AGC Talks Recovery, Infrastructure

RR073120 AGC

July 31, 2020 – The Associated General Contractors of America likes coronavirus recovery measures recently announced in Congress, but makes a good point: infrastructure spending is the economic recovery the workforce needs right now. Association officials noted that new coronavirus recovery measures include provisions that can help construction firms rebuild their payrolls. These include liability reforms so construction firms that are protecting workers from the…

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LafargeHolcim Calls North American Performance ‘Remarkable’

LafargeHolcim reported half-year sales of CHF$10.7 million versus CHF$13 million during the same period in 2019. North American sales of aggregates reached 45.2 million metric tons (Mt) in the first half of 2020 versus 45.7 Mt in the first half of 2019, a decline of 1.1%. Cement sales were off slightly while ready mixed sales were up.

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Cat Sales and Revenues Plunge 31%

MF073120 CatLogo

Caterpillar Inc. announced second-quarter 2020 sales and revenues of $10.0 billion, a 31% decrease compared with $14.4 billion in the second quarter of 2019. The decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Dealers decreased machine and engine inventories about $1.4 billion during the second quarter of 2020,…

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Total Equipment Rebrands, Expands Vermeer Representation

DN073020 VermeerTotal

Total Equipment, Inc., a full-line Vermeer Industrial dealer headquartered in Puerto Rico, has acquired the rights from Vermeer Caribbean to represent the Vermeer Industrial product line in the U.S. Virgin Islands, Haiti and the Dominican Republic.With this acquisition, the dealership will now operate under the brand of Vermeer Total Equipment. Company headquarters will remain in Puerto Rico, while the dealership offers the…

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Robert Dugan Named CalCIMA President/CEO

PM073020 Robert Dugan

The California Construction and Industrial Materials Association (CalCIMA) named Robert Dugan to be its new president/chief executive officer. He succeeds Gary Hambly, who served as president/CEO from 2007 to July 2020. “We are excited to bring Robert on board since he brings a combination of issues management, government relations, and communications experience to the position, as well as knowledge of our…

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