Total Construction Falls Sharply in November

Total construction starts fell 14% in November to a seasonally adjusted annual rate of $867.8 billion, according to Dodge Construction Network. Nonbuilding and nonresidential building starts bore the brunt of the decline, falling 30% and 21%, respectively, after seeing sharp increases in October as three large projects broke ground. Residential starts gained a modest 3%. Without October’s large projects, total…

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SKF Conditioning Unit Raises Quality of Lubrication Oil

SKF’s Oil Conditioning Unit (OCU) helps to prolong bearing lifetimes by improving the performance of lubricants in service. The plug-and-play unit cools and filters lubrication oil as it circulates. Cooling helps to improve lubricant performance, while filtration removes contaminants. Filtration levels can be selected from coarse to ultra-fine. Around half of all premature bearing failures are caused by inappropriate lubrication…

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B2W Software Streamlines Equipment Inspection, Repair Process

B2W Software, a provider of heavy construction management software, has introduced new capabilities within its ONE Platform that enable contractors to identify equipment defects and make repairs faster and more cost effectively. The ONE Platform from B2W can now generate repair requests automatically based on data from electronic forms used for completing equipment inspections. The enhanced process relays detailed information…

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GeoSLAM Launches New Underground Mining Solutions

Global geospatial mapping specialist GeoSLAM has expanded its mining offering, building on its reputation in the sector to provide advanced underground mining solutions. The news follows the unveiling of its automated processing platform, GeoSLAM Connect, which provides users with the flexibility to process their data to their exact specifications through a series of interactive customizable script-based workflows. Many features of…

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Dodge Momentum Index Falls in December

The Dodge Momentum Index fell 3% in December to 166.4 (2000=100), down from the revised November reading of 170.7. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. In December, commercial planning fell 4%, and institutional planning slipped…

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