Welcome to our Construction Industry News page, where we bring you the latest updates on mergers and acquisitions, key new hires, and significant industry shifts. Stay informed with breaking news and in-depth reporting to keep up with the fast-paced changes shaping the construction business.

UPPER SADDLE RIVER, N.J. (Dec. 12, 2024) — EarthCam, a provider of live camera technology, content and services, announced the release of its newly upgraded Live Weather Service. Weather is a critical factor for construction management, and can cause delays, force-majeure claims, and safety concerns. EarthCam’s service features new weather sensors that generate on-location weather data, combined with live cameras to automate a complete record of jobsite conditions.

CHICAGO (Dec. 2, 2024) — BuiltWorlds’ recently released 2024 Offsite Construction Annual Benchmarking Report paints the sector as one in the midst of an evolution, revealing widespread internal prioritization of off-site construction as well as increasingly diversified facilities and methods.

LAS VEGAS (Dec. 3, 2024) — The Concrete Industry Management (CIM) program — a business-intensive program that awards students with a four-year Bachelor of Science degree in Concrete Industry Management — announced that one of the signature items for its annual auction at World of Concrete is a 2025 Mack Granite 64FR chassis donated by Mack Trucks and equipped with a Revolution Bridgemaster Mixer donated by Revolution Concrete Mixers.

INDIANOLA, Iowa (Dec. 3, 2024) — Cemen Tech, the largest manufacturer of volumetric concrete mixers and concrete production equipment, announced Fred Vincent as the new national used and rental equipment manager. With more than 25 years of experience in heavy truck dealer operations, Vincent will drive growth in Cemen Tech’s rental and used equipment divisions.

BIRMINGHAM, Ala. (Dec. 3, 2024) — Launching its new humanitarian Jump Start Initiative, Fleetio has awarded a free subscription for its fleet optimization software to Shake-A-Leg Miami (SALM), a nonprofit dedicated to providing watersports opportunities and activities for people with disabilities, veterans and their families.

 

WASHINGTON (Dec. 2, 2024) — National nonresidential construction spending decreased 0.4% in October, according to an Associated Builders and Contractors (ABC) analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.228 trillion.

SCHAUMBURG, Ill. (Dec. 1, 2024) — The Concrete Reinforcing Steel Institute (CRSI) announced the promotion of David Fanella, Ph.D., P.E., S.E., F.ACI, F.ASCE, F.SEI, to the position of vice president of engineering. In this role, Fanella is responsible for overseeing all technical activities performed by the CRSI engineering team.

Munich & Atlanta (Nov. 21, 2024) — The Nemetschek Group  announced its participation in a Series B funding round for Document Crunch, a technology company dedicated to transforming document compliance and risk management for the construction industry. The investment and partnership with Nemetschek will enable Document Crunch to accelerate growth, expand its platform, enhance the technology and increase its market reach.

DENVER (Nov. 20, 2024) — Procore Technologies Inc. a global provider of construction management software, today at Groundbreak 2024 announced the launch of its Procore AI solutions. This includes its new artificial intelligence (AI)-powered Agents. It is designed to enhance project efficiency, improve decision-making, and enable smarter, faster and more seamless workflows. Procore AI, built on Procore’s unified platform, is powered by Procore Agents, Insights and Copilot.

Nov. 20 , 2024 — Seventy percent of businesses have been impacted by distracted driving incidents, according to a new survey conducted by Teletrac Navman, a Vontier company and the connected mobility platform for industries that manage vehicle and equipment assets, with mobile phone use being cited as the leading cause by 68% of survey respondents.

SCOTTSDALE, Ariz. (Nov. 13, 2024) — Arcoro, a provider of human resources management (HR) solutions for construction and field-based industries, announced that the company's board of directors has appointed Dave Gray as CEO, effective immediately. Gray, an internet technology industry veteran, most recently served as CEO of Daxko, a technology partner for health and fitness centers worldwide. He will assume Arcoro’s day-to-day leadership and join its board of directors.

MCCONNELLSBURG, Pa. (Nov. 12, 2024) — JLG Industries Inc., an Oshkosh Corporation business and global manufacturer of mobile elevating work platforms and telehandlers, named Rogerio dos Santos Vice President EMEAI Region and Global Strategy/Mergers and Acquisitions for Access Equipment.

FARMINGTON HILLS, Mich. (Nov. 5, 2024) — The 10th annual ACI Excellence in Concrete Construction Awards showcased dozens of innovative concrete projects from around the world.

The "Overall Excellence” award was presented to TSX Broadway — Palace Theater, located in New York. The winning concrete project also received first place in the Repair & Restoration Structures category during the ACI Concrete Convention on Nov. 4.

TOWSON, Md. (Nov. 11, 2024) — DeWalt, a Stanley Black & Decker brand and provider of total jobsite solutions, announced in-market availability across North America of DeWalt Powershift, a cordless equipment system designed to optimize the workflow of concrete and construction jobsites through electrification.

HOUSTON (Nov. 5, 2024) — Mitsubishi Logisnext Americas Inc. (Logisnext), a North American provider and manufacturer of material handling and innovative automation and fleet solutions, donated motorized Mitsubishi Forklift pallet trucks to the  Houston Food Bank (HFB). As one of the largest food bank in the nation, HFB plays a vital role in distributing food to those in need across southeast Texas.