HAMILTON, N.J. (March 28, 2017) – New Day Underwriting Managers LLC announced the results of the 2017 Market Update highlighting the trends and challenges currently confronting the environmental and construction-related professional liability industry. The analysis navigates the complex marketplace with insights and predictions designed to help insurance professionals and their customers minimize risk and overcome construction challenges.
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.
ATLANTA — Kahua announced it has integrated with PlanGrid, the leader in construction software for the field, allowing the company’s mobile construction apps to be live and available to all customers in the Kahua Network.
SAN DIEGO (March 28, 2017) – The Raken App was recently chosen to participate in Facebook’s Start Accelerate program. The Facebook Start Accelerate Track is for startups that are thriving but are now looking to scale.
FARMINGTON HILLS, Mich. (March. 22, 2017) — The ongoing evolution of the commercial truck industry was on full display at The Work Truck Show 2017 in Indianapolis, Indiana, last week.
KANSAS CITY (March 28, 2017) – Architects, engineers and builders aspire to create sustainable buildings. Yet accurately measuring building performance throughout the design process has proved costly and time intensive. PlanIT Impact today announced a smart modeling platform for cities. The first tool provides the fastest and most affordable solution for designers to understand the cost and ROI impact of energy and water.
NASHVILLE, Tenn. (March 23, 2017) – Firestone is giving hardworking members of the off-the-road (OTR) industry an opportunity to enter to win a trip for two people to “the Greatest Spectacle in Racing” – the Indy 500.
ATLANTA (March 21, 2017)—Winter Construction has broken ground on a new hotel in Midtown Atlanta. The hotel by Marriott is dual branded as AC Hotel and Moxy Hotel. The Moxy, designed for millennials, will be Marriott’s new brand debut in Georgia. Noble Investment Group is the developer.
WASHINGTON (March 22, 2017)—The Architecture Billings Index (ABI) returned to growth mode in February, after a weak showing in January. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the February ABI score was 50.7, up from a score of 49.5 in the previous month.
WASHINGTON (March 23, 2017) —The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new
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Birmingham, AL (March 21, 2017)—Construction Business Owner, the leading business management magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.
ROCK HILL, S.C. (March 16, 2017) – Atlas Copco has produced its first piece of equipment, an XAS 185 portable air compressor, at its new production facility in Rock Hill, South Carolina. Facility construction, which began in January 2016, included lean manufacturing features to enable efficient and flexible processes that are sustainable for the environment.
MAGOG, Quebec (March 7, 2017)—Camso, formerly Camoplast Solideal, increases its warranty terms for its mini-excavator tracks (MEX HXD and MEX SD) and stands behind its claim of having the toughest most performing tracks on the market.
HOUSTON (March 6, 2017)—Eiffel Trading has launched an updated version of the first online marketplace for participants in the heavy civil, marine, and oilfield industries to buy, sell and rent used and surplus equipment and material. The new platform removes the need for intermediary support during the procurement process for these types of goods, resulting in higher cost-savings for users.
SAN DIEGO (March 8, 2017) – Smith Consulting Architects has completed the design, entitlements, construction documents and construction administration for the new Shea Center Carlsbad, a 114,522-square-foot, Class-A industrial complex located at 6131-6133 Innovation Way, Carlsbad, Calif., within the exclusive master-planned community of Bressi Ranch.
LAS VEGAS – The most advanced, powerful and efficient diesel equipment and technology for construction and industrial use will be unveiled to the public at the international CONEXPO-CON/AGG 2017 convention.
SOUTH JORDAN, Utah (March 6, 2017)—Nearmap Ltd. is pleased to announce it has been selected as the winner of the 2017 Esri Partner Conference Best New Content Partner Award. This award is a recognition for excellence in content delivery by a partner that has been in the Esri Partner Network for 2 years or less.
SAN FRANCISCO (March 8, 2017) - EPIC Insurance Brokers and Consultants announced that EPIC has been recognized among an elite group of U.S. specialty brokers by Insurance Business America (IBA).
NAPLES, Fla. (March 13, 2017) – EHC Inc. has announced 7 new projects beginning in 2017, as well as the launch of 12 projects and successful completion of 5 projects throughout Southwest Florida in 2016.
INTERNATIONAL (March 13, 2017) - During the past 3 years, forklift prices fell as a direct result of falling steel prices, which decreased production costs for suppliers.