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Business: Page 89
Business
AEM after show cancellations: ConExpo will go on, “overwhelming majority” of exhibitors staying
ConExpo show organizer the Association of Equipment Manufacturers, countering speculation after the Volvo Group pulled out of the show Thursday, said on Friday that an “overwhelming majority of CONEXPO -CON/AGG exhibitors have confirmed their participation in next week’s show in Las Vegas.” In a joint announcement with AEM, Volvo Construction Equipment said its booth, which has […]
March 6, 2020
Business
Coronavirus claims first major ConExpo 2020 exhibitor, others staying put
Editor’s note: This post has been updated to reflect Volvo Construction Equipment’s decision on Friday to open its ConExpo exhibit, but without Volvo employees. Volvo Group —including Volvo Construction Equipment and Mack Trucks — has withdrawn from next week’s ConExpo. (In a clarification a day after the announcement, the company said it will open its […]
March 5, 2020
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February 1, 2026
Contractor of the Year
Family’s ‘diversify or die’ attitude grows playground installation business
Jim Davis Jr. awoke to his phone ringing on a Monday morning in 1993. He looked at the clock. It was 6 a.m. “Let’s go,” said his father, Jim Sr., on the other end. “I just graduated college yesterday,” his son replied. “Yeah, now it’s time to go to work.” “He didn’t even give me […]
March 5, 2020
Dealers
PCA, ARA forecasts underline steady-as-she-goes 2020 for construction—with some cautions
The two pillars of the economy — consumer spending and labor markets — remain solid, portending at least a modest growth in 2020, says Ed Sullivan, senior vice president and chief economist, PCA. “As long as you have strength in those, the economy will remain strong and you will see continued moderate economic growth. The […]
February 20, 2020
Business
Ritchie Bros. Asset Solutions tackles used equipment inventory management, with integrated pricing data
The largest global seller of used equipment is now offering a broader suite of services centered around asset disposition. Ritchie Bros. Asset Solutions provides a suite of collaborative tools to give users real-time control over their inventory and optimize their sales of used equipment, the company says. This includes a cloud-based inventory management system, inspection […]
February 14, 2020
Business
How this husband and wife built a construction firm with loyalty to employees and giving second chances
Greg Huylar was born and raised on the Yakima Indian reservation. His father was a cattle rancher, tending up to 350 head, and Greg spent the better part of his youth on horseback working cattle in the mountains of Washington state. Despite studying agriculture in college, Greg didn’t want to spend the rest of his […]
January 2, 2020
Business
Contractors optimistic about 2020, predicting growth in all major project types, AGC says
As contractors approach the new year, optimism abounds for 2020’s construction outlook conducted by the Associated General Contractors of America. Any major worries economists may have about the broader economy or specific segments don’t appear to be affecting the construction industry, according to the newly released AGC survey. In survey responses from about 1,000 member […]
December 27, 2019
Contractor of the Year
Here are our 2020 Contractor of the Year finalists
Equipment World has named its 2020 Contractor of the Year finalists, celebrating the 20th year of the program. Each year, the editors of Equipment World vet Contractor of the Year applications from across the country, examining each contractor’s references, business acumen, equipment management practices, attention to safety and community involvement. The program, which recognizes contractors […]
December 13, 2019
Business
The collective black eye: construction is nation’s No. 1 industry for suicides
Two men began talking at a conference. One of the two, an executive with a Fortune 100 electrical contracting firm, turned pale when the subject of construction suicides came up and told the other, “How did you find out about us? We‘ve lost three people to suicide, and the last one was a foreman––he hung […]
December 2, 2019
Contractor of the Year
With deep roots in construction, this small, tight-knit Georgia contractor has reached Hollywood heights
Don Logan knew what he wanted to do right out of high school, and it had nothing to do with going to college as his father wished. “My father was in home building, and I liked being on his equipment,” Don recalls. So after graduation in 1995, he started doing a number of jobs, including […]
November 28, 2019
Business
Ex-controller embezzles $8.7 million from construction firm, goes on classic car spending spree
Apparently a 1969 Ford Shelby GT500 is a necessary addition to contractor’s fleet. Two Shelbys — a convertible and a two door, both valued at $160,000 — were part of the loot purchased by the ex-controller of a construction firm, who set up a residential construction company to bilk Pittsburgh-area Marco Contractors out of $8.7 […]
November 26, 2019
Business
My Epiroc system tracks fleets by mobile device, computer
Epiroc has developed a new system and app for tracking equipment fleets via computer and mobile devices. The company says the My Epiroc digital system improves fleet efficiency, with a focus on increasing uptime for mining and infrastructure operations. The system tracks fleet status in the production process, providing alerts and updates, and highlights items […]
November 18, 2019
Contractor of the Year
A&A Paving’s best customer bought the whole business; has since built upon a legacy of great service
When Bob Olson started A&A Paving in 1960 he had a goal of running the best little asphalt paving and sealcoating company in the Chicagoland area. With a great work ethic, personable style and innovative practices, Olson earned a cadre of loyal customers for the better part of six decades. But when Olson started thinking […]
November 7, 2019
Business
Construction starts forecast to drop 4% in 2020 according to new Dodge Outlook
Construction starts will fall 4 percent in 2020 in the United States in an “orderly pullback,” but there will be no recession, forecasts Dodge Data & Analytics. The firm’s 2020 Construction Outlook, released today, cites trade fights and a labor shortage as the main causes for the construction decline. The decline, however, will be nothing […]
October 31, 2019
Business
Slower growth but no recession near, predicts latest cement industry forecast
According to the Portland Cement Association, cement consumption in the U.S. is expected to grow through 2021 at a slow pace. More details on Equipment World.
October 29, 2019
Contractor of the Year
Facing an empty bank account, Rita Lawrence started a paving business to survive. Now they call her “Mama Bear”
Rita Lawrence shares how she and her husband started L & L Asphalt and what it is like owning an asphalt company in the construction industry. Details here.
October 10, 2019
Business
Pa. adopts new law requiring construction contractors to E-Verify employees
Pennsylvania has adopted the Construction Industry Employee Verification Act, requiring construction contractors to e-verify its employees. Details here.
October 8, 2019
World of Concrete
Contractor of the Year deadline extended to Oct. 15; finalists receive expenses-paid trip to ConExpo
Equipment World's Contractor of the Year application deadline has been extended to October 15. Finalists will receive a trip to ConExpo-Con/Agg 2020 and more.
October 7, 2019
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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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