The Santa Clara Stadium Authority has voted to approve an $850 million loan, which would go toward the construction of a new stadium for the San Francisco 49ers. The 49ers are hoping to move to Santa Clara in the near future, with plans for a new $1 billion complex already well underway.
Construction spending will likely dip for Maine over next two years
Construction firms in Maine are likely to take a bit of a hit in 2012, as the state is planning to cut funding significantly for new road and bridge work in the new year, reports the Bangor Daily News.
Topics: Construction, Industry Headlines
Crop insurance premiums will likely rise due to flooding
Farmers depend almost entirely on their crops in order to turn a profit, so it can be disastrous if the planting is ruined by a natural disaster or similar event. This year, thousands of farmers were affected by serious flooding along the Missouri River, which was caused when the U.S. Army Corps of Engineers were forced to blow up levees at certain reservoirs to prevent those areas from becoming flooded. Instead, that water traveled downstream and flooded thousands of acres of farmland all through the Midwest.
Topics: Industry Headlines
A Tax Free exchange may save you thousands of dollars
If you're looking to sell your used farm tractor, used dump truck or used crane online, you may be concerned about losing out on revenue due to federal income taxes. Depending on the item and the seller's income bracket, you could lose nearly a quarter of the money generated by your sale before it ever makes it into your pocket. However, if you've sold a piece of equipment for capital gain, you may qualify for a Tax Free exchange.
Topics: Industry Headlines
Paying for your equipment online has never been easier
If you're in the market for used construction equipment, you're going to be dealing with some large numbers when it comes time to pay for your auction. It's important to keep track of the purchase price and any additional fees that must be paid, which can be a challenge if you're not sure where to look.
Topics: Construction
Flexible marketplace solutions make it easy to sell equipment online
Those with a used dump truck, flatbed truck or compactor may be wondering what benefits selling it online can have. IronPlanet's marketplace offers a number of different ways to sell an item, meaning the equipment will be sold quickly and efficiently. Naturally, different sellers have different needs, and so whether one is dealing with one piece of equipment or an entire fleet, IronPlanet can help ensure a fair price is received.
Topics: Mining, Construction
Paying for your equipment online has never been easier
If you're in the market for used mining equipment used construction equipment, you're going to be dealing with some large numbers when it comes time to pay for your auction. It's important to keep track of the purchase price and any additional fees that must be paid, which can be a challenge if you're not sure where to look.
Topics: Trucks
Calling it "one of the best years ever," The Associated Press reports that 2011 was very kind to those in the agricultural business, as profits jumped 28 percent to over $100 billion total.
Topics: Industry Headlines
Skanska CEO predicts good prospects for construction industry
Swedish construction company Skanska AB is projecting a large number of new construction projects available over the next six months, making it a great time to buy used construction equipment from auctions like IronPlanet. IronPlanet offers a wide range of equipment and vehicles to help you get the job done right, and the IronClad Assurance program ensures that everything that goes on the block is of the highest quality.
Skanska CEO Johan Karlstrom said that things were looking up in terms of new projects over the next six months, according to MarketWatch. Karlstrom made the comments on a conference call discussing the company's third quarter earnings.
Topics: Construction, Industry Headlines
Consign equipment online and save 6-11% over traditional auctions
With a big construction project on the horizon, it may become clear that the time to buy new equipment has arrived. Upgrading dump trucks, welders or scrapers may be a worthwhile investment - they'll run more efficiently, which can make it possible to take on more jobs in the future.
Topics: Trucks