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Business: Page 291
Business
Caterpillar on track for greenhouse gas reduction target
Caterpillar has pledged to reduce its global greenhouse gas emissions 20 percent by 2010 as part of the company’s partnership with the Environmental Protection Agency. The GHG reduction pledge is a target goal set by Caterpillar and the EPA’s Climate Leaders GHG Program. One of the world’s largest manufacturers of construction and mining equipment, diesel […]
January 31, 2005
Business
Atlas Copco to acquire breaker manufacturer
Atlas Copco Construction Tools AB and Atlas Copco International B.V. have signed agreements to purchase breaker manufacturer Lifton Bulgaria EOOD and the business of Lifton Breaker A/S. Lifton is based in Aalborg, Denmark, and Rousse, Bulgaria. The company manufactures hydraulic handheld and mounted breaker equipment and related products for the global construction, demolition, utility and […]
January 31, 2005
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September 22, 2026
Business
Enerpac parent company buys Hedley Purvis
Enerpac parent company Actuant announced Jan. 20 it has purchased the shares of Hedley Purvis Holdings, a United Kingdom-based company that designs and manufactures products including torque wrenches, multipliers, tensioners and pumps. Hedley Purvis also provides rental, manpower and other services to companies such as BP, Mobil and Texaco. Robert Arzbaecher, president and chief executive […]
January 31, 2005
Business
New lab offers research and testing of construction materials
A laboratory that recently opened in New York is providing private companies and government agencies access to a full range of research and testing services for construction materials used primarily in the transportation industry. QCQA Laboratories, a division of asphalt-paving product manufacturer TransTech Systems and located in Schenectady, N.Y., was founded with the goal of […]
January 28, 2005
Business
Report shows convention center construction undeterred by stagnant usage rates
Spending on convention center construction has doubled since the early ’90s despite a downturn of nearly 50 percent in convention attendance, according to a report published this month by the Brookings Institution. Heywood Sanders, a professor of public administration at the University of Texas at San Antonio, authored the report that found public spending for […]
January 27, 2005
Business
Construction equipment trends positive for 2005
Optimism appears to describe the 2005 economic forecast for the construction equipment business, according to financial companies involved in that industry’s spending. Fewer repossessions, rising equipment values and strong manufacturing trends could spell out a banner year for construction contractors and equipment distributors alike. The most recent indicator of economic confidence in the construction equipment […]
January 26, 2005
Business
Leica Geosystems appoints vice president, business development
Leica Geosystems’ GIS & Mapping division has named Jim Farley vice president, business development. Farley has spent more than 20 years in the information technology industry, working in the public and private sectors and in academia. During the past four years, he was senior principal product manager, spatial and location products in server technologies, for […]
January 24, 2005
Business
Deere to open IT, engineering support center in India
Deere plans to expand its operations in Pune, India, with the opening of a business processes and engineering center later this year. The facility will provide information technology and engineering support services for the company’s operations worldwide. Deere currently has a tractor manufacturing joint venture with Larsen & Toubro Limited in Pune. Deere said the […]
January 24, 2005
Business
ITC judge rules ZF transmission infringes Eaton patent; final ruling due in April
A U.S. International Trade Commission judge issued an initial ruling Jan. 7 that automated truck transmissions manufactured and marketed by ZF Friedrichshafen AG, ArvinMeritor and ZFMeritor infringe an Eaton patent and are being unlawfully imported into the United States. The ITC will issue a final verdict April 7. The ITC accepted only one of 76 […]
January 20, 2005
Business
Private contractors to finance Trans-Texas Corridor
The planned $175-billion Trans-Texas Corridor could be a financial windfall for contractors worldwide. Texas Gov. Rick Perry proposed the TCC in 2002 as a multi-use, statewide network of transportation routes that will incorporate existing and new highways, railways and utility rights-of-way. It will consist of nearly 4,000 miles of mostly toll lanes capable of carrying […]
January 13, 2005
Business
Trimble to buy Pacific Crest, names CFO
Trimble announced Dec. 21 it has agreed to acquire privately held Pacific Crest Corporation, a supplier of wireless data communication systems for positioning and environmental monitoring applications. Pacific Crest, located in Santa Clara, Calif., makes radio modems that provide a data link that increases GPS accuracy. Trimble said it expects the acquisition to enhance its […]
January 10, 2005
Business
Terex completes Reedrill acquisition
Terex announced Jan. 3 it has completed its previously announced acquisition of Metso’s Reedrill division. Headquartered in Sherman, Texas, Reedrill is a manufacturer of surface drilling equipment for use in the mining, construction and utility industries. Rick Nichols, president – Terex materials processing and mining, said the Reedrill product lines complement Terex mining products, which […]
January 10, 2005
Business
Website a one-stop reference for construction material recycling
Recycling construction materials is increasingly becoming a way for contractors to save money while doing less harm to the environment. Finding an organization that accepts construction materials such as drywall, plastic, shingles and concrete, however, can be a difficult process. The Construction Waste Management Database website aims to solve this problem. The database contains information […]
January 7, 2005
Business
AEM survey cites continued concern for steel pricing
Increasing steel prices continue to have a significant detrimental impact upon the business operations of construction and agricultural equipment manufacturers, according to a recently released survey by the Association of Equipment Manufacturers. The AEM survey highlighted what many in the off-road equipment manufacturing industry have reported throughout the past year – reduced steel availability and […]
January 7, 2005
Business
Tsunamis could make getting steel, cement to the U.S. more difficult
Demand for rebuilding materials and a tighter shipping market that could result from the Dec. 26 tsunamis that struck Southern Asia might make getting steel and cement in the United States more difficult, according to an economist for a U.S. contractors’ association. “I think it will be hard to tell how big the effect will […]
January 4, 2005
Business
Eaton makes appointments to aftermarket management team
Eaton has filled four positions in its truck components aftermarket business unit. The company named Jeffrey Barylak VORAD global marketing manager, David Plaster global aftermarket marketing manager, Matthew Sturdy aftermarket NAFTA sales manager and Sergio Sanchez marketing and business development manager, mobile diagnostic tools and solutions. Barylak will be responsible for growing the Eaton VORAD […]
January 3, 2005
Business
Wastequip opens parts business in South Carolina
Wastequip has opened an aftermarket parts business called Parts Place that will sell replacement parts for waste handling and recycling equipment nationwide. Parts Place, located in Piedmont, S.C., carries replacement and aftermarket parts such as hydraulic cylinders and compactor parts for all major brands of waste handling and recycling equipment. The company will ship most […]
January 3, 2005
Business
Moeller sells North American sales operation
Moeller GmbH, a European supplier of low-voltage industrial components and automation products, has sold the assets of its North American sales operation to John W. Hamm, an executive in the U.S. controls industry. The new company will act as Moeller’s sales agent in North America. Hamm, president and chief executive of the company, is assuming […]
January 3, 2005
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