Construction activities are expected to grow at 5 percent in 2015, leveling off from the previous forecast of 8 percent in Q1 2015, according to the Q2 Construction Outlook released by FMI Corp.
Read MoreTag: construction
Construction Firms Add Jobs in 40 States
Construction firms added jobs in 40 states and the District of Columbia between May 2014 and May 2015 and in 28 states and D.C. between April and May, according to an analysis of Labor Department data by the Associated General Contractors of America.
Read MoreConstruction Equipment Exports Decline
Exports of U.S.-made construction equipment ended 2014 with a 13.2-percent drop compared to 2013, with a total $17.26 billion shipped to global markets.
Read MoreJanuary Construction Climbs 9 Percent
The value of new construction starts climbed 9 percent in January to a seasonally adjusted annual rate of $621.0 billion, according to Dodge Data & Analytics. The increase for total construction was the result of an especially strong performance by the nonbuilding construction sector, which benefitted from the start of a massive liquefied natural gas terminal facility in Texas.
Read More60 Minutes Attacks Infrastructure Failures
In a scathing report on America’s infrastructure, the venerable CBS News program 60 Minutes, as part of its Sunday, Nov. 23 broadcast, illustrated in the gravest terms the dire conditions of America’s roads and bridges – and indicted congressional inaction on this major issue.
Read MoreVolvo CE Touts North American Sales Increase
Volvo Construction Equipment (Volvo CE) saw stable market growth in North America dented by a faster decline in China and a loss of momentum in Europe in its third quarter results – while earnings rose strongly in the period, thanks to effective cost control measures and currency tailwinds.
Read MoreGranite Construction Reports Third Quarter Results
Granite Construction reported net income of $15.3 million for the quarter ended Sept. 30, 2014, compared to revised net income of $13.0 million in the third quarter of 2013. Diluted earnings per share in the quarter were $0.38 compared to $0.33 in the prior-year period.
Read MoreSandvik Offers Radio Remote-Controlled Drill Rig
Sandvik Construction added a completely new radio remote-controlled drill rig to its surface top hammer drill rig offering. Engineered from its conception to combine all the best features in one unit – drilling performance with high hole quality, easy maintenance and excellent maneuverability, as well as attractive exterior – the Dino DC400Ri is ready to take the lead in surface…
Read MoreKPI-JCI Dealer Days a Huge Success
KPI-JCI and Astec Mobile Screens hosted 70 authorized North American dealers at its annual National Dealer Conference, held Sept. 15-17 at The Curtis Hotel in Denver. Rock Products Editor Mark Kuhar was the only aggregates industry magazine chief editor to attend the event. Each year, KPI-JCI and Astec Mobile Screens launches new products and sales tools for its dealers during its National…
Read MoreUSGS Releases Quarterly Mine, Plant Production Data
The U.S. Geological Survey (USGS) released its quarterly U.S. mine and plant production data for selected mineral commodities. These are provided to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and capacity utilization rates.
Read More