construction
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
Construction project delays not uncommon
Eighty-three percent of construction owners are reporting project delays and 41 percent are reporting project cancellations, according to FMI's Construction Users Roundtable (CURT). Also, 93 percent of owners report having to self-fund projects. The roundtable is made up of U.S.… Keep Reading
What’s ahead?
What can we expect for the aggregates industry in 2013? Assuming both sides in Washington are able to compromise and avoid the fiscal cliff (a big assumption, I know), the year ahead looks to be a gradual move in the… Keep Reading
Economist expects recovery to continue into 2013
In a 2013 construction forecast released Dec. 4, ABC Chief Economist Anirban Basu predicted nonresidential construction spending to expand 5.2 percent next year, with much of the expansion coming from privately financed projects. “With the elections now behind us, the… Keep Reading
Vulcan develops product calculator app for iPad, iPhone
Vulcan Materials Co. has launched a product calculator app for Apple's iPhone, iPod Touch and iPad mobile devices. The Vulcan Materials Product Calculator is a tool that allows users to estimate the construction materials needed for building and paving projects. … Keep Reading
Telsmith breaks ground on parts distribution center
Leaders from Astec Industries, Telsmith and the city of Mequon, Wis., broke ground Nov. 13 for construction of a 33,760-sq.-ft. facility. The facility will handle worldwide parts distribution for Telsmith products and be located next to the company's existing manufacturing… Keep Reading
