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CBO Editorial Staff
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ResourcesSouthaven, Miss. (October 24, 2012) – Terex Construction, a business segment of Terex Corporation, announced the completion of a new Supply Agreement with Takeuchi Manufacturing (U.S.), Ltd. for the supply of eight new models of Takeuchi Branded Skid Steer Loaders. This agreement will provide Takeuchi with a comprehensive range of high specification, high performance, vertical and radial lift Skid Steers Loaders to complement their existing line of Compact Equipment. Takeuchi’s current distribution and support channels will handle sales, rental and parts supply and customer support needs for the new skid steer loaders. Clay Eubanks, President of Takeuchi US said: “After an extensive review process, we selected Terex to supply us with these new skid steer loaders ranging in operating weight from 6,500 lbs. to 8,600...
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David L. Richter of Hill International Named CMAA Fellow
MARLTON, N.J., Oct. 24, 2012 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL), a construction risk management organization, announced today that David L. Richter, Hill’s president and chief operating officer, was named a Fellow of the Construction Management Association of America (CMAA) at its recent National Conference held in Chicago, Ill. Richter is one of 58 Fellows to be so honored in CMAA’s 30-year history. Richter has more than 20 years of professional experience, primarily in the construction industry. He joined Hill in 1995 and has been the company’s President and COO since 2004. Since he joined the company, Hill has grown its revenues more than 20-fold. “The Fellow designation is the highest honor that CMAA bestows on an individual,” said Bruce D’Agostino, CMAA’s President and Chief Executive Officer.... -
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Construction Business Owner Has Strong Presence at MINExpo
CBO representatives receive feedback from industry experts and executives. -
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Wright Express Releases Monthly Construction Fuel Consumption Index Results for September
U.S. construction industry fueling declined 0.8% year-over-year in September; up 0.7% versus previous month. -
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Caterpillar Reports Best Third-Quarter Sales and Profit Yet Downgrades Outlook for Future Sales
PEORIA, Ill. (Oct. 22, 2012) — Caterpillar Inc. announced third-quarter 2012 sales and revenues of $16.445 billion, a 5-percent increase from third-quarter 2011 sales and revenues of $15.716 billion. Profit per share for the third quarter of 2012 was $2.54, up 49 percent from $1.71 per share in the third quarter of 2011. Third-quarter 2012 profit per share includes a pre-tax gain of $273 million from the sale of a majority interest in Caterpillar’s third party logistics business, which had previously been announced. “Last quarter and then again a month ago at MINExpo, we discussed economic and geopolitical headwinds facing the world, and we are certainly continuing to see the impact of those uncertainties in our business,” said Caterpillar Chairman and Chief Executive Officer Doug... -
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Construction Industry Job Report Shows Mixed Signs
Construction employment declines in 28 states while construction jobs are up in 30 states. -
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Cycle Construction Acquires Professional Construction Services
Company will aim for construction offerings in the local market. -
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Cummins Lowers 2012 Revenue and EBIT Guidance
Company also Announces Necessary Actions to Respond to Global Economic Slowdown -
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OSHA Announces Alternative Dispute Resolution Pilot Program for Whistleblower Complaints
WASHINGTON – The U.S. Department of Labor’s Occupational Safety and Health Administration is launching an alternative dispute resolution pilot program for complaints filed with OSHA’s Whistleblower Protection Program. ADR can assist complainants and employers in resolving their disputes in a cooperative and voluntary manner. The program will be implemented in two OSHA regions and offer two voluntary methods of ADR: early resolution and mediation. When a whistleblower complaint is filed with OSHA in one of the pilot regions, the parties will be notified of their ADR options and may work through an OSHA regional ADR coordinator to use these methods. “OSHA is committed to fair, effective and timely enforcement of the whistleblower laws delegated to us by Congress,” said Assistant Secretary of Labor for Occupational...


