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Indiana's Cline Ave. new toll bridge completely financed with private funds
Indiana Gov. Mitch Daniels and East Chicago Mayor Anthony Copeland announced an agreement in principle with United Bridge Partners, a team of FIGG Bridge Companies, Lane Construction Corp. and American Infrastructure MLP Funds, to build a new toll bridge entirely with private funds in the footprint of the unsafe Cline Avenue structure.
May 17, 2012 – Equipment World

Construction Backlog Declines 5.4 Percent in the First Quarter of 2012
Associated Builders and Contractors (ABC) recently released its Construction Backlog Indicator (CBI) for the first quarter of 2012. CBI declined 5.4 percent from the previous quarter, dipping from 7.8 months to 7.4 months, but is slightly higher compared to the first quarter of 2011.
May 15, 2012 – Compact Equipment

Infrastructure 2012 Report Highlights Innovative Solutions at State, Regional, Local Level
Constrained public budgets and a growing recognition at the local level of the importance of infrastructure -- combined with lack of action at the federal level -- are causing states, regions and cities across the United States to seek innovative infrastructure approaches and solutions.
May 14, 2012 – Compact Equipment

Trade Groups Team Up to Create a Drug- and Alcohol-Free Construction Industry
Five of the nation's largest construction trade associations have teamed up to form the Construction Coalition for a Drug- and Alcohol-Free Workplace (CCDAFW). The coalition's mission is to create a drug- and alcohol-free construction industry by providing companies and organizations with the resources necessary to implement drug- and alcohol-free policies into their business practices.
May 9, 2012 – Compact Equipment Online

Nonresidential construction spending down for third consecutive month
Associated Builders and Contractors (ABC) reports that total nonresidential construction spending fell for the third month in a row, declining 0.2 percent in March to a seasonally adjusted annual rate of $556.85 billion, according to the May 1 report by the U.S. Commerce Department.
May 2, 2012 – Better Roads

Construction Employment Declined in 36 States Between February and March
The momentum boosting the number of states adding construction jobs stalled in March as only 12 states and the District of Columbia added jobs since February, another 36 states lost construction jobs and employment levels remained flat in two other states, according to an analysis by the Associated General Contractors of America of Labor Department data.
May 1, 2012 – Compact Equipment

Nonresidential fixed investment drops 12% in Q1 2012
The Associated Builders and Contractors (ABC) says that nonresidential fixed investment in structures dropped 12 percent in the first quarter of 2012 following a 0.9 percent decrease in the fourth quarter of 2011, according to the April 27 Department of Commerce Gross Domestic Product (GDP) report.
April 27, 2012 – Better Roads

Private Sector Demand Fuels Construction Employment Increases in Metro Areas
Construction employment increased in 171 out of 337 metropolitan areas between February 2011 and February 2012, decreased in 119 and stayed level in 47, according to a new analysis of federal employment data released April 10 by the Associated General Contractors of America.
April 16, 2012 – Construction Equipment Guide

KHL: Construction equipment sales grew 25 percent worldwide in 2011
Sales of construction equipment by the world's 50 largest manufacturers grew 25 percent last year to $182 billion, according to the annual Yellow Table survey by KHL Group. This was a record for the industry, surpassing the previous high of $168 billion, set in 2008, prior to the global financial crisis.
April 16, 2012 – Equipment World

More Competitive Solutions Can Help Fix America's Crumbling Water and Sewer Infrastructure, Says Report
A new report published by the Competitive Enterprise Institute highlights one critical tool in the battle to control the growing cost of government -- competition.
April 12, 2012 – Compact Equipment

Construction industry loses 7,000 jobs in March
The Associated Builders and Contractors (ABC) reports that construction industry lost 7,000 jobs in March, inching the unemployment rate up to 17.2 percent from 17.1 percent in February, according to the April 6 Department of Labor employment report.
April 6, 2012 – Better Roads

$7.2 billion infrastructure program launched in Chicago
Chicago Mayor Rahm Emanuel has launched "Build a New Chicago," a $7.2 billion infrastructure program that would create 30,000 jobs throughout the next three years, according to a Chicago-Sun Times report.
April 3, 2012 – Better Roads

$7.2 billion infrastructure program launched in Chicago
Chicago Mayor Rahm Emanuel has launched "Build a New Chicago," a $7.2 billion infrastructure program that would create 30,000 jobs throughout the next three years, according to a Chicago-Sun Times report.
April 2, 2012 – Equipment World

Construction Employment Rose in 30 States Between February 2011 and 2012
Construction employment rose in 30 states and the District of Columbia between February 2011 and February 2012, while 18 states lost construction jobs and two held steady—the best net positive showing for state construction employment since January 2007, according to an analysis by the Associated General Contractors (AGC) of America of Labor Department data.
March 30, 2012 – OEM Off-Highway

Construction Equipment New Business Volume Up by 22 Percent Over Last Year
The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for February was $5.0 billion, up 22 percent from volume of $4.1 billion in the same period in 2011.
March 28, 2012 – Construction Equipment Guide

Cost Report: Federal Constuction Funding Is Growing Tighter
Three years ago, when construction was reeling from the slumping economy, the federal government provided welcome relief for design firms and contractors: Uncle Sam started to pump about $130 billion in stimulus-act construction funding and a similar amount of regular appropriations into the market.
March 26, 2012 – Engineering News Record

Construction Employment Declines in 111 out of 337 Metro Areas, As Key Infrastructure Measures Languish in D.C.
Construction employment declined in 111 out of 337 metropolitan areas between January 2011 and January 2012, increased in 169 and stayed level in 57, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
March 23, 2012 – Compact Equipment

International Standards For Pick-Up Balers Announced
The American Society of Agricultural and Biological Engineers (ASABE) has adopted with deviations international standard ISO 4254-11:2010, Agricultural machinery -Safety - Part 11: Pick-up balers.
March 21, 2012 – Agri Marketing

U.S. DOT report calls for $101 billion annual investment in roads, bridges
U.S. Transportation Secretary Ray LaHood announced on March 16 that a new report on the state of America's transportation infrastructure, 2010 Status of the Nation's Highways, Bridges and Transit: Conditions and Performance, points to a sizeable gap between current spending and projected levels of investment needed to maintain the nation's highway and transit systems.
March 16, 2012 – Roads and Bridges

OSHA, ASSE Alliance Promotes Worker Health and Safety
Renewed alliance addresses non-English or limited English-speaking workers, motor vehicle safety, and awareness of workplace safety and health for public sector employees
March 16, 2012 – Construction Pros

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