Tag: business: Page 69

Construction Equipment

Behind the scenes: Ritchie Bros. auctions $176 million in equipment in Orlando

When the last gavel fell at Ritchie Bros.’ annual big auction last week the company had sold more than 9,400 items, mostly construction equipment and trucks, totalling $176 million. This year the company invited us to observe how the big auction works. If nothing else, the sheer spectacle, size and scale of the event, and […]

February 27, 2013

Business

New home sales surge 16% to nearly 3-year high

New home sales made a huge leap in January, rising nearly 16 percent from December 2012, according to data from from HUD and the United States Census Bureau. New single-family homes were sold at a seasonally adjusted annual rate of 437,000 in January, besting the consensus estimates of 381,000. It is the highest monthly total […]

February 26, 2013

Business

Ritchie Bros. sees increased auction earnings, big boosts online in 2012

Ritchie Bros. Auctioneers announced today that it brought in net earnings of $82.6 million in 2012, a 12 percent increase from adjusted earnings in 2011. The company notes that without its purchase of AssetNation, which it used to build its new EquipmentOne equipment sales website, net earnings would have been an improvement of 17 percent. […]

February 26, 2013

Business

Caterpillar dealer sales fall 4% in fiscal Q1

Caterpillar recently reported that it saw worldwide dealer sales fall 4 percent in the three months ending January 31. According to a Securites and Exchange Report reviewed by the Chicago Tribune, the company saw sales decline 11 percent in North America and 12 percent in the Asia/Pacific Region. Sales in Latin America were up 3 […]

February 25, 2013

Business

Israeli construction workers accused of kidnapping contractor for backpay

Pretty scary story out of Israel where three construction workers were arrested for allegedly kidnapping a contractor and demanding he pay them $10,000 in backpay, according to Durability and Design. The suspects, ages 34, 41 and 62 made an appointement with the 24-year-old contractor and demanded the backpay for work done months ago before dragging […]

February 22, 2013

Business

Liebherr promotes Ana Cabiedes-Uranga to marketing and communications manager

Liebherr Construction Equipment has promoted Ana Cabiedes-Uranga to marketing and communications manager. Cabiedes-Uranga will be responsible for planning, implementing and communicating the company’s marketing efforts. In her previous position as trade show & event manager, Cabiedes-Uranga was responsible for the planning and managing all Liebherr Construction Equipment events. She worked with senior management to develop […]

February 21, 2013

Safety

Safety walkarounds Part 3: Keeping it going

In Part 1 & Part 2 of this series we covered the definition and importance of management walkarounds as well some advice on how to conduct them effectively. In this last article of the series we’ll look at some additional implementation tips and challenges and conclude with a summary of the overall process. Do’s and Don’ts There are […]

February 21, 2013

Business

Ritchie Bros. president sees turnaround for construction; unsure on value of Tier 4

The Ritchie Bros. equipment auction is in full swing here in Kissimmee, Florida, and given the robust nature of the sales company, President Rob Mackay sees things getting better for the future of the construction economy. The company saw its sales increase worldwide to $3.9 billion last year and Mackay says recent auctions in Houston, […]

February 21, 2013

Business

Obama gives more details on proposed infrastructure investments

The New York Times has obtained a summary of President Barack Obama’s plan to repair the failing infrastructure in the United States. Obama discussed the need for infrastructure investment during his State of the Union address February 13th. The goal of the President’s plan, the Times report,s is to create jobs “that cannot be outsourced,” […]

February 21, 2013

Business

Reed Construction Data complies interactive map of U.S. construction market forecasts

Reed Construction Data offers a monthly look into the future with its Expansion Index. Each month the group updates an interactive map on its website that offers a 12 to 18 month “look ahead” at the construction marketplace. Using color-coded points plotted on the map, it indicates whether a location’s construction volume is expected to expand or […]

February 21, 2013

Business

Construction materials prices rise 0.7% in January

National construction materials prices increased 0.7 percent percent in January, according to the latest Associated Builders and Contractors Producer Price Index (PPI) report. In the year between January 2012 and January 2013, materials rose 1.3 percent. ABC Chief Economist Anirban Basu said he expects construction materials prices to remain volatile for the remainder of 2013. The report […]

February 20, 2013

Business

Terex income and sales up in 2012 despite Q4 declines

Terex announced today income of $103.6 million on sales of $7.3 billion in 2012. Both marks are increases over 2011. Income was up 60 percent over the $38.6 million made in 2011, while sales were up 12 percent over 2011’s $6.5 billion. Fourth quarter 2012 net sales were down 13.3 percent from same period in […]

February 20, 2013