Thirty-eight states added construction jobs between March 2018 and March 2019, while construction employment increased in 29 states between February and March, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials said the widespread gains show demand for workers remains strong and urged federal officials to enact immigration reforms to boost the supply of qualified…
Read MoreMonth: April 2019
Lower Interest Rates Help Boost March New Home Sales
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March after a slightly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since November 2017.
Read MoreCat Sales up 5% in First Quarter
Caterpillar Inc. announced total sales and revenues of $13.466 billion in the first quarter of 2019, an increase of $607 million, or 5%, compared with $12.859 billion in the first quarter of 2018. The increase was primarily due to higher sales volume driven by improved demand for both equipment and services, with the most significant increase in Resource Industries. Sales…
Read MoreHarbor Freight Supports the Trades
April 24, 2019 – If you do not get the Harbor Freight tool catalog in the mail, you are probably a minority. Heck, 10 million people get it each month, with many using the always available 20% off coupon, and free gift coupons. I know I have about a dozen of those little flashlights they give away all over the house.…
Read MoreFPT Industrial Adds Distributor Partner for Western U.S.
FPT Industrial announced a new strategic partnership that allows Surpise, Ariz.-based Southwest Products, a top manufacturer of power generation solutions and leading distributor of diesel engines, to represent FPT in the western United States. Southwest Products’ new FPT territory includes Washington, Oregon, California, Arizona, Nevada, Idaho, Utah, Colorado, Hawaii and Alaska. “FPT Industrial is excited to welcome Southwest Products to our distribution network in North…
Read MoreIt’s Electric
April 22, 2019 – Caterpillar said its electrification strategy will match the right product to the application, and a press release distributed at bauma outlined the ways the company will do this. Fully electric products. Featuring single or multiple non-engine electric power sources, these products are best suited for environments where eliminating emissions is key. These will be best suited for…
Read MoreHELLA Debuts LED Beacon
HELLA debuted a beacon that combines design and state-of-the-art LED technology at bauma. The design beacon is the first of its kind and allows manufacturers in the construction and mining industry to give their vehicles a unique appearance. The black, futuristic-looking beacon fits perfectly into the existing vehicle silhouette thanks to its design and compact dimensions of around 60 mm…
Read MoreHighway Materials Group: We are Heading for a Cliff
The National Stone, Sand and Gravel Association (NSSGA) and other members of the Highway Materials Group (HMG) are renewing the push for increased highway funding during Infrastructure Week 2019, May 13-17. HMG member companies supply the materials and equipment that build and maintain the nation’s roads, highways and bridges.
Read MoreTransportation Group Decries Multi-Modal Funding Cut by Feds
The U.S. Department of Transportation announced the latest round of funding for the BUILD program (formerly known as TIGER). This program has been perennially popular since 2009 when the program was conceived. Now entering round 11 of funding, a new analysis of the program has uncovered some worrying findings, according to Transportation for America.
Read MoreBadger Mining Receives Employee Benefits Recognition
Badger Mining Corp. (BMC) was recognized as the 401(k) Plan Sponsor of the Year at an awards banquet in New York City at the end of March. This national honor, awarded by PlanSponsor magazine, recognizes companies that best “show commitment to their participants’ financial health and retirement success.” As one of four finalists in the asset category of $50 million…
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