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Business: Page 237

CIFA aquired by Zoomlion

The Chinese heavy equipment manufacturer Zoomlion in a consortium with other investors has acquired CIFA S.p.A, the Italian parent company of CIFA USA. Total transaction value was pegged at $667.5 million. CIFA USA, which celebrated the anniversary of its tenth year in the United States, made the announcement at the World of Concrete. Existing CIFA […]

January 15, 2010

Jim Owens as Secretary of Treasury

Granted this is just coming from a website Business Insider, and the writer includes several other options, but it is an inspired choice. Owens, if you don’t know, is the CEO of Caterpillar, but he is set to retire next year. I’ve heard Owens speak several times and he’s always impressive: clear, methodical, well prepared and […]

January 15, 2010

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Terex sells mining business to Bucyrus

Saying it will move from a construction and mining equipment company to a machinery and industrial products business, Terex will sell its mining business to Bucyrus International for $1.3 billion in cash. Products included are hydraulic mining excavators, electric drive mining trucks, track and rotary blasthole drills and a highway miner. Also included are related parts […]

January 15, 2010

And the winner is …

Total Landscape Care has named Roger Grothe and Aloha Landscaping in Mendota Heights, Minnesota, the magazine’s 2009 Landscaper of the Year. Sponsored by Case Construction Equipment, this annual program recognizes 12 finalists as the best and brightest in the landscaping industry. On November 14-17, the finalists and their guests enjoyed an all-expenses-paid cruise to […]

January 15, 2010

Rubble master to debut “Go” by end of year

By the end of the year, Austrian company Rubble Master says it will introduce its “Go” concept in its RM70 mobile compact recycler to North America. With the Go Concept, the company says it’s introducing a new simplicity to crusher operation, giving operators an intuitive means of running the machine. Full text of the press […]

January 15, 2010

After roller-coaster 2008, Volvo concentrates on technology, engineering

Field tests for the hybrid Volvo L220F wheel loader will continue throughout the year, says Olof Persson, the new president and chief executive officer of Volvo Construction Equipment. Hybrid technology is but one example of how the company says it will maintain its concentration on technology, even in down times. Another example is the Fenix, […]

January 15, 2010

Miller extends financing on equipment

Miller Electric extended its PowerLine 0 percent, 12-month financing program for welding and cutting equipment through June 30, 2010. Miller partnered with Wells Fargo Financial to create a financing program for businesses small and large that enables expansions and upgrades while conserving cash flow and managing capital expenses. The program applies to Miller-brand arc welding […]

January 15, 2010

Vanair names new director of purchasing

Vanair Manufacturing named Jeffery T. Summerlin as the company’s new director of purchasing. Before joining Vanair, Summerlin served as general manager at Fastenal and held several positions at Sullair. Summerlin received his Bachelor’s degree in business management from Indiana Wesleyan University.

January 15, 2010

PBS to the rescue

In case you missed it: PBS ran a good documentary on the sorry state of the water infrastructure in the U.S. earlier this fall called Liquid Assets. The show made a powerful argument for massive water infrastructure funding. If you’re in this business and agree it needs more funding and have a mind to do some […]

January 15, 2010

Time to kill the home mortgage deduction?

Although the National Association of Homebuilders would scream at such a proposal, perhaps one of the best ways to end the home mortgage crisis and prevent another housing bubble would be to eliminate the federal income tax deduction on home mortgages. This New York Times reporter agrees. The deduction encourages people to buy more house […]

January 15, 2010

High-speed boondoggle

Last Thursday President Obama announced his desire to launch a nationwide high-speed passenger rail network. There are two glaring shortcomings to this plan, either of which pretty well guarantees that all we’d be doing is creating a high-speed version of Amtrak — ghost trains flying down the tracks (faster than ever before!) with nobody on […]

January 15, 2010

GPS scare story shot out of the sky

So to speak… You may have seen it on the Guardian’s website (a British newspaper) and Drudge ran with it a while later, about how the entire system of Global Positioning Satellites was in disrepair and on the verge of failure. Turns out, at least according to the sources we’ve talked to, it’s all bunk. According to […]

January 15, 2010

Feds to require contractors to use E-Verify

The Obama administration announced yesterday that contractors doing business with the federal government will be required to use the Immigration and Customs Enforcement’s E-Verify system to check the immigration status of workers. E-Verify is a system established by the Bush administration. It protects American jobs, can help keep ICE off your back and is free and easy to […]

January 15, 2010

Another Band-Aid: House passes $7 billion to shore up the Highway Trust Fund

Well, it’s not the ideal solution, but this Band-Aid will at least keep the Highway Trust Fund (HTF) solvent. Just days before the HTF was going to run into the red, the House yesterday approved $7 billion to shore up the almost empty fund, according to a Reuters report in The Washington Post. This stop-gap […]

January 15, 2010

Lobby tab for energy bill breaks records

If you’re still wondering why the Waxman-Markey/Energy/Climate bill turned out to be such a dog’s dinner, take a look at what Washington lobby groups spent trying to steer it–$27 million, according to the Center for Public Integrity. Of the 1,000+ groups lobbying for favors, some 460 were created in the first quarter of the year.

January 15, 2010

Is the stimulus working? Truth be told, nobody knows

And this assessment is from a supporter of the stimulus. We’ve said all along that the stimulus was more about paying off political supporters and less about actually stimulating the economy. As a result the money was frittered away in hundreds of little programs, and less than one in seven stimulus dollars were allocated for infrastructure construction. […]

January 15, 2010

Opportunities galore

If you’re looking for work to keep your crews and equipment busy, there’s one client that has money and is spending–the Federal Government. You can find daily updated information about contracting opportunites from the Feds at the website FedBizOpps.gov. There are lots of potential jobs listed there. Our relatively small state of Alabama lists more than 500, […]

January 15, 2010

On Record – November 2009

I was having a casual hall conversation with a co-worker and we both agreed that when it came to readers, we’ve got one of the best audiences around. No offense against magazines that address the concerns of podiatrists or jewelers or convenience store owners, but as a writer, I’ll take one of our rooted, professional, […]

January 14, 2010

Page 237 of 305

Yellow excavator demolishing abandoned concrete building under stormy sky

KOBELCO Releases Two New Straight Boom Excavators for Demolition

The SK300LC-11 and SK350LC-11 feature extended height and attachment capacity and less repositioning when tearing structures down.

Orange and black Landcros articulated dump truck with six wheels and roof rack, shown in three-quarter view

Hitachi, Bell to Launch First Landcros Articulated Trucks for North America

Purple and gold John Deere compact track loader on display at an indoor equipment exhibition with visitors

Deere Debuts Its First Stand-on Mini Track Loaders: The New 10 G-Tier and 12 G-Tier

Heavy construction equipment displayed at a work site with text asking what machines are most popular, featuring a bulldozer, wheel loader, and compact track loader

Iron Insider: The Top-Selling Construction Equipment So Far in 2026

Keep Your Business Strong During Slower Months

Keep Your Business Strong During Slower Months

Choosing The Right Tire and Track Patterns for Maximum Productivity