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Industry News - Page 557 of 767

  • Equipment Corps Now Offering Hydra-Slide Range For Rental In Canada

    Equipment Corps, of Stoney Creek, Ontario is offering Hydra-Slide’s range of hydraulic skidding equipment for rental across Canada with immediate effect.

    Equipment Corps has two facilities—the other is in St. John’s, Newfoundland—and 35 employees. It specializes in the provision of industrial and construction tools, in addition to fabrication equipment. Both companies are proudly Canadian, and family owned and operated.

    Hydra-Slide skidding systems are a cost-effective, simple and safe method for moving heavy loads horizontally. They are built to last, engineered for field conditions, and designed with the rigger in mind.

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    Jun 11, 2019 - 7 years ago

  • Diversity Is The Responsibility Of Everyone

    With a diverse workforce one of the key ways to promote innovation and creativity, how can a male-dominated industry like construction achieve better equality? We discuss how to get there with a pioneering team leader from Volvo Construction Equipment (Volvo CE) who is doing just that.

    The workplace needs to reflect society as a whole – which means
    a representation across all demographics – says Jay Parker.

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    Jun 11, 2019 - 7 years ago

  • “Everyday Heroes” Kenworth T680 Sold To Stewart Transport, Net Proceeds Of $162,000 Going To TAT

    The “Everyday Heroes” Kenworth T680 was auctioned recently at Ritchie Bros. in Phoenix. The winning bid submitted by Collin Stewart, president of Stewart Transport, helped net $162,000 in support of Truckers Against Trafficking (TAT). The 501(c)3 non-profit is dedicated to stopping human trafficking by educating, mobilizing, and empowering the nation’s truck drivers and rest stop employees.

    From left, are Kylla Lanier, deputy director of Truckers Against Trafficking (TAT); winning bidder Collin Stewart, president of Stewart Transport; Don Blake, new truck sales manager at Inland Kenworth – Phoenix; and Gilbert Orrantia, director of the Arizona Department of Homeland Security and co-chair Arizona’s Human Trafficking Council. This year’s auction of the Everyday Heroes Kenworth T680 raised $162,000 for TAT, which is the largest donation made to that organization.

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    Jun 10, 2019 - 7 years ago

  • Komatsu Forest Presents New Features Of Its 2020 Models

    In conjunction with SkogsNolia, Komatsu Forest will launch an upgraded product range, with the majority of the machines new. The machines are equipped with a brand-new engine installation conforming to the latest emission legislation. The new, future-proof control system, MaxiXT, will also be launched. Alongside these, the company will present a number of quality improvements and new functions to simplify day-to-day tasks for machine operators and to increase profitability. These include the new MaxiVision service, which takes production planning to a whole new level.

    All 2020 harvester models have been upgraded, from the agile Komatsu 901 thinning harvester through the bestselling eight-wheel Komatsu 931XC to the stately Komatsu 951. Among the forwarders, the three largest – the Komatsu 855, 875 and 895 models – have been upgraded.

    One standout feature is the brand-new engine installation, which conforms to the latest emission legislation (Stage V). It also offers many other benefits, such as an all-new AdBlue system, a new exhaust system and hydraulic tappets. Despite the new, larger engine installation, the machine boasts the same slim design with good all-round visibility and views – right down to the wheels.

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    Jun 10, 2019 - 7 years ago

  • Gross Revenue For BC Miners Hits A Record High Of $12.3 Billion

    The BC mining sector posted positive results for the second consecutive year, coming after a period of lower commodity prices and reduced activity. According to PwC Canada’s BC Mine report, prices for most metals and minerals produced in the province improved in 2018. On average, copper prices were 6% higher in 2018 relative to 2017, while metallurgical coal prices rose an average of 5% year-over-year. Higher prices led to an increase in revenue and net income, with gross mining revenue hitting a record high of $12.3 billion, up from $11.7 billion in 2017.

    Recent merger and acquisition (M&A) activity is another reflection of renewed optimism in the

    BC mining industry. There were a handful of M&A transactions in 2018 and 2019 to date,

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    Jun 7, 2019 - 7 years ago

  • Are You Busy And Broke? Know Your Numbers And Make A Profit

    Your skills may get you started in construction, but math is going to ensure you can make a profit. It’s a high-risk, highly competitive business where the average net profit margin is just three percent to five percent. “You have to know and track your costs,” says George Hedley, a construction business coach and author of “Get Your Construction Business to Always Make a Profit.” Having grown his own commercial construction company from $5 to $50 million, Hedley shares financial expertise acquired in over 30 years working in the business.

    Hedley estimates that 80 percent of contractors don’t know their real costs. This includes labor and equipment costs per hour, their overhead or fixed costs of doing business, and their profit markup on jobs. 

    “The market and competition determine the actual markup allowed to win the bid,” says Hedley. “If your competition is getting 10 percent for total overhead and profit markup, that’s all you’re going to get.”  If your annual overhead is 10 percent and your profit goal is five percent, you must increase sales to achieve your goals and make more money.

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    Jun 6, 2019 - 7 years ago

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