October Business: The Crossing Company Acquires The HDD Company; Pipefusion First Canadian Outlet for Connectra Fusion Tools; CONTECH Launches Grreen Concrete

October 2009 Vol. 64 No. 10
The new PFERD headquarters in Ontario.

Dexter + Chaney
Mark Reich (Dexter + Chaney).jpg
Construction software developer Dexter + Chaney has chosen Mark Reich, a long-time construction-software sales and management executive, to the new position of vice president of business development. Reich joins Dexter + Chaney from Sage/Timberline Software, where he spent 24 years as a business partner and company executive; he most recently was premier accounts program director and senior industry sales manager.

At Dexter + Chaney, Reich will focus on creating new market and product-development opportunities for the company’s Spectrum Construction Software. He’ll also lead efforts to strengthen the company’s relationships with other software firms that develop complementary products for the construction industry and will help develop new distribution channels for Spectrum. www.dexterchaney.com

Volvo
Patrick Shannon, vice president, Construction Equipment Finance, Volvo Financial Services North America, has been appointed vice president, Finance, and chief financial officer for Volvo Construction Equipment North America.

Shannon joined Volvo Financial Services North America (VFSNA) in 1995 in a management position, and from 2002 to 2008 was a vice president primarily responsible for retail and wholesale financing and risk management. In early 2008 he was appointed to his current position with VFSNA, managing its construction equipment financial business.

Shannon graduated from St. John’s University in 1988, and earned a Master of Business Administration degree from Wake Forest University in 2000.

Huyghebaert, presently the Volvo CE North America vice president, finance and chief financial officer, is returning to Brussels as vice president, Finance, and CFO for Volvo Construction Equipment Technology.

Parsons Brinckerhoff
The Underground Construction Association of The Society for Mining, Metallurgy, and
Exploration Inc. has presented a Lifetime Achievement Award to James Monsees, a senior vice president with Parsons Brinckerhoff (PB).

The award was given in recognition of Dr. Monsees’ contributions to the U.S. underground construction industry over his 48-year career.