Some interesting headlines around the industry these final weeks of 2015:
Construction Employment Posts Widespread Growth in November (Construction Equipment)
"Strong demand for construction projects fueled job growth in November in 38 states compared to October and in all but six states over the past 12 months, according to analysis of Labor Department data released today by the Associated General Contractors of America (AGC).” Read more
Tuesday Sector Leaders: Oil & Gas Equipment & Services, Metals & Mining Stocks(Forbes)
"In trading on Tuesday, oil & gas equipment & services shares were relative leaders, up on the day by about 4.9%. Leading the group were shares of American Midstream Partners (AMID), up about 29.2% and shares of Enable Midstream Partners (ENBL) up about 25.5% on the day." Read more
Kobelco to Merge Cranes and Construction (Construction Equipment)
"Kobelco Construction Machinery and Kobelco Cranes announced plans to merge the businesses at the start of its new fiscal year in April 2016, reports Vertikal.net. Owner Kobe Steel separated out the crane business in 2004 after its Kobelco construction equipment business teamed up with Case New Holland to build excavators. It recently decided to re-merge the two companies in order to strengthen its equipment business ready for further growth." Read more
Top policy fights of 2016 (Washington Examiner)
"Production is slated to begin in 2016 on the next generation Humvee, and deliveries of the Oshkosh Joint Light Tactical Vehicle are expected to begin in June. (within list of major programs)." Read More
