Tags: Business

Caterpillar to lay off another 475 employees

Aug 30, 2015

Caterpillar to lay off another 475 employees

Caterpillar has announced another round of layoffs, this time releasing 475 employees as the company's cost-cutting efforts in the face of waning demand continue. According to a report from the Peoria Journal Star, the cuts will affect staff in the Customer Services Support ...

Read More...

Terex to merge with Finnish manufacturer Konecranes

Aug 11, 2015

Terex to merge with Finnish manufacturer Konecranes

Cranes and heavy equipment manufacturer Terex will merge with Finnish competitor Konecranes in an all-share deal, the companies announced in a joint release Tuesday. The new company will be called Konecranes Terex and will be based out of Finland. It is ...

Read More...

Making sense of the split: Don’t worry about Navistar, but where will Caterpillar find its 15-liter truck engine?

Aug 03, 2015

Making sense of the split: Don’t worry about Navistar, but where will Caterpillar find its 15-liter truck engine?

The big news story last week was, of course, Cat and Navistar breaking up. At first brush, given Navistar’s fresh troubles with a brand-new EPA lawsuit, you’d be forgiven for thinking Cat’s move was a sign of more trouble in Lisle, ...

Read More...

Caterpillar profits fall 29% in 2Q as company cuts full-year forecast

Jul 23, 2015

Caterpillar profits fall 29% in 2Q as company cuts full-year forecast

A continued and severe lack of demand for mining equipment worldwide, coupled with lower construction equipment sales in China and Brazil brought Caterpillar sales and profits down during the second quarter. In earnings released Thursday the company reported a decrease in ...

Read More...

Martin Marietta reports increased profits and sales for first quarter of 2015

May 04, 2015

Martin Marietta reports increased profits and sales for first quarter of 2015

Martin Marietta Materials, Inc. announced results for the first quarter ending March 31, 2015. For the first time since 2008, it is reporting increased profitability in the first quarter, as well as improved margins. In a company statement, Ward Nye, chairman, ...

Read More...

Hire a hero

Jul 03, 2014

Hire a hero

As aggregate demand continues its slow climb back to pre-Great Recession levels, many aggregates producers find that increased demand means a need for quality employees. At CalPortland’s Dupont plant, its relationship with one neighbor helps it fill its ranks. That site ...

Read More...

Vulcan net sales rise 9% in Q1 2014

May 07, 2014

Vulcan net sales rise 9% in Q1 2014

Vulcan Materials Company has announced that its net sales in the first quarter of 2014 were up 9 percent, or $44 million, while its gross profit increased 93 percent, or $16 million. The company’s gross profit margin was up 270 basis ...

Read More...

Holcim’s Ada, Okla., plant receives business partner award

Mar 01, 2013

Holcim’s Ada, Okla., plant receives business partner award

Holcim (US) Inc. (www.holcim.us) that its Ada plant, located in Ada, Okla., has been awarded the Outstanding Business Partner Award by East Central University of Ada, Okla. This award recognizes and highlights institutions that have cultivated partnerships within their communities. The ...

Read More...

JM Wood truck and equipment auction

Apr 20, 2011

JM Wood Auction Company is hosting a gigantic one-day auction Thursday, April 21, 2011. The auction is in Columbia, South Carolina, and begins at 8 a.m. CST. Online bidding is also available. Auction includes trucks, construction and forestry. Click here for more ...

Read More...

Terex Bid-Well celebrates 50 years of business with Kiewit Corporation

Apr 20, 2011

To mark Terex Bid-Well’s 50th Anniversary and its first bridge paver sold, Terex Chairman and CEO, Ron DeFeo presented representatives from Kiewit Corporation a commemorative crystal 3D etching of a paver in appreciation of 50 years of business during CONEXPO-CON/AGG ...

Read More...

SUBSCRIBE & FOLLOW

advertisement

TWITTER

FACEBOOK

BLOG

advertisement
advertisement
advertisement