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Business: Page 32
Business
Epiroc to Acquire Attachment and Tool Manufacturer Stanley Infrastructure
The $760 million deal includes the LaBounty, Paladin, Pengo and Dubuis brands.
January 2, 2024
Pavers
Volvo CE Exiting Paver Business, Selling ABG Line to Ammann
The move follows the company’s sale of its Blaw-Knox paver business to Florida-based Glencor Industries in 2020.
December 29, 2023
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February 19, 2025
Technology
HD Hyundai Partners With Google Cloud to Boost AI Innovation
The collaboration with Google Cloud will introduce generative AI across Hyundai’s core businesses, including HD Hyundai XiteSolution, for the Develon and Hyundai Construction Equipment brands.
December 29, 2023
Roadbuilding
ARTBA: Double-Digit Growth for Roadbuilding Coming in 2024
Spending on road construction is expected to grow 16% in 2024, the second year in a row of double-digit gains.
December 28, 2023
Market Pulse
Inflation, Interest Rate Worries to Drive 2024 Construction Equipment Financing Trends
Cash deals, equipment-as-a-service and sharing models will continue to accelerate amid another year of uncertainty.
December 27, 2023
Roadbuilding
Chicago’s Kennedy Expressway First Phase Rehab Completed
Phase 2 of the $150 million project will begin in spring.
December 22, 2023
Contractor of the Year
A Paving Contractor Takes Social Media by Storm
American Pavement Specialists' viral videos have catapulted the small, family-owned business to nationwide acclaim.
December 18, 2023
Dealers
Feenaughty Machinery: Answering Contractors' Calls for 120 Years
Now in its fifth generation, the equipment dealer got its start in 1901 selling street cleaners.
December 15, 2023
Roadbuilding
“Critical Failure” Uncovered on I-195 Bridge; Damage Photos Released
Anchor rods were corroded and detached on a section of the Washington Bridge in East Providence that carries 96,000 vehicles a day.
December 13, 2023
Business
Kubota Consolidates 2 Georgia Manufacturing Subsidiaries
Two Georgia-based facilities will combine to produce tractors, construction equipment and implements.
December 13, 2023
Business
Las Vegas to Los Angeles High-Speed Rail Plan Gets $3B Grant
The Brightline West service will consist of 218 miles of track for electric trains traveling around 200 mph.
December 11, 2023
Contractor of the Year
Finalists Announced for Equipment World's 2024 Contractor of the Year Award
The 12 finalists hail from diverse areas of the industry and country, and one will be named Contractor of the Year in March.
December 12, 2023
Safety & Compliance
Contractor Faces $1.8M in Repeat Trench Penalties; Cited 4 Times in 4 Years
The proposed fines appear to be the largest single OSHA penalty amount in at least two years for a trench violation.
December 11, 2023
Contractor of the Year
In Grandfather's Honor: Ga. Contractor's Business Still Thriving After 36 Years
“It would have been cool for him to see what’s happened.”
December 8, 2023
Contractor of the Year
Pure Grit and Machine Control Drive Success for Kansas Contractor
After the company founder's untimely death, two cousins harness more than two decades of machine control use and determination to overcome challenges.
December 7, 2023
Business
Takeuchi Founder, Eagle Crusher CEO Inducted into AEM Hall of Fame
Both industry pioneers were recognized for "spearheading innovative product segments."
December 6, 2023
Business
Deadline Looms for Section 179, Bonus Depreciation for 2023 Equipment Buys
Section 179 hits a historic high deduction level, while bonus depreciation drops for first time since 2017.
December 5, 2023
Safety & Compliance
Three Florida Contractors Fined Total of $131K for Trench Violations
According to OSHA records, the trench at the jobsite lacked any shoring or a trench box to prevent any cave-ins.
December 4, 2023
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