New Tax Law Brings Big Deductions for Buying Used Construction Equipment

2018 section 179 chart

Contractors buying used construction equipment in 2018 and over the next five years will reap some hefty tax breaks, including one that was previously only available for purchases of new equipment. The tax breaks come in two forms, section 179 and bonus depreciation, both of which now allow contractors to deduct 100 percent of the […]

How Komatsu is Increasing Safety Through Innovation

Komatsu has been providing the mining industry with innovative technologies to enhance safety for the better part of a century. Standard-setting developments include the company’s Autonomous Haulage System (AHS) and personal proximity detection system. Since it became commercially available 10 years ago, Komatsu’s AHS has had zero system-related safety incidents. The surface mining system combines driverless […]

Construction Employment Reaches 10-Year High as Industry Adds 19,000 Jobs in July and 303,000 for the Year; Industry Unemployment Sets Record Low

Construction Officials Say Firms Would Likely Have Added More Workers if they Could Find Them, Urge Education Officials to Do More to Encourage Students to Consider High-Paying Construction Careers Construction employment increased by 19,000 jobs in July and by 303,000 jobs over the past year, reaching a 10-year high, while the industry’s unemployment rate and […]

OSHA to Offer Safety Training and Educational Grants

OSHA will now offer a total of $10.5 million in grant funding for nonprofit organizations including community and faith-based organizations, employer associations, labor unions, joint labor/management associations, Indian tribes, and colleges and universities. The Susan Harwood grant program supports the development of quality training and educational programs that focus on identifying and preventing workplace hazards. […]

Neste aiming to use waste plastic as a raw material for fuels and plastics

Neste, the world’s leading producer of renewable diesel, is now exploring ways to introduce liquefied waste plastic as a future raw material for fossil refining. The aim of the development project is to proceed to industrial scale trial during 2019. The company’s target is to process annually more than one million tons of waste plastic […]

Outliving Empires: Why 2,000-year-old Concrete Made by The Romans Still Stands Today

roman concrete

A new look inside 2,000-year-old concrete – made from volcanic ash, lime (the product of baked limestone), and seawater – has provided new clues to the evolving chemistry and mineral cements that allow ancient harbor structures to withstand the test of time. The research has also inspired a hunt for the original recipe so that […]

Utility Vehicles: Delivering Worksite Versatility

Adding this jobsite staple to your fleet will improve performance while helping control costs Utility vehicles have long been a valuable jobsite option for increasing efficiency and boosting productivity, particularly in circumstances that prove difficult for conventional trucks. While rough or soft terrain, tight spaces or expansive jobsites may be challenging or costly for a […]

Construction Contractors Must Embrace Technology or Chase the Competition

A 2017 contractor survey found that among those for whom technology plays a role in their business, less than half had a clear strategy in place to integrate those advancements With innovations like telematics, robotics, automation and drones, along with data to improve design and project management, the construction industry would seem to be a […]

Governor Cuomo Announces Nearly $38 Million Available to Protect New York Farmland

Kubota M& series tractor

State Dedicates Highest Level of Funding Ever to Accelerate Protection of Valuable and At-Risk Farmland Preemptive Purchase Rights Are Now Included as an Eligible Cost Governor Andrew M. Cuomo today announced nearly $38 million is now available through the Farmland Protection Implementation Grant program to help farmers across New York protect valuable and at-risk farmland. […]

Construction Cost Data Shows Effect of Trade Disputes as Aluminum and Steel Costs Increase, Rate of Cost Increases Hits Recent High

New Labor Department Figures Demonstrate How New Tariffs Have Increased the Costs of Key Construction Materials, With Metal Materials Experiencing Double-Digit Percent Increases Construction costs accelerated again in June, with steep increases for a wide range of building and road construction materials as tariffs against foreign goods come into effect, according to an analysis by […]

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