Construction Equipment Guide
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$25B Iraq Reconstruction Portends Rich Potential
/25b-iraq-reconstruction-portends-rich-potential/3320
Pete Sigmund - The reconstruction of Iraq is fraught with problems but rich in potential.
Rebuilding power stations, water treatment and sewage plants, airports, roads and other infrastructure facilities will cost at least $25 billion in funding from all sources, including revenues from Iraqi oil, accord...
Big Dig Unearths Colonial History
/big-dig-unearths-colonial-history/3260
Pete Sigmund - The $14.6-billion “Big Dig” in Boston runs right through the original site where early English settlers built their homes on a small peninsula jutting out into the harbor. The massive project has turned up many artifacts from that colonial period, including, of all things, a bowling b...
/web-savvy-contractors-point/3213
Pete Sigmund - nternet technology is bringing smiles to the faces of contractors, dealers and equipment manufacturers, who save time and money by using the Worldwide Web, completing many transactions with the speed of light instead of ponderous paperwork.
Via the Internet, construction industry personne...
Dealers Assess State of Equipment Rental Market
/dealers-assess-state-of-equipment-rental-market/3168
Pete Sigmund - The rental market, with rates unbelievably low, is “where the action is” in construction equipment.Increasingly, contractors throughout the United States are renting construction equipment, rather than purchasing it, to protect themselves against the uncert...
DBE Issue Remains Legal ’Hot Potato’
/dbe-issue-remains-legal-hot-potato/3135
Pete Sigmund -
Contractors on federal, state and local projects are required to comply with Disadvantaged Business Enterprise (DBE) affirmative action programs whose goals are established by the government agency funding the project.
How do these programs work? How did they develop? What do reg...
Rebuilding Opportunities Abound in War-Ravaged Countries
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Pete Sigmund - A challenging market exists in Afghanistan, and potentially in Iraq, for U.S. contractors, equipment manufacturers and dealers.
Afghanistan has virtually no infrastructure. Whatever roads and bridges it had were destroyed in the war against the Taliban and Al Qaeda.
As it tries t...
State DOTs Yearn for the ’Good Old Days’ of Funding
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Pete Sigmund - “There’s red ink and red blood all over the states. It’s bad out there.”
That statement was made by a state highway official, who did not wish to be identified. He was referring to the growing budget problems at state departments of transportation, ever more frequ...
/slew-of-spans-tames/2933
Pete Sigmund - Throughout its 2,340-mi. course down through the middle of the United States, the Mississippi River is spanned by bridges, which have become part of the river’s saga.
Native Americans and fur traders traveled the river by canoe. Abe Lincoln brought meat and corn to New Orleans by fl...
U.S. Economy Stumbles Into the New Year
/us-economy-stumbles-into-the-new-year/2886
Pete Sigmund - The construction industry, a mighty engine for the U.S. economy, is sputtering slightly as it enters 2003, but it still has a lot of horsepower.
Leading economists and industry observers see an industry wounded by the slow economic recovery, which has affected new commercial building const...
/2002-industry-year-in-review/2858
Pete Sigmund - 2002: Another memorable, significant, year for the construction industry. A major event during the year, capturing worldwide attention, was completing the cleanup of the World Trade Center rubble from the 9/11 terrorist attacks in September, 2001. Poignant ceremonies on May 30 (Memorial Day) mar...