Overall Spending and Job Gains Should Continue in 2013, Association Economist Predicts But Officials Warn That Public Investment Cutbacks May Undermine Recovery

LAS VEGAS (February 8, 2013) — The Women in Concrete Alliance (WICA) — a networking organization for women in the concrete industry – has announced the winner of their third Woman of Distinction award. Sheryl Meyers, operations manager with KutRite, has been awarded the prestigious Women of Distinction award for her “can-do” spirit and never-ending desire to please the customer. “Since beginning her career with KutRite in the summer of 2004, two words have summarized everything about Sheryl and those two words are world class,” said Rick Sollars, a partner in KRMC LLC, the owners and operators of KutRite. “Sheryl has been challenged with new product launches, product branding, and complete customer satisfaction. She has always exceeded what was expected of her.” “I have had...

PEORIA, Ill. (Feb.15, 2013) – Caterpillar Inc. announced the appointment of a new vice president and changes in responsibility for an existing vice president. New responsibilities for BluthCaterpillar is moving Tom Bluth, Caterpillar vice president with responsibility for the Earthmoving Division, to become vice president with responsibility for the Mining Products Division. The Mining Products Division is part of Caterpillar’s Resource Industries Group and is responsible for product strategy development, product design and sourcing for Caterpillar’s mining business. Bluth will replace Luis de Leon, whose departure from the company was previously announced. “With important previous leadership assignments in China, Europe and North America during his Caterpillar career, Tom brings significant product and operations experience to this position. Having led the Earthmoving Division since 2009, Tom...

NEW YORK  (Jan. 31, 2013) –  Trepp, LLC, the leading provider of information, analytics and technology to the CMBS, commercial real estate and banking markets, released its January 2013 U.S. CMBS Delinquency Report. The delinquency rate for U.S. commercial real estate loans in CMBS fell 14 basis points in January to 9.57%. This is the lowest level in 11 months, since February 2012 when the rate was at 9.38%, and the improvement marks the resumption of the downward trend in the rate that began in August 2012. Loan resolutions experienced a slight bump in January, with over $1.2 billion in loans resolved with losses. The removal of these loans from the delinquent category helped drive the delinquency rate down 22 basis points. Loans that cured...