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Business: Page 302

Flash Facts – July 7

MANUFACTURER NEWS Cummins ranked in 50 best companies for minorities Cummins announced Thursday that Fortune magazine has selected it as one of the “Top 50 Companies for Minorities.” The company is ranked 43rd. This is the second time in three years Cummins has been recognized as a top company for minorities. To increase the company’s […]

July 10, 2003

Terex, Caterpillar to acquire each other’s assets

Terex and Caterpillar announced Tuesday they have reached a non-binding agreement for Caterpillar to acquire Terex’s electric-drive mining truck business, and for Terex to acquire Caterpillar’s 5000-series mining shovel property. As part of the agreement, Caterpillar will acquire Terex’s eight-model line of DC and AC electric-drive mining trucks, which will continue to be sold under […]

July 6, 2003

Sponsor Content

Choosing The Right Tire and Track Patterns for Maximum Productivity

Maxam Tire North America

July 7, 2026

Choosing The Right Tire and Track Patterns for Maximum Productivity

New rules limit retainage to 30 days

Under new rules announced by the U.S. Transportation Department last week, prime contractors must pay subcontractors within 30 days of being paid by the contracting agency. The rules, which go into effect July 16, were adopted to help define retainage regulations and, according to the American Road & Transportation Builders Association, could help make the […]

June 30, 2003

Anti-mold drywall to be released this month

If you work in an area where mold and mildew are concerns, a new drywall by USG might make a difference in your business. Humitek, which is mold and moisture resistant, is expected to be on the market this month. Humitek looks like regular drywall, except it is lined with a light-blue paper. Panels, available […]

June 27, 2003

Flash Facts – June 23

MANUFACTURER NEWS Navistar delays closing Ontario plant Navistar International announced Thursday it will delay closing its Ontario plant in hopes of receiving financial aid from the Canadian government to keep the facility open. The Ontario plant, the company’s largest heavy-duty truck manufacturing operation, was scheduled to close Wednesday, when Navistar was to shift production to […]

June 25, 2003

Flash Facts – June 16, 2003

MANUFACTURER NEWS Ingersoll-Rand to develop online course Ingersoll-Rand announced June 2 it would be working with Digital Think, a company known for customizing e-learning coursework, to develop an online employee orientation course. The program, known as Ingersoll-Rand University, will teach new employees about the company’s vision, values, products and services. The program will be produced […]

June 20, 2003

$2 billion rail freight tunnel proposed for New York Harbor

More than 70 years after it was first proposed, plans for a $2 billion rail freight tunnel under New York Harbor could be underway, if approved by the Port Authority of New York and New Jersey. MoveNY, an initiative for the construction of such a tunnel, has gained popularity recently from prominent leaders in the […]

June 17, 2003

McLaughlin no longer selling, distributing or repairing HDD tracking equipment

The following is a press release from McLaughlin Manufacturing Company McLaughlin Manufacturing Company, a Greenville, S. C., based manufacturer and supplier of auger boring machines and verifier pipe and cable locating systems hereby announces that it will no longer sell, distribute or repair any horizontal directional drill tracking equipment, including that marketed as Spot-D-Tek or […]

June 13, 2003

Flash Facts — June 9

MANUFACTURER NEWS Volvo and Chinese corporation form joint venture Volvo Trucks announced Monday the company recently signed a joint venture with China National Heavy-Duty Truck Corp. Through the agreement, approximately 10,000 Volvo trucks are expected to be produced annually in eastern China’s Shandong province by the year 2010. The equally-owned company, Jinan Huawo Truck Co., […]

June 11, 2003

EPA proposes new emission standards for off-road equipment

Diesel pollution from off-road construction equipment could be reduced up to 90 percent if a 1,000-page proposal the Bush administration released Tuesday is enacted. The proposal requires manufacturers of diesel-powered off-road equipment to install new emission controls between 2008 and 2014. The Environmental Protection Agency’s goal is to raise emission standards for off-road equipment to […]

June 10, 2003

Baby Bells’ fiber optic deal could crank up trenchless industry

An agreement among the nation’s three largest regional phone companies to standardize technical requirements for fiber-optic systems could create a lot more work for trenchless contractors in the near future. Verizon, SBC Communications and BellSouth published a set of common standards last week for vendors trying to sell them fiber optics equipment that would provide […]

June 10, 2003

Construction equipment buyers checking out ebay

Ebay isn’t just for buying toys and electronics anymore. Ebaybusiness.com is one of the fastest growing venues to buy construction equipment, with 8,000 new construction listings on the site every week. Because of increased popularity, eBay recently expanded the number of construction sub-categories from 17 to 54. Jeff Marley, owner of Agcon Equipment of Lakewood, […]

June 5, 2003

Legislation could provide $2.8 billion to repair Oregon roads, bridges

Hundreds of new construction jobs could be in the near future for Oregon, thanks to a proposed $2.8 billion transportation package. If the legislature and governor approve the package, it could be the largest transportation package ever instituted by the state. According to the Oregon transportation department, there are approximately 500 cracked and failing highway […]

June 3, 2003

Tax cut package could benefit contractors

Congress approved a $350 billion tax cut package last week that could benefit construction contractors by allowing firms buying new equipment to immediately deduct a “bonus depreciation” of 50 percent of the cost from their taxes. A reduction in dividend and capital gains taxes could also assist contractors. President Bush said he would sign the […]

May 29, 2003

Flash Facts — May 27

MANUFACTURER NEWS Bridgestone/Firestone North American Tire realigns business units Bridgestone/Firestone North American Tire announced Thursday the company is realigning its business units in an effort to improve customer service. Effective June 1, the company will consist of four units: Consumer Replacement Tire, Consumer OE Tire, Truck and Bus Tires and Off-Road Products. Business presidents for […]

May 29, 2003

Karlsten to replace Gigou as Volvo Trucks president

Volvo announced Monday that Peter Karlsten, currently president of Volvo Trucks in Brazil, will become the new president of Volvo Trucks North America. Karlsten will replace Michel Gigou in a planned succession. Gigou’s foreign service contract expires at the end of 2003, although Karlsten will assume his new position Oct. 1. Gigou will serve until […]

May 22, 2003

Volvo buys its largest U.S. dealer

Volvo Construction Equipment announced May 7 it has acquired the distribution businesses of L.B. Smith, its largest U.S. dealer and distributor for the majority of the East Coast. Volvo CE says it will continue operating the business from the existing 31 locations in Florida, Georgia, Tennessee, Alabama, North and South Carolina, New Jersey, Virginia, eastern […]

May 15, 2003

Flash Facts – May 12

MANUFACTURER NEWS Kubota named Georgia manufacturer of the year Georgia Gov. Sonny Perdue named Kubota Manufacturing of America Georgia Manufacturer of the Year in the large-size company category on April 17. KMA was nominated for the award by Lanier Technical College. More than 100 other companies were nominated. Volvo buys its largest U.S. dealer Volvo […]

May 13, 2003

Page 302 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