Construction Industry News

Burr & Forman LLP announced that Benjamin (Ben) Goldammer and Danica Grosko Suedekum have joined the firm as partners, and Tiffany Oliver has joined the firm as an associate.

MOLINE, Ill. (July 31, 2025) — John Deere announced the launch and availability of a new digital tool designed to enhance how equipment owners use, maintain, diagnose, repair and protect their equipment.

WASHINGTON (July 22, 2025) — Nonresidential construction spending is projected to increase only 1.7% this year and grow very modestly to just 2.0% next year, according to The American Institute of Architects (AIA) mid-year Consensus Construction Forecast.

MILWAUKEE (July 23, 2025) — As CONEXPO‑CON/AGG 2026 nears, the construction industry’s largest trade show released an overview of its history.

PURCELLVILLE, Va. (July 17, 2025) — The Matthews Group Inc. t/a TMG Construction Corporation (TMG), a general contractor and design-builder in the construction industry, announced key promotions today to their leadership to support the company’s growth and geographic expansion.

GRAND RAPIDS, Minn. (July 22, 2025) — Yanmar Compact Equipment provides its customers with more options on the jobsite with the official launch of its full line of compact equipment. The line is completed following the introduction of Yanmar compact track loaders, now available at dealer lots across North America. The four models complement the existing mini excavators, compact wheel loaders and tracked carriers.

WASHINGTON (July 16, 2025) — Construction input prices increased 0.2% in June 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 0.3% for the month.

Corpay Lodging upgraded its mobile app, making it easier for workers to book lodging for company travel.

MOORESVILLE, N.C. (July 18, 2025) — The Lowe's Foundation announced 12 new Gable Grants for community and technical colleges to help solve America's critical skilled trades worker shortage. The funding expands the foundation's nationwide network of Gable Grants recipients to 60 organizations, each delivering scalable pathways into high-demand trades careers.

STOCKHOLM, Sweden (July 21, 2025) — Twiceme Technology, a provider of smart safety solutions, announced Bullard, a manufacturer of personal protective equipment (PPE), has chosen to offer the smart safety technology in its new Type II + safety helmet. Bullard will integrate Twiceme's smart safety technology into the new Bullard Type II + Safety Helmet, enhancing safety practices for workers and streamlining companywide safety management.

BORDEAUX, France (July 17, 2025) — In June, the FAYAT Group, a global construction equipment manufacturer, signed a definitive agreement to acquire LeeBoy, a well-established brand in the roadbuilding equipment sector. This acquisition represents a key strategic move for FAYAT Group as part of its ongoing commitment to expand in the U.S. and Canada.

BOSTON (July 8, 2025) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 from the downwardly revised May reading of 210.9. Over the month, commercial planning grew 7.3% while institutional planning improved 5.7%. 

NEW YORK (July 14, 2025) — Roosevelt Road Specialty, a provider of specialized insurance for construction, is now supplementing its legal offensive with artificial intelligence (AI). Instead of reacting to fraud after losses have occurred, the AI system will sift through large volumes of claim submissions, flagging those with irregularities for immediate review.

IRVING, Texas (July 11, 2025) ― Caterpillar announced its Cat Fleet Bucket Program, which allows customers to benefit from Cat ground engaging tools (GET) even on third-party buckets sourced from local bucket manufacturers.

July 3, 2025 — Construction sector employment increased by 15,000 positions in June as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government data the Associated General Contractors of America (AGC) released.

SUWANEE, Ga. (July 2, 2025) — HD Hyundai, headquartered in Seoul, South Korea, will merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment, effective Jan. 1, 2026.

WASHINGTON (July 1, 2025) — Senate Republicans hauled President Donald Trump’s big tax breaks and spending cuts bill to passage Tuesday by the narrowest of margins, pushing past opposition from Democrats and their own GOP ranks after a turbulent overnight session. 

WEST FARGO, N.D. (July 1, 2025) — Bobcat Company had appointed Laura Ness Owens as chief marketing officer (CMO). In this newly established executive role, Ness Owens will lead global marketing, brand, customer experience and corporate communications strategies for the organization. 

RBA Builders LLC, a full-service general contractor in California, announced a key leadership transition. Allan Quan, vice president finance since 2017, is retiring in 2025 to spend more time with family. Quan has played a pivotal role in guiding the company’s financial strategy during times of significant growth and industry change.

A new industry report from Bridgit reveals that 98% of construction leaders plan to increase investments in workforce planning over the next year, with nearly all turning to artificial intelligence (AI), automation and advanced analytics to navigate the construction industry’s intensifying labor crisis.