When Association of Equipment Manufacturers (AEM) Senior Vice President of Government and Industry Relations Nick Yaksich announced his retirement last year, it was met with a great degree of gratitude throughout the association and the broader equipment manufacturing industry. Because after 20 years, Yaksich left a firm footprint across the industry thanks to the many personal relationships and impact he made during…
Read MoreYear: 2019
Tecweigh Names Shepherd Aggregate Division Sales Manager
Tecweigh is pleased to announce that Sheldon Shepherd has moved into the Aggregate Division sales manager position. He will be leading the company’s sales management and business development in the primary industries for North America. Shepherd came to Tecweigh two years ago as the international sales manager and will continue with that responsibility. Shepherd brings more than 25 years of…
Read MoreAggregates Production
Aggregates producers are moving full-steam ahead, with or without a new federal infrastructure bill. An estimated 658 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the second quarter of 2018, an increase of 7 percent compared with that of the second quarter of 2017, according to Jason Willett, crushed…
Read MoreConstruction Outlook
Dodge Data & Analytics released its 2019 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018.
Read MoreTransportation Construction Forecast
The U.S. transportation infrastructure market is expected to grow 4.2 percent in 2019, according to the annual economic forecast released Dec. 5, 2018, by the American Road & Transportation Builders Association (ARTBA).
Read MoreResidential Housing
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the new residential construction statistics for October 2018:
Read MoreNew Construction Starts
At a seasonally adjusted annual rate of $789.3 billion, new construction starts in November decreased 7 percent from October’s elevated amount, according to Dodge Data & Analytics. Most of the total construction decline in the latest month was the result of nonresidential building pulling back 15 percent after its 43 percent surge in October.
Read MoreHayes Named AED Foundation VP of Operations
The Associated Equipment Distributors (AED) recently hired Cory Hayes as vice president of operations for the AED Foundation. Hayes has nearly 20 years of experience in the heavy equipment industry, working with dealers, OEMs and service providers. “Serving as a leader within the equipment industry over the years, I’ve had the privilege of working with AED on industry projects, as…
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