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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.

  • Takeuchi Founder Inducted Into AEM Hall of Fame
    ATLANTA (Dec. 4, 2023) — On Nov. 30, Akio Takeuchi was inducted into the Association of Equipment Manufacturers (AEM) Hall of Fame during AEM’s Annual Conference in Fort Lauderdale, Florida. A
    Read More →: Takeuchi Founder Inducted Into AEM Hall of Fame

  • ABC Construction Backlog Indicator Falls Sharply for Small Contractors; Confidence Dips
    WASHINGTON, (Nov. 14, 2023) — Associated Builders and Contractors (ABC) reported today that its Construction Backlog Indicator declined to 8.4 months in October from 9.0 months in September, according to an
    Read More →: ABC Construction Backlog Indicator Falls Sharply for Small Contractors; Confidence Dips

  • Komatsu Announces Plans to Acquire American Battery Solutions
    Nov. 20, 2023 — Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit,
    Read More →: Komatsu Announces Plans to Acquire American Battery Solutions

  • Dodge Momentum Index Inches Up 1% in October
    HAMILTON, N.J. (Nov. 7, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 1% in October to 181.7 (2000=100) from the revised September reading of 180.3. Over
    Read More →: Dodge Momentum Index Inches Up 1% in October

  • Volvo Group & CRH Form Partnership to Accelerate Decarbonization
    Leaders from Volvo Group and CRH met in Eskilstuna, Sweden, on Nov. 13 to sign a Memorandum of Understanding (MoU) to collaborate on opportunities to accelerate the transition to net zero.
    Read More →: Volvo Group & CRH Form Partnership to Accelerate Decarbonization

  • McCarthy Begins Construction of 4 New Solar Projects in Texas & Arizona with 200 New Registered Apprenticeships
    PHOENIX (Nov. 13, 2023) – McCarthy Building Companies Inc. recently began construction of four new large-scale solar projects located in the Southwestern U.S. and are targeting Inflation Reduction Act (IRA) compliance.
    Read More →: McCarthy Begins Construction of 4 New Solar Projects in Texas & Arizona with 200 New Registered Apprenticeships

  • US Senate Votes to Reject ‘Buy America’ EV Charging Waiver
    WASHINGTON, (Nov. 8, 2023) — The U.S. Senate voted 50-48 to overturn President Joe Biden’s decision to waive some Buy America requirements for government-funded electric vehicle (EV) charging stations, but the
    Read More →: US Senate Votes to Reject ‘Buy America’ EV Charging Waiver

  • Fleetio Ranked 459th Fastest-Growing Company in North America
    Birmingham, Ala. (Nov. 8, 2023) — Fleetio, a fleet maintenance management software-as-a-service (SaaS) company, announced it ranked 459th on the Deloitte Technology Fast 500, a ranking of the fastest-growing technology, media,
    Read More →: Fleetio Ranked 459th Fastest-Growing Company in North America

  • Tarlton Tapped for Top 2023 Construction Keystone Award from AGC of Missouri
    ST. LOUIS (Nov. 8, 2023) — Tarlton Corp. garnered the AGCMO 2023 Project of the Year Award in the Specialty Contractor/Subcontractor category for its work on the proton therapy vault concrete
    Read More →: Tarlton Tapped for Top 2023 Construction Keystone Award from AGC of Missouri

  • Fecon Acquires Treefrogg LLC
    LEBANON, Ohio (Nov. 2, 2023) — Fecon LLC, a global manufacturer of heavy-duty site preparation attachments and forestry accessories, recently acquired Treefrogg LLC, a manufacturer of tree-trimming saw attachments for skid
    Read More →: Fecon Acquires Treefrogg LLC

  • ABC: All State Construction Unemployment Rates Remain Under 10% in September
    WASHINGTON (Nov. 2, 2023) — The not seasonally adjusted national construction unemployment rate was 0.4% higher in September 2023 from the previous year, up from 3.4% to 3.8%. According to a
    Read More →: ABC: All State Construction Unemployment Rates Remain Under 10% in September

  • Foresight Intelligence Introduces AI-powered, Voice-enabled Equipment Management Platform
    SCOTTSDALE, Ariz. (Nov. 7, 2023) — Foresight Intelligence, a data analytics software provider for the construction industry, has introduced new artificial intelligence (AI)-powered features for its Fleet Intelligence solution that can
    Read More →: Foresight Intelligence Introduces AI-powered, Voice-enabled Equipment Management Platform

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