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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.

  • Palfinger Partners With AP Fleet Management for Bucket Truck Rental Program

    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
    Read More →: Palfinger Partners With AP Fleet Management for Bucket Truck Rental Program
  • Cemen Tech Names Fred Vincent as National Used & Rental Equipment Manager

    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.
    Read More →: Cemen Tech Names Fred Vincent as National Used & Rental Equipment Manager
  • Fleetio Launches Annual Jump Start Initiative to Benefit Charitable Organizations

    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
    Read More →: Fleetio Launches Annual Jump Start Initiative to Benefit Charitable Organizations
  • Storms Suppress Nonresidential Construction Spending in October, Says ABC

    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.
    Read More →: Storms Suppress Nonresidential Construction Spending in October, Says ABC
  • CRSI’s David Fanella Promoted to Vice President of Engineering

    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
    Read More →: CRSI’s David Fanella Promoted to Vice President of Engineering
  • Nemetschek Group Invests in Document Crunch

    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
    Read More →: Nemetschek Group Invests in Document Crunch
  • Procore Launches Procore AI With New Agents to Boost Construction Management Efficiency

    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
    Read More →: Procore Launches Procore AI With New Agents to Boost Construction Management Efficiency
  • 70% of Fleets Impacted by Distracted Driving Incidents; Mobile Phones Are Leading Cause

    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
    Read More →: 70% of Fleets Impacted by Distracted Driving Incidents; Mobile Phones Are Leading Cause
  • Dodge Construction Network Announces Executive Leadership Changes & $100M of New Capital

    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
    Read More →: Dodge Construction Network Announces Executive Leadership Changes & $100M of New Capital
  • Arcoro Appoints Dave Gray as CEO

    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
    Read More →: Arcoro Appoints Dave Gray as CEO
  • Dodge Momentum Index Retreats 5% in October

    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
    Read More →: Dodge Momentum Index Retreats 5% in October
  • JLG Names New Leader for EMEAI

    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
    Read More →: JLG Names New Leader for EMEAI

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