Business: Page 91

Construction Industry Round Table announces new officers

During its annual spring meeting in Washington D.C., the Construction Industry Round Table (CIRT) elected Wayne A. Drinkward as Chairman of the organization for a term of one year. Drinkward is Chairman & CEO of Hoffman Corp., where he works in a wide range of markets, and will replace H. Ralph Hawkins, FAIA, Chairman Emeritus of HKS, […]

June 6, 2017

Equipment World publisher Randall-Reilly acquired by equity firm Aurora Capital

Aurora Capital Partners, a leading middle-market private equity firm, has acquired Randall-Reilly, publisher of Equipment World, the two companies announced Monday. Randall-Reilly is a leading provider of B2B data and data-driven marketing services, media and events for the trucking, construction, agriculture and additional industrial markets. Aurora acquired Randall-Reilly from Investcorp, a global manager of alternative […]

June 6, 2017

Sponsor Content

Market outlook Q & A with C-Suite execs at Bobcat, Volvo, Hitachi & Case

Equipment World

Market outlook Q & A with C-Suite execs at Bobcat, Volvo, Hitachi & Case

May 9, 2025

Market outlook Q & A with C-Suite execs at Bobcat, Volvo, Hitachi & Case

Construction spending falls 1.4% in April

An increase in single-family home construction spending was not enough to offset a decline in nonresidential spending as total U.S. construction spending fell 1.4 percent in April to $1.2 trillion. Despite the monthly decline, total spending remains 6.7 percent above the April 2016 figure, according to preliminary data from the Commerce Department. Private residential spending, […]

June 1, 2017

Home construction site prep

Business Roundup: Ritchie Bros. cleared for IronPlanet purchase; OSHA injury reporting rule suspended; Finning Q1 earnings; Takeuchi adds Kirby-Smith; Digga partners with Berlon

DOL suspends OSHA rule requiring companies electronically report injuries and illnesses The Department of Labor has suspended an Occupational Safety and Health Administration (OSHA) rule requiring companies to electronically report injury and illness records, which keeps the records from being publicly disclosed, The Washington Post reports. The rule, which took effect Jan. 1, requires employers to send in their summary data […]

May 30, 2017

Cat excavators Ritchie Bros. Orlando auction 2017

Business Roundup: Strongco Q1 revenues down; Parrot thermal imaging drone; Kubota Engine opens tech training center; Rental revenue targets $49.4B for 2017; U.S. home starts fall

Strongco Q1 revenues drop 8.8%, earnings sink 18.9% Equipment dealer Strongco Corporation’s first quarter 2017 revenues fell to $83.2 million according to its most recent financial report, representing an 8.8 percent decrease compared to the same period the year before. Earnings before interest, tax, depreciation and amortization (EBITDA) dropped to $4.3 million, a decrease of […]

May 23, 2017

wheel loader stock dumping

U.S. home starts fall 2.6% in April

A dip in the start of construction on multifamily homes wiped out a small gain in single-family homes in April, bringing total U.S. home starts down 2.6 percent. Total starts fell to a seasonally adjusted annual rate of 1.172 million but remain up 0.7 percent from the April 2016 figure, according to preliminary data from the […]

May 16, 2017

Contractor of the Year

Building a life and legacy are 2017 Contractor of the Year Roy Chipley’s biggest projects

Things were getting better for Roy Chipley. After a successful but demanding career with Lockheed Martin began hurting his marriage, Chipley realized that changes must be made. His wife, Sian, led him back to church where he had given his life over to Jesus Christ. The couple renewed their wedding vows and were getting ready […]

May 15, 2017

Chipley COY photos 2

Large fleet, ear for employees keep NY’s Boyce Excavating going strong for 80 years

Garry Boyce is a construction lifer. He got his start as a laborer at his father’s company, while also greasing equipment. Eventually he got to run some of that equipment, creating a passion he remembers loving to come home to every day as a child. “I couldn’t wait to get off the bus at 13 […]

May 8, 2017

Construction spending falls 0.2% in March

Gains in residential construction spending during March were offset by an identical loss in nonresidential as total construction spending in the U.S. fell 0.2 percent. Total spending fell to $1.2 trillion, but remains 3.6 percent above the March 2016 figure, according to preliminary data from the Commerce Department. Private residential spending rose 1.2 percent during […]

May 3, 2017

apartment construction

Hitachi eyes North American distribution network with Sullair purchase

Hitachi is purchasing Sullair from Accudyne to pick up the company’s portable air compressor business and as a means of tapping into the brand’s sales network with a primary focus on the North American market. The announced purchase price is $1.245 billion. “We are thrilled by the prospect of partnering with Hitachi to grow Sullair […]

May 2, 2017

Sullair PIC_375_Quarry_flat_20130201

Business Roundup: Cat to move global HQ to Deerfield; Topcon adds Griner and Schmitz to dealer network; Cat sales up; Hino Trucks adds dealers to Certified Ultimate Network

Caterpillar will move global HQ to Deerfield, lll., beginning this year Nearly three months after announcing plans that the company would be moving its global headquarters from Peoria to Chicago, Caterpillar has actually settled on a location a bit further north. By mid-2018, the world’s no. 1 heavy equipment manufacturer plans to call the Chicago […]

May 2, 2017

Caterpillar D8T dozer new options 1

Acosta confirmed as next Secretary of Labor

The U.S. Senate has confirmed Alexander Acosta to be the next Secretary of Labor, making him the only Latino in Trump’s Cabinet, The Hill reports. Democratic senators Catherine Cortez-Masto (Nev.), Heidi Heitkamp (N.D.), Angus King (Maine), Joe Manchin (W.Va.), Claire McCaskill (Mo.), Bob Menendez (N.J.), Bill Nelson (Fla.), Jon Tester (Mont.), and Mark Warner (Va.) joined with the Republican Senators […]

May 2, 2017

Alexander Acosta

Volvo CE Q1 profit soars as net sales grow 30%

Volvo Construction Equipment reports first quarter 2017 net sales increased 30 percent compared to the same period last year, to 16.16 billion Swedish Krona (SEK) ($1.83 billion). First quarter 2016 net sales were 12.45 billion SEK ($1.41 billion). The company reports operating income increased nearly quadrupled to 1.62 billion SEK ($188.7 million) from 341 million […]

April 28, 2017

Volvo Ce Loader

United Rentals Q1 net income up 18.5%, total revenue grows 3.5%

United Rentals’ first quarter 2017 total revenue grew by 3.5 percent, to $1.36 billion, compared to the same quarter last year, with $1.17 billion coming from rental revenue. The company also saw net income grow by 18.5 percent to $109 million, or $1.27 per diluted share, over the same period. The adjusted earnings before interest, tax, […]

April 27, 2017

Project Office Buildings United Rentals R Park

Brock’s Grading and Land Clearing built success based on sound financials, safety

In 1998, Mike Brock was just three years out of high school when he began his construction career. He bought a small piece of land from a family friend for what he calls “a real bargain.” Then, following his grandfather’s advice, Mike began to sell sand off of the property. He soon sold his car, […]

April 26, 2017

Hyundai spins off Construction Equipment division as new company

Hyundai Heavy Industries announced Wednesday that it has spun off its Construction Equipment division as a new company, Hyundai Construction Equipment Co., Ltd. The spin off took effect April 1st and is based on a restructuring plan that Hyundai reports began last year. The company says the move “offers great possibilities and improved agility.” Parent company Hyundai […]

April 19, 2017

Hyundai Hx260 Loading Truck

U.S. home starts fall 6.2% in March

Construction on new homes in the U.S. fell in March with declines ing both single- and multi-family starts. Total home starts fell 6.8 percent to a seasonally-adjusted annual rate of 1.215 million, according to preliminary data from the Commerce Department. Total starts remain 9.2 percent above the March 2016 figure. Single-family starts fell 6.2 percent to […]

April 19, 2017

Finley Asphalt purchases Mid-Atlantic Paving & Sealing

Finley Asphalt & Concrete, based in Virginia, has purchased Mid-Atlantic Paving & Sealing, a move that extends Finley’s service area from Baltimore, Maryland, to Richmond, Virginia. This is Finley’s first acquisition in its 52-year history. It was founded in Fairfax, Virginia, in 1965 by Lonnie Finley. Eric and Lewis Finley took over in 1990 and […]

April 19, 2017

Finley Asphalt and Concrete purchase

Page 91 of 288

Kubota Mini Excavator Thumb

Kubota’s Next-Gen Excavators: Why are They So Popular?

On this episode of The Dirt, we take a deep dive into Kubota’s dash-5 mini excavator lineup.

Tl11 R3 Dirt

Takeuchi’s First EH-Controlled Compact Track Loader – the TL11R3

Takeuchi is credited with the first compact track loader in 1986 after its founder saw a wheeled skid steer stuck in mud. However, ASV is credited with the first CTL to hit the market, with its MD-70 Posi-Track, in 1990. Takeuchi launched its first commercial CTL in 1991 as the TL26, shown above.

CTLs Dominate 40 Years After Tracks Added to a Skid Steer – Buyer’s Guide 2025

Toro Edingo Thumb

A Closer Look: Toro Debuts its First Tracked, Electric Dingo & Ultra Buggies

Stop Wasting Time on Grade Checks

Stop Wasting Time on Grade Checks

Why excavator 3D machine control is right for you.

When it comes to your OTR (off-the-road) tires, nothing is more important than having proper tire inflation. This directly impacts the performance and longevity of your tires, which is linked to the overall productivity of your operation.