Tag: industry: Page 6

Business

Construction companies grow while other sectors slow

A new report from Forbes based on numbers from financial information firm Sageworks says that privately-owned construction companies have “bucked the overall trend” and have seen their sales growth continue while other sectors have seen them slow. Construction companies have seen their sales grow since 2009, according to the Sageworks data. They saw 10.19 percent […]

December 14, 2012

Business

Toronto leads North American high-rise construction

Toronto has the highest number of high-rises and skyscrapers under construction in North America, with its 147 such construction sites. That figure is more than twice as many as New York City, REM Online reported. The figures come from Emporis, a buildings database based in Germany. In October 2012, Toronto held 15 more high-rise building […]

December 13, 2012

Business

Lessons from landscapers: Set yourself apart from the competition

If you’ve been on the site lately, you’ve noticed we’ve announced the 12 finalists for Equipment World’s 2013 Contractor of the Year. I love this program. Visiting finalists is one of the best parts of my job; they always turn out to be great people I feel privileged to know. So, every year I jump […]

December 12, 2012

Business

Construction loses 20k jobs in November

Good news for the economy today as the latest U.S. Labor Department figures show that 146,000 jobs were added in the month of November while unemployment fell to 7.7 percent — the lowest that rate been since December 2008. However, the construction industry did not share in that good news, losing 20,000 jobs in November. […]

December 7, 2012

Business

Construction industry spends least on IT

On average, construction companies only spend 1.35 percent of their revenues on information technology, placing the industry last behind 14 others in a report done by Gartner Research. Construction companies with revenue of $250 million were found to spend 1.6 percent of their revenues on IT, while those companies with revenue of $10 billion were […]

December 3, 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

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

$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

Business

Bosch names Roberto Rossi director of Workshop Technical Sales

Roberto Rossi is the new director of Workshop Technical Sales for Bosch; he will direct North American sales and service for Bosch service equipment.

November 1, 2012

Construction Equipment

FMI predicts 2012 U.S. construction to total between $826 billion and $844 billion

FMI predicts construction-put-in-place (CPIP) will be around $826-844 billion at the end of 2012. CPIP measures the total dollar value of construction done in the U.S.

October 30, 2012

Business

Cat: staying in Illinois, sees third-quarter income and sales boosts

Cat was in the news this weekend, announcing it will keep its headquarters in Illinois and that it expects to see its sales growth slow in 2013.

October 22, 2012