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Business: Page 210
Business
Solso to retire as Cummins chairman, CEO; President, COO Linebarger to assume top leadership role
The board of directors of Cummins announced the retirement of Tim Solso, 64, the company’s chairman and chief executive officer since 2000. Solso will be succeeded by Tom Linebarger, Cummins president and chief operating officer. Linebarger, 48, has been with Cummins 17 years, and was formerly president of Cummins Power Generation and served as the […]
July 14, 2011
Business
Granite releasing Q2 results Aug. 3, live Webcast of results
Granite Construction Inc. will release second quarter 2011 financial results on Wednesday, Aug. 3, 2011, after the market closes. The company will host an investor conference call at 8 a.m. (PDT), on Thursday, Aug. 4, 2011. Granite is inviting investors to listen to the live Webcast of the conference call at its Website, http://www.graniteconstruction.com/investor-relations/index.cfm. An […]
July 14, 2011
Sponsor Content
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October 7, 2026
Business
ARTBA commends Mica for transportation plan leadership, cautions against decrease in revenue stream
We commend House Transportation & Infrastructure Committee Chairman John Mica for his leadership in moving this long-overdue process forward. Despite strong political headwinds, he has produced a proposal with much needed reforms that would reduce red tape and bureaucratic hurdles that stand in the way of many important projects critical to our economic vitality. His goal of expediting product delivery and facilitating public-private partnerships is clearly a step in the right direction."
July 13, 2011
Business
A bigger Cat ready to serve mining industry
If discontinuing the 5000 Series shovels was a half-step back from the mining industry, Caterpillar is primed to take three or more steps forward. “We’re ready to get started,” says Steve Wunning, Caterpillar group president, upon the July 8 announcement that the company’s $8.8-billion acquisition of Bucyrus International is complete. Caterpillar is adding about 120 […]
July 13, 2011
Business
Philippe Combier promoted to commercial director of Propex Concrete Systems – Europe
Philippe Combier has been promoted to commercial director of Propex Concrete Systems – Europe, effective as of July 11.
July 12, 2011
Business
Cummins chairman and CEO is retiring
Tim Solso, Cummins Inc.'s chairman and CEO since 2000, is retiring, the company's board of directors announced on July 12. Solso, 64, will be succeeded by Tom Linebarger, Cummins president and chief operating officer. Linebarger, 48, has been with Cummins 17 years, and was formerly President of Cummins Power Generation and served as the Company’s Chief Financial Officer. He will assume his new role on Jan. 1, 2012.
July 12, 2011
Business
U.S. Congressman Mike Kelly honors Rogers for export achievements
In a ceremony on June 29, 2011, Congressman Mike Kelly (PA-03) presented Rogers Brothers Corporation with the U.S. Commercial Service’s Export Achievement Award.     The Export Achievement Award recognizes U.S. companies that have made their first export sale or entered a new overseas market with the assistance of the Department of Commerce’s U.S. Commercial Service. With […]
July 12, 2011
Business
NES White Paper
Superior Emergency Response Case Study The time it takes to repair or replace equipment is crucial –– so crucial that downtime on site can equal up to 1 to 3 percent of annual revenue. NES Rentals has a reputation for reliability that ensures, when breakdowns occur, you’ll be back on track in 2 hours or […]
July 12, 2011
Business
McGuire named president of Fontaine Heavy-Haul
Fontaine Trailer Company has named Randy McGuire president of the Fontaine Heavy-Haul business unit based in Springville, AL. McGuire began his career at Fontaine Trailer in 1987 as a draftsman and CNC programmer. In 2007, McGuire was promoted to president of Webb Wheel Products – Transit Business Unit. McGuire lead Webb Transit to grow to a dominant […]
July 12, 2011
Business
Reardon named Mack Trucks vice president, sales
Michael Reardon was named vice president of sales for Mack Trucks effective July 1. Reardon brings more than 20 years of sales and marketing leadership to his new position, where he will be responsible for Mack’s national accounts and business development. Since coming to Mack from American Isuzu Motors in 1996, Reardon has served as […]
July 12, 2011
Roadbuilding
Kobelco announces “Your Competitive Edge” sweepstakes winner
Kobelco Construction Machinery America announced the winner of the “Your Competitive Edge” sweepstakes. Doug Nilsen, owner of Nilsen Topsoil, Millstone Township, N.J., will receive a one-year lease on a new Kobelco 55SRx compact excavator valued at $26,000, two tickets to the U2 360 Degree Tour concert in Chicago, and $2,000 spending cash. The “Your Competitive […]
July 12, 2011
Roadbuilding
Senate proposes $109 billion, two-year transportation funding bill
Senate proposes $109 billion, two-year transportation funding bill. Sen. Barbara Boxer (D-Calif.) says the House's bill will cause 500,000 job losses.
July 12, 2011
Business
10th Annual Southern California Transportation Summit
Former Pennsylvania Gov. Edward Rendell will keynote Mobility 21’s 10th Annual Southern California Transportation Summit — a conference for transportation and business leaders to find solutions to the region’s transportation challenges. “Here in Southern California, we are ready with the America Fast Forward and the Breaking Down Barriers initiatives to get people back to work […]
July 11, 2011
Business
Cat completes Bucyrus acquisition
Caterpillar Inc. has completed its acquisition of Bucyrus International Inc., the company publicly announced on July 11. Caterpillar funded the acquisition, valued at about $8.8 billion (including net debt), using cash from its balance sheet and debt. The company did not issue equity to help fund the transaction. Caterpillar Group President Steve Wunning will have […]
July 11, 2011
Business
Fecon announces Southeast regional manager
Fecon hired Frank Plotts as Southeast Regional Manager. His territory includes Virginia, North and South Carolina, Georgia and Florida. Frank comes to Fecon with a wealth of experience in the tractor dealer industry, most recently he was the general manager of a Bobcat/Kubota dealer in North Carolina. “[Plotts] is a hands-on guy whose focus on […]
July 8, 2011
Business
$1.58 billion in FTA funds to go to 27 U.S. transit projects
U.S. Transportation Secretary Ray LaHood has announced $1.58 billion for 27 transit projects nationwide that will improve public transportation access for millions of Americans while reducing our dependence on foreign oil and curbing air pollution. “Investing in a modern transportation network is a key part of President Obama’s strategy to win the future by out-building […]
July 5, 2011
Business
Construction industry optimism dims for 2012
The Carolinas AGC Construction Barometer, reflecting first quarter 2011, shows very little change in the construction industry in both North Carolina and South Carolina, according to the Carolinas Associated General Contractors. The aggregate Barometer score declined a modest 0.8 percent on slightly stronger business conditions observed across the first three months of 2011, offset by […]
July 5, 2011
Business
Creekside Lawnscapes wins Case Community Challenge
Case Construction Equipment has named Creekside Lawnscapes, Inc., Marilla, N.Y., the March winner of the Case Community Challenge. Sponsored by Case, the program recognizes construction contractors who support their local communities with significant community service projects. Case honored Creekside Lawnscapes for installating new underground power cable to provide upgraded electrical service throughout Camp Greene, […]
July 5, 2011
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