creek MTOS has six tanks available in sizes of 25, 55 or 115 gallons.
October 27, 2025
Contractors can hold up to fluids in six tanks on the new MTOS.
Roadbuilding
"Uncommon Closure": Marines' Artillery Shot Covers California's I-5 in Shrapnel
“This was an unusual and concerning situation,” said a highway patrol chief about the unexpected closure stemming from the Corps' 250th anniversary.
October 24, 2025
A piece of shrapnel after striking the hood of a California Highway Patrol vehicle
Contractor of the Year
How NC Communications Built a 25-Year Legacy in North Carolina’s Telecom Industry
Kristopher Kornegay founded the company, which installs underground and above-ground fiber optics, with one employee and a truck in 1998.
October 22, 2025
Nicole and Kristopher Kornegay co-own NC Communications in Youngsville, North Carolina.
Roadbuilding
Illinois Governor Announces Record $50.6B Infrastructure Program
The state's roads and bridges are targeted for $32.5 billion worth of improvements spread over six years.
October 22, 2025
Illinois’ roads and bridges will get $32.5 billion of the $50.6 billion over the next six years.
Market Pulse
Equipment Manufacturers Talk 2025 Challenges, 2026 Goals at Utility Expo
Five OEMs outline how tariffs, interest rates and political uncertainty are driving customer buying decisions and what to expect next year.
October 20, 2025
This year's Utility Expo took place in Louisville, Kentucky, October 6-8.
Business
Fayat Group Names Industry Veteran Paul Hense as Road Equipment President
Hense takes the reins at a time of expansion and reorganization at Fayat, which owns Dynapac and BOMAG.
October 20, 2025
Paul Hense oversaw Dynapac's business during his time at its former parent company, Atlas Copco.
Roadbuilding
ARTBA Taps Caterpillar Construction Equipment Leader as New Chairman
Anthony Fassino, group president of Caterpillar Construction Industries, plans to focus on federal highway funding and solutions to regulations.
October 17, 2025
Anthony Fassino, group president of Caterpillar Construction Industries, speaking at an American Road & Transportation Builders Association event.
Contractor of the Year
How This Illinois Contractor Turned Unwanted Jobs into a $14M Business
B&T Drainage takes on complex underground utility and drilling jobs that most crews try to avoid – and it's paid off.
October 15, 2025
Band T Thumb
Business
Zachry to Buy Water-Sewer Infrastructure Contractor Crescent Constructors
The deal will help Zachry expand into the fast-growing water segment and will give Crescent larger market reach.
October 14, 2025
Crescent Constructors' McKinney Transfer Lift Station project.
Regulations
USDOT Overhauls DBE Program, Calling it “Discriminatory, Unconstitutional”
DBE businesses must now reapply for the program, which no longer presumes disadvantage based on race or gender.
October 13, 2025
DBEs will now be required to prove their socially disadvantaged status to qualify for USDOT's DBE program.
Business
Section 179, Bonus Depreciation Get Big Raises for 2025 Equipment Buys
The Section 179 tax deduction has doubled for 2025, and bonus depreciation has returned to 100% for new and used equipment.
October 10, 2025
The Section 179 tax deduction has doubled for 2025, and bonus depreciation has returned to 100% for new and used equipment.
Business
ABC Economist: Risk of Recession Rises But Still Not in Sight for 2025
He predicts a return of inflation, interest rates remaining higher for longer and the middle-class facing worsening financial circumstances.
October 9, 2025
Construction Materials Getty Images 940251778
Business
Toro to Buy Canadian Hydrovac Manufacturer Tornado
The deal follows Toro's selling of trencher and auger boring businesses and is part of its growing focus on underground infrastructure construction.
October 8, 2025
Toro has had an agreement with Tornado since 2022 to co-develop Ditch Witch-branded hydrovac trucks. Ditch Witch released its W8 model, shown above, earlier this year.
Safety
Minnesota DOT Pauses Work Statewide After 2 Contractors Killed in Struck-By Incidents
The men in their 20s were hit by reversing trucks in separate road work zones within two days.
October 7, 2025
Road Closed Getty Images 1372063239
Previous Page
Page 2 of 294
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Contractor of the Year Logo
Equipment World Contractor of the Year
The Contractor of the Year contest recognizes contractors who have annual revenues of between $3 million and $20 million and exemplify the highest standards of construction professionals.
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White Papers
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