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News

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.

  • ABC: Construction Hiring Historically Slow in December, Lowest Since April 2020

    WASHINGTON (Feb. 4, 2025) — The construction industry had 217,000 job openings on the last day of December 2024, according to an Associated Builders and Contractors (ABC) analysis of data from
    Read More →: ABC: Construction Hiring Historically Slow in December, Lowest Since April 2020
  • ACPA Invests in Research, Outreach & Partnerships to Support Gains In Concrete Sustainability

    ROSEMONT, Ill. (Jan. 28, 2025) — Last week at World of Concrete, the American Concrete Pavement Association (ACPA) delivered an assessment of where paving and infrastructure investment currently stands, the challenges
    Read More →: ACPA Invests in Research, Outreach & Partnerships to Support Gains In Concrete Sustainability
  • ABC: Construction Materials Prices Inch Down 0.2% in December, Up 0.9% Year Over Year

    WASHINGTON (Jan. 14, 2025) — Construction input prices decreased 0.2% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’
    Read More →: ABC: Construction Materials Prices Inch Down 0.2% in December, Up 0.9% Year Over Year
  • Sage & Tractics Announce Partnership to Deliver Cloud Solution for Heavy Civil Contractors

    LAS VEGAS  (Jan. 21, 2025) — Sage, a software provider for small and midsized businesses (SMBs) in the construction industry, and Tractics, a provider of a cloud-native construction management platform for
    Read More →: Sage & Tractics Announce Partnership to Deliver Cloud Solution for Heavy Civil Contractors
  • Acumatica Teams with JobPlanner & STACK

    BELLEVUE, Wash., (Jan. 21, 2025) — Acumatica announced strategic partnerships and product integration with JobPlanner, a collaborative project management solution, and STACK Construction Technologies, a cloud-based construction software platform, that will
    Read More →: Acumatica Teams with JobPlanner & STACK
  • NUCA Recognizes National Partner Caterpillar Gold Level Achievement

    FAIRFAX, Va. (Jan. 16, 2025) — The National Utility Contractors Association (NUCA) announced that Caterpillar Inc. has achieved in 2025 the Gold Level status as a NUCA National Partner. This partner
    Read More →: NUCA Recognizes National Partner Caterpillar Gold Level Achievement
  • Takeuchi-US Hires Derek Koontz as National Accounts Manager

    ATLANTA (Jan. 16, 2025) — Takeuchi-US has appointed Derek Koontz as its national accounts manager. Koontz will manage sales development and activity on existing national accounts as well as prospect for
    Read More →: Takeuchi-US Hires Derek Koontz as National Accounts Manager
  • Dodge Momentum Index Grows 10% in December

    BOSTON (Jan. 8, 2025) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 10.2% in December to 212.0 from the revised November reading of 192.3. Over the month,
    Read More →: Dodge Momentum Index Grows 10% in December
  • Peabody General Contractors & Horsepower Site Services Rebrand as HEI Civil

    CHARLOTTE, N.C. and AUSTIN, Texas (Jan. 14, 2025) — HEI Civil, a heavy civil construction company, announced the official rebranding of Peabody General Contractors and Horsepower Site Services to HEI Civil.
    Read More →: Peabody General Contractors & Horsepower Site Services Rebrand as HEI Civil
  • United Rentals to Acquire H&E Equipment Services Inc.

    STAMFORD, Conn. and BATON ROUGE, La. (Jan. 14, 2025) ¬— United Rentals Inc. and H&E Equipment Services Inc. announced their entry into a definitive agreement under which United Rentals will acquire
    Read More →: United Rentals to Acquire H&E Equipment Services Inc.
  • Usman Shuja Appointed to the Executive Board of the Nemetschek Group

    MUNICH (Jan. 13, 2025) — The Nemetschek Group, a global software provider for the digital transformation in the construction and media industries, is expanding its executive board. The supervisory board unanimously
    Read More →: Usman Shuja Appointed to the Executive Board of the Nemetschek Group
  • American Concrete Pavement Association Announces New Board of Directors Chair

    ROSEMONT, Ill. (Jan. 9, 2025) — The American Concrete Pavement Association (ACPA) has announced Don Weaver, president of Weaver-Bailey Contractors Inc., as the chairman of the board of directors in 2025.
    Read More →: American Concrete Pavement Association Announces New Board of Directors Chair

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