Tag: construction: Page 117

Construction Equipment

Kobelco USA promotes Lumpkins, Folden to key management roles

Kobelco Construction Machinery USA has promoted George Lumpkins to general manager for product marketing and developing and Ken Folden to national service manager for the excavator division. Lumpkins brings more than 45 years of industry experience to his new position, most recently as general manager with the Texas-based company. His expertise is in construction equipment […]

November 16, 2017

Construction Equipment

Danfoss acquires Visedo, global maker of electric drivetrains

Danfoss has bought Visedo Oy, a Finnish manufacturer of hybrid and electric drivetrains for marine and commercial vehicles. The Danfoss group, headquartered in Finland, says the move will help the international company respond to the growing customer demand for electric solutions to reduce emissions and pollution and increase productivity. Visedo will be integrated into the […]

November 8, 2017

Driver/operator coaching/training

New fee funds construction worker training in Ala.

The Alabama Construction Industry Craft Training Board has awarded $1.8 million in grants to train workers for construction jobs. The money comes from a new fee of $1 per $1,000 in project value on nonresidential building permits in the state. Collection of the fee began in October 2016, and the first disbursement was in September. […]

November 8, 2017

Dealers

ASV new machine sales soar 89% in 3Q as dealer network continues to grow

ASV Third Quarter 2017 Highlights $30.6 million in net sales represented a year-over-year increase of 33 percent over $23 million in the third quarter of 2016. Machine sales revenues increased 60.1 percent to $19.8 million, led by an 88.7 percent increase in new machine sales through ASV’s growing distribution network. Net income increased $0.1 million […]

November 7, 2017

Workforce

Construction adds 11,000 jobs in October

The U.S. construction industry added jobs for a third consecutive month in October. The industry added 11,000 workers to bring total employment to 6.930 million Americans, according to preliminary data from the Labor Department. October’s total employment figure represents a 3-percent improvement in the number of positions filled over the October 2016 figure. The October […]

November 7, 2017

Business

It’s getting optimistic out there: Reader poll finds jump in planned equipment purchases, rentals

In these days of delayed infrastructure spending, Congressional one-upmanship and multiple Category 5 hurricanes, it was great to get some good news. The good news came from our latest Reader Profile survey, where more than 220 respondents from our print and newsletter audiences showed unprecedented renting and buying intentions. In the next 12 months, 44 […]

November 6, 2017

Construction Equipment

Terex posts 70% jump in 3Q profit

Terex Corporation reports that income from continuing operations soared 70 percent in the third quarter of 2017 to $56.6 million – up from $33.3 million for the same period a year ago. Terex posted earnings of 63 cents per share in the quarter, compared to 31 cents reported a year ago.   “Our third quarter […]

November 3, 2017

Business

Construction starts predicted to rise 3% in 2018

Total U.S. construction starts will grow 3 percent next year as the industry moves into “a mature stage of expansion,” according to the 2018 Dodge Construction Outlook. The pullback will continue in areas of multifamily and hotel construction starts. The increase will be led by continued growth in single-family houses, warehouses and office buildings. A […]

November 3, 2017

Dealers

Dealers preview Kubota’s new compact excavators, RTV, tractors

Dealers got a hands-on preview of Kubota’s two new compact excavators, available in early 2018, as well as the company’s fastest gas-powered RTV yet and seven new tractors in the M Series lineup. About 1,100 dealers attending Kubota’s annual meeting October 21-25 in Phoenix, Arizona, saw the KX033-4 with extendable dipper arm along with the […]

November 1, 2017

Business

Construction spending dips 0.3% in September

U.S. construction spending increased 0.3 percent in September to $1.219 trillion and is up 2 percent over the September 2016 total. Total nonresidential spending rose 0.5 percent to $698 billion but remains down 3 percent from the year-ago total. Top percentage increases were conservation and development, up 12.3 percent to $7.4 billion; educational, up 5.4 […]

November 1, 2017

Dealers

Proxibid selected as online bidding provider for RES Auction Services

Ohio-based RES Auction Services, poised to open a sprawling new equipment yard, has selected Proxibid as the exclusive provider of online bidding for its auctions. The first RES equipment auction in the new yard will be at 9 a.m. November 18. Bidders can participate in person at the auction facility in Wooster, Ohio, as well […]

October 30, 2017

Home

TRB publishes transportation worker safety videos

The Transportation Research Board (TRB) published a series of videos approximately one hour long that highlight a transportation worker safety analysis done by the National Cooperative Highway Research Program, according to Safety & Health. We’ve embedded each of the three videos below, but you can also check out the whole series at this link. Faculty members from the […]

October 30, 2017