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Business: Page 90
Business
In wake of father’s death, a son takes family construction business to new heights
To say that Richard Preston grew up in the construction business is an understatement. “I was always on the jobsite with my dad,” Richard says. “As early as elementary school he would have me straightening things up.” As Richard grew older, his responsibilities at Preston Construction increased, including superintending jobs in his parents’ brief absences […]
February 21, 2018
Business
Home starts kick off 2018 with 7.3% jump
The start of construction on new homes in the U.S. rose 7.3 percent in January to a seasonally adjusted annual rate of 1.326 million homes. The jump in starts more than makes up for the 7-percent drop seen in home starts at the end of 2017 where the rate of construction fell from 1.299 million […]
February 20, 2018
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February 19, 2025
Business
Construction adds 36,000 jobs in Jan.; 2017 spending up 2.6%
The U.S. construction industry began 2018 with a bang, adding 36,000 jobs in January. Total industry employment increased for the fifth consecutive month in January and now stands at a seasonally adjusted annual rate of nearly 7.1 million workers, according to the Labor Department. The January total is 3 percent higher than the January 2017 […]
February 7, 2018
Roadbuilding
NAPA/FHWA survey finds RAP one of top recycled materials of 2016
The latest survey conducted by the National Asphalt Pavement Association (NAPA) and the Federal Highway Administration (FHWA) found that reclaimed asphalt pavement (RAP) and recycled asphalt shingles (RAS) were the top recycled materials in 2016. According to NAPA, the report found that more than 31 percent of all asphalt pavement mixtures produced in 2016 used […]
February 6, 2018
Business
American Concrete Institute presents awards during World of Concrete
The American Concrete Institute (ACI) presented its ACI Construction Award and ACI Certification Awards during the World of Concrete in Las Vegas on January 24. The following people were recognized: Brian P. Cresenzi, Materials Engineer, HNTB Corp., received the ACI Construction Award for the discussion of concrete production and concrete quality organization, as well as […]
February 1, 2018
Business
Brooks leads National Association of Women in Construction
The new executive vice president of the National Association of Women in Construction has hit the ground running. Since joining the organization in September, Beth Brooks “has begun to realign staff and has assessed ways to better serve our members, renew partnerships and increase our national sponsorships,” says NAWIC President Catherine Schoenenberger. Brooks comes to […]
January 31, 2018
Business
PCA economist: Construction economy is good, but Trump’s infrastructure proposals will take time to show benefit
It’s no mirage. “No matter how you look at it, the near-term economy is in good shape,” says Ed Sullivan, senior vice president and chief economist at the Portland Cement Association. Even better, there’s at least a couple more years of strong economic growth ahead, he says. After 2020 the picture is still good, but […]
January 30, 2018
Business
Fifth-generation construction family prevails with hard work, community spirit and Texas attitude
If you can’t work hard, you won’t last long in Texas. It’s just part of the culture, and something the world saw this summer when Hurricane Harvey dumped 5 feet of rain along the Texas Gulf Coast. Just east of Beaumont, KAT Excavation and Construction was swamped by that deluge. Flooded shop and offices. Water […]
January 22, 2018
Roadbuilding
Concrete Control: Uniformity in pavement mixes begins with proper aggregate management
Concrete mixtures for paving present unique challenges, primarily because most pavement designs require the mix to stand up, particularly at the edges and back of the paver. Thus, it’s critical for the mix to have the correct proportions of the three main components: cement, water and aggregate. The aggregate is the biggest part of a […]
January 19, 2018
Business
Chicago-based construction firm celebrating 120th year
The Walsh Group traces its beginnings back 120 years when Matthew Myles Walsh started a carpentry business out of his home in Chicago in 1898. Since then, the company has grown to more than 8,000 employees with 18 regional offices. It is a multi-billion-dollar business and ranked the 11th-largest construction firm in the United States, […]
January 18, 2018
Business
How an insurance rating could unfairly cost contractors jobs
A complicated calculation for determining workers compensation premiums has evolved into a do-or-die benchmark on whether contractors are qualified to bid on many jobs, and some say that’s not fair, especially for smaller contractors. It’s called the experience modification rate (EMR), and it’s based on previous workers comp claims versus payroll and other factors. The […]
January 17, 2018
Business
Ditch the Paper: Electronic equipment inspections take fleet management to the next level
There are plenty of obvious reasons to convert your maintenance and equipment inspection processes from paper records to digital: improved safety, shop efficiency, regulatory compliance and reduced downtime. What’s more, electronic records can be easily upgraded and customized into different fields. You can track hours per service or repair. Inspections can be shared with your […]
January 16, 2018
Business
Fecon, RPX Technologies develop mobile mulching head balancing solution
Vibration can be destructive of any machine or moving part, not to mention the aggravation and fatigue it causes in operators.  This is especially true in forestry mulchers with their heavy, high-speed rotating heads. Fecon partnered with RPX Technologies to develop a mobile balancing service for forestry mulching equipment. Originally developed by RPX to balance […]
January 11, 2018
Business
Construction spending up 0.8% in November
U.S. construction spending rose during November on gains from both the residential and nonresidential markets. Total spending rose 0.8 percent from October to a seasonally adjusted annual rate of $1.256 trillion. The total represents a 2.4-percent improvement over the November 2016 rate. Residential spending by private homebuilders rose 1 percent during November to a rate […]
January 4, 2018
Contractor of the Year
Precision excavation, machine tech key to Tenn. contractor’s growth
Joe Palmer wasn’t exactly your typical teen. Midway through his senior year in high school, Palmer took his savings from the many jobs he’d been working and bought a new set of wheels: a dump truck. With that truck and some compact equipment, Palmer started his company, doing hauling and light demolition. By the grand […]
December 25, 2017
Dealers
With hurricane recoveries, Sunbelt Rentals revenue climbs 17% in six months
Fueled in large part by hurricane recoveries, Sunbelt Rental’s total revenue grew by 17 percent to $2.08 billion – including an 18-percent rise in rental-only revenue, in the first half of its fiscal year ending October 31. That’s according to UK-based parent company Ashstead Group, which reported both second quarter and first half results on […]
December 20, 2017
Dealers
Equipment roundup: Chevy unveils 2019 Silverado; Case updates N Series backhoes; Cat intros INV2000 inverter generator; Komatsu brings AI to equipment; Mechanic ponders a Tesla future
Chevy unveils 2019 Silverado with a jaw-dropping redesign “No it’s not.” “Holy crud.” Those were just a couple of the exclamations coming from the stands as Chevy introduced its 2019 Silverado by helicopter at the Texas Motor Speedway over the weekend. To read more,  click here. Case updates N Series backhoes with several improvements including […]
December 19, 2017
Contractor of the Year
Here are our 2018 Contractor of the Year finalists
Equipment World has named its 2018 Contractor of the Year finalists, ushering in the 18th 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 […]
December 12, 2017
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