construction
Virginia roads bill signed into law
The commonwealth of Virginia's road construction fund was on a pace to run out in four years. But a landmark transportation-funding bill Gov. Bob McDonnell (R-Va.) ceremoniously signed Monday will generate $1.4 billion per year for Virginia's roads and highways.… Keep Reading
Construction put-in-place exceeding 2012 levels
The forecast for total construction-put-in-place for 2013 continues to show an increase of 8 percent over 2012 levels with an expected expenditure topping $900 billion, according to FMI's first quarter construction outlook. Residential building is showing the most promise, with… Keep Reading
Case Construction Equipment: F Series wheel loader line
The F Series wheel loader line from Case Construction Equipment includes the 1021F and 1121F, a size class of machines specifically engineered for quarry, aggregate and truck-loading applications. According to Case, the hydro-mechanical transmission on the wheel loaders provides additional… Keep Reading
Vulcan economist offers forecast at GCAA event
Baron Worthington, manager of economic analysis at Vulcan Materials Co., shared his outlook on the various construction sectors Feb. 27 during a short session at the Georgia Construction Aggregate Association's 2013 Management Workshop in Atlanta. According to Worthington, housing starts… Keep Reading
Report: January construction starts retreat by double digits
The value of new construction starts dropped 12 percent in January to a seasonally adjusted annual rate of $469.1 billion, according to McGraw-Hill Construction. The decline follows a sharp 23 percent increase for total construction in December, bringing the level… Keep Reading
FMI’s latest index another good sign for nonresidential construction
FMI's nonresidential construction index climbed 2.6 points in the first quarter this year to reach the 58.1 mark. The 4.5 percent increase is the result of bright spots in the economy, including a positive outlook on hiring. According to FMI,… Keep Reading
The Wall Street Journal details Sany’s growth plans in US
The Wall Street Journal published an extensive article detailing Sany America’s plans to become a construction equipment leader in North America. Reporters James R. Hagerty and Colum Murphy wrote that Sany’s goal to be a bigger player globally in construction… Keep Reading
Nonresidential building plans rebound in December
The Dodge Momentum Index, the monthly measure of the initial report for nonresidential building projects in planning, rose 3.2 percent in December, according to McGraw-Hill Construction. The December gain lifted the index to 94.9, up from November's revised 91.9. After… Keep Reading
Volvo Construction Equipment: EC340D, EC380D and EC480D tracked excavators
Volvo Construction Equipment's Tier 4 Interim-certified EC340D, EC380D and EC480D tracked excavators range in weight between 75,000 and 111,800 lbs. At the heart of these machines is a turbocharged, high-pressure, direct-injection Volvo diesel engine that offers maximum power of 279… Keep Reading
