Tag: business: Page 75

Business

Construction of Apple’s spaceship-like campus delayed

Though the iconic technology company originally planned to move in by 2015, it’s likely that construction of Apple’s new futuristic and (very) green campus won’t even be completed until 2016, Bloomberg reports. Apple says it has taken just as much care into designing the campus, appropriately named “Apple Campus 2,” as it does in designing […]

November 30, 2012

Business

Delaware contractor won’t have to pay Black Friday work fine

While millions across the country got up early to shop last Friday to take advantage of a few good deals, six construction crews in Bethany Beach, Delaware went to work — and got just the opposite, USA Today reports. Contractor Bruce Mears, whose crew is building a home in the town, told USA Today that […]

November 30, 2012

Business

SITECH Technology establishes dealers in Northwest

SITECH Technology has established dealerships in Washington and Montana and in several adjacent counties in North Dakota and Wyoming, collectively known as SITECH Northwest. The dealerships carry Trimble and Caterpillar machine control systems for heavy equipment of most brands. For more information about SITECH or to locate these dealers, visit sitech-locator.com.

November 30, 2012

Business

FMI: Construction-put-in-place, employment on the rise

FMI has released its Third Quarter 2012 Engineering and Technical Professional Services Industry Update, anticipating construction put in place to increase between 5 percent, to $826 billion, and 7 percent, to $882.4 billion, in 2013. This growth is expected to include solid recovery in housing, strong growth in power construction and slow growth in commercial […]

November 29, 2012

Business

Fiat Industrial, CNH reach merger agreement

Fiat Industrial and CNH Global have reached a merger deal that will allow Fiat to absorb the remaining 12 percent of the equipment maker that it doesn’t currently own. Under the terms of the transaction, Fiat and CNH will merge into a new company known as NewCo based in the Netherlands and listed on the […]

November 28, 2012

Business

4 key post-election issues arise for construction industry

The elections have ended, and Congress is still divided while the United States races toward the fiscal cliff.  In light of this issue, SmartBlog spoke with members of the Associated General Contractors of America on four areas the construction industry should continue to watch over the next year: fiscal cliff and taxes, infrastructure investment, labor […]

November 26, 2012

Business

Felling hires Kyle Wald as lead professional engineer

Felling Trailers has hired Kyle Wald as the company’s lead product engineer. Wald’s responsibilities include new trailer designs and enhancements, as well as assisting in improving engineering standards and processes. Wald has more than 10 years of experience in engineering, four of which are trailer-specific. Prior to joining Felling, Wald worked with Millerbernd Manufacturing as […]

November 15, 2012

Business

Home Depot third quarter exceeds expectations thanks to housing recovery

The Home Depot has seen its stock price increase 52 percent so far this year and it’s finally comfortable with saying those gains are thanks to what the Wall Street Journal calls a “housing revival.”

November 14, 2012

Business

ABC reports 3.5-percent increase in construction backlog for third quarter

In the third quarter, the CBI indicated an 8-month, or 3.5-percent, increase from the second quarter. CBI reflects the amount of construction work under contract but not yet completed.

November 14, 2012

Business

U.S. Construction adds 17,000 jobs in October

With 17,000 new hires, construction jobs accounted for nearly 10 percent of all American added workers in the month of October. The total is the most since January for the industry, according to Businessweek.

November 2, 2012

Business

$2.2 trillion burden for rebuilding infrastructure may fall to states

State and local governments will likely foot the bill for rebuilding projects due to a lack of a long-term funding plan to repair the United States transportation system, according to Standard & Poor’s Rating Services. The money for these repairs will come from taxpayers.

November 1, 2012

Business

Vermeer Midwest relocates Illinois facility

Vermeer Midwest recently opened a new facility in Goodfield, Illinois. It will replace the branch’s original facility, located in Eureka, Illinois, which has been open for more than 35 years.

November 1, 2012