Bandit Hires Mocny as CEO

Bandit Industries has hired John Mocny to serve as the company’s chief executive officer. Mocny joined the Bandit team in February 2016, bringing decades of engineering and management experience from previous leadership roles with General Motors and Caterpillar. Mocny holds a Bachelor of Science degree in mechanical engineering from Michigan State University, and a Master of Engineering Science and Management degree from the prestigious…

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This Week’s Market Buzz

Oil is hovering at about $50 per barrel, down slightly on concern about the economic outlook following Britain’s vote to leave the European Union. OPEC’s oil output has risen in June to its highest in recent history. Nigeria’s oil industry has partially recovered from militant attacks and Iran and Gulf members are now boosting supplies. Returning Nigerian supply will put…

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Housing Starts; New Home Sales Drop in May

Nationwide housing starts were virtually unchanged in May, inching down 0.3 percent to a seasonally adjusted annual rate of 1.16 million, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance edged up 0.7 percent to a seasonally adjusted annual rate of 1.14 million.

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ConExpo-Con/Agg to Give You the Boot

June 27, 2016 – With summer construction work in full swing, ConExpo-Con/Agg has launched a social media sweepstakes that gives the hardworking men and women of the construction and aggregates industries a chance to win a new pair of work boots. Any eligible individual who likes ConExpo-Con/Agg on Facebook or Twitter and provides their email address on the sweepstakes page will…

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Screen Machine Celebrates 50th Anniversary

Screen Machine invited dealers, suppliers, local, state and federal officials, families of employees and other special guests to its 125,000-sq.-ft. facility in Etna, Ohio, to celebrate the company’s 50th anniversary. “Fifty years is a long time,” said President Steve Cohen. “Screen Machine Industries not only survived but prospered through many recessions and wars. A business must adjust to survive.” In testament…

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