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Business: Page 38
Business
Contractor Sentenced to 10 Years for $125M Fraud on Federal Projects
His scheme spanned 25 years, involving bribes to a State Department official and construction contracts for embassies, consulates, military posts.
January 16, 2024
Contractor of the Year
Arizona Contractor's 30-Year-Old Business Begins with a Father's Promise
Pete Jones and his son Michael planned to start a construction business, but Michael died before it could happen. Pete decided to carry on.
January 12, 2024
Sponsor Content
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February 1, 2026
Regulations
Cummins to Recall 600K Ram Trucks Under Record Clean-Air Settlement
With the $1.675 billion penalty – the largest-ever for a Clean Air Act violation – and the recall, Cummins’ estimated costs top $2 billion.
January 11, 2024
Regulations
AGC Sues to Stop Biden's New Labor Rule on Federal Construction Projects
The new rule would essentially require unions to be represented on all federal construction projects over $35 million.
January 11, 2024
Market Pulse
Dodge Economist: No Recession in 2024; Strong Construction Growth Expected
"We're anticipating that 2024 will bring about more consistent growth, as well as more opportunity in the construction sector."
January 11, 2024
Safety
Man Wins $11M Jury Award Against Kubota After Skid Steer Accident
He was riding on the front of the skid steer when his shoulder got caught between the raised grapple and roof overhang, paralyzing him.
January 10, 2024
Regulations
Cummins to Pay Highest-Ever Clean Air Fine for Ram Pickup Engines
Cummins has agreed to pay $1.675 billion for allegedly installing emissions defeat devices on nearly 1 million diesel engines in Ram pickups.
January 9, 2024
Roadbuilding
Famous “Three Sisters” Bridge Reopens After 2-Year Rehab in Pittsburgh
The Roberto Clemente Bridge is the third and final of the world's only identical golden spans to undergo renovation since 2016.
January 5, 2024
Mergers & Acquisitions
Tadano to Acquire Japanese Crawler Aerial Platform Manufacturer Nagano
With the acquisition of Japanese manufacturer Nagano, Tadano will add self-propelled crawler aerial work platforms to its product offering.
January 5, 2024
Market Pulse
Construction Job Openings Hit Highest Level Since December 2022
Labor shortages will continue to impact construction wages and spending in 2024, according to AGC and ABC economists.
January 4, 2024
Business
Appeals Court Sides with Cat Dealers in Antitrust Lawsuit by ICP
Court rejects claim that dealers conspired to prevent sales of new Chinese equipment on IronPlanet online market.
January 3, 2024
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
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
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Vintage Equipment
“The Scoopmobile!” — Dr. Seuss-Like Wheel Loader an Odd, Rare Sight (Video)
The contraption was popular with road departments 75 years ago — with its arch-shaped steering rod, tricycle layout and rope-control bucket.
Compact Excavators
Volvo CE Unveils 3 New Mini Excavators — 2 with Tracks, 1 with Wheels
Compact Excavators
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Off-Road Trucks
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World of Concrete
15 New Battery-Powered Tools & Takeaways from World of Concrete 2026
Equipment World Contractor of the Year
The Contractor of the Year contest recognizes contractors who have annual revenues of between $3 million and $20 million and exemplify the highest standards of construction professionals.
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