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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.

  • Baltimore Bridge Collapses; 6 Presumed Dead
    BALTIMORE (March 26, 2024) — A cargo ship lost power and rammed into a major bridge in Baltimore early Tuesday, destroying the span in a matter of seconds and plunging it into
    Read More →: Baltimore Bridge Collapses; 6 Presumed Dead

  • ConstructReach Hosts Work-Based Learning Initiative to Connect Students With Construction Industry Opportunities
    DENVER (March 24, 2024) — ConstructReach, a construction industry workforce development initiative and consultancy, will host an “I built this!” event in partnership with Procore Technologies on April 9 from 9
    Read More →: ConstructReach Hosts Work-Based Learning Initiative to Connect Students With Construction Industry Opportunities

  • Coast Partners With Visa to Expand Financial Tools & Software for Modern Business Fleets
    NEW YORK (March 21, 2024) — Coast, which offers a way for companies in the United States to manage fuel and fleet spending, has raised $92 million in new funding. The round
    Read More →: Coast Partners With Visa to Expand Financial Tools & Software for Modern Business Fleets

  • Jos’ Cuadrado Appointed Global CEO of Yanmar Compact Equipment
    March 21, 2024 — Effective April 1, José Cuadrado has been appointed Global CEO at Yanmar Compact Equipment (Yanmar CE), and Chairman of the Board at Yanmar Holdings Co., Ltd. Cuadrado replaces Giuliano
    Read More →: Jos’ Cuadrado Appointed Global CEO of Yanmar Compact Equipment

  • Bad News: Construction Input Prices Increase 1.4% in February, Says ABC
    WASHINGTON (March 14) — Construction input prices increased 1.4% in February compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of the U.S. Bureau of Labor
    Read More →: Bad News: Construction Input Prices Increase 1.4% in February, Says ABC

  • Studson Finalizes $2.48M Funding Round
    TIGARD, Ore. (March 14, 2024) — Studson, a safety helmet developer that recently launched the Full Brim ANSI Type II Safety Helmet, announced the completion of a $2.48 million USD funding
    Read More →: Studson Finalizes $2.48M Funding Round

  • ARA’s Updated Economic Forecast Released
    NEW ORLEANS (Feb. 19, 2024) — In its updated forecast released at The ARA Show, the American Rental Association (ARA) indicates that the U.S. equipment rental industry’s growth has a fairly
    Read More →: ARA’s Updated Economic Forecast Released

  • Takeuchi-US Promotes Scott Utzman to Attachment Specialist
    ATLANTA (March 11, 2024) — Takeuchi-US has named Scott Utzman as its new attachment specialist. In this role, Utzman will be responsible for attachment sales and support for the company’s dealer
    Read More →: Takeuchi-US Promotes Scott Utzman to Attachment Specialist

  • Federal Judge in Texas Blocks NLRB Rule
    March 11, 2024 — A federal judge in Texas has blocked a new rule by the National Labor Relations Board (NLRB) that would have made it easier for millions of workers to form
    Read More →: Federal Judge in Texas Blocks NLRB Rule

  • Contractor Solutions Adds Thunder Creek to Specialty Sales & Rental Business for Underground Construction
    Pella, Iowa — Thunder Creek Equipment has been added to Contractor Solutions’ dedicated rental and new equipment sales lineup for the underground construction industry. The company — serving utility contractors and
    Read More →: Contractor Solutions Adds Thunder Creek to Specialty Sales & Rental Business for Underground Construction

  • Jason Ritchey to Serve as 60th NTEA Board Chair
    INDIANAPOLIS (March 7, 2024) — During Work Truck Week 2024, Jason Ritchey, president and owner of Curry Supply Co. (Altoona, Pennsylvania), was installed as 60th board chair of NTEA — The Work Truck Association.
    Read More →: Jason Ritchey to Serve as 60th NTEA Board Chair

  • Diversified Fall Protection Names Travis Nelson as New CEO
    CLEVELAND (March 4, 2024) – Diversified Fall Protection (DFP), a large turnkey fall protection integrator in the U.S. for regulatory-driven systems and services, announced the appointment of Travis Nelson, PE, CSP,
    Read More →: Diversified Fall Protection Names Travis Nelson as New CEO

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