Optimism was high at the height of the summer as the Senate was able to pass a historic $1.2 trillion bipartisan infrastructure package. The Infrastructure Investment & Jobs Act (IIJA) would add $550 billion in new spending over five years for infrastructure, including $110 billion for roads, bridges and major transportation projects, and $25 billion for airports. The bill also featured a $118 billion bailout of the Highway Trust Fund from the Treasury’s general fund.
Ward Nye, chairman and CEO of Martin Marietta, was elected ARTBA’s 2021-2022 chairman during the association’s national convention in Pinehurst, NC. Nye has been chairman of Martin Marietta since 2014, CEO and director since 2010, and president since 2006. He previously served as chief operating officer from 2006 to 2009.
Don’t gamble with your construction business. Plan to attend the Ignite Construction Summit in Las Vegas where industry expert Garry Bartecki will provide tips to help make sure the economic future of your business is secure.
Every year, thousands of hard-working men and women participate in street, highway and bridge projects across the nation. These workers put their lives at risk to repair, maintain and build the infrastructure necessary to keep our country moving. While all roadwork is temporary, the decisions - and mistakes - that...
Volvo Construction Equipment unveiled its CX01 single-drum asphalt compactor concept at the Utility Expo in Louisville, Ky. The CX01 concept uses one vibratory asphalt compactor drum that’s actually two independent halves (called a split-drum) kept upright by a self-balancing control system. Capable of being operated either by remote-control or entirely autonomously, the machine is also fitted with both a diesel engine and an energy storage system, making it a flexible electric hybrid solution. It can be operated in diesel-only, hybrid or fully electric modes.
Dynapac announces the appointment of Jamie Roush to President/General Manager of Dynapac North America, effective October 1, 2021. Roush is a long-time industry veteran with over 20 years of experience in the equipment industry. Roush has been with Dynapac North America since the transition in 2017 and held various management positions at Atlas Copco LLC since 2007.
Many construction business owners don't even know where to look to solve the pressing issues they face in their company every day. Projects small and large are experiencing delays as the nation is short about a quarter-million workers. Add to that a pandemic, dramatic increases in the cost of supplies and supply chain delays, and you have an industry on shaky ground.
Once the $1.2 trillion bipartisan infrastructure bill was passed, Senate Majority Leader Charles Schumer (D-NY) and Budget Committee chair Bernie Sanders (I-VT) agreed on a deal for a $3.5 trillion antipoverty and climate package that Democrats plan to pass through reconciliation. The plan calls for the investments to be offset...