SUWANEE, Ga. (July 2, 2025) — HD Hyundai, headquartered in Seoul, South Korea, will merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment, effective Jan. 1, 2026.
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 (July 1, 2025) — Senate Republicans hauled President Donald Trump’s big tax breaks and spending cuts bill to passage Tuesday by the narrowest of margins, pushing past opposition from Democrats and their own GOP ranks after a turbulent overnight session.
WEST FARGO, N.D. (July 1, 2025) — Bobcat Company had appointed Laura Ness Owens as chief marketing officer (CMO). In this newly established executive role, Ness Owens will lead global marketing, brand, customer experience and corporate communications strategies for the organization.
RBA Builders LLC, a full-service general contractor in California, announced a key leadership transition. Allan Quan, vice president finance since 2017, is retiring in 2025 to spend more time with family. Quan has played a pivotal role in guiding the company’s financial strategy during times of significant growth and industry change.
A new industry report from Bridgit reveals that 98% of construction leaders plan to increase investments in workforce planning over the next year, with nearly all turning to artificial intelligence (AI), automation and advanced analytics to navigate the construction industry’s intensifying labor crisis.
SAN DIEGO (June 24, 2025) — Samsara Inc. unveiled more than a dozen artificial intelligence (AI)-powered solutions for physical operations. Fueled by Samsara’s open platform, these solutions empower organizations to operate smarter — and alter the industry’s approach to the safety of frontline teams.
IRVING, Texas (June 23, 2025) — Caterpillar has recently launched a comprehensive library of how-to videos and articles for customers that prefer to do their own maintenance and repairs. This library includes a new series of do-it-yourself (DIY) videos designed to help customers confidently maintain their Cat equipment.
WASHINGTON (June 18, 2025) — The American Institute of Architects/Deltek Architecture Billings Index (ABI) remained in negative territory in May with a score of 47.2, up from 43.2 in April. Any score below 50 indicates a billings decline, although this month’s score indicates that somewhat fewer firms reported a decline in billings in May than in April.
SAN ANTONIO (June 19, 2025) — Skanska USA Building has announced the promotion of three people in its Texas market to project executive: Blake Beran, Tom Hull and Ben Johnson. All three exhibit exceptional leadership and relationship skills, ensuring building projects are properly managed from start to finish.
BREESE, Ill. (June 18, 2025) — Poettker Construction Company is celebrating 45 years in business as a multigenerational, family-owned construction firm supporting a diverse portfolio of projects in markets across the country.
Founded in 1980 by Charles Poettker, the company has grown into a $400 million construction firm specializing in construction management, design-build services and general contracting.
WASHINGTON (June 12, 2025) — Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.3% for the month.
RACINE, Wis. (June 17, 2025) — CASE Construction Equipment has released an all-new “Heavy Metal” Hetfield Limited Edition TV450B compact track loader ready to roar onto jobsites.
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.
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.