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Business: Page 49
Contractor of the Year
From Widow to CEO: Wife Steps in to Run Virginia Construction Business
Marcia Hudgins was ready to ease into retirement when her husband, Lester – founder of Hudgins Contracting Corporation – was diagnosed with pancreatic cancer. She stepped up to keep his legacy alive.
November 14, 2023
Business
Bobcat to Build New $300M Plant in Mexico to Manufacture Compact Loaders
The company plans to increase M-Series loader production capacity by 20% and hire 600-800 workers.
November 13, 2023
Sponsor Content
Choosing The Right Tire and Track Patterns for Maximum Productivity
Maxam Tire North America
July 7, 2026
Business
$2 Billion in Funding Set for Climate-Friendly Federal Construction Projects
150 projects across 39 states will be completed using cleaner construction materials known as “low-embodied carbon” (LEC) materials,
November 13, 2023
Safety & Compliance
Colorado Contractor Sentenced to 90 Days in Jail After Trench Death
The jobsite had a history of cave-ins, yet workers continued to enter unprotected trenches even after a worker died.
November 13, 2023
Business
Construction Equipment Sales Prop Up CNH Growth in Q3
The manufacturer of Case and New Holland brands of heavy equipment reported revenues of $5.99 billion during the quarter, up 2% compared to the same period last year.
November 10, 2023
Pickups
Popular Large Pickups Falter in Backseat Safety Tests
The F-150, Ram 1500 and Chevy Silverado were rated "poor,” while the Toyota Tundra managed a “marginal” rating.
November 9, 2023
Roadbuilding
Lasers Used to Clean Conn. Bridge Instead of Sandblasting (Video)
Laser ablation coating removal was performed with handheld devices by Adapt Lasers to save time and reduce environmental waste.
November 8, 2023
Market Pulse
Construction Project Spending Rises but Hiring Declines Near Season End
Both residential and nonresidential spending posted monthly increases, while job openings reached a record high.
November 6, 2023
Roadbuilding
Construction Starts on New Mississippi River Bridge Between Ill., Mo.
The new bridge will replace a flood-prone, 80-year-old span that carries Illinois 150 and Missouri 51 over the river.
November 6, 2023
Business
LiuGong to Sell Polish Factories, Move Dressta Dozer Production to China
The China-based company cites a 30% reduction in manufacturing costs and concerns about the war in Ukraine for the move.
November 6, 2023
Roadbuilding
Unique Tied-Arch Bridge Officially Opens in Detroit (Time-Lapse Video)
The first skewed, unbraced network tied-arch bridge in the U.S. is deemed an "engineering marvel."
November 2, 2023
Contractor of the Year
Video: McKinney Construction Celebrates 40 Years of Laying Pipe
A certified woman-owned enterprise, the third-generation family business is celebrating its 40th anniversary in 2023.
November 2, 2023
Business
Caterpillar Growth Steams Ahead with 12% Sales Boost in Q3
Its North American construction markets jumped 31% over last Q3, driven by higher equipment sales and increased dealer inventories.
November 2, 2023
Business
Hyundai’s Purchase of Doosan Infracore Pays Off After 2 Years of Profits
Profits from Hyundai’s purchase in 2021 of Doosan Infracore – whose construction brand is now Develon – have exceeded the acquisition cost.
November 1, 2023
Business
Terex Announces Retirement of Chairman and CEO John Garrison Jr.
Simon Meester will succeed Chairman and CEO John Garrison Jr., and Josh Gross will be promoted to president of Genie.
November 1, 2023
Dealers
Northeast Cat Dealer Opens 100,000-Square-Foot Facility in NY
Milton Cat's new 100,000-square-foot dealership features a 30,000-square-foot service shop with more than 20 technicians and 24 bays.
October 31, 2023
Market Pulse
FMI: Construction, Engineering Spending to Increase 5% in 2023
The increase is buoyed by record growth in manufacturing, combined with gains in nonresidential and nonbuilding segments.
October 30, 2023
Dealers
Titan Machinery Names New CEO as Part of Succession Plan
Bryan Knutson, current president and chief operating officer, will succeed founder David Meyer, effective February 1.
October 30, 2023
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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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