Tag: construction: Page 119

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Construction spending up 0.4% in August

U.S. construction spending increased 0.5 percent from July to $1.218 trillion and is up 2.5 percent over the August 2016 total. Total nonresidential spending rose 0.5 percent in August to $692 billion but remains down 3.4 percent from the year-ago total. Top percentage increases were public safety, up 5.7 percent to $8.3 billion; educational, up […]

October 3, 2017

Business

Subcontractors of all experience levels needed for work in Irma, Harvey disaster areas

Hurricanes Harvey and Irma have left a wake of demolished homes and strewn debris, and also high demand for subcontractors who can load, haul and dump large amounts of material. Pay rates for subcontractors are also starting to rise, sometimes leading to bidding wars between local governments as communities become more desperate for relief. That […]

September 26, 2017

Business

Indexes indicate future growth in construction despite drop in August

The next 12 months should bring construction growth following a disappointing August, according to three recently released indexes. Destruction from Hurricanes Irma and Harvey, however, are causing additional uncertainty for the industry. One of those concerns is how the storms will affect the construction industry’s worker shortage. “Finding skilled workers will be essential to ensure the […]

September 25, 2017

Dealers

Kobelco adds compact excavator dealer Central Equipment in Idaho

Central Equipment of Idaho will sell, rent and service Kobelco compact excavators, under a new agreement with the equipment manufacturer. The deal affects the dealership’s Pocatello and Jerome branches. Central’s specialties include heavy equipment for construction and mining. Kobelco says the deal represents its continued expansion into the North American market. The expansion includes adding […]

September 21, 2017

Business

Home starts dip, as builder confidence is shaken by recent storms

The start of construction on new homes in the U.S. fell 0.8 percent during the month of August due to a decrease in multi-family starts. Meanwhile, single-family starts are approaching a 20 percent year-over-year improvement. Despite the strength in single-family, the NAHB reports that builder confidence has fallen due to uncertainty caused by Hurricanes Harvey […]

September 20, 2017

Construction Equipment

Watch Atlanta’s Mercedes-Benz Stadium “rise up” in 3-year construction time-lapse

The Atlanta Falcons have released the incredible EarthCam time-lapse video of the construction of the NFL franchise’s new Mercedes-Benz Stadium. Construction of the huge facility cost an estimated $1.6 billion and took crews 39 months to complete. EarthCam had its cameras on the jobsite since June 2014 and each day captured massive 900 megapixel panoramas […]

September 19, 2017

Contractor of the Year

Whaley & Sons’ comeback required rebuilding this family construction co. from the ground up

Matt Whaley had a passion to run equipment from an early age, but had to constantly nag his father to let him to do it. His father, Ken Whaley, wanted his son to one day run the company he started in 1972 – not a bulldozer. Matt’s rise in the company was incremental. He started […]

September 18, 2017

Roadbuilding

Tribal members find construction work through ADOT training

The Arizona Department of Transportation’s Construction Academy has trained 27 members of the Pascua Yaqui Tribe to work on road construction projects. The academy graduates will work as flaggers and as general laborers on tribal construction projects. The academy receives federal funding and is designed to help women and minorities enter construction careers. The academy […]

September 18, 2017

Roadbuilding

Texas firm wins $36 million contract to replace historic Okla. bridge

Webber LLC of Woodlands, Texas, has won a $36 million contract to replace the historic James C. Nance Bridge between Purcell and Lexington, Oklahoma. Webber was the lowest of three bidders to build the four-lane span for U.S. 77/State Highway 39 over the South Canadian River, according to the Oklahoma Department of Transportation. The work […]

September 13, 2017

Dealers

Business Roundup: Superior expands General Equipment partnership; Deutz spreads Power Centers; Largest Cat dealer transaction; United Rentals buys Cummins power assets; Deere income soars

Superior expands partnership with General Equipment in Neb., Iowa General Equipment & Supplies, a Midwestern distributor of aggregate and construction equipment, has become an exclusive dealer for Superior Industries in Iowa and Nebraska. Superior has maintained a longtime partnership with General Equipment for selling and servicing its conveying equipment throughout the Upper Midwest. The expanded […]

September 12, 2017

Dealers

60-year-old Vermont equipment supply company to fold

Kibby Equipment, a construction supply company that has been a fixture in Vermont for 60 years, will close September 15, according to the Valley News. William Shambo Sr., 85, who started working at the store in White River Junction in 1957 as a parts salesman, has owned the business with his wife, Phyllis, since 1985. […]

September 8, 2017

Construction Equipment

Miami’s tower cranes can’t withstand Irma’s Category 5 winds, city warns

Miami officials are concerned about the 20 to 25 tower cranes that are on construction sites in the city, as Hurricane Irma barrels toward Florida. The cranes can withstand winds up to 145 mph, but not a Category 5 storm, the city says. The National Weather Service reports that Irma is packing maximum sustained winds […]

September 7, 2017