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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.

  • HCSS to Be Acquired by Thoma Bravo
    HOUSTON (Sept. 14, 2021) — HCSS, the leading supplier of estimating, operations and fleet management software, has announced that it has entered into a definitive agreement to be acquired by Thoma
    Read More →: HCSS to Be Acquired by Thoma Bravo

  • Jack Bowen Named Chief Executive Officer Of EMJ Corporation
    CHATTANOOGA, Tenn. (Sept. 15, 2021)  — Jack Bowen, President of EMJ Corporation, has been appointed as Chief Executive Officer in addition to his current role. Burt Odom, EMJ’s current CEO, will
    Read More →: Jack Bowen Named Chief Executive Officer Of EMJ Corporation

  • Study from Autodesk & FMI Finds Better Data Strategies Could Save the Global Construction Industry $1.85T
    SAN FRANCISCO (Sept. 14, 2021) — Autodesk, Inc. and management consulting firm FMI Corporation today released the results from a new study, “Harnessing the Data Advantage in Construction,” which surveyed over 3,900 professionals across
    Read More →: Study from Autodesk & FMI Finds Better Data Strategies Could Save the Global Construction Industry $1.85T

  • ABC’s Construction Backlog Indicator Plummets in August; Contractor Confidence Down
    WASHINGTON (Sept. 14, 2021) — Associated Builders and Contractors reports today that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted Aug.
    Read More →: ABC’s Construction Backlog Indicator Plummets in August; Contractor Confidence Down

  • Restoration Builders Acquires Palazzo Restoration & its Online Roofing Sales Business
    SCOTTSDALE, Ariz. (Sept. 9, 2021) — In a strategic move to initiate its online sales efforts, Restoration Builders, Inc. has  announced it has completed an asset purchase agreement for the acquisition of Palazzo Restoration,
    Read More →: Restoration Builders Acquires Palazzo Restoration & its Online Roofing Sales Business

  • Biden, OSHA To Require All Employers With 100+ Workers to Mandate Vaccinations
    WASHINGTON (Sept. 9, 2021) — President Biden has announced a new effort to combat the ongoing COVID-19 pandemic. For construction business owners of 100 or more employees this may soon mean
    Read More →: Biden, OSHA To Require All Employers With 100+ Workers to Mandate Vaccinations

  • Construction Sheds 3,000 Jobs in August; Gains Are Limited to Homebuilding As Other Contractors Struggle to Fill Both Craft & Salaried Positions
    ARLINGTON, Va. (Sept. 7, 2021) — The construction industry lost 3,000 jobs between July and August as ongoing declines in nonresidential segments offset a pickup among residential building and remodeling firms,
    Read More →: Construction Sheds 3,000 Jobs in August; Gains Are Limited to Homebuilding As Other Contractors Struggle to Fill Both Craft & Salaried Positions

  • Nonresidential Construction Spending Weak in July, Says ABC
    WASHINGTON (Sept. 1, 2021) — National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau. On a seasonally
    Read More →: Nonresidential Construction Spending Weak in July, Says ABC

  • Hurricane Ida Damage Expected to Hit $80M
    NEW ORLEANS (Sept. 1, 2021) — Hurricane Ida has been downgraded to a tropical depression but not before leaving more than a million people, and the entirety of New Orleans, without
    Read More →: Hurricane Ida Damage Expected to Hit $80M

  • Trimble Launches $200M Venture Fund
    SUNNYVALE, Calif. (Aug. 31, 2021) — Trimble has announced  the creation of Trimble Ventures, a venture fund focused on investing in early and growth-stage innovative companies that align with Trimble’s mission of transforming work
    Read More →: Trimble Launches $200M Venture Fund

  • CMP Pumping Acquires Febcon Concrete Pumping
    CHARLOTTE, N.C., (Aug. 30, 2021) — Concrete & Materials Placement (CMP), a concrete pumping company serving the Carolinas, has announced the strategic acquisition of Febcon Concrete Pumping, a Michigan-based concrete pumping company as of
    Read More →: CMP Pumping Acquires Febcon Concrete Pumping

  • Restoration Builders Adds Hubert Bourque to its ESG & Technology Group
    SCOTTSDALE, Ariz. (Aug. 26, 2021)— Restoration Builders, Inc. has announced that it has added Hubert Bourque to its ESG and Technology Group. He will guide the design, operations and environmental performance of technologies
    Read More →: Restoration Builders Adds Hubert Bourque to its ESG & Technology Group

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