Tag: business: Page 57

Business

Already break your New Year’s resolutions? 3 tips for getting back on track

In a couple of weeks, people will be lamenting about their broken New Year’s resolutions. Their friends who don’t make resolutions will go into I-told-you-so mode, saying that’s why they never make resolutions, that they’re too hard to keep. So, my question is why are they too hard to keep? I think it’s because of […]

January 13, 2014

Business

JCB is building a $49 million championship golf course, complete with 18th century mansion-turned-clubhouse

JCB plans to build a championship golf course right in its own back yard. The $49 million course will be built mainly for the use of the company’s network of 770 dealers. It is planned as an 18-hole, Par 72 championship course and will be built on 240 acres to the south of the Rocester […]

January 13, 2014

Business

Construction industry loses 16k jobs in December, unemployment rate jumps

Diverging greatly from hopeful reports that came earlier in the week, the U.S. construction industry lost 16,000 jobs in December, snapping a streak of six consecutive months of job gains. A total of 5.833 million Americans are employed in the construction industry, according to preliminary data from the Bureau of Labor Statistics. The report revised […]

January 10, 2014

Business

How Immigration reform could bring an end to construction’s skilled worker shortage

What’s “step one” in ending the skilled worker shortage currently plaguing construction companies across the U.S.? If you ask Stan Marek, it’s immigration reform. Marek, the CEO of Houston-based Marek Construction, recently penned a fantastic blog post discussing the necessity of immigration reform to the construction industry’s future. With more than 30 million men and […]

January 6, 2014

Construction Equipment

JCB appoints Mirdha CEO of North American operations as veteran Patterson retires

JCB has named Arjun Mirdha as the new President and CEO of the company’s North American operations. Mirdha replaces industry veteran John Patterson who has retired after 43 years with the company. Patterson has led the company’s North American unit since 2008 as Chairman and CEO. Patterson will remain as Director of the JCB Group and […]

January 5, 2014

Business

4 New Year’s resolutions every contractor should make to improve their business in 2014

Your crews have been sent home, most of your machinery has made it back to the yard for a yearly maintenance run through, and it’s time to celebrate another full year of being in business. During this less-than-full-throttle time (assuming a client doesn’t call with an emergency), consider these ways you can get on the […]

January 3, 2014

Business

Despite record Q4, Ritchie Bros. equipment sales fall to $3.8 billion in 2013

Despite a record-breaking fourth quarter, Ritchie Bros. Auctioneers saw equipment sales fall 3 percent in 2013 to $3.8 billion. “This was an important year for our business,” said CEO Peter Blake in a prepared statement. “We had a focused strategy to grow our sales force and improve the performance of our underwritten (or ‘at risk’) […]

December 26, 2013

Business

Confidence in equipment finance sector falls in December

According to the latest Equipment Leasing and Finance Foundation (ELFF) Monthly Confidence Index, executives in the equipment finance sector are uncertain at best about the state of the economy and the next quarter of their business. The December 2013 Monthly Confidence Index fell to a 55.8 from the November index of 56.9. According to the […]

December 20, 2013

Dealers

Ruffridge-Johnson now a Bomag distributor, Holt Cat expands mining business, United Rentals expands operations and more in this week’s Dealer News Roundup

Welcome to the Dealer News Roundup, your one-stop shop for all the moves going on inside the heavy equipment distributor industry. We post a new edition each week with news on hires, promotions, new locations and expansions. Check back for a new edition every Friday! Ruffridge-Johnson now Bomag road building distributor Ruffridge-Johnson Equipment Company is […]

December 19, 2013

Business

Housing starts soar 22.7% in November to nearly 6-year high

Greatly defying expectations, U.S. housing starts soared in November to heights rarely seen since the housing collapse in 2006. Housing starts jumped 22.7 percent in November to a seasonally adjusted annual rate of 1.091 million, according to data from the Commerce Department. That’s the highest monthly gain since January 1990 and only the second time […]

December 18, 2013

Business

Smooth operator: How to seamlessly transition your construction company from one generation to the next

For the December issue of Equipment World, architect and construction attorney James K. Zahn, FAIA, FALA, Esq., of Chicago-based Sabo & Zahn, provided us with advice on steps a contractor must take when planning to sell or gift a construction business to the next generation. Equally important, however, is ensuring the transition goes off without […]

December 17, 2013

Construction Equipment

Caterpillar VP Hans Haefeli to retire, PRS VP Savage tapped as replacement

Hans Haefeli, Caterpillar’s vice president of Advanced Components & Systems Division (ACSD) has decided that he will retire April 30, 2014. Jean Savage has been tapped to replace Faefeli. Savage is currently senior vice president and Chief Operating Officer of the Locomotive and Railcar Services business unit for  Progress Rail Services (PRS), a Caterpillar subsidiary. Savage will […]

December 12, 2013