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March 4, 2016
FEATURED NEWS: Strong U.S. dollar impacts equipment imports
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 News 
 

Ontario expanding Highway 427

Ontario is moving forward with its plans for the expansion of Highway 427 in the Greater Toronto Area. The province has released a request for proposals to three shortlisted bidders to extend Highway 427 by 6.6 kilometres (km) from Highway 7 to Major Mackenzie Drive. >> Read full article

Deere announces additional layoffs

Deere & Company has informed approximately 100 manufacturing employees that they will be placed on indefinite layoff, effective April 1. The layoffs will take place at Deere's factories in Davenport and Dubuque, Iowa. >> Read full article

Major Wire names new CEO

Major Wire has announced Alain Durand as its new Chief Executive Officer, following the retirement of Jean Leblond. Durand was formerly the vice president of international salesfor Major Wire. >> Read full article

 Featured News 
 
Feature News

Strong U.S. dollar impacts equipment imports

Canada has continued to be the strongest importer of U.S.-made construction equipment despite the significant impact of the rising U.S. dollar. Canada finished the year with $5.5 billion in import for a drop of 18 per cent, almost inline with the overall 19 per cent decline compared to the previous year for a total $13.9 billion shipped worldwide. >> Learn More…

 
 NEWS 
 

Wajax to reduce its workforce

Wajax Corporation announced that it will reduce its Canadian ‘head count’ by 10 per cent in 2016. The announcement came as part of the company’s release of its fourth quarter financial results. >> Read full article

TCH improvements coming to Shuswap region

A $3.34-million contract has been awarded to Green Roads Recycling of Fernie to resurface two sections of highway east of Chase. >> Read full article

Terex asks Zoomlion to increase its offer

Terex is asking Zoomlion to increase its bid for the company in order to justify breaking of its proposed merger with Konecranes. >> Read full article

 
 Event Calendar 
 

World of Asphalt/AGG1

March 22-24, 2016
Location: Nashville, Tenn. >> More Info

Atlantic Heavy Equipment Show

April 7-8, 206
Location: Moncton, New Brunswick >> More Info

Expo Grands Travaux

April 22-23, 2016
Location: Montréal, Qué. >> More Info

Hillhead 2016

June 28-30, 2016
Location: Buxton, England >> More Info