Tag: business: Page 62

Business

Construction employment flat in August amid weak U.S. jobs report

Employment in the U.S. construction industry was flat in August, remaining at the same mark of 5.798 million Americans employed as July, according to preliminary data from the Bureau of Labor Statistics. August’s mark is 3 percent higher than the 5.630 million Americans employed by the industry at the same time last year. The industry’s […]

September 6, 2013

Business

Construction spending up 0.6% in July to highest mark since June 2009

Construction spending in the U.S. rose 0.6 percent in July despite more decreases in government spending, according to preliminary data from the Commerce Department. Total construction spending rose to $900.8 billion in July thanks to gains in both housing and nonresidential projects. That’s the highest spending total since June 2009 and bests the July 2012 […]

September 3, 2013

Business

Too much of a good thing? Three steps for managing your construction company’s growth

It’s the time of year when Equipment World editors start scouring Contractor of the Year nominations, looking for the best of the best. Some traits are easy to pick out as the signs of a contender: low turnover, good revenue growth, excellent equipment management, a sterling safety record. While others don’t quite jump out at you, […]

September 3, 2013

Business

Caterpillar CIO says priorities include improving supply chain, providing customers with productivity-boosting IT solutions

In an interview with Forbes, Caterpillar Vice President and Chief Information Officer Randy Krotowski detailed his first 100 days at the company and laid out his goals and priorities for the company’s information technology division. Krotowski came to Caterpillar in February of last year after spending nearly 30 years with Chevron. Krotowski says it took some […]

September 3, 2013

Business

CNH, Fiat Industrial appoint Massimiliano Chiara CFO

Fiat Industrial and CNH Global have announced Massimiliano “Max” Chiara as the new Chief Financial Officer of both companies. The appointment of Chiara follows the recent resignation of Pablo Di Di, who left to pursue other interests. Chiara served most recently as the CFO and Head of Business Development for Fiat Automobiles Latin America (FIASA). Prior […]

August 30, 2013

Business

Energy, fuel and the federal regulatory tsunami dominate the conversation at the 2013 Construction Symposium

Contractors and heavy equipment fleet managers got an earful of what challenges await them in the construction industry and what the solutions might be at the Randall Reilly Construction Symposium held Wednesday and Thursday in Dallas, Texas. In a nutshell—the shale oil and gas revolution is going to be great for the construction industry, but […]

August 23, 2013

Business

Caterpillar announces retirement of 3 VPs alongside realignments and new Strategic Services Division

Caterpillar on Tuesday announced the retirement of three longtime vice presidents, two division realignments and a newly-created Strategic Services Division. Mike DeWalt has been appointed as the vice president of the new division which will include strategic planning, Mergers & Acquisitions (M&A), investor relations, economics, business risk management and competitive analysis. It’s part of a renewed […]

August 21, 2013

Business

U.S. exports of construction equipment drop 21% in first half of year

Exports of construction equipment manufactured in the United States dropped 21 percent during the first half of 2013, according to a report from the Association of Equipment Manufacturers. Midway through 2012, the U.S. had shipped $13.7 billion worth of equipment to global markets. At the midway point this year, only $10.8 billion had been shipped. […]

August 21, 2013

Business

Caterpillar details work to reduce waste at Georgia plant

Last week, Caterpillar invited 50 local business leaders to its new small bulldozers and mini hydraulic excavator plant in Athens, Georgia to take in a presentation on how the company is working to reduce waste and its carbon footprint. “Caterpillar has a vision for 2020 to be zero waste to landfill, so we just wanted to present […]

August 19, 2013

Home

Home starts rebound 6 percent in July as permits and builder confidence soar

We’ll say this for the current home construction recovery: it doesn’t stay down for long. Following a 10-percent drop in June, new home starts in July rose 6 percent to a seasonally-adjusted annual rate of 896,000, according to data from the Commerce Department Friday. It’s a good sign, as home starts inch closer to regaining the […]

August 16, 2013

Business

Are you our 2014 Contractor of the Year? Apply now

Each year around this time we start the search for our next Contractor of the Year. These are contractors who have successfully managed their companies through the roller coaster of today’s construction economy and our past winners are certainly some of the industry’s best and brightest. Are you proud of your company’s performance and feel […]

August 16, 2013

Business

John Deere sees record Q3 income of $997 million despite 11% decrease in construction sales

Thanks to higher shipment volumes and an increase in sales within its agriculture and turf division, John Deere reported a jump in income of 26 percent for its third financial quarter. Net income for the company was $996.5 million for the quarter, compared to $788 million for the same period last year. Net sales for […]

August 14, 2013