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Business: Page 295

Survey questions ethics in construction industry

Codes and standards are needed for ethics in the construction industry, according to a recent survey by the Construction Management Association of America and FMI. The survey found 84 percent of respondents had encountered unethical “industry-related” acts during the past year. Of those respondents, who included owners, architects, construction managers, contractors and subcontractors, 34 percent […]

August 1, 2004

Daewoo Heavy employees, investor group to bid for company

Employees of Daewoo Heavy Industries & Machinery and an investor group led by the owner of South Korea’s No. 3 mobile-phone business will likely purchase the state-run company, according to a report by the Korea Herald. Daewoo Heavy workers have been trying for the past month to buy part of their own company to ensure […]

July 26, 2004

Sponsor Content

Cut Cycle Times and Fuel Costs With These Operator Habits

Volvo Construction Equipment

September 22, 2026

Cut Cycle Times and Fuel Costs With These Operator Habits

Legislation introduced to extend terrorism risk insurance

Terrorism insurance rates for commercial developers, business owners and contractors could skyrocket, according to the Associated General Contractors, if Congress does not approve legislation to extend a program that calls for the federal government to share in the cost of future terrorist attacks. Pete Sessions, R-Texas, Richard Baker, R-La., Sue Kelly, R-N.Y., and Eric Cantor, […]

July 21, 2004

Volvo CE sells compact motor grader line

Volvo Construction Equipment has sold its compact motor grader business to Champion LLC, of Charlotte, N.C., a company organized by Gary Abernathy, manager of the Volvo compact motor grader product line since 1997. Abernathy became manager of the business in 1993 under its previous owner, Champion Road Machinery, which was acquired by Volvo CE in […]

July 19, 2004

Carlisle Companies buys specialty tire, wheel business

Carlisle Companies announced July 1 it has acquired the specialty tire and wheel business of Trintex, a manufacturer of semi-pneumatic tires and wheels for lawn and garden and industrial markets. Terms of the transaction were not disclosed. Richmond McKinnish, president and chief executive of Carlisle, said the purchase is a good addition to the company’s […]

July 12, 2004

Metso completes sale of Dynapac to Altor

Metso Corporation sold Dynapac, its compaction and paving equipment group, to Nordic private equity investor Altor on June 30. Metso valued the debtfree divestment at approximately $348 million. The two companies reached an agreement for the sale in April. Metso said the sale was part of its strategy to focus on serving the pulp and […]

July 12, 2004

Investment firm buys Woods Equipment

An investment firm and a former operating president of Deere & Company have acquired Woods Equipment, a manufacturer of attachments for construction and agricultural equipment, from a shareholder group. Terms of the agreement were not disclosed. Fred Korndorf, whose career at Deere & Company included stints as president of three worldwide equipment businesses, has been […]

July 6, 2004

Workers labor to replace California pipeline

Fifty-four workers labored around the clock to remove a damaged pipeline near Claremont, Calif., June 6-11 to prevent it from breaking and causing major water shortages. The pipeline’s 40 prior breaks in a 44-foot section convinced Southern California Metropolitan Water District officials to conduct an emergency replacement of the pipe. Eddie Rigdon, an assistant manager […]

June 29, 2004

International names vice president, general manager for heavy vehicle center

International Truck and Engine Corporation has appointed Thomas Baughman vice president and general manager of the company’s heavy vehicle center. Baughman replaces Jordan Feiger, who has accepted a new position within the company. Baughman will lead the company’s efforts to grow its heavy business, including a $300 million investment International is making in the new […]

June 28, 2004

Truck body maker Supreme celebrates 30th year

Supreme Corporation is celebrating its 30th year in the truck body manufacturing market. Omer Kropf opened the doors at Supreme with the idea of meeting the market’s untapped need for high-quality, light- and medium-duty commercial truck bodies. He and his business partner vowed to do just that – and to do it by working directly […]

June 28, 2004

JCB announces new compact and utility equipment division

JCB is developing a compact and utility equipment division in North America to focus on its customer support and expansion in that sector. “The compact equipment business continues to grow strongly in North America, and now represents over 50 percent of the total market,” said JCB president Helmut Peters. “In order for JCB to capitalize […]

June 23, 2004

Terex makes management promotions at Cedarapids

The Terex Materials Processing group announced several management promotions at Cedarapids, its Iowa-based manufacturer of crushing and screening equipment. The company promoted Greg Meng, previously vice president of finance, general manager – Cedarapids crushing and screening. Terex promoted Dave McLaughlin to director of sales and marketing. He previously worked as national sales manger. McLaughlin will […]

June 19, 2004

Oshkosh Truck to acquire Jerr-Dan

Oshkosh Truck announced June 1 it has agreed to acquire Jerr-Dan, a manufacturer of towing and recovery equipment. The acquisition will help Oshkosh, a manufacturer of specialty trucks and truck bodies, expand its product lines and distribution network, said Robert Bohn, chairman, president and chief executive officer of Oshkosh. Bohn said there are opportunities for […]

June 19, 2004

Home Depot to purchase Kmart locations, expand in China

Home Depot recently announced that in addition to buying out old Kmart buildings for new Home Depot stores, the business is also expanding its operations to China. The retailer said June 4 it will buy as many as 24 stores from Kmart for up to $365 million. The exact number of stores, their locations and […]

June 15, 2004

Volvo CE sells Nashville, Memphis LB Smith territories

Volvo Construction Equipment has sold the Nashville and Memphis, Tenn., market areas of its former dealer, L.B. Smith, to its Louisiana dealer, Scott Construction Equipment. The company will serve the new market areas from current LB Smith branch facilities in Nashville and Memphis. In conjunction with the sale, Volvo CE has also named Scott Equipment […]

June 13, 2004

Attendance high at convention to attract contractors to Iraq

Approximately 250 contractors and business owners gathered at Caesar’s Palace in Las Vegas June 2-3 for a government-sponsored convention on job opportunities in Iraq. Attendance at the convention, which was co-sponsored by the Army and the Department of Commerce, was unexpectedly high, and attendees were generally optimistic. Despite media reports of violence contractor deaths in […]

June 11, 2004

Man in armored bulldozer razes town

A man who was angry at city officials plowed an armor-plated bulldozer into a town hall and at least five other buildings in Granby, Colo., on June 4. According to authorities, Marvin Heemeyer was angry over a zoning dispute and fines resulting from city code violations at his business. Heemeyer, who owned the local muffler […]

June 10, 2004

NES Rentals exec wins Construction Industries of Massachusetts Award

Robert Toomey, vice president of NES Rentals’ traffic safety division, has earned the Construction Industries of Massachusetts Award, which CIM instituted to honor members for their professionalism, integrity and contributions made to the construction industry throughout their careers. Toomey is the sixth person in CIM’s 83-year history to receive the award. Prior to joining NES […]

June 7, 2004

Page 295 of 306

yellow Gehl SRT105 and red Manitou 1050 SRT mini track loaders displayed on grass field

Gehl, Manitou Reveal Their First Stand-On Mini Track Loaders

The 1,050-pound-capacity Manitou 1050 SRT and Gehl SRT105 join Cat, Deere and SDLG in entering the growing U.S. market this year.

Orange CASE BISON XT next-gen dozer with blade in industrial warehouse setting

Closer Look: Case’s Smallest Next-Gen N Series Dozers Get Big Upgrades

Yellow excavator demolishing abandoned concrete building under stormy sky

KOBELCO Releases Two New Straight Boom Excavators for Demolition

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

How upgrading excavator machine control boosts your productivity