ELFA Confidence in February Remains at Three-Year High

WASHINGTON, D.C. — The Equipment Leasing & Finance Foundation recently released the February 2015 Monthly Confidence Index for the Equipment Finance Industry. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903-billion equipment finance sector. Overall, confidence in the equipment finance market is 66.3, a slight increase from the three-year high level reached by the January index of 66.1. When asked about the outlook for the future, MCI-EFI survey respondent William Verhelle, CEO, First American Equipment Finance, a City National … Read more

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Tocci Building Companies Enters Partnership with NERCC

WOBURN, Mass. — Tocci Building Companies has entered into a collective bargaining agreement with The New England Regional Council of Carpenters. The agreement represents a mutual understanding of the demand for enhanced technology in the evolving building, design and construction industries, along with superior levels of safety training and practices. Tocci and the NERCC share a mutual respect not only for technology in the building industry, but also for in-depth safety training and practices in the workplace. In 2014, Tocci was recognized by the Associated General Contractors of America for their 21st annual National Safety Award. The NERCC also promotes … Read more

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FMI Reports Rising Nonresidential Construction Index Comes with Struggles

RALEIGH, N.C. — The Nonresidential Construction Index from FMI rose two points in Q1. This normally is a positive economic sign. However, construction companies are facing the challenge of having enough people to keep up with increasing backlogs, warns Phil Warner, researcher for FMI. The engineering and construction executives that comprise the NRCI panel are strongly optimistic about both the economy and their businesses. The diffusion indexes for the overall economy and the geographic economies where individual panelists do business rose more than six points, reaching 78. The report discusses owners” views on expectations for 2015 construction put in place, … Read more

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Safety Campaign Launching For Underground Utilities

The Association of Equipment Manufacturers initiated the campaign as an industrywide collaborative effort to: Promote best practices for jobsite preparation and equipment operation Demonstrate underground utility installation and repair as safe, efficient and effective The Underground Utility Damage Prevention Campaign seeks to: Dispel common myths and negative perceptions associated with underground utility installation Provide tools for improved worker skills, knowledge and awareness Machinery covered includes horizontal directional drills, vacuum excavators, trenchers and related underground equipment. Several AEM working committees of manufacturer members helped develop campaign ideas and scope. “We want to involve the widest possible scope of industry groups and … Read more

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Hensel Phelps | CBIC Celebrates Topping Out Ceremony at William P. Hobby International Expansion

HP | CBIC Joint Venture, Southwest Airlines and over 400 attendees recently celebrated the topping out of the new William P. Hobby Airport International Expansion. The setting of the “Wishbone Column,” the largest steel member on the project, represents a huge milestone for the Houston HP | CBIC team. The renovations and updates to Houston, Texas” oldest commercial will bring Southwest Airlines into a new era of international travel. Southwest Airlines will take their inaugural overseas flight from the newly expanded Hobby Airport in October 2015, with destinations stretching from Mexico City to San Juan and down the way to … Read more

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