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Equipment Tracks & Trends

Caterpillar CEO Doug Oberhelman To Retire in 2017

A six-year tenure comes to an end amid a historic sales slump at the company

October 17, 2016

Peoria, Ill.-based equipment maker Caterpillar Inc. announced Oct. 17 that its CEO and chairman Doug Oberhelman will retire from the company in March, 2017. Oberhelman has been with Caterpillar for 41 years, and was appointed CEO in 2010.

Risk Management

Judge: Designer’s One-Sentence Claim Notice Allows Insurer to Deny Coverage

Ruling Involved Addition to a Famous University of Pittsburgh Building

Scott Van Voorhis

October 17, 2016

No Comments

Insurer Lexington rejected Ballinger's last-day claim notification that lacked required information.

Construction Materials

US Lumber Group Threatens Action On Canada Exports

The two countries continue talks aimed at new lumber agreement

Tom Ichniowski

October 13, 2016

No Comments

Yearlong US-Canada moratorium on launching lumber trade actions against each other expired Oct. 12.

Viewpoint: US Infrastructure Needs Disruption

Norman F. Anderson

October 12, 2016

2 Comments

Infra guru Norm Anderson says, despite good intentions, the presidential candidates' investment plans have a 'fighting the last war' sense to them.

Renzi Urges Salini Impregilo To Complete Messina Span

Peter Reina

October 12, 2016

No Comments

Milan-based contractor Salini Impregilo S.p.A. has accepted an informal challenge by Italy’s prime minister, Matteo Renzi, to complete a long stalled contract to build a record-breaking suspension bridge over the Messina Strait, between the mainland and Sicily.

Occidental Chemical Signs Pact with EPA for Passaic River Cleanup

Pam Hunter McFarland

October 12, 2016

No Comments

The U.S. Environmental Protection Agency has reached a settlement with Occidental Chemical Corp. to perform engineering and design work necessary to clean up 8.3 miles of New Jersey’s lower Passaic River, the most polluted portion.

After Mount Polley Spill, a Few Changes at BC Mining Ministry

Candy McCampbell

October 12, 2016

No Comments

British Columbia’s chief mining regulator refuses to move compliance and enforcement to a separate agency, despite three reports that say design issues contributed to the massive Mount Polley Mine spill more than two years ago.

Ex Corps Chief Bostick Takes Exec Role at Biotech Startup

October 12, 2016

No Comments

Former top engineer has joined Intrexon Corp., a publicly-traded bioremediation and biomedical technology firm.

Construction Unemployment Continues Downward Trend

October 12, 2016

No Comments

Construction’s September unemployment rate ticked up slightly to 5.2%, from 5.1% in August, but fell from 5.6% for September 2014, according to the Bureau of Labor Statistics.