US Housing Starts Rose to 717,000 in April
Author: CHRISTOPHER S. RUGABER - AP Economics Writer
WASHINGTON (AP) - U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing.
The Commerce Department said Wednesday that builders broke ground at a seasonally adjusted annual pace of 717,000 homes in April from March. That''''s 2.6 percent more than March''''s total, which was revised higher. Construction rose for both single-family homes and apartments.
Building permits, a gauge of future construction, fell last month from a 3 1/2 year high to a seasonally adjusted annual rate of 715,000. But that was because of a 23 percent drop in the volatile apartment category.
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US Housing Starts Rose to 717,000 in April
WASHINGTON (AP) - U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing. The Commerce Department said Wednesday that builders broke ground at a seasonally adjusted annual pace of 717,000 homes in April from March.
Deere Fiscal 2Q Profit Rises, Beats Expectations
MOLINE, Illinois (AP) - Deere posted a 17 percent spike in second quarter profit Wednesday and boosted its outlook for the year, predicting record-high global demand for its signature tractors, harvesters and seeders.
The Road Connection Visits the NHRA Summer Nationals
The Road Connection will beat a trail west to participate in a customer appreciation event with G.W.Van Keppel at the National Hot Rod Association (NHRA) Summer Nationals event in Topeka, Kansas on May 18th through May 20th.
Asphalt Pavement Alliance Announces 2011 Perpetual Pavement Award Winners
The Asphalt Pavement Alliance has announced the winners of its 2011 Perpetual Pavement Awards program.These national awards are given to road-owning agencies for asphalt pavements that are at least 35 years old and have never had a structural failure.
Construction Materials Prices Inch up in April
The cost of construction materials took a breather in April, while contractors showed slightly greater ability to roll past price increases into their bids, according to an analysis of producer price index figures released May 11 by the Associated General Contractors of America.
Caterpillar Plans $37M Visitor’s Center
PEORIA, Ill. (AP) The $37 million Caterpillar Visitors Center is on schedule to open the same day as its next-door neighbor, the $100 million Peoria Riverfront Museum.
Fulton Street Transit Center in NYC Moves Toward Completion
Ten years after construction began — and seven after its original scheduled completion date — the Fulton Street Transit Center project overseen by MTA Capital Construction is now expected to be finished in 2014.
CT660 Gets Put to Work for Kearny’s Cali Carting Inc.
Cali Carting Inc. a full service solid waste and recycling company located in Kearny, N.J., that offers commercial, industrial and residential waste and recycling services throughout New Jersey, was the first company to purchase the new Caterpillar CT660 vocational truck from Foley Inc.
Sales Strong for Ritchie Bros. in Pittsburgh Auction
Close to 1,500 bidders participated online and in person at Ritchie Bros. Auctioneers’ multi-million dollar unreserved public equipment auction in Pittsburgh, Pa.
Hyundai Wheel Loader Provides Lifting for Port Murray
When Port Murray Auto Salvage Inc. went looking for a powerful, compact new wheel loader, it turned to Harter Equipment to provide the solution. Established in 1976, Port Murray Auto Salvage focuses on selling used car and truck parts to wholesale and retail outlets.
Hal J. Ewing, Construction Equipment Guide VP, Emeritus, Dies
A lifelong resident of Prospect Park, Pa., Halus J. Ewing, passed away on April 23, 2012, at the age of 85. He was a former Delaware County Daily Times advertising director and retired vice president of Construction Equipment Guide (CEG) of Fort Washington, Pa.
Atlas Copco — Baltimore Hosts Rock Crusher Event
An audience of industry professionals witnessed Atlas Copco — Baltimore putting its Powercrusher PC3 impact crusher and an Atlas Copco 3715 screen through their paces.
Middlesex Corp. Tames Tricky Fla. Interchange
Seminole County, in partnership with the city of Cassselberry and the Florida Department of Transportation (FDOT), began an improvement project on state Road 436 and Red Bug Lake Road in October 2011 to improve mobility and safety in the heavily traveled area.
Sovereign Paving Tests Out New Blaw-Knox PF-150B
A versatile new paver is helping a Virginia company provide more efficient service to its customers. In late 2011, Sovereign Paving Inc. purchased the LB performance Blaw-Knox paver, model number PF-150B, a wheel- mounted, mid-size paver that provides flexibility on a variety of job sites.
State Lining Up 65 Bridge Replacement Projects at $208M
MONROE, La. (AP) The Louisiana Department of Transportation and Development plans more than $208 million in bridge replacement and repairs — provided the Legislature approves the money.
Carolina CAT Touts CT660 at Richard Childress Racing
Carolina CAT held its first CT660 customer event at Richard Childress Racing, Welcome, N.C., on April 24. The event was held to promote the new Caterpillar vocational truck.
Ring Power Celebrates 50 Years as Full-Line Caterpillar Dealer
Ring Power Corporation announced its 50-year, golden anniversary as a Caterpillar dealership. In 1947, L.C. Ringhaver (better known as “Ring”) moved south from Ohio to manage a small boat yard in St.
Ring Power Tactical Solutions Division Acquires Rights to The Rook Vehicle
Ring Power Corporation Senior Vice President Kevin Robbins announced that Ring Power Tactical Solutions division has acquired The Rook Armored Critical Incident Vehicle from International Defense LLC of Ponte Vedra, Fla.
Mark Twain Bridges in MO Eye Memorial Day Opening
Florida, Mo., may spark recognition in the minds of many Americans as the birthplace of writer Samuel Clemens, a.k.a. Mark Twain. The author of Adventures of Huckberry Finn was honored in namesake by many local attractions, including Mark Twain Lake in 1984, owned and operated by the Army Corps of Engineers.
IDOT Unveils 6-Year, $9.2B Road Program
SPRINGFIELD, Ill. (AP) Illinois Gov. Pat Quinn’s administration announced plans April 30 to repair 2,300 mi. of roadway and 500 bridges over the next six years, using the last of the money available from a massive public-works program.
Deep Muck Raises Costs for New St. Croix River Bridge
STILLWATER, Minn. (AP) The price tag for the new St. Croix River bridge could hit $676 million — almost triple the $234 million spent to replace the collapsed Interstate 35W bridge over the Mississippi River in Minneapolis.
CAWGC Hosts Annual Meet & Greet Expo in Joliet
The Contractors Association of Will & Grundy Counties held its 3rd Annual Meet & Greet Expo May 3 at the Stone City VFW in Joliet, Ill. The event was a chance to talk business, check out new equipment and have some fun with friends from the industry.
M. Adams Co. Announces Series of Personnel Changes
William J. Rollinger Sr. has been promoted to president of M. Adams Equipment Co. Rollinger has been with the Rockford, Ill., firm for 35 years working in all phases of the business.
Southeastern Equipment Co.Now Distributes Hyundai
Southeastern Equipment Company now offers Hyundai Construction Equipment at its locations in Ft. Wayne and Indianapolis, Ind. The equipment line includes mini excavators, crawler excavators, wheeled excavators and wheel loaders.
Fort Worth Auction Is Another Success for Ritchie Bros.
Ritchie Bros. held a sale May 8 in Fort Worth, Texas. Highlights from the auction included a 2007 Caterpillar D8T crawler tractor that sold for $260,000 and a 2006 Komatsu D155AX-5 crawler tractor that brought in a winning bid of $210,000.
Holt CAT Announces Series of Leadership Changes
Holt CAT, the Caterpillar dealer of south, central, north and east Texas announced the promotion of five senior level managers. Ron Craft has been promoted to vice president of machine product support.
Hawthorne CAT Holds Showcase for Cat CT660
Hawthorne CAT hosted a showcase for the Cat CT660 vocational truck April 26 at its San Diego location. In addition to the opportunity for attendees to examine the CT660 up close, there were giveaways and raffles, a barbecue lunch and equipment reviews and display.
$100M Station Project Under Way in Oklahoma
OKLAHOMA CITY (AP) The first of nine new weigh and inspection stations for heavy trucks entering Oklahoma has opened for business, and state officials are pushing ahead with a nearly $100 million project to build the rest, the head of Oklahoma’s Department of Transportation said May 7.
Holt Cat Names Director of Business Skills Development
Holt Cat, the Caterpillar dealer for South, Central, North and East Texas, recently named Mark Baker Director of Business Skills Development. Baker will be responsible for managing core operational business skills in addition to conducting process standardization training.
Atlas Copco - Sacramento Celebrates Grand Opening of new Store
The Atlas Copco branch in West Sacramento celebrated its grand opening April 13 with an off-site demonstration of several new surface drill rigs in the morning, and a catered reception in the evening.
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