June 10, 2025 — Volvo Construction Equipment (Volvo CE) is making a significant investment to expand production worldwide. For crawler excavators, three main sites will see approximately $261 million invested to expand crawler excavator production to meet growing customer demands, mitigate supply chain risks and reduce reliance on long-distance logistics. These sites include Shippensburg, Pennsylvania; Changwon, South Korea; and a location in Sweden.
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.
WASHINGTON(June 12, 2025) — The National Hispanic Construction Alliance (NHCA), a trade association powered by the National Association of Hispanic Real Estate Professionals (NAHREP) and dedicated to empowering the Hispanic community in the construction industry, announced the installation of its inaugural national board of directors.
BORDEAUX, France (June 10, 2025) — FAYAT Group has acquired a 100% stake in the Mecalac Group, which offers a wide range of compact construction equipment for urban worksites, including excavators, loaders, dumpers and backhoe loaders. The company has production units in France, Germany, the United Kingdom and Turkey.
PASADENA, Calif. (June 10, 2025) — Bluebeam, a developer of solutions and services for architecture, engineering and construction (AEC) professionals worldwide, announced a set of product updates aimed at helping project teams get more done, faster.
WEST FARGO, N.D. (June 9, 2025) — Bobcat Company, a global compact equipment, innovation and worksite solutions brand, has joined the nationwide effort of bringing awareness to forklift safety by highlighting proactive steps that promote productivity while providing education on safe operation.
DOUGLASSVILLE, Pa. (June 3, 2025) — American Crane & Equipment Corporation (ACECO) won first place in the 2025 Greater Reading Business Excellence Awards, hosted by the Greater Reading Chamber Alliance (GRCA). The company topped Category 1, which recognizes businesses with $1 million or more in annual revenue for the past three years, standing out among 50 distinguished companies.
BETHLEHEM, Pa. (May 28, 2025) — The Metal Building Contractors and Erectors Association (MBCEA) announced that Sasha Demyan, MBCEA executive director, has been elected to the Metal Construction Hall of Fame. She was presented with her award at the 56th Annual MBCEA Conference and MBMA Spring Meeting in Charlotte, North Carolina, on May 7.
BONITA SPRINGS, Fla. (June 2, 2025) — Herc Holdings Inc. announced that it has completed its acquisition of H&E Equipment Services Inc.
The construction industry had 248,000 job openings on the last day of April, according to an Associated Builders and Contractors (ABC) analysis of data. That is a 3,000 drop from March 2025, and a 78,000 drop from April 2024.
BOSTON (May 21, 2025) — Total construction starts were down 9% in April to a seasonally adjusted annual rate of $1.03 trillion, according to Dodge Construction Network.
SAN JOSE, Calif. (May 21, 2025) — Planera, a provider of visual CPM-based construction scheduling, announced that Zachry Construction Corporation has selected Planera to optimize its construction resources across multiple projects.
CHICAGO (May 22, 2025) — The Council on Tall Buildings and Urban Habitat (CTBUH) has announced the winners of its 2025 Award of Excellence competition, a robust slate of built and unbuilt projects from around the world that respond to current global challenges and demonstrate the vital role of tall buildings in the 21st century.
May 20, 2025 — As global construction demand surges to record highs, new research from Revizto, an integrated collaboration platform for architecture, engineering, construction and operations (AECO), exposes a critical crossroads for the $13 trillion global industry.
WESTMINSTER, Colo. (May 20, 2025) — Trimble announced the launch of Trimble Materials, an end-to-end purchasing, inventory and accounts payable software solution. It is designed to help contractors gain control over material costs with enhanced budget and inventory tracking.
FORT MYERS, Fla. (MAY 20, 2025) — EHC Inc., a construction firm known for its comprehensive preconstruction, earthwork and infrastructure services, announced its transition to an employee stock ownership plan (ESOP), marking a significant milestone in the company’s journey.
CARPINTERIA, Calif. & LONDON (May 20, 2025) — Procore Technologies Inc., a technology partner for every stage of construction, announced investments in its building information modeling (BIM) capabilities.
MENASHA, Wis. (May 13, 2025) — Faith Technologies Incorporated (FTI), a national organization focused on engineering, construction, manufacturing and clean energy, has been awarded a Platinum Bell Seal for Workplace Mental Health for the fourth consecutive year by Mental Health America (MHA).
TOWSON, Md. (May 13, 2025) — DeWalt, a Stanley Black & Decker brand and provider of total jobsite solutions, is further advancing its construction technology offerings with the launch of MSUITE Hangers, a hanger placement software addressing how mechanical, electrical and plumbing (MEP) and industrial contractors approach hanger layout and modeling.
May 7, 2025 — Construction workers, firefighters, military personnel and doctors — these are the “toughest jobs in America,” according to a new survey.
The poll included 2,000 Americans (1,000 of whom are trade workers), asking respondents what they believe the “toughest” jobs are and what comes to mind when they think of “tough jobs.”
DETROIT (May 12, 2025) — Two longtime Detroit-area construction executives, Matt Evans and Kent Jackson, have partnered to launch Invictus Builders LLC, a new commercial construction management firm in Detroit. Owners Evans, CEO, and Jackson, chief operating officer (COO), have tapped Dennis Archer Jr.