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Business: Page 305
Business
Cummins offers used-engine warranty program for off-highway equipment
Cummins announced Thursday it will offer a two-year/2,000-hour warranty program for pre-owned midrange and heavy-duty mechanical engines that pass a general fitness inspection. Cummins will offer its Encore Pre-Owned Industrial Engine Coverage plan for pre-owned B3.3, B3.9, B5.9, C8.3, L10, M11 and N14 agricultural and construction engines that pass a visual inspection, as well as […]
November 27, 2002
Business
Flash Facts
MANUFACTURER NEWS Kenworth, Allison extend transmission discounts Kenworth and Allison Transmission are extending until May 7 a program that offers discounts on three transmissions when they are used in particular Kenworth construction trucks. The program offers discounts for Allison’s HD4060, HD4560 and HD4070 automatic transmissions on Kenworth T800 112-inch and 120-inch BBC, C500 and selected […]
November 13, 2002
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September 22, 2026
Business
ConstructionJobs.com, subcontractors’ group form partnership
ConstructionJobs.com and the American Subcontractors Association announced a business affiliation last week that will offer ASA members a 20 percent discount on the job board’s rates for posting job openings and searching for job candidates. “The shortage of qualified labor in the construction industries has long been a problem, and these partnerships keep us aligned […]
November 6, 2002
Business
Flash Facts
MANUFACTURER NEWS Sullair acquires Australian compressor maker Sullair Corp. has acquired Champion Compressors, an Australian designer, manufacturer and distributor of compressed air products. Steven Oswald, president of Sullair, said the two companies develop products that compete in different compressor market niches. The acquisition will expand Sullair’s product offering in Australia and New Zealand and make […]
November 6, 2002
Business
Flash Facts
MANUFACTURER NEWS Liebherr Concrete Technology opens headquarters Liebherr Concrete Technology has established a headquarters in Newport News, Va. Liebherr concrete products were previously available in European markets and are now available in North America. Those products include twin shaft mixers, ring pan mixers, concrete reclaimers, concrete batch plants and material handling systems. The company plans […]
October 30, 2002
Business
Barn builder uses slipform machine to speed construction
Scott Spiegelberg, a contractor in Weyauwega, Wis., used to consider building a barn for 50 cows a large project. But with the surge in corporate dairy farming that began in the 1990s, Spiegelberg and other contractors who specialize in barn construction are working on projects that house from 1,000 to 5,000 cows. Spiegelberg needed a […]
October 24, 2002
Business
Flash Facts
MANUFACTURER NEWS Ingersoll-Rand to sell Engineered Solutions business Ingersoll-Rand announced last week it will sell its Engineered Solutions business to The Timken Company for approximately $840 million. Engineered Solutions includes Ingersoll-Rand’s precision bearings and motion-control components and assemblies. The deal will affect the Torrington, Fafnir, Kilian, Nadella and IRB brands. The business had 2001 revenues […]
October 23, 2002
Business
U.S. Steel to concentrate on steel making
A century after U.S. Steel became the world’s first billion-dollar company, the firm is selling off some of its extraneous enterprises to focus on making steel. U.S. Steel officials signed a letter of intent to sell for $500 million its coke plants in Clairton, Pa., and Gary, Ind., its Minnesota iron ore operations and its […]
October 22, 2002
Business
Builders’ association to form insurance firm
Saying the traditional insurance market has abandoned construction contractors, the New York State Builders Association is planning to start its own insurance company to serve members. Most liability insurance carriers have either stopped offering coverage to builders or have increased rates by as much as 500 percent over the past 18 months, Phillip LaRocque, executive […]
October 17, 2002
Business
Flash Facts
Flash Facts – Oct. 14 MANUFACTURER NEWS Cat to research metal fatigue in machines, structures Caterpillar will receive funding from the U.S. Department of Commerce to help develop technology designed to improve the durability of large structures and machines. The $9 million project will focus on creating wireless sensor technology that provides “real time” analysis […]
October 16, 2002
Business
House committee rejects plan to add $4 billion to 2003 highway funding
The House Appropriations Committee rejected an amendment Oct. 1 that would have added $4.1 billion to the federal highway program for 2003, bringing funding up to this year’s level of $31.8 billion. The amendment failed with a vote of 29-26. The Senate Appropriations Committee unanimously recommended $31.8 billion for the highway program in its version […]
October 15, 2002
Business
Sluggish economy creates cocooned workers
The stagnant economy has caused many workers to cocoon themselves in their current jobs, waiting for the nation’s financial situation to improve so new jobs will open, according to the authors of the Heman Trend Alert, a newsletter advising employers about employee retention. These workers are used to the freedom of switching jobs for better […]
October 10, 2002
Business
Flash Facts
MANUFACTURER NEWS U.S. government awards Bobcat five-year contract The U.S. government has awarded Bobcat a five-year contract to supply skid-steer loaders to the Army. An initial order for 283 units is worth $7.24 million. Successive orders depend on annual funding, but the contract could result in orders for 1,000 units worth $25 million, the company […]
October 9, 2002
Business
Flash Facts — Sept. 23
MANUFACTURER NEWS DaimlerChrysler to buy stakes in Mitsubishi and Hyundai DaimlerChrysler will buy a 43-percent stake in Mitsubishi’s Fuso truck and bus operations for $749.7 million and a 50-percent stake in Hyundai’s commercial vehicles business for $690.5 million. DaimlerChrysler already owns 37.3 percent of Mitsubishi Motors and 10 percent of Hyundai Motor. Terex completes Genie […]
September 30, 2002
Business
Naval Seabees Train at Cashman Equipment
The U.S. Naval Seabees, with a detachment in Las Vegas, recently used Cashman Equipment as a site for equipment training to prepare them for potential action. The Seabees pave roads and build facilities during wartime. Their long history in the United States is the stuff of movies. “Cashman Equipment showed its patriotism and support of […]
September 29, 2002
Business
Iowa demolition contractor wins Contractor’s Dream Package
Todd Marpe, a demolition contractor from Northwood, Iowa, is the winner of Equipment World’s Contractor’s Dream Package Sweepstakes, valued at nearly $100,000. The package includes equipment and supplies provided by various construction industry manufacturers. The grand prize was a Ford F550 Super Duty pick-up truck. Marpe has been a self-employed contractor for the past 25 […]
September 29, 2002
Business
Flash Facts
MANUFACTURER NEWS Atlas Copco consolidates pneumatic division Atlas Copco will consolidate operations in its Chicago Pneumatic Division and cut about 70 jobs in France, the company said last week. Chicago Pneumatic makes tools for fastening, drilling and sanding. The company will consolidate air tool production from plants in Nantes, France, and Great Britain into its […]
September 24, 2002
Business
Partners find niche delivering short loads of concrete
Contractors and homeowners in the Detroit area who need 3 yards or less of concrete delivered to their jobsite once had two options. They could call a ready-mix yard and pay a premium for getting what is called a short load delivered, or they could rent portable concrete equipment and spend the day getting the […]
September 24, 2002
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