Tag: business: Page 72

Business

Tall building completions decrease worldwide in 2012

Worldwide tall building completions decreased by a total of 16 in 2012, DesignBuild Source reported. The figures come from A Year in Review: Tall Trends of 2012, an annual report from the Council on Tall Buildings and Urban Habitat (CTBUH). According to the report, 66 tall buildings were completed in 2012 — 16 less than […]

January 25, 2013

Business

How construction companies can leverage social media

A new article from Construction Executive provides a great crash course in social media use for those in construction. The article gives an introduction to each of the four major social media channels — Facebook, Twitter, LinkedIn and YouTube — and gives a bit of advice on how to use them. Because the expansion of […]

January 24, 2013

Business

Vermeer names Jason Andringa and Doug Hundt presidents

Vermeer recently announced two new division presidents. Jason Andringa was named President of the Forage and Environmental Solutions division and Doug Hundt was named President of the Underground and Specialty Excavation Solutions unit. Andringa and Hundt will co-chair Vermeer’s executive team and report to CEO Mary Andringa. Meanwhile, Tony Briggs was named Vice President of […]

January 22, 2013

Business

Caterpillar uncovers accounting misconduct at Chinese mining unit, ousts several managers

Caterpillar announced Friday that it had uncovered a “deliberate, multi-year, coordinated” accounting scheme at Zhengzhou Siwei Mechanical & Electrical Manufacturing Co., a subsidiary of ERA Mining Machinery Limited which it purchased for $734 million last June. Cat says it was alerted to irregularities in the Chinese unit’s bookkeeping when a review of Siwei’s physical inventory […]

January 19, 2013

Business

PCA: 2013 is construction’s real turnaround year

Ed Sullivan, the Portland Cement Association’s chief economist, is not one to be overly optimistic. While others were saying that construction in 2011 — then 2012 — would break out, he was saying “not so fast.” So when PCA released it’s “strong growth rates” cement consumption forecast Thursday, it’s reason for good cheer. Sullivan says […]

January 18, 2013

Business

Builder confidence in housing market stalls in January

After eight consecutive months of increase, rising to a six-year high in December, builder confidence for new single-family homes stalled at a level of 47 this month, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite the improving conditions the housing market and an expected bright future for home sales […]

January 17, 2013

Business

Case sells 11 West Coast dealer locations to Sonsray Machinery

Under a new agreement between the two companies, Sonsray Machinery will acquire and operate 11 Case Construction Equipment dealership branch offices in California, Nevada, Oregon and Washington. The offices were previously owned and operated by Case Power and Equipment, a subsidiary CNH Construction Equipment. Sonsray Machinery will provide sales assistance and parts and service support […]

January 16, 2013

Business

Construction materials prices decline 0.1 percent in December

Associated Builders and Contractors has released its Producer Price Index (PPI) report for December, which reveals that national construction materials prices declined 0.1 percent in December and 1.3 percent higher than a year ago. Average annual prices in 2012 were 1.9 percent higher than 2011 prices. Nonresidential construction prices dropped 0.3 percent in December and […]

January 16, 2013

Business

Contractor develops on-site soil remediation solution that cuts job costs by half

Editor’s note: This is an edited article that originally appeared in John Deere’s Worksite Journal. To view the full interview, go to www.JohnDeere.com/enviroclean. It’s a dirty job, but somebody’s gotta do it. When Ken Murphy, founder of Enviro Clean Companies, was working in the oil and gas industry in the 1990s, the cost of cleaning […]

January 16, 2013

Business

AGC forecast promises mixed outlook for 2013 U.S. construction

2013 should be a better year than 2012 for construction firms, but not necessarily a great one, said Ken Simonson, chief economist for the Associated General Contractors of America, in a conference call detailing the results of the association’s forecast on construction hiring and business. There are bright spots in certain sectors, said CEO Stephen […]

January 14, 2013

Construction Equipment

Manfredi predicts rental industry to surpass $32 billion in 2013

In the February issue of RER magazine, industry consultant Frank Manfredi says the U.S. equipment rental industry will surpass $32 billion in 2013, an increase of 16 percent over 2012. Rental will benefit from global economic uncertainty, says Manfredi with Manfredi & Associates, as more contractors choose to rent instead of buy. Manfredi expects rental […]

January 10, 2013

Business

AGC New York wins award for military support

The Associated General Contractors of New York State received an Employer Support of the Guard and Reserve Patriotic Award for its support of the United States military, timesunion.com reported. The award was presented to AGC New York president and CEO Michael Elmendorf for going above and beyond the law in supporting members of the military. […]

January 8, 2013