construction
FMI Corp., Results Canada announce partnership
FMI Corp. and Results Canada cooperatively launched FMI Results to help mid-market engineering and construction businesses realize growth. “FMI is excited to be partnering with Results Canada,” says Chris Daum, president and CEO of FMI Corp. “Our alliance leverages Results… Keep Reading
Liebherr equipment explored at seminar
More than 170 salesmen, dealers, company representatives, customers and guests gathered for Liebherr Construction Equipment Co.'s 2015 sales seminar and open house at Liebherr's headquarters in Newport News, Va., the company says Visitors from Liebherr’s earthmoving and material handler factories… Keep Reading
House bill defines sand and gravel as strategic, critical
The House of Representatives passed a bill that includes sand, gravel and minerals necessary for transportation infrastructure construction in the definition of strategic and critical minerals, the National Stone, Sand and Gravel Association (NSSGA) reports. Rep. Mark Amodei, R-Nev., introduced… Keep Reading
New construction starts slip further in September
New construction starts in September dropped 5 percent from the previous month to a seasonally adjusted annual rate of $523.7 billion, according to Dodge Data & Analytics. The Dodge Momentum Index produced a reading of 111 in September, which is… Keep Reading
Michigan Aggregates Association names president
The Michigan Aggregates Association (MAA) appointed Doug Needham as its president. Needham succeeds Mike Newman as the association's president. According to MAA, Newman led the association for more than 20 years. Needham plans to start his position as MAA president… Keep Reading
FMI forecast revised to incorporate more potential growth
Construction activities are forecasted to grow at 6 percent through 2015, up from a second-quarter forecast of 5 percent, according to the latest FMI construction outlook. Construction growth is not only predicted to rise this year, but it is expected… Keep Reading
Cat announces several major cost reduction plans
Caterpillar Inc. announced several major cost reduction plans to lower Cat's operating costs by about $1.5 billion. Cost reduction plans include cutting jobs, creating a retirement enhancement plan and reorganizing several divisions. Cat says this year is the company’s third consecutive… Keep Reading
Highway funds expected to last into next summer
The U.S. Department of Transportation (DOT) updated its Highway Trust Fund ticker to report that the federal government is unlikely to run out of money for infrastructure projects until June 2016. Congress passed an $8 billion Highway Trust Fund extension… Keep Reading
Report quantifies transportation projects’ effects on economy
An American Road & Transportation Builders Association report (ARTBA) finds that the money invested in transportation construction industry employment and purchases generates nearly $510 billion in annual U.S. economic activity. According to ARTBA, that figure accounts for 1.6 percent of… Keep Reading