It has been almost four months since Moore, Okla., was hit with an EF5 tornado on May 20 that flattened buildings and left many homeless. Cat dealer Warren Cat was onsite assisting first responders with rescue operations quickly following the disaster.
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MSHA Offers Half-Year Fatality Analysis
From Jan. 1, 2013, to June 30, 2013, 18 miners died in accidents in the mining industry, according to MSHA. Nine died in coal mining accidents and nine in metal and nonmetal mining accidents. In both coal and metal and nonmetal mining, one of the miners killed was a contractor.
Read MoreCase Launches New Equipment at Public Works Show
CASE Construction Equipment introduced new equipment and technologies for public works professionals at the 2013 International Public Works Congress & Exposition, held Aug. 25-28 at McCormick Place in Chicago, including: The CASE 621F wheel loader. The 621F provides up to a 10-percent increase in fuel economy over the previous model, while delivering faster acceleration, quicker cycle times and higher travel…
Read MoreKerry Shapiro Named CalCIMA General Counsel
The California Construction and Industrial Materials Association (CalCIMA) announced that Kerry Shapiro of Jeffer Mangels Butler & Mitchell, LLP was selected to represent CalCIMA as General Counsel.
Read MoreU.S. Construction Machinery Exports Down 21 Percent
U.S. construction machinery exports dropped 21 percent during the first half of 2013, with $10.8 billion shipped to global markets compared to $13.7 billion at midyear 2012, according to the Association of Equipment Manufacturers (AEM). The AEM off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into global trend reports for members.
Read MoreNew Construction Starts to Climb 6 Percent in 2013
New construction starts are forecast to rise 6 percent this year to $506 billion, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction, a division of McGraw Hill Financial. This is the same rate of increase for total construction starts that was predicted last October, and follows the 8 percent gain that took place in…
Read MoreDeere Announces Third-Quarter Record Earnings
Net income attributable to Deere & Co. in the third quarter was $996.5 million, or $2.56 per share, for the third quarter ended July 31, compared with $788.0 million, or $1.98 per share, for the same period last year. For the first nine months of the year, net income attributable to Deere & Co. was $2.730 billion, or $6.97 per…
Read MoreHousing Starts Rise 5.9 Percent in July
Nationwide housing starts rose 5.9 percent to a seasonally adjusted annual rate of 896,000 units in July as multifamily construction rebounded from a dip in the previous month, according to newly released figures from HUD and the U.S. Census Bureau. Meanwhile, single-family construction recorded a modest decline from a rate that was upwardly revised for the previous month.
Read MoreMultifamily Building Segment Looking Good
The Freddie Mac Multifamily Research Group released its mid-year multifamily outlook for 2013, which includes a new Freddie Mac Multifamily Investment Index that measures the attractiveness for investing in apartment properties. The new Index shows that apartments are still a good investment in most metropolitan markets it tracks.
Read MoreSecond Half Economy Looking Up, Says ABC
Nonresidential fixed investment in structures expanded 4.6 percent on an annualized basis during the second quarter of 2013, according to the July 31 gross domestic product (GDP) report by the U.S. Commerce Department. This increase followed a 4.6 percent decline in the first quarter of the year.
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