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Business: Page 215
Business
Vulcan to host Q1 earnings call on May 5
Vulcan Materials Co. will release earnings after the close of business on May 4, 2011 and host a conference call at 9 a.m. CDT (10 a.m. EDT) on May 5, 2011. To participate by phone, investors and other interested parties can call 866-788-0543 about 10 minutes before the scheduled start. The access code is 62767134. […]
April 26, 2011
Business
Tensar assumes CONTECH’s geogrid distribution business
Tensar International Corp. and CONTECH Construction Products Inc. have mutually agreed that Tensar will take on distribution responsibility for geogrid products in the United States. Under the terms of the agreement and effective May 2, 2011, Tensar International will assume CONTECH’s geogrid distribution business, which includes exclusive distribution of both biaxial and triaxial geogrid products […]
April 26, 2011
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Business
American Concrete Institute names 2011-2012 officers
The American Concrete Institute (ACI) introduced its 2011-2012 president, vice president, and four board members during the ACI Spring 2011 Convention in Tampa, Fla. Kenneth C. Hover was elected to serve as president of the Institute for 2011-2012. After the sudden loss of ACI President Richard D. Stehly in Sept. 2010, Hover was elevated from […]
April 25, 2011
Business
Terex Bid-Well celebrates 50 years of business with Kiewit Corporation
To mark Terex Bid-Well’s 50th Anniversary and its first bridge paver sold, Terex Chairman and CEO, Ron DeFeo presented representatives from Kiewit Corporation a commemorative crystal 3D etching of a paver in appreciation of 50 years of business during CONEXPO-CON/AGG in Las Vegas. “Terex values the long-term partnerships we build with customers such as Kiewit,” […]
April 19, 2011
Business
ARTBA interactive website shows highway investment impact on job creation
The American Road & Transportation Builders Association (ARTBA) has rolled out a new interactive website with extensive information about the job creation impacts of federal transportation investment on the national and state economies. The data, found at www.transportationcreatesjobs.org, show the number of American jobs that could be at risk if the House and Senate fail […]
April 19, 2011
Business
ABC celebrates Form 1099 repeal victory
Associated Builders and Contractors (ABC) on April 15 issued the following statement regarding repeal of the expanded 1099 tax reporting requirements (H.R. 4), which was signed into law April 14 by President Obama. “Repeal of the 1099 mandate eliminates an unnecessary administrative burden that would have negatively impacted ABC members and small businesses nationwide,” said ABC Vice President of Federal Affairs Geoffrey Burr. “Now ABC members can focus more of their time on what is most important: creating jobs and growing their businesses.” The provision, included in the Patient Protection and Affordable Care Act, would have mandated that, beginning in 2012, businesses would have to file a Form 1099 to all vendors, both incorporated and unincorporated, to which they pay at least $600 annually for goods and services.
April 19, 2011
Business
Tri-State Truck Center named Mack 2010 North American Distributor of the Year
Mack Trucks, Inc. named Tri-State Truck Center in Memphis as its 2010 North American Distributor of the Year. Each year, Mack acknowledges the efforts and contributions of its dealer network by honoring high-performing North American and International distributors. Selection criteria include sales, facilities, personnel, service, parts, general management, customer satisfaction and community service. Tri-State Truck […]
April 18, 2011
Business
Atlas Copco hires new South Central Region district manager
Derek Anderson has accepted the new position of district manager for the South Central Region of Atlas Copco’s Drilling Solutions (ADS,) Rock Drilling Tools, Surface Drilling Equipment, and Geotechnical Drilling and Exploration (GDE) product lines. His responsibilities include working with Atlas Copco distributors Luby Equipment and Venture Drilling Supply. In his new role, Anderson will […]
April 18, 2011
Business
U.S. DOT approves $418 million loan for SH 161 construction
The U.S. Department of Transportation will provide an estimated $418.4 million loan that will bring congestion relief to drivers in Dallas County by helping pay for the construction of the final phase of State Highway 161, U.S. Transportation Secretary Ray LaHood announced on April 15. The North Texas Tollway Authority (NTTA) will use the loan to repay bond notes issued to finance the construction of the project.
April 18, 2011
Business
ABC to House: ‘Repeal the Davis-Bacon Act’
In testimony before the U.S. House Committee on Education and the Workforce Subcommittee on Workforce Protections on April 14, Associated Builders and Contractors (ABC) member Thomas Mistick, principal of Church Restoration Group, Cranberry Township, Pa., stated that the Davis-Bacon Act, as administered by the U.S. Department of Labor, “hinders economic growth, increases the federal deficit; and imposes an enormous paperwork burden on both contractors and the federal government.” Mistick spoke at the hearing "Examining the Department of Labor's Implementation of the Davis-Bacon Act.” The Davis-Bacon Act is an 80-year-old wage subsidy law administered by the U.S. Department of Labor that mandates “prevailing” wages for employees of contractors and subcontractors performing work on federally financed construction projects.
April 14, 2011
Business
Terex AWP names Adam Rimmer VP of customer services
Terex Aerial Work Platforms (AWP), a business segment of Terex Corporation has announced that Adam Rimmer has been appointed to the position of vice president of customer services, Terex AWP. In this role, Rimmer assumes responsibility for the Americas’ field service, customer care, sales operations, parts and used equipment teams. He will report directly to […]
April 11, 2011
Business
First Model in New Cat® Vocational Truck Line Ready for Work
Among the most significant new products ever launched by Caterpillar is the Cat® CT660, the first model in a full line of Class 8 vocational trucks designed to work as transit mixers, refuse haulers, dump trucks and in any application requiring a heavy-duty truck with the reliability, durability and low cost of ownership characteristic of […]
April 11, 2011
Business
Caterpillar Announces Launch Timeframe for Cat® CT680, the Second Model in the Cat Vocational Truck Line-up
Caterpillar Inc. announces the second model in its new line of on-highway Cat® Vocational Trucks, the Cat CT680, will be available first quarter 2013. A Class 8 truck, the CT680 will be built in America and sold and serviced exclusively through the North American Cat Dealer network in the United States and Canada. The development […]
April 11, 2011
Business
Federal judge upholds Caltrans program supporting minority, women-owned businesses
A U.S. District Court judge affirmed that the California Department of Transportation's (Caltrans) Disadvantaged Business Enterprises (DBE) Program was “clearly constitutional” in a recent ruling. Caltrans implements a DBE Program as a condition of receiving $3 billion in federal transportation funding annually. The program ensures a level playing field for disadvantaged and small businesses competing for public contracts. “This decision affirms that Caltrans' efforts to level the playing field are constitutionally sound and will ensure that billions of dollars in federal transportation funds continue flowing to California,” said Caltrans Director Cindy McKim in a written press statement. “We will continue to reach out to disadvantaged businesses and hope our program serves as a model for other states to follow.”
April 6, 2011
Business
LaHood: ‘We are another step closer to delivering an innovative, national transportation network’
U.S. Transportation Secretary Ray LaHood issued a statement on April 6 regarding the $2.4 billion available for high-speed rail. In the statement, LaHood said the nation is “another step closer to delivering an innovative, national transportation network that brings new jobs and economic opportunity to the American people. “Since I announced the availability of an […]
April 6, 2011
Business
Goodyear outlines strategic plan for record profitability
The Goodyear Tire & Rubber Company said at an investor press conference that it is targeting 2013 segment operating income in its North American Tire unit of $450 million and improved segment operating income in its international businesses. In total, Goodyear is targeting record segment operating income of $1.6 billion in 2013. “Having momentum coming […]
April 5, 2011
Business
John Deere builds new facility in Missouri
John Deere Reman of Springfield finalized plans to build a new facility in Strafford, Missouri. The $14 million project will create 55 new quality jobs during five years. The 275,000-square-foot facility in the new Strafford Industrial Park will serve as the central core processing and storage location serving John Deere dealers around the country. The […]
April 5, 2011
Business
HCSS celebrates 25 years
Construction software developer HCSS recently celebrated the 25th anniversary of the company’s founding at the annual HCSS user’s group meetings in Houston. More than 750 HCSS customers and the company’s 115 employees noted the milestone during the meetings at the Hilton Americas Hotel in downtown Houston. “This year’s user’s group meetings provided an excellent opportunity […]
March 30, 2011
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