AED News

Forty-Five Percent of Highway Contractors Had Vehicles Crash Into Their Construction Work Zones During Past Year, New Study Finds

April 13, 2014 4:27 pm

Vehicle Drivers and Passengers More Likely to Be Killed or Injured During a Work Zone Crash Than Construction Workers, Officials Urge Motorists to Slow Down, Stay Alert in Highway Work Zones

Forty-five percent of highway contractors had motor vehicles crash into their construction work zones during the past year, according to the results of a new highway work zone study conducted by the Associated General Contractors of America. Association officials added that the study found work zone crashes are more likely to kill vehicle operators and passengers than construction workers.

“There is little margin for error when you work within a few inches more »

Construction Employment Increased in 175 Out Of 339 Metro Areas Between February 2013 and 2014

April 13, 2014 4:26 pm

Houston-Sugar Land-Baytown, Texas and Monroe, Mich. Top Growth List; Gary, Ind. Again Experienced the Largest Percentage and Actual Declines for the Year

Construction employment expanded in 175 metro areas, declined in 106 and was stagnant in 58 between February 2013 and February 2014, according to a new analysis of federal employment data released April 9,  by the Associated General Contractors of America. Association officials noted, however, that despite the gains, construction employment remained below peak levels in all but 19 metro areas.

“It is encouraging that contractors added workers in so many locations despite severe weather that delayed some project starts,” said Ken more »

AED|EDA Dealer Marketing Report Reveals CE Dealers’ Most Effective Tactics

April 10, 2014 4:33 pm

How has the Internet influenced the way construction equipment dealers market their products and services? What marketing tactics have they found to be most effective? Equipment Data Associates (EDA) and Associated Equipment Distributors (AED) joined forces on a comprehensive survey investigating construction equipment dealer marketing practices. The results are published in the AED | EDA Dealer Marketing Report: 2014 Benchmarks and Trends in the Construction Industry, released on April 10 , and highlighted in a feature article in the April issue of Construction Equipment Distribution magazine (CED), published by AED.

“Dealers are questioning where they should spend their marketing budget. This report documents what they’ve tried more »

AED|EDA Dealer Marketing Report Reveals CE Dealers’ Most Effective Tactics

April 10, 2014 4:33 pm

How has the Internet influenced the way construction equipment dealers market their products and services? What marketing tactics have they found to be most effective? Equipment Data Associates (EDA) and Associated Equipment Distributors (AED) joined forces on a comprehensive survey investigating construction equipment dealer marketing practices. The results are published in the AED | EDA Dealer Marketing Report: 2014 Benchmarks and Trends in the Construction Industry, released on April 10 , and highlighted in a feature article in the April issue of Construction Equipment Distribution magazine (CED), published by AED.

“Dealers are questioning where they should spend their marketing budget. This report documents what they’ve tried more »

Link-Belt Excavators Now Equipped with RemoteCARE Telematics System

April 7, 2014 4:38 pm

All Link-Belt Excavators sold after April 1, 2014, will be equipped with RemoteCARE, an equipment-based,
user-friendly management tool that combines telematics with GPS technology according to LBX Company LLC.

According to the company, RemoteCARE provides timely and reliable machine utilization and operational information, as well as 24-hour surveillance and geo-fencing capabilities. The system enables remote monitoring and tracking of machine location, operational performance, working status and periodic maintenance requirements. Operational data can be downloaded on a daily, weekly, monthly or yearly schedule to help users better manage their job requirements and asset investments.

RemoteCARE tracks and records both routine and major service intervals for machines and transmits that data to more »

Lafarge and Holcim to Merge

April 7, 2014 4:37 pm

Holcim and Lafarge announced their intention to combine the two companies through a merger, unanimously approved by their respective Board of Directors and fully supported by the core shareholders of both companies.

This new global company with European roots would deliver compelling benefits for all stakeholders. LafargeHolcim would be in the best position to contribute to addressing the challenges of urbanization: affordable housing, urban sprawl and transport. The new group would increase its offer to customers through innovation delivered on an expanded scale, best in class R&D and a combined portfolio of solutions and products. Both companies have pioneered sustainability and climate more »

HOLT CAT Executive Leadership Additions Announced

April 7, 2014 4:36 pm

HOLT CAT, the Caterpillar equipment and engine dealer for South, Central, North and North East Texas, recently named Corinna Holt Richter as vice president, Machine Division Product Support Sales and Peter John Holt as vice president, Power Systems Division, Commercial Engine Sales.

In her new role, Corinna Holt Richter will lead a planned expansion of the company’s product support sales group to significantly drive sales in the parts and services division for continued market share growth. Richter joined HOLT in 2011 and has spent the last two years as General Parts Manager in the organization’s Machine Division. She earned a Bachelor of more »

Latest NAHB Index Reading Shows Recovery Continues to Spread

April 7, 2014 4:35 pm

Of the approximately 350 metro markets nationwide, 59 returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released April 7. This represents a net gain of 11 metros year over year.

The index’s nationwide score ticked up to .88 from a March reading of .87. This means that based on current permit, price and employment data, the nationwide average is running at 88 percent of normal economic and housing activity. Meanwhile, 28 percent of metro areas saw their score rise this month and 83 percent have shown an improvement over the past year.

“I more »

Distributors Head to the Hill to Promote Equipment Policy Priorities

April 7, 2014 4:34 pm

Scores of equipment distributors from across the country stormed Capitol Hill on April 2 and 3 for the AED/NAEDA 2014 Washington Fly-In. The annual meeting, which has become the equipment industry’s premier public policy event, is an important opportunity for members to gather political intelligence, urge congressional action on the association’s legislative priorities, and network with leading industry executives.
 
AED’s President Brian McGuire kicked off the Fly-In by encouraging attendees to make their engagement on the Hill part of a larger collaborative effort that will continue back home in their districts. Through site visits, educational tours, and local engagement, the relationships started in more »

Tax Extenders Moving with Bonus Depreciation, Increased Expensing

April 7, 2014 4:34 pm

On April 3, the Senate Finance Committee approved the Expiring Provisions Improvement Reform & Efficiency Act (EXPIRE Act) with strong bipartisan support.
 
The legislation, known inside the beltway as “tax extenders,” continues dozens of tax provisions that expired at the end of 2013, including important capital investment incentives such as bonus depreciation and increased Sec. 179 expensing levels.
 
Specifically, the bill includes a two-year extension of 50 percent bonus depreciation for qualified property purchased and placed in service before Jan. 1, 2016.  It also makes a conforming change to the percentage of completion rules for certain long term contracts.
 
Under current law, beginning in more »

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