Welcome to our Construction Industry News page, where we bring you the latest updates on mergers and acquisitions, key new hires, and significant industry shifts. Stay informed with breaking news and in-depth reporting to keep up with the fast-paced changes shaping the construction business.

Oct. 14, 2024 — Amy Marks has joined Compass Datacenters as senior vice president of innovation. As a leader on the Innovation team, Marks will be responsible for continuously improving Compass’ ability to deliver customizable, scalable, efficient and sustainable data center campuses throughout North America.

BURLINGTON, Mass. (Oct. 16, 2024) — Highwire, a contractor success platform for capital project construction and operations, has launched its new Prequalification solution. This solution enables general contractors (GCs) to assess their subcontractors' default and safety risk by evaluating a wide range of factors, including financial viability, capabilities, experience, pending litigation and past defaults.

BIRMINGHAM, Ala. (October 9, 2024)  —  Fleetio, a fleet optimization company, was named “Fleet Management Technology Company of the Year.” Presented by AutoTech Breakthrough, a market intelligence organization, the award recognizes companies, technologies and products that advance the global automotive and transportation technology sectors.

DENVER (Oct. 11, 2024) — Render Networks, a provider of network construction management technology, announced that Ascension Infrastructure Group, a subsidiary of Amperage Capital, has selected Render as its construction platform partner as part of a goal to accelerate fiber broadband expansion and play a critical role as the industry looks to connect more homes to fiber over the next five years than have ever been connected before. 

MECHANICSBURG, Pa. (Oct. 9, 2024) — The borough of Mechanicsburg, Pennsylvania, celebrated Raymond DeWalt Day to honor Raymond DeWalt and the 100th anniversary of his namesake DeWalt, a Stanley Black & Decker brand and provider of total jobsite solutions.

VANCOUVER, British Columbia (October 9, 2024) — Bentley Systems Incorporated, the infrastructure engineering software company, announced a strategic partnership with Google to integrate Google’s geospatial content with Bentley’s infrastructure engineering software and digital twin platform to improve the way infrastructure is designed, built and operated.

FARMINGTON HILLS, Mich. (Oct. 8, 2024) — The Work Truck Association (NTEA) and the Specialty Equipment Market Association (SEMA) today filed suit in the U.S. District Court’s Eastern District of California against the California Air Resources Board (CARB), seeking immediate declaratory and injunctive relief to stop electric vehicle mandates CARB intends to implement through its Advanced Clean Fleets (ACF) regulations.

WASHINGTON (Oct. 8, 2024) — Associated Builders and Contractors (ABC) announced the members of its fourth annual Tech Alliance — a consortium of firms that create construction technology and innovative solutions for ABC contractor members, which primarily perform work in the commercial and industrial sectors.   

MIAMI (Sept. 24, 2024) — RumbergerKirk announced that construction and commercial litigation attorney Nicole Kwapisz has joined the firm as a partner in its Miami office. Kwapisz has extensive experience in construction and complex commercial litigation representing a wide variety of clients, including developers, architects, engineers, general contractors and subcontractors.

WASHINGTON (Oct. 1, 2024) — The construction industry had 370,000 job openings on the last day of August, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting.

Sept. 25, 2024 — To expand its artificial intelligence (AI) capabilities and help customers optimize their mining operations, Komatsu announced its intent to acquire Octodots Analytics, a Chile-based digital solutions provider. 

RALEIGH, N.C. (Sept. 19, 2024) — FMI Corporation, a provider of consulting and investment banking services to the built environment, released the 2024 Ownership Transfer and Management Succession Study focused on the engineering and construction industry. The report provides key insights and tactics to help owners and executives navigate their companies’ transitions. 

CLEVELAND (September 23, 2024) — Diversified Fall Protection (DFP), a turnkey fall protection integrator in the U.S. for regulatory-driven systems and services, has appointed Gabe Galvan as EBM Design Director. Galvan will play a key role in leveraging the company’s newly acquired California SIT (scaffold inspection and testing) license.

TORONTO (Sept. 18, 2024) — Augmenta, an artificial intelligence (AI) platform for the built environment, announced a partnership with ENG, a global building information modeling (BIM) company, to provide automated electrical design modeling solutions for the construction industry. As part of today’s partnership, Augmenta is announcing the commercial availability of an AI design solution that enables design automation for electrical subcontractors.

WASHINGTON (Sept. 12, 2024) — Construction input prices increased 0.1% in August compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.2% for the month.