MDU Resources Group Inc. announced its capital expenditure forecast for 2017 through 2021.
Read MoreYear: 2016
Public-Sector Construction Needs Investment; Qualified Workers
Only 23 states and the District of Columbia added construction jobs between September and October while construction employment increased in 35 states between October 2015 and October 2016, according to analysis of Labor Department data released by the Associated General Contractors of America (AGC). Association officials said declining public-sector investments in infrastructure and other public projects were undermining construction employment…
Read MoreHousing Starts Jump 25.5 Percent in October
Led by impressive gains in both single-family and multifamily production, nationwide housing starts surged 25.5 percent in October to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family starts reached their highest level since October 2007 while multifamily production jumped 68.8…
Read MoreOctober Construction Starts Recede 4 Percent
New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics. Nonresidential building retreated from its brisk September pace, which was this sector’s strongest volume so far in 2016.
Read MoreBoral Ltd. Acquires Headwaters Inc.
Boral Ltd. will acquire Headwaters Inc. for $24.25 per share in cash, a deal valued at $2.6 billion, according to the companies.
Read MoreHall Chaney to Serve as President of Chaney Enterprises
Chaney Enterprises announced the promotion of Francis H. (Hall) Chaney III, to president. Previously executive vice president, Chaney assumes responsibility for all aspects of the Gambrills, Md.-based concrete manufacturer, aggregate supplier and source of construction materials and supplies.
Read MoreCat Updates 992K Wheel Loader
Designed to lower fuel costs and increase operating efficiency, the recently updated Cat 992K Wheel Loader features Caterpillar’s Economy Mode operation. With the new On-Demand Throttle arrangement, the 992K automatically manages engine speed, combining the efficiency of a manual throttle with ergonomic throttle lock operation. Caterpillar performance studies have shown the 992K reduces fuel consumption by as much as 21…
Read MoreAEM Elects 2017 Officers, Directors
The Association of Equipment Manufacturers (AEM) announced its 2017 officers as well as those elected to the AEM board of directors and AG and CE sector boards. AEM officers for 2017 are: Chair Michael A. Haberman, president, Gradall Industries Inc. Vice Chair Richard M. Goldsbury, president Doosan Bobcat North America & Oceania, Doosan Bobcat. AG Chair John D. Lagemann, senior…
Read MoreMontana Tech Holds Mining Symposium
A mining and mineral symposium at Montana Tech, Butte, Mont., attracted geologists and mineralogists as presenters and people from as far as Washington, California and Idaho as well as Montana as attendees, according to the Montana Standard.
Read MoreKomatsu America Adds Midlantic Machinery as Distributor
Komatsu America Corp., a leading global heavy equipment manufacturer, announced the appointment of Midlantic Machinery as the forestry equipment distributor for the state of Delaware and most of Maryland. Midlantic Machinery will handle the full-line of Komatsu forestry equipment, which includes track feller bunchers and harvesters, log loaders, wheeled harvesters, forwarders, and harvesting/processing heads. The dealer is also the distributor…
Read More