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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.

  • Royal Purple to Unveil New Products at SEMA Show & AAPEX 2021
    LAS VEGAS (Oct. 28, 2021) — Royal Purple Synthetic Oil will be exhibiting this year at the 2021 SEMA Show on November 2 – 5 and at AAPEX 2021 on November 2
    Read More →: Royal Purple to Unveil New Products at SEMA Show & AAPEX 2021

  • Bobcat Company Launches New E32, E35 25hp & E35 33hp R2-Series Excavators
    WEST FARGO, N.D. (Oct. 28, 2021) — Bobcat Company has announced three all-new models to its R2-Series compact excavator lineup. The E32, E35 25hp and E35 33hp compact excavators provide all the productivity
    Read More →: Bobcat Company Launches New E32, E35 25hp & E35 33hp R2-Series Excavators

  • Hitachi Construction Machinery Loaders America Renamed Hitachi Construction Machinery Americas Inc.
    NEWNAN, Ga. (Oct. 26, 2021) — As of October 1, Hitachi Construction Machinery Loaders America is now Hitachi Construction Machinery Americas Inc. The implementation of the company name change corresponds with Hitachi Construction
    Read More →: Hitachi Construction Machinery Loaders America Renamed Hitachi Construction Machinery Americas Inc.

  • Equipment Leasing & Finance Association’s Survey of Economic Activity
    WASHINGTON (Oct. 26, 2021) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment
    Read More →: Equipment Leasing & Finance Association’s Survey of Economic Activity

  • Hino Trucks Ushers in Third Generation of Vehicle Connectivity
    NOVI, Mich. (Oct. 26, 2021) — Hino Trucks is raising the bar once again in customer ownership experience with the introduction of Hino Edge, the company’s all-new, third generation connected vehicle
    Read More →: Hino Trucks Ushers in Third Generation of Vehicle Connectivity

  • HITT Contracting Thanks Frontline Construction Team Members with Unexpected Hardship Bonus
    FALLS CHURCH, Va. (Oct. 12, 2021) — HITT Contracting has awarded one-time hardship bonuses to essential frontline team members, dedicating more than $4 million in appreciation funds to employees that worked diligently and
    Read More →: HITT Contracting Thanks Frontline Construction Team Members with Unexpected Hardship Bonus

  • Only 14 States & D.C. Added Construction Jobs Since Pandemic Began
    ARLINGTON, Va. (Oct. 22, 2021) — Only 14 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to
    Read More →: Only 14 States & D.C. Added Construction Jobs Since Pandemic Began

  • Report: Nonunion Workers Suffer Up to 34% in Wage Theft Under Government-Mandated Project Labor Agreements
    WASHINGTON (Oct. 22, 2021) — Associated Builders and Contractors (ABC) has called attention to a new report that highlights the negative economic impact of controversial government-mandated project labor agreements on nonunion construction workers, who comprise 87.3% of the construction industry workforce.
    Read More →: Report: Nonunion Workers Suffer Up to 34% in Wage Theft Under Government-Mandated Project Labor Agreements

  • Demand for Design Services Continues to Increase
    WASHINGTON (Oct. 20, 2021) — Architecture firms continue to report increasing demand for design services in September, according to a report from The American Institute of Architects (AIA). The Architecture Billings Index
    Read More →: Demand for Design Services Continues to Increase

  • Construction Business Owner Magazine & Bridgit Present Webinar: ‘How Strategic Workforce Management Helps Complete Work With Limited Resources’
    BIRMINGHAM, Ala. (Oct. 20, 2021) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Bridgit. The live, online event,
    Read More →: Construction Business Owner Magazine & Bridgit Present Webinar: ‘How Strategic Workforce Management Helps Complete Work With Limited Resources’

  • Total Construction Starts Rebound in September
    HAMILTON, N.J. (Oct. 19, 2021) — Total construction starts rose 10% in September to a seasonally adjusted annual rate of $889.7 billion, according to Dodge Construction Network. All three sectors improved:
    Read More →: Total Construction Starts Rebound in September

  • Caterpillar Names First Chief Sustainability & Strategy Officer and Will Enhance Climate-Related Disclosures
    DEERFIELD, Ill. (Oct. 19, 2021) — Caterpillar Inc. is creating the position of chief sustainability & strategy officer, enhancing its environmental, social and governance (ESG)-related disclosures and tying a portion of
    Read More →: Caterpillar Names First Chief Sustainability & Strategy Officer and Will Enhance Climate-Related Disclosures

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