Construction Industry News

SCHAUMBURG, Ill. (Dec. 3, 2024) — To meet the growing demand for flexible and cost-effective equipment access, Palfinger, a provider of innovative crane and lifting solutions, has partnered with AP Fleet Management to introduce a new bucket truck rental program in the U.S.

INDIANOLA, Iowa (Dec. 3, 2024) — Cemen Tech, the largest manufacturer of volumetric concrete mixers and concrete production equipment, announced Fred Vincent as the new national used and rental equipment manager. With more than 25 years of experience in heavy truck dealer operations, Vincent will drive growth in Cemen Tech’s rental and used equipment divisions.

BIRMINGHAM, Ala. (Dec. 3, 2024) — Launching its new humanitarian Jump Start Initiative, Fleetio has awarded a free subscription for its fleet optimization software to Shake-A-Leg Miami (SALM), a nonprofit dedicated to providing watersports opportunities and activities for people with disabilities, veterans and their families.

WASHINGTON (Dec. 2, 2024) — National nonresidential construction spending decreased 0.4% in October, according to an Associated Builders and Contractors (ABC) analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.228 trillion.

SCHAUMBURG, Ill. (Dec. 1, 2024) — The Concrete Reinforcing Steel Institute (CRSI) announced the promotion of David Fanella, Ph.D., P.E., S.E., F.ACI, F.ASCE, F.SEI, to the position of vice president of engineering. In this role, Fanella is responsible for overseeing all technical activities performed by the CRSI engineering team.

Munich & Atlanta (Nov. 21, 2024) — The Nemetschek Group  announced its participation in a Series B funding round for Document Crunch, a technology company dedicated to transforming document compliance and risk management for the construction industry. The investment and partnership with Nemetschek will enable Document Crunch to accelerate growth, expand its platform, enhance the technology and increase its market reach.

DENVER (Nov. 20, 2024) — Procore Technologies Inc. a global provider of construction management software, today at Groundbreak 2024 announced the launch of its Procore AI solutions. This includes its new artificial intelligence (AI)-powered Agents. It is designed to enhance project efficiency, improve decision-making, and enable smarter, faster and more seamless workflows. Procore AI, built on Procore’s unified platform, is powered by Procore Agents, Insights and Copilot.

Nov. 20 , 2024 — Seventy percent of businesses have been impacted by distracted driving incidents, according to a new survey conducted by Teletrac Navman, a Vontier company and the connected mobility platform for industries that manage vehicle and equipment assets, with mobile phone use being cited as the leading cause by 68% of survey respondents.

BEDFORD, Mass. (Nov. 14, 2024) — Dodge Construction Network, a portfolio company of Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”) and STG Partners, LLC (“STG”), has announced executive changes and the successful closing of a financing transaction.

SCOTTSDALE, Ariz. (Nov. 13, 2024) — Arcoro, a provider of human resources management (HR) solutions for construction and field-based industries, announced that the company's board of directors has appointed Dave Gray as CEO, effective immediately. Gray, an internet technology industry veteran, most recently served as CEO of Daxko, a technology partner for health and fitness centers worldwide. He will assume Arcoro’s day-to-day leadership and join its board of directors.

BEDFORD, Mass. (Nov. 7, 2024) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 5.3% in October to 197.2 from the revised September reading of 208.2. Over the month, commercial planning fell 6.7%, and institutional planning declined 2.0%.  

MCCONNELLSBURG, Pa. (Nov. 12, 2024) — JLG Industries Inc., an Oshkosh Corporation business and global manufacturer of mobile elevating work platforms and telehandlers, named Rogerio dos Santos Vice President EMEAI Region and Global Strategy/Mergers and Acquisitions for Access Equipment.

FARMINGTON HILLS, Mich. (Nov. 5, 2024) — The 10th annual ACI Excellence in Concrete Construction Awards showcased dozens of innovative concrete projects from around the world.

The "Overall Excellence” award was presented to TSX Broadway — Palace Theater, located in New York. The winning concrete project also received first place in the Repair & Restoration Structures category during the ACI Concrete Convention on Nov. 4.

TOWSON, Md. (Nov. 11, 2024) — DeWalt, a Stanley Black & Decker brand and provider of total jobsite solutions, announced in-market availability across North America of DeWalt Powershift, a cordless equipment system designed to optimize the workflow of concrete and construction jobsites through electrification.

FORT MILL, S.C. (Nov. 11, 2024) — Sunbelt Rentals, a global brand in the equipment rental industry, has earned the 2025 Military Friendly Employer designation for the fifth consecutive year. Sunbelt Rentals received a Gold Designation, indicating that the company scored within 10% of the 10th-ranking employer in their category.

LIVERMORE, Calif. (Oct. 29), 2024 — Topcon Positioning Systems has announced a major addition to its reference station service, Topnet Live. New service areas are available through expansion within California, Hawaii, Oregon, Nevada, Utah and Washington, with 180 full-wave geodetic reference stations added to the network.

HOUSTON (Nov. 5, 2024) — Mitsubishi Logisnext Americas Inc. (Logisnext), a North American provider and manufacturer of material handling and innovative automation and fleet solutions, donated motorized Mitsubishi Forklift pallet trucks to the  Houston Food Bank (HFB). As one of the largest food bank in the nation, HFB plays a vital role in distributing food to those in need across southeast Texas.

WASHINGTON (Nov. 1, 2024) — The construction industry added 8,000 jobs on net in October, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 223,000 jobs, an increase of 2.8%.  

GARNER, Iowa (Nov. 1, 2024) — Stellar Industries, a 100% employee-owned and -operated manufacturer of mechanic and service trucks, cranes, tire service trucks, hooklifts, trailers and service truck and van accessories, announced the acquisition of Elliott Machine Works Inc., a family-owned manufacturing company based in Galion, Ohio.

BIRMINGHAM, Ala. (Oct. 31, 2024) — Fleetio, a fleet maintenance management software company, announced the expansion of its embedded integration with Ford modem-equipped vehicles and Ford Pro plug-in device technology. The integration, which is Fleetio's first embedded original equipment manufacturer (OEM) integration, now supports a more comprehensive exchange of data with the Fleetio platform, open to all Ford Pro Telematics subscribers.