June 8, 2018 - Bandit Industries owners Mike Morey Sr., Dianne Morey and Jerry Morey announced on June 7 they would sell 100 per cent of the company to their employees in an employee stock ownership plan (ESOP). Under the ESOP, Bandit will retain its current leadership and key management personnel will remain in place. It will also allow Bandit to always remain Bandit.
June 6, 2018 - Ritchie Bros. is back in Newfoundland, with their best auction yet —selling hundreds of construction equipment items and trucks for dozens of local and national contractors, including more than 300 items from Valard Construction, who recently completed the Labrador Island Transmission Link.
May 30, 2018 - In our last article, we introduced the prompt payment provisions of the new Construction Act, which provide that once a “proper invoice” is given to the owner, the owner must either give a “notice of non-payment” to dispute the invoice within 14 days or pay the invoice within 28 days. In this article, we will continue our discussion in that regard.
May 28, 2018 - During my time as a member of the trade press I’ve heard several OEMs across various sectors jokingly use the expression, “It’s not easy being green,” when describing adapting to North America’s ever-changing emission requirement targets. Whenever they use this expression I can’t help but picture the late Jim Henson’s favourite frog, Kermit, singing in a swamp or in the back of Muppet Theatre (I guess this just shows my age – not that I mind, the Muppets will always be awesome).
May 21, 2018 - In its latest five-year forecast, the American Rental Association (ARA) projects that Canada’s equipment and event rental revenue will total $5.4 billion in 2018 and grow each year to reach $6.3 billion in 2022.
May 16, 2018 - Following up on its successful IronPlanet "Big Spring" event in March, Ritchie Bros. is set to host another special IronPlanet online event on May 24, selling 2,100-plus items from sellers across North America.
May 11, 2018 - Low inventories of U.S. homes and higher costs of materials continue to have significant impacts on the housing market. For example, the ongoing increase in softwood lumber costs — partly the result of tariffs on Canadian lumber — is harming affordability. As of the end of April, composite prices for framing lumber were up almost 42% since the start of 2017 and more than 58% above prices at the start of 2016. These price increases have added about $6,000 to the cost of a typical, newly built single-family home.
May 11, 2018 - The government of Manitoba introduced proposed legislation that would respect workers’ freedom to organize as they choose on publicly funded construction projects, Infrastructure Minister Ron Schuler announced.
May 8, 2018 – IROCK Crushers announces Fred Gross as director of sales and business development. Gross will lead IROCK’s sales and marketing teams with a focus on bringing the company’s dependable crushing and screening solutions to its extensive dealer network across the domestic United States and beyond.
May 4, 2018 - Following Terex Corporation’s release of its first quarter 2018 results, Terex Materials Processing (MP) is pleased to share these, along with its segment-specific results.
May 4, 2018 - Construction employment increased by 17,000 jobs in April and by 257,000 jobs over the past year while firms boosted pay to help recruit new workers, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that the increases in pay appear to be attracting more former construction workers back into the job market, but cautioned that labour conditions remain extremely tight.
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National Heavy Equipment Show
March 28-29, 2019
April 8-14, 2019
April 25, 2019
CCA Spring Board Meeting
May 27-28, 2019
CRAC Conference 2019
June 5-8, 2019
CCA Fall Board Meeting
September 10-12, 2019