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Business: Page 97
Business
Western Rock Products celebrates 50 years
Western Rock Products in St. George, Utah, will mark 50 years in business in 2017. It plans to celebrate by holding two separate events for its employees and customers, and participating in a local parade. The company started in 1967 as a supplier of asphalt, paving, and construction services in Cedar City. Today, it provides […]
October 3, 2017
Business
Subcontractors of all experience levels needed for work in Irma, Harvey disaster areas
Hurricanes Harvey and Irma have left a wake of demolished homes and strewn debris, and also high demand for subcontractors who can load, haul and dump large amounts of material. Pay rates for subcontractors are also starting to rise, sometimes leading to bidding wars between local governments as communities become more desperate for relief. That […]
September 26, 2017
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February 1, 2026
Business
Indexes indicate future growth in construction despite drop in August
The next 12 months should bring construction growth following a disappointing August, according to three recently released indexes. Destruction from Hurricanes Irma and Harvey, however, are causing additional uncertainty for the industry. One of those concerns is how the storms will affect the construction industry’s worker shortage. “Finding skilled workers will be essential to ensure the […]
September 25, 2017
Business
Home starts dip, as builder confidence is shaken by recent storms
The start of construction on new homes in the U.S. fell 0.8 percent during the month of August due to a decrease in multi-family starts. Meanwhile, single-family starts are approaching a 20 percent year-over-year improvement. Despite the strength in single-family, the NAHB reports that builder confidence has fallen due to uncertainty caused by Hurricanes Harvey […]
September 20, 2017
Contractor of the Year
Whaley & Sons’ comeback required rebuilding this family construction co. from the ground up
Matt Whaley had a passion to run equipment from an early age, but had to constantly nag his father to let him to do it. His father, Ken Whaley, wanted his son to one day run the company he started in 1972 – not a bulldozer. Matt’s rise in the company was incremental. He started […]
September 18, 2017
Roadbuilding
Systra buys IBT in effort to reach top-10 of bridge engineering firms
Global mass transit engineering and design firm Systra has acquired San Diego-based International Bridge Technologies in its quest to become a top-10 international bridge specialists, the company says. Before the acquisition, Systra was ranked 14th in the world in bridge engineering. Buying IBT will give Systra bridge design centers in the United States, Canada and […]
September 8, 2017
Business
Construction spending falls 0.6% in July
A decline in nonresidential brought down total U.S. construction spending in July. Total spending dipped 0.6 percent from June to $1.2 trillion but remains up 1.8 percent over the July 2016 total. Total nonresidential spending dropped 1.7 percent in July to $688 billion but is down 4.3 percent from the year-ago total. Top percentage declines […]
September 6, 2017
Business
PCA announces Leadership Award winners
The Portland Cement Association (PCA) announced the 2017 John P. Gleason, Jr., Leadership Awards winners. The awards, which are named for Gleason who served as PCA President from 1986 until his retirement in 2007, honor individuals who exhibit leadership in association activities supporting member company objectives and operations. “Jay embodied the spirit of leadership. He […]
September 6, 2017
Business
Construction adds 28,000 jobs in August
The construction industry added its third largest monthly jobs total of the year in August with a gain of 28,000 jobs. The new jobs bring total U.S. construction employment to 6.918 million Americans, according to preliminary data from the Labor Department. The August jobs report also brought a revision to the July jobs total. July employment […]
September 1, 2017
Business
Mont. construction employee charged with embezzling $218k in rental scheme
A former division head of a Montana construction office has been charged with embezzling $218,000 from the company, according to the Bozeman Daily Chronicle. A sheriff’s investigation alleges that Kirk Hogan, who was the civil division head for Dick Anderson Construction’s Bozeman office, was renting construction equipment he owned to Anderson and pocketing rent on […]
August 31, 2017
Business
Pushing your truck fleet’s oil drain intervals? Be sure you have the right filter
With new generations of engines and improved oil formulation, fleets and OEMs have added tens of thousands of miles to engine oil drain intervals that have now crept upwards of 75,000 in some long-haul segments. A fleet’s application isn’t the only factor in how long a drain interval can be pushed. The filter has to be […]
August 24, 2017
Contractor of the Year
Nominations for 2018 Contractor of the Year awards now open
The 2018 Equipment World Contractor of the Year contest, which honors 12 finalists, is now open for nominations. Designed to honor contractors who have excelled in their markets, the contest is open to construction firm owners who have been in business 10 years or more, have between $3 million and $15 million in annual revenues, […]
August 17, 2017
Business
Revenue increases 23% but U.S. Concrete still reports Q2 loss
U.S. Concrete, Inc. reported a net loss of $2.3 million for the second quarter 2017, which is an improvement over the $3.5 million net loss in the second quarter of 2016. Results include recognition of a $15.8 million non-cash derivative related loss resulting from fair value changes in the company’s outstanding warrants and $2.4 million in acquisition-related costs. Loss […]
August 16, 2017
Roadbuilding
Fluor, Lane contracted for privately-funded Texas bullet train, one of the largest civil projects in U.S. history
Texas Central, an investor-owned railroad company, has selected Fluor and The Lane Construction Corporation for the construction planning, cost estimates and other engineering activities of a bullet train linking Houston to the Dallas-Fort Worth metro area. When complete, the train will make the 240-mile trip in 90 minutes with a midway stop in the Brazos […]
August 15, 2017
Business
Construction adds 6,000 jobs in July
The U.S. construction industry added jobs for a third straight month in July, according to preliminary data from the Labor Department. Construction added 6,000 jobs, bringing the industry’s total employment to 6.899 million Americans. The July report also brought revisions to June’s employment figure. June employment was revised downward from the previously reported 6.896 million […]
August 7, 2017
Business
EPA seeks comments on proposed WOTUS rule withdrawal
The U.S. Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers proposed a rule to withdraw the 2015 Waters of the United States (WOTUS) rule that defines what streams, wetlands and other wet areas are controlled by the federal government and subject to the permitting requirements of the Clean Water Act. This is the first […]
August 7, 2017
Business
Nonresidential sends construction spending down 1.3% in June
Decreases in spending on apartment homes and nonresidential projects were the difference in June’s construction spending report, as total U.S. spending fell 1.3 percent to a seasonally adjusted annual rate of $1.205 trillion. Despite the monthly drop, the annual rate remains 1.6 percent above the June 2016 rate. Total residential spending fell 0.3 percent in […]
August 3, 2017
Business
Smith Concrete, The Shelly Company host childhood cancer fundraising event
Smith Concrete, a part of The Shelly Company, played host to community members and individuals from other areas of Ohio, as well as individuals from out of state, who came together to participate in the fundraising event known as the “Rolling for BrAva” Dice Run on June 11. BrAva is a local non-profit organization with a […]
August 1, 2017
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