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Business: Page 238
Business
First Word – November 2009
In February, I wrote about the kickoff for Equipment World’s Contractor’s Dream Package – a spectacular assortment of prizes worth nearly $100,000 – that goes to a single winner. That prize package was awarded October 29 to Cathy Lothes, president of R & L Excavating in Newark, Ohio. Lothes was thrilled with the package and […]
January 14, 2010
Business
New York pinched pennies with stimulus money, results in 34 new projects
Given the current economy, it seems like everyone is trying to make the most with the least. We’re all stretching our pennies, and the State of New York is no exception. According to a report in The Business Review (Albany), New York has saved enough money in awarding federal stimulus money that it can finance […]
January 12, 2010
Sponsor Content
Cut Cycle Times and Fuel Costs With These Operator Habits
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September 22, 2026
Business
Regulations cost California one-third of it’s GDP
Some level of government regulation will always be necessary in today’s society but a report out late last week found that regulations in the state of California total almost $500 billion…almost one third of the state’s gross domestic product. Incredible. And what do the citizens of the Golden State get for all their regulatory aggressiveness? One of […]
January 12, 2010
Business
‘Clunkers’ cripples auto sales for September
If you had any business sense you knew this was going to happen. The cash for clunkers program spiked automotive sales in August followed by a huge drop off in sales last month. If you want to teach your kids something about economics this is great lesson in how the government can’t create wealth or […]
January 11, 2010
Business
The construction industry says, ‘We’re not gonna take it!’
At Chicago’s Soldier Field Today (Home of the Chicago Bears football team) local business leaders, laborers and construction workers rallied in a caravan of construction equipment to urge the federal government to stop job loss and to move quickly on the reauthorization of SAFETEA-LU. A caravan of idle construction equipment including a motor grader, rough terrain […]
January 11, 2010
Business
The good news: Transportation stimulus projects reach 10K; The bad news: We’re still without a highway bill and guaranteed funding
From ConstructionPundit’s sister blog, The Roadologist: The Department of Transportation has jumpstarted more than 10,000 transportation projects across the United States with stimulus dollars, U.S. Vice President Joe Biden and Transportation Secretary Ray LaHood announced today. As of the announcements, state agencies reported a total of 10,041 projects had been approved. “Just nine months […]
January 11, 2010
Business
The White House and the private sector
When the president seeks advice on how to manage the country, in particular the economy, he turns to his cabinet, some 400 plus people who are supposed to be experts in such things. That’s why this chart from a research report from J.P. Morgan is so startling. It shows that more than 90 percent of President […]
January 11, 2010
Business
Connecticut overhauls rest stops
Bucking the national trend of letting important infrastructure crumble, Connecticut is contracting to refurbish its 23 state owned travel plazas. With budgets in the red, most states are letting their highway rest stops crumble. Virginia has even closed many of theirs leading to massive inconvenience not to mention endangering truck drivers and motorists who need […]
January 11, 2010
Business
Nevada diesel tax sneak attack
Under the cover of darkness (OK, late last Friday night) Nevada politicians slipped a 7-cent increase in the state diesel tax into an unrelated bill. The state construction associations like the idea because the extra money will be used to fund road infrastructure. I can’t fault the state for trying to build and maintain its […]
January 11, 2010
Business
EPA announces first diesel retrofit grant winners
And predictably, the money is going to public agencies, the Ohio Department of Development and the Hamilton County Board of County Commissioners. These are the grants for diesel emissions clean up technology funded from the stimulus bill, aka the American Recovery and Reinvestment Act. Pollution is pollution, regardless of whether it comes from a public […]
January 11, 2010
Business
The cap and trade fiasco
Toward the end of the Weimar Republic in Germany there was a joke going around Berlin about why the street sweepers had to be extra vigilant. People were afraid if they let any scraps of paper blow around in the streets that the Kaiser would come running out of the Reichstag and sign them thinking […]
January 11, 2010
Business
A floating gas tax
Writing for the Business Insider Green Sheet, Jay Yarow has proposed an alternative to the usual sturm und drang over the federal fuels tax. Yarow’s idea is a floating gas tax, maybe better termed as an “adjustable rate” gas tax. The idea is that the tax would come down if the price of gas or […]
January 11, 2010
Roadbuilding
The White Stuff
Mmmm, man this road smells good. In fact it’s making me hungry. Ever get that feeling? I admit it’s not going to happen very often, but there might have been an occurrence in Ankeny, Iowa, just before Christmas. A local company that produces kitchen spices found itself with nine tons of unneeded garlic salt. So […]
January 11, 2010
Business
Hyundai wins gray-market case against dealer
Hyundai Construction Equipment U.S.A. has successfully sued a gray market importer for illegally bringing in equipment that didn’t meet Hyundai’s specifications. The equipment in question had altered serial numbers and some failed to meet EPA standards. The defendants were ordered to pay Hyundai $1 million for lost sales and court costs. The U.S. District Court […]
January 11, 2010
Business
Cat offering early retirement to 2,000 workers to cut its budget
Peoria, Ill.-based Caterpillar Inc. said it is offering a voluntary early-retirement package to 2,000 U.S. production workers in another move aimed at cutting its workforce, according to a report from aggregateresarch.com. The equipment manufacturer said the incentive package is in addition to earlier plans to cut 22,000 jobs, according to the report. The employees who […]
January 11, 2010
Business
AEM: International trade is a critical asset to American manufacturers
AEM President Dennis Slater submitted testimony to Congress yesterday for a hearing on “Stimulating the Economy Through Trade. Slater presented to the House Committee on Energy and Commerce’s Subcommittee on Commerce, Trade and Consumer Protectionwhat he said is the importance of global trade to the off-road equipment manufacturing industry. Slater noted that international trade is […]
January 11, 2010
Business
Trimble Dimensions wrap up
Back in February I attended my third Trimble Dimensions conference, held in Las Vegas at the Mirage complex. It’s taken me a while to finish the write up, but a full detailing can be found by clicking here. The conference was well attended, on par with previous years, with some 2,400 contractors and surveyors participating and […]
January 11, 2010
Business
Equipment World, May 2009
The digital version of our May issue with the Contractor of the Year story is now available. If you’re a contractor and want some life-lessons in how to succeed in this business, be sure to check out Larry Davis’ story. We’ve also got some eye-opening dollar figures to share with you about the owning and […]
January 11, 2010
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