April 8, 2025 – Construction Economist Ed Sullivan is concerned the economy is headed the wrong direction. “The economy’s strength is waning,” he writes in The Sullivan Report, his latest economic assessment on Substack. “Even prior to the tariff announcements, evidence suggested that the economy was drifting to a slower growth path. Job growth, a principal source of the economy’s strength…
Read MoreDay: April 8, 2025
JCB to Double Factory Size in Texas
JCB is set to double the size of a new factory currently under construction in Texas as the company confirmed that newly announced tariffs will impact its business in the short-term. JCB has been manufacturing in the United States for 50 years, and last year bought 400 acres of land in San Antonio after recognizing the need to produce even…
Read MoreCat 775 Hauler Showcased at bauma
Caterpillar Inc. is showcasing the new Cat 775 off-highway truck at bauma-Munich 2025, spotlighting the company’s ongoing leadership in technology and autonomous capabilities. The machine is the first next generation design of off-highway trucks for the company. Distinguishing it from the previous 775 models, this 65-tonne (71-ton) payload hauler is engineered to enable fully autonomous capabilities in the future. …
Read MoreCourt Temporarily Blocks Silica Rule
A federal appeals court has temporarily blocked the Mine Safety and Health Administration’s silica dust rule to limit silica dust exposure for coal miners. It was supposed to take effect on April 14.
Read MoreMitsubishi HC Capital America, HD Hyundai Announce Strategic Relationship
Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, announces a new strategic financing relationship with HD Hyundai Construction Equipment North America (HD Hyundai) to help construction businesses across the U.S. and Canada acquire the latest Hyundai equipment. HD Hyundai will incorporate Mitsubishi HC Capital America into its…
Read MoreTRIP: West Virginia Bridges Worst in Country
While additional state and federal transportation investments are enabling West Virginia to make needed improvements to its transportation system, the state’s ability to keep pace with growing transportation needs is threatened by a significant increase in inflation of highway construction costs and the reduced purchasing power of motor fuel tax revenues, due to improved vehicle fuel efficiency and the adoption…
Read MoreAmrize Completes $3.4 Billion Bond Offering Ahead of Holcim Spin-Off
Amrize has achieved an important milestone on the path toward its planned listing with the successful completion of a $3.4 billion bond offering reflecting strong investor interest in the future company. The bond offering was more than four times oversubscribed, and the $3.4 billion transaction is comprised of four tranches, including: “The significant market demand for our bond offering demonstrates…
Read MoreEriez Appoints Todd Burchett to Lead Global Mining and Minerals
Eriez Vice President of Global Sales Todd Loudin announced the appointment of industry veteran R. Todd Burchett as head of mining and minerals. This strategic addition to the global sales group reinforces the company’s commitment to strengthening its leadership position in the mining and minerals industry. In his new role, Burchett will spearhead initiatives to harmonize global market strategies, accelerate…
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