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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.

  • Coast Raises $40 Million Series B Financing
    NEW YORK (July 18, 2024) — New York-based Coast, which offers solutions for U.S. companies to manage fuel and fleet spending, has raised $40 million in new Series B financing, led
    Read More →: Coast Raises $40 Million Series B Financing

  • NLRB Withdraws Appeal in Joint Employer Case
    WASHINGTON (July 19, 2024) — Today, the National Labor Relations Board (NLRB) moved to withdraw its appeal of the U.S. District Court for the Eastern District of Texas’ decision to vacate
    Read More →: NLRB Withdraws Appeal in Joint Employer Case

  • Infotech Announces Acquisition by Diversis Capital
    GAINESVILLE, Fla. (July 17, 2024) — Infotech, a provider of infrastructure construction software solutions, was acquired by Diversis Capital Management LP, a Los Angeles-based private equity firm focused on investing in
    Read More →: Infotech Announces Acquisition by Diversis Capital

  • Alison Gorham Promoted to Vice President at McShane Construction Company
    MADISON, Wis. (July 16, 2024) — McShane Construction Company announced that Alison Gorham was promoted to vice president of the firm’s Wisconsin regional office in Madison. Gorham joined McShane in 2012
    Read More →: Alison Gorham Promoted to Vice President at McShane Construction Company

  • Dodge Momentum Index Gained 10% in June
    BEDFORD, Mass. (July 9, 2024) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased by 10.4% in June to 198.6 (2000=100) from the revised May reading of 179.9.
    Read More →: Dodge Momentum Index Gained 10% in June

  • National Equipment League Launches its First Championship Competition
    KENOSHA, Wis. (July 12, 2024) — The newly founded National Equipment League is broadcasting its first events online in partnership with HD Hyundai Construction Equipment North America. The National Equipment League
    Read More →: National Equipment League Launches its First Championship Competition

  • KAI Opens New Office Near Downtown Atlanta
    ATLANTA (July 11, 2024) — KAI announce the grand opening of its new office located just east of Downtown Atlanta at 659 Auburn Avenue. This strategic relocation to the Old Fourth
    Read More →: KAI Opens New Office Near Downtown Atlanta

  • RefrigiWear Adds New VP of Sales for Outdoor Industries
    DAHLONEGA, Ga. (July 9, 2024) — RefrigiWear, a manufacturer of insulated industrial workwear, accessories and personal protective equipment (PPE), announced the appointment of Leigh Stadelmeier as vice president of B2B outdoor
    Read More →: RefrigiWear Adds New VP of Sales for Outdoor Industries

  • GSA Administrator Announces $80M for Smart Building Technologies
    TAMPA (June 20, 2024) — At RealComm, a major gathering of real estate technology leaders in Tampa, the administrator of the U.S. General Services Administration (GSA) announced plans to invest $80
    Read More →: GSA Administrator Announces $80M for Smart Building Technologies

  • B. Riley Financial Acquires Interface Consulting International
    LOS ANGELES & HOUSTON (July 8, 2024) — B. Riley Financial Inc. has acquired the assets of Interface Consulting International Inc., an engineering and construction consulting and expert services firm. Interface
    Read More →: B. Riley Financial Acquires Interface Consulting International

  • Clark Construction Announces Inaugural Graduates From Training Program for Small, Diverse-Owned Firms
    RICHMOND, Va. (July 3, 2024) — Twenty-two Richmond-area small and diverse business leaders are positioned to take their firms to new heights following their successful completion of Clark Construction Group’s Strategic
    Read More →: Clark Construction Announces Inaugural Graduates From Training Program for Small, Diverse-Owned Firms

  • Document Crunch Wins 2024 AI Breakthrough Award
    ATLANTA (June 27, 2024) — Document Crunch, an artificial intelligence (AI) contract intelligence and compliance platform for the construction industry, announced that it has been named the winner of “Best Overall
    Read More →: Document Crunch Wins 2024 AI Breakthrough Award

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