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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.

  • Procore Acquires Esticom
    CARPINTERIA, California (October 27, 2020)—Procore Technologies Inc. announced it has acquired Esticom, a cloud-based estimating and takeoff solution and provider of preconstruction technology. This acquisition will add powerful estimating functionality to the Procore platform, complementing Procore’s
    Read More →: Procore Acquires Esticom

  • Hilti Unveils BIM-Enabled Jobsite Robot
    Hilti introduced its first robot, Jaibot, for semi-autonomous mobile ceiling-drilling. The Hilti Jaibot construction robot will help mechanical, electrical and plumbing (MEP) installation contractors tackle productivity, safety and labor shortage challenges. With this new construction
    Read More →: Hilti Unveils BIM-Enabled Jobsite Robot

  • Only 8 States Top February Peak in Construction Employment Despite Gains in 32 States Last Month; More Losses Loom Without Loan Renewal
    NATIONAL (October 20, 2020)—Only eight states and the District of Columbia have recouped the severe pandemic-induced losses of construction jobs that occurred last spring, according to an analysis by the Associated General Contractors
    Read More →: Only 8 States Top February Peak in Construction Employment Despite Gains in 32 States Last Month; More Losses Loom Without Loan Renewal

  • U.S. Single-Family Home Construction Increases 1.9% in September
    Single-family starts showed continued growth in September as overall housing production increased 1.9% to a seasonally adjusted annual rate of 1.42 million units, according to a report from the United States Department of
    Read More →: U.S. Single-Family Home Construction Increases 1.9% in September

  • Autodesk Announces International BuildingConnected Expansion
    San Rafael, California (October 13, 2020)—Autodesk Inc. recently announced the international expansion of BuildingConnected, a construction management solution that centralizes and streamlines the bidding process, and encompasses the Autodesk Construction Cloud builders network,
    Read More →: Autodesk Announces International BuildingConnected Expansion

  • Hino Trucks Announces Plan for Zero Emissions at Virtual Event
    Long Beach, California—Hino Trucks announced, Project Z, the company’s development path to zero emissions vehicles (ZEV), ranging from class 4 to class 8.  The ZEV products ranged from a class 5
    Read More →: Hino Trucks Announces Plan for Zero Emissions at Virtual Event

  • Construction Business Owner Magazine & AvidXchange Present Webinar: ‘7 Reasons to Move Your AP Processes Into the Future’
    Birmingham, Ala. (Oct. 16, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with AvidXchange. The live, online event, “7 Reasons
    Read More →: Construction Business Owner Magazine & AvidXchange Present Webinar: ‘7 Reasons to Move Your AP Processes Into the Future’

  • Construction Industry Continues To Feel Impact of the COVID-19 Pandemic
    NATIONAL (October 15, 2020)—Turner Construction Company announced that the Q3 2020 Turner Building Cost Index—which measures costs in the nonresidential building construction market in the United States—has decreased to a value
    Read More →: Construction Industry Continues To Feel Impact of the COVID-19 Pandemic

  • Construction Starts Drop in September
    NEW JERSEY (October 15, 2020)—Total construction starts dipped 18% in September to a seasonally adjusted annual rate of $667.7 billion, essentially taking back August’s gain. While some of this decline is
    Read More →: Construction Starts Drop in September

  • Construction Business Owner Magazine Announces 10 Finalists for Outstanding Women in Construction Honor
    Birmingham, Ala. (Oct. 16, 2020)—Construction Business Owner (CBO), the leading business magazine for contractors, is pleased to announce the 10 finalists of its Outstanding Women in Construction (OWIC) 2020 honor. OWIC
    Read More →: Construction Business Owner Magazine Announces 10 Finalists for Outstanding Women in Construction Honor

  • Construction Backlog Slips in September; Contractors Remain Optimistic, Says ABC
    WASHINGTON (October 13, 2020)—Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 months from August’s reading, according to an ABC member survey
    Read More →: Construction Backlog Slips in September; Contractors Remain Optimistic, Says ABC

  • Softwood Lumber Prices Up 81.2% from Last Year, Construction Input Prices Increase 1.6%
    WASHINGTON (October 14, 2020)—Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released today by the United States
    Read More →: Softwood Lumber Prices Up 81.2% from Last Year, Construction Input Prices Increase 1.6%

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