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Here you will find the latest news and information from the construction industry. To keep up with the goings-on, don’t miss a thing by subscribing to our CBO Alert newsletter, as well as our all-product edition, the CBO Product Report.

  • Lowe’s Foundation Investment in Solving Skilled Trades Labor Shortage Grows to $43M
    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
    Read More →: Lowe’s Foundation Investment in Solving Skilled Trades Labor Shortage Grows to $43M

  • Bullard Chooses Twiceme Smart Safety Technology for Its New Type II + Safety Helmet
    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
    Read More →: Bullard Chooses Twiceme Smart Safety Technology for Its New Type II + Safety Helmet

  • FAYAT Group Signs Definitive Agreement to Acquire LeeBoy
    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.
    Read More →: FAYAT Group Signs Definitive Agreement to Acquire LeeBoy

  • Dodge Momentum Index Expands 7% in June
    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
    Read More →: Dodge Momentum Index Expands 7% in June

  • Roosevelt Road Specialty Launches AI Tool to Mitigate Insurance Fraud
    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
    Read More →: Roosevelt Road Specialty Launches AI Tool to Mitigate Insurance Fraud

  • Caterpillar Launches Cat Fleet Bucket Program
    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
    Read More →: Caterpillar Launches Cat Fleet Bucket Program

  • AGC: Construction Firms Add 15,000 Jobs in June & Strive to Retain Workers Amid Market Uncertainty
    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
    Read More →: AGC: Construction Firms Add 15,000 Jobs in June & Strive to Retain Workers Amid Market Uncertainty

  • HD Hyundai Announces Merger of Construction Equipment Divisions
    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.
    Read More →: HD Hyundai Announces Merger of Construction Equipment Divisions

  • Senate Passes Trump’s Big Tax & Spending Cuts Bill
    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
    Read More →: Senate Passes Trump’s Big Tax & Spending Cuts Bill

  • Bobcat Company Appoints Laura Ness Owens as Chief Marketing Officer
    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,
    Read More →: Bobcat Company Appoints Laura Ness Owens as Chief Marketing Officer

  • RBA Builders Promotes New Vice President of Finance
    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.
    Read More →: RBA Builders Promotes New Vice President of Finance

  • Nearly All Construction Leaders Anticipate Major Investments in Workforce Planning in 2025, According to Bridgit
    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),
    Read More →: Nearly All Construction Leaders Anticipate Major Investments in Workforce Planning in 2025, According to Bridgit

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