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Business: Page 98
Business
Cemex gets 10-year lease for vital Port of Redwood City terminal
The Redwood City Port Commission approved a new 10-year-lease for cement, concrete and aggregate maker Cemex‘s 8.2-acre marine terminal in California, with an option to extend the lease for another 10 years, The Daily Journal reports. Cemex has used the terminal to import nearly 4 million metric tons of sand and aggregates from Canada over the […]
July 28, 2017
Dealers
CNH Industrial Q2 revenues up 3%, profit up 23%
CNH Industrial, parent company of Case Construction Equipment, reported a revenue increase of 2.9 percent to $6.9 billion for second quarter 2017, compared to 2016, and says adjusted net income rose 23 percent to $266 million. The company says operating profit from Industrial Activities reached $481 million for the quarter, $28 million more than the […]
July 27, 2017
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February 1, 2026
Business
Lafarge helps with Habitat for Humanity Canada’s biggest build ever
Lafarge Canada Inc. sponsored Habitat for Humanity Canada’s biggest build project ever, the 34th Jimmy and Rosalynn Carter Work Project, which was organized as part of a celebration of Canada’s 150th anniversary of Confederation. The project included the construction of a total of 150 homes across Canada. In addition to being a Gold sponsor by providing […]
July 25, 2017
Business
Summit Materials turns to TMW Systems for mobile asset maintenance app
When Summit Materials faced a unique asset maintenance challenge, it implemented TMW Systems’ comprehensive TMT Fleet Maintenance management solution to centralize and streamline in-house maintenance and repair operations. The company has also been using the TMT mobility app, Mobile Mechanic Workstation, at 35 of its locations to enable real-time management of remote service activity. “We […]
July 24, 2017
Business
Home starts up, builder confidence down with mounting concerns over lumber costs
The start of construction on new homes in the U.S. rose 8.3 percent during the month of June on solid gains from both the single-family and multi-family markets. And though demand for new homes is still strong, builders say the rising cost of materials has them concerned. Home starts rose to a seasonally-adjusted annual rate […]
July 21, 2017
Business
ACI enters agreement with GCC leaders to help develop Gulf Building Code
Due to the rapid construction growth in the Gulf region, the American Concrete Institute (ACI) recently entered into an agreement with leaders of the Gulf Cooperation Council (GCC) Standardization Organization to help them move towards a better understanding and use of concrete and cementitious materials in civil infrastructure. The agreement was signed in Doha, Qatar, […]
July 17, 2017
Business
Sustaining fourth-generation construction business required many late nights at Livengood Excavators
About five years ago, Leo Livengood got a phone call from a former client. The call was from the second generation of a family he and his father had worked with, and they had a question: Would Livengood Excavators do the site work on a new drive-in theater the family was building, which was going […]
July 14, 2017
Business
Construction is driven by people, not machines
Certain themes repeat themselves when we talk to contractors: The 20-hour days to get a construction company started … and to keep it going. The great financial risks for miniscule margins. The inherent joy of building something. But the most prevalent comment we hear from contractors concerns their people. “We couldn’t do this without the […]
July 13, 2017
Business
Engine Repowers: The complicated business of putting a new diesel in an old machine
It used to be easy to replace an engine in an older piece of diesel-powered equipment in the era before emissions controls. In many cases today, that process doesn’t start with an engine hoist, but instead requires permission from air quality regulators before you touch a wrench. That’s because with each new iteration of diesel […]
July 11, 2017
Business
2017 Construction Intern of the Year scholarship applications open Aug. 1
Construction estimating software developer HCSS has announced that it will begin taking applications for its 2017 Construction Intern of the Year scholarship program on August 1. Now in its third year, the Intern of the Year program will award $10,000 to one grand prize winner. Four finalists will each receive a $4,000 scholarship and 12 honorable […]
July 6, 2017
Business
Construction spending flat in May with dip in residential
Homebuilding declines were nearly matched by gains in nonresidential construction in May as total construction spending in the U.S. was flat for the month, according to preliminary estimates from the Commerce Department. Despite the flat month, construction spending’s total of $1.23 trillion was up 4.5 percent from the year-ago, May 2016 figure. Private residential spending […]
July 3, 2017
Business
WOTUS repeal proposed by Trump administration
The Trump administration took an official step toward repealing the controversial Waters of the United States (WOTUS) regulation on Tuesday, The Hill reports. The new proposal requires the Environmental Protection Agency (EPA) and the Army Corps of Engineers to go back to using a 2008 guidance document to decide if a waterway is subject to federal oversight. The […]
June 30, 2017
Business
Cummins unveils ZED Connect with launch of ELD smartphone app
Engine maker Cummins announced it has launched a new software company, ZED Connect, whose first offering is a smartphone-based electronic logging device that’s compliant with the USDOT’s looming ELD mandate. The ZED smartphone ELD app is aimed at the small fleet and owner-operator segments. Dubbed a “plug and play” device, the ELD includes visual inspection […]
June 27, 2017
Business
Safety, Profits and Productivity — The Many Benefits of ELDs for construction fleets
Tracking hours of service compliance is just a fraction of what most ELD systems can do. Some of the simplest, most inexpensive systems – often a smartphone app paired with an engine control module (ECM) connection device – come with web-based, back-office unit tracking software and dispatch tools. Others have more robust back-end programs. Contractors […]
June 26, 2017
Dealers
Ritchie Bros. sells $46 million in equipment and trucks at Houston auction
Ritchie Bros.’ third Houston auction of the year brought in more than $46 million in sales with more than 4,700 equipment items and trucks sold over the two-day event. The company reports there were more than 4,250 bidders from 57 countries at the event, with more than 2,850 registering to bid online. Roughly 58 percent […]
June 26, 2017
Business
Ten-year, $1 million construction theft ring busted in Memphis
Shelby County, Tennessee, Sheriff’s deputies recently busted a longstanding theft ring responsible for the loss of more than $1 million in equipment and materials from residential jobsites in and around Memphis over a 10-year period. Deputies said the Sheriff’s office had been aware of the theft ring for some time, telling WMAC TV 5 that […]
June 23, 2017
Business
Hard-working heritage establishes ground work for Sun Construction , our 2017 Safety Award winner
As you pull off Gov. Williams Highway in Darlington, South Carolina, and onto the property of Sun Construction, the first thing you notice is how much land the company sits on. And if you keep your eyes to the right as you make your way down the long driveway, you get a clue as to […]
June 23, 2017
Business
Cat invests in Alight to combine machine data with mining forecasts
Caterpillar’s Venture Capital arm has invested in Alight, a tech company that develops financial forecasting software, in the hopes of combining telematics data pulled from connected machines with business software. Alight, based in San Francisco, says it recently closed a Series A funding round of $11 million that included the Cat investment. The tech startup […]
June 21, 2017
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