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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.

  • Construction Employers Add 11,000 Jobs in October As Sector’s Employment Hits 50-Month High

    Industry’s unemployment rate drops to 9 percent as firms appear to suffer little short-term impact from 16-day federal government shutdown.
    Read More →: Construction Employers Add 11,000 Jobs in October As Sector’s Employment Hits 50-Month High
  • FMI Predicts U.S. Construction Put in Place Will Reach $977 Billion in 2014

    Firm releases annual U.S. Markets Construction Overview.
    Read More →: FMI Predicts U.S. Construction Put in Place Will Reach $977 Billion in 2014
  • Scott Park Named New President and CEO of Doosan Infracore Construction Equipment

    SEOUL, South Korea (November 6, 2013) – Doosan announced that Scott Park has been appointed president and CEO of Doosan Infracore Construction Equipment (DICE), replacing Tony Helsham, who will retire in
    Read More →: Scott Park Named New President and CEO of Doosan Infracore Construction Equipment
  • Generac Closes on the Acquisition of the Baldor Generator Business

    WAUKESHA, Wis.-(Nov. 1, 2013) – Generac Holdings Inc., a leading designer and manufacturer of generators and other engine powered products, announced the closing of the purchase agreement with Baldor Electric Company
    Read More →: Generac Closes on the Acquisition of the Baldor Generator Business
  • AEM Hall of Fame Announces 2013 Inductees

    Helmut Claas, Ray O’Connor and Friedrich Schwing, Sr., honored
    Read More →: AEM Hall of Fame Announces 2013 Inductees
  • North American Rental Revenue to Reach $38 Billion in 2013

    MOLINE, Ill. (November 4, 2013) – Total equipment rental revenue in North America for 2013 is expected to reach $38.0 billion, according to the latest figures released by the American Rental
    Read More →: North American Rental Revenue to Reach $38 Billion in 2013
  • ARA Encouraged by New Legislation that Will Delay Health Insurance Tax

    MOLINE, Ill.(October 31, 2013) – Congressman Charles Boustany (R-LA) and Congressman Ami Bera (D-CA) introduced legislation Oct. 30 that would provide relief across the country by delaying the health insurance tax
    Read More →: ARA Encouraged by New Legislation that Will Delay Health Insurance Tax
  • FMI Releases 2013 Modularization Study

    RALEIGH, N.C. (October 28, 2013) – FMI, a leading provider of management consulting and investment banking* to the engineering and construction industry, announces the release of its 2013 study on prefabrication
    Read More →: FMI Releases 2013 Modularization Study
  • Barclays Center Wins National Architecture and Engineering Award

    CHICAGO (October 29, 2013) – Barclays Center in Brooklyn, N.Y., has earned national recognition in the 2013 Innovative Design in Engineering and Architecture with Structural Steel awards program (IDEAS2). In honor
    Read More →: Barclays Center Wins National Architecture and Engineering Award
  • Exam Deadline Approaches for LEED Credential Seekers, Says GreenCE Inc.

    RIDGEFIELD, Wash. (October 28, 2013) – Architects, engineers and contractors are making plans to take the LEED exams before the cut-off deadline of May 31, 2014. The U.S. Green Building Council
    Read More →: Exam Deadline Approaches for LEED Credential Seekers, Says GreenCE Inc.
  • ELFA Reports Trends in Monthly Equipment Leasing Activity

    September new business is down 6 percent year-over-year, up 20 percent month-to-month and up 6 percent year-to-date.
    Read More →: ELFA Reports Trends in Monthly Equipment Leasing Activity
  • Construction Adds 20,000 Jobs in September As Unemployment Hits Six-Year Low

    The industry was doing “relatively well” in months prior to federal government shutdown, but quick passage of water resources legislation is needed to help the industry recover from a likely October
    Read More →: Construction Adds 20,000 Jobs in September As Unemployment Hits Six-Year Low

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