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Business: Page 215
Business
Lower Commercial & Institutional Planning Prompts Pull-back in Momentum Index in July
Dodge Construction Network
The Dodge Momentum Index posted a second straight monthly decline as higher materials prices and labor shortages put pressure on commercial and institutional planning.
Business
Top 10 Construction Stories This Week: What's the Senate Got for Infrastructure, And How We’ll Pay for It?
Most-read construction stories include Danfoss buys Eaton Hydraulics, take advantage of 2021’s 3 unexpected equipment challenges, building a foundation 17 feet below sea level, 5 strategies to overcome labor shortages, satisfy sealcoating expectations
Labor & Workforce Development
Glenn O. Hawbaker to Pay Record $21M in Restitution for Davis Bacon Wage Violations
The largest restitution award in a criminal prevailing wage case has the PA contractor making payments to nearly 1,300 workers after pleading ‘no contest’ to felony charges related to administration of prevailing wages
Business
Atlas Copco Power Technique North America Appoints New President, Vice President
Atlas Copco Power Technique
Atlas Copco Power Technique has appointed Wouter Vlamynck as president and general manager and Abhijeet Jain as vice president and business line manager of Power and Flow, both effective June 1.
Construction News Tracker
Construction News Tracker: Infrastructure Spending Makes Its Way in the Senate
The U.S. Senate has agreed to take up a bipartisan infrastructure bill, home building exceeded June forecasts but permits fell steeply, Fed measures constrained supply's impact on GDP, Dodge construction starts slump, New Jersey plans off-shore wind farms
Business
'Economy Pushing Forward Hard,' Service-Business Indicator Reaches Record High
Institute for Supply Management (ISM)
The ISM Services PMI registered its highest reading since the inception of the report in 2008. Business leaders express concerns about COVID-19 Delta variant impact.
Business
VBC Approved to Buy Troubled Katerra Assets
Katerra
Volumetric Building Companies (VBC) has received approval from the United States Bankruptcy Court for the Southern District of Texas (Houston Division) to purchase Katerra, Inc. assets.
Business
Minnich Manufacturing Awarded GOMACO’s 2020 Supplier of the Year
Minnich Mfg. Inc.
Minnich has been recognized as GOMACO's 2020 Supplier of the Year.
Construction Safety Technology
The Contractors Best Friend Podcast Season 5 Episode 11: Best Investments in Technology
Caterpillar - Cat
How to make the right investments in construction technology.
Digging Deeper
Advancing Technology in Safety Light Wearables
Guardian Angel
Chadwick Keller, president and CEO of Guardian Angel Devices, talks about the company’s safety light and how it can help construction workers on the job site.
Equipment
Buying Used Heavy Equipment? Make Sure You Are Aware of These Three Potential Risks
Crest Capital
Used heavy equipment can be a great value, but there are several unique risks that buyers should be aware of.
Business
Why Contractors are Smiling Despite Nonresidential Dragging US Construction Spending Down Again in June
How tight construction labor and materials are governing nonresidential construction spending, even as contractors report high expectations for significantly improving work volume, revenue and profit margins
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