Investment in equipment and software is expected to grow 2.8 percent in 2017, according to the Q2 update to the 2017 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation.
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Atlas Copco Adds ROMCO to Dealer Network
Atlas Copco Construction Equipment announced the addition of ROMCO Equipment Co. to its growing dealer network. The Texas-based company will rent, sell and service Atlas Copco compressors, generators and light towers to meet customer demands for portable energy equipment across the state. “ROMCO Equipment’s customer-first values, backed with their knowledge in the heavy equipment industry, makes for a great partnership with Atlas Copco,”…
Read MoreMore Than 127,000 Attend Record-Breaking ConExpo-Con/Agg Show
ConExpo-Con/Agg and IFPE 2017 attendees came to Las Vegas ready to buy as exhibitors said they had enjoyed tremendous sales activity throughout the week. As multiple construction and manufacturing industry segments converged on the Las Vegas Convention Center from March 7-11, 2017, manufacturers and customers voiced widespread economic optimism.
Read MoreHousing Starts Dip in January; Permits Rise
Housing starts returned to trend, dropping 2.6 percent to a seasonally adjusted annual rate of 1.246 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Multifamily production fell 10.2 percent to 423,000 units after an unusually high December 2016 reading, whereas single-family starts ticked up 1.9 percent to…
Read MoreMartin Marietta Materials Reports Record Results
Martin Marietta Materials Inc. reported record results for the fourth quarter and full year 2016. For the fourth quarter of 2016, Martin Marietta achieved net sales of $889.0 million compared with $780.8 million in the 2015 fourth quarter; EBITDA was $229.7 million compared with $204.4 million; and earnings per diluted share were $1.55 compared with $1.26.
Read MoreTop Global Innovators to Speak at ConExpo-Con/Agg
ConExpo-Con/Agg 2017, the largest international gathering in the Western Hemisphere for the construction industries, revealed an exciting line-up of featured speakers for its Tech Talks forum.
Read MoreUnited States Lime & Minerals Sees Higher Sales, Increased Demand
United States Lime & Minerals Inc. reported fourth quarter and full-year 2016 results. Revenues in the fourth quarter 2016 were $34.2 million, compared to $31.3 million in the comparable 2015 quarter, an increase of $2.9 million, or 9.2 percent.
Read MoreAggregates Production Rises Higher in 2016
According to figures from the U.S. Geological Survey, total aggregates production in 2016 was 2.49 billion metric tons (Gt), up from 2.28 Gt in 2015. The information was reported in its 2017 Mineral Commodity Summaries report.
Read MoreCaterpillar Moving Headquarters to Chicago
Caterpillar Inc. announced it will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed the ongoing importance of its presence in Peoria and Central Illinois.
Read MoreInfrastructure on the Front Burner
Jan. 24, 2017 – The National Stone, Sand and Gravel Association reports that President Trump signed an executive order that is designed to speed up environmental reviews and fast-track critical infrastructure projects. “We intend to fix our country, our bridges, our roadways,” he said at a press event. “We can’t be in an environmental process for 15 years if a bridge…
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