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December 2009 News

New Homes Sales Tumble in November

Sales slide 11 percent from October levels.

Plans progress for Wyoming coal-to-gasoline plant

Proposed $2.7 billion plant would be operational by 2015.

M.K. Morse Announces Promotions, New Hire

Chip Tomlinson named VP of national accounts; Carl Sparwer is new commercial division sales manager, international business unit; Philip Metz is hired as industrial division sales director for Europe, Asia and Australia.

U.S. Gross Domestic Product rises 2.2 Percent in Q3

Gains from 0.7 percent increase in Q2.

Sakrete Expands Producer Network in California

Licensing agreement with E-Z Mix, Inc. expands brand reach in Southern California.

IDEAL Offers Level I Training Courses for Thermal Imaging Cameras

Courses will be offered throughout 2010 across the country.

San Francisco to buy Treasure Island for $105 million

Planned development would include 6,000 homes, a 60-story high-rise and a commercial town center.

Bechtel, unions pair with BrightSource to fill construction jobs at Ivanpah solar project

San Bernardino County project could employ 1,000 workers at peak.

Construction begins at San Diego border crossing

Government begins construction of $577 million crossing.

Bradco Supply acquires Carlson Distributors

Adds northern Illinois and southern Wisconsin building materials distributor.

HD Supply to close 25 branches, cut 350 jobs

HD Supply Inc. plans to cut about 350 employees according to a filing with the Securities and Exchange Commission.

Water authority digs deep for third intake pipe at Lake Mead

$25 million boring machine built just for project.

Oklahoma Interstate 40 upgrades continue

ODOT received $465 million in federal stimulus funds for roads, bridges.

Bosch Rexroth opens new Dallas Regional Service Center

Will provide Rexroth warranty service, repairs and conversions and exchange programs.

3M Forecasts Weak to Steady Growth in 2010

Expects organic sales to grow 5 to 7 percent in the coming year.

New Version of Activant Business Analyzer Gives Distributors More Analysis Tools

Booking and tracking functions upgraded; new interface is more user-friendly.

Pending home sales rise nine months in a row

Tax credit does its job.

Residential rebound continues in November

All categories rise but remain well below 2008 rates.

Hudson River tunnel project advances

New Jersey Transit approves contract to start New York portion of $8.7 billion project.

DTE construction project to create 900 jobs

Monroe, Michigan power plant project will cost $600 million.

Byrd announces millions in W.Va. military construction

Military Construction and Veterans Affairs Appropriations bill will drive more than $95 million in W.Va. construction in 2010.

Myrtle Beach airport expansion to bring 400 construction jobs

Terminal expansion project at Myrtle Beach International Airport is managed by MB Kahn.

NetPlus Alliance Adds Executive Search Firm to Supplier List

DeVilling & Associates, LLC, of Sarasota, Florida joins as new service provider.

Obama urges major new stimulus, jobs spending

New spending for construction and small business tax cuts at center of proposal.

New Data Shows California Construction Industry below State Diesel Emissions Target Level for Years to Come

California Air Resources Board Inventory Shows Need to Rethink New “Retrofit” Requirements as Industry, Economy Combine to Cut Current and Forecast Emissions.

Sureheat Buys DESA Brands

Acquires ReddyHeater and Vanguard industrial heater brands.

Obama jobs plan: Bailout for Main Street

President wants to extend tax breaks for small business, invest in infrastructure and give rebates to consumers who make homes energy efficient.

Construction to begin on major Everglades project

Project was approved 20 years ago.

NM to get up to $100 million for construction of biorefinery

Construction to begin in September 2010.

Boston's Revere project gets $47M jump-start

Stimulus funds to help pay for garage at Waterfront Square site.

Obama: Use TARP for job creation

President is expected to say he backs a House plan to spend leftover TARP funds on stimulus spending.

Fed: Economy Improving, Commercial Still Weak

Real estate sales increase everywhere but the Northeast.

Expert: Commercial Real Estate in Doldrums Until 2011

Buyers believe commercial values will continue to slide.

Adam Fein Forecasts 'Choppy Recovery'

Job growth is the key to a more sustainable recovery.

Manufacturers’ Shipments, Inventories and Orders, October 2009

New orders for manufactured goods climbed again in October, up six of the last seven months.

Report boosts second U.S. stimulus bill

CBO report shows stimulus has had positive impact.

U.S. Construction flat in October

Residential construction climbs 4.4 percent.

Saw-a-Day Giveaway at World of Concrete

MK Diamond will give away a CX3 Kohler Concrete Saw each day at World of Concrete.

Lackmond Continues Growth with Staff Changes

Rob Moe is hired as vice president of sales; Steve Leeper is promoted to executive vice president of sales.