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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.

  • Construction Starts Drop 6% as Fewer Megaprojects Move Forward
    HAMILTON, N.J. (Oct. 18, 2023) — Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential starts lost 4%,
    Read More →: Construction Starts Drop 6% as Fewer Megaprojects Move Forward

  • Schimenti Construction Announces Transition to Employee-Owned Company
    NEW YORK (Oct. 25, 2023) — Schimenti Construction, a construction services firm, announced its transition to an employee stock ownership plan (ESOP). This step highlights the company’s commitment to its customers, trade
    Read More →: Schimenti Construction Announces Transition to Employee-Owned Company

  • Mycrane Appoints President to Drive US Rollout
    Dubai, United Arab Emirates (Oct. 26, 2023) — Online crane rental platform Mycrane has appointed Jason Brough as President, USA to lead its growth in the U.S.   Based in Birmingham, Alabama, Brough will
    Read More →: Mycrane Appoints President to Drive US Rollout

  • Felling Trailers Announces Winner of 11th Annual Trailer for a Cause
    SAUK CENTRE, Minn (Oct. 25th, 2023) — Felling Trailers Inc. conducted its eleventh annual online auction of an FT-3 drop deck utility trailer to benefit a nonprofit organization: Pockets of Hope.
    Read More →: Felling Trailers Announces Winner of 11th Annual Trailer for a Cause

  • ABC: Monthly Construction Input Prices Increase Slightly in September, Led by Higher Energy Prices
    WASHINGTON (Oct. 11, 2023) — Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor
    Read More →: ABC: Monthly Construction Input Prices Increase Slightly in September, Led by Higher Energy Prices

  • WINT Joins Global ESG Impact Innovation Program
    NEW YORK (Oct. 19, 2023) — WINT Water Intelligence, a provider of water management and leak-prevention solutions for construction, commercial, residential and industrial applications, has been selected for the ESG Impact
    Read More →: WINT Joins Global ESG Impact Innovation Program

  • Equipment Leasing & Finance Foundation Projects Slower Growth in Equipment & Software Investment Over Remainder of Year
    WASHINGTON (Oct. 17, 2023) — After a strong second quarter, equipment and software investment growth is expected to slow over the remainder of the year, according to the Equipment Leasing & Finance
    Read More →: Equipment Leasing & Finance Foundation Projects Slower Growth in Equipment & Software Investment Over Remainder of Year

  • Kobelco Announces the Retirement of Greg Ballweg
    KATY, Texas (Oct. 17, 2023) — Kobelco Construction Machinery USA, a global crawler excavator and crawler crane manufacturer, announced the retirement of Greg Ballweg.   Kobelco provided the following statement: “It is
    Read More →: Kobelco Announces the Retirement of Greg Ballweg

  • Sage Expands Construction Cloud Suite to Deliver Preconstruction and Project Management Solutions
    ATLANTA (Oct. 10, 2023) — Sage, a software provider for small and midsized businesses in the construction industry, announced the expansion of its construction cloud suite. With the launch of Sage Construction Management, Sage
    Read More →: Sage Expands Construction Cloud Suite to Deliver Preconstruction and Project Management Solutions

  • Thompson Engineering Announces New CEO
    MOBILE, Ala. (Oct. 12, 2023) — Thompson Engineering, a multidisciplined engineering firm with offices in eight Southeastern states, announced Kendall Kilpatrick will be the company’s CEO effective Jan. 1, 2024. Kilpatrick
    Read More →: Thompson Engineering Announces New CEO

  • Montabert USA Launches New Rebuild & Repair Facility
    NASHVILLE, Ill. — On Thursday, Sept. 28, Montabert USA celebrated the launch of its new in-house repair and remanufacturing capabilities at the company’s North American Operations facility in Nashville, Illinois, about
    Read More →: Montabert USA Launches New Rebuild & Repair Facility

  • Construction Business Owner Magazine Announces 8 Finalists for Outstanding Women in Construction 2023
    BIRMINGHAM, Ala. (Oct. 12, 2023) — Construction Business Owner (CBO), the leading business magazine for contractors, is pleased to announce the eight finalists of its Outstanding Women in Construction (OWIC) 2023
    Read More →: Construction Business Owner Magazine Announces 8 Finalists for Outstanding Women in Construction 2023

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