Construction Industry News

NEW YORK (December 22, 2016) – At a seasonally adjusted annual rate of $638.3 billion, new construction starts in November retreated 6 percent from October, according to Dodge Data & Analytics.  Each of the three major construction sectors experienced reduced activity in November.  Nonresidential building continued to recede from its elevated September pace, even with the November start of several large projects, most notably the $3.0 billion new football stadiu

SAN DIEGO, Calif. (December 20, 2016) — San Diego-based eSUB Construction Software (eSUB) announced a $5 million Series A investment from Revolution Ventures. The construction tech startup previously received investment from The Investor Group, led by Sheldon Lewis, Raymond Levitt and the Stanford Farmers Investment Club, a group of Stanford professors that make angel investments.

WEST FARGO, N.D. (December 12, 2016) - Bobcat Company has expanded its dealer network with the addition of Bobcat of Dallas-McKinney as an authorized new and used sales, service and parts provider of Bobcat equipment. The dealership is located in Melissa, Texas, and is the fifth location of Bobcat of Dallas.

NATIONAL (December 12, 2016) — The green building industry’s consortium of program operators announced the addition of two new affiliate members: NRMCA (National Ready Mixed Concrete Association), a concrete advocate organization and Sustainable Solutions Corporation, an environmental consulting firm.

LOUISVILLE, Ky. (December 12, 2016) – Bandit Industries welcomes Louisville Tractor Inc. as the company’s newest Bandit Authorized Dealer for small equipment sales, parts and service.

Louisville Tractor will serve customers in southern Indiana and north central Kentucky, focusing on hand-fed chippers and stump grinders.

MOLINE, Ill. (December 12, 2016) - To help those in the equipment rental industry, their families and communities severely affected by the wildfires that ravaged Gatlinburg and parts of Pigeon Forge, Tennessee, the ARA of Tennessee and the ARA Foundation have joined forces to donate $6,000 to the American Red Cross for relief efforts. This donation combines $3,000 from the ARA of Tennessee and a $3,000 match from the ARA Foundation through its Matching Funds Program.

WASHINGTON (December 7, 2016) – The Portland Cement Association (PCA) announced that United States cement consumption is on track to see 2.7 percent growth in 2016, making a downward revision of a previous annual growth estimate of 4 percent reported earlier this year. PCA also revised its 2017 U.S.

NEW YORK (December 7, 2016) – The Dodge Momentum Index moved 0.3 percent higher in November to 133.2 from its revised October reading of 132.7. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

(NATIONAL) December 6, 2016 - Kathryn Richter, partner in Sedgwick's Construction Practices Group, will speak at the 3rd Annual California Construction Law Conference in Santa Monica, California on January 19-20.

HAMILTON, N.J. (December 1, 2016) – Joseph Nawa, a senior consultant at New Day Underwriting Managers LLC recently discussed the risks associated with everyday liability exposures at the 36th Annual IRMI Construction Risk Conference, held in Orlando, Florida. 

CHATTANOOGA, Tenn. ( November 30, 2016) – McCarthy Building Companies and HKS Architects Inc. have completed the expansion of the surgical center and construction of the new patient tower at Erlanger East Hospital in Chattanooga, Tennessee.

NATIONAL (November 30, 2016) - The launch of Volvo Construction Equipment’s (Volvo CE) global website is the culmination of a project that enables the company’s online presence to be more valuable to customers, the media, jobseekers and other interested stakeholders. In addition to providing product and service information, the global site also gives visitors an insight into the company’s long history, what Volvo CE believes in and the values at the core of the business.

WASHINGTON (November 29, 2016) — October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released tod

COCOA BEACH, Fla. (November 21, 2016) – Pirtek USA has honored Bert Banaszak of Pirtek O’Hare in Chicago, Illinois, as its National Operations Manager of the Year. Banaszak and several other managers received awards during Pirtek’s 2016 Operations Managers Conference on November 5 in Cocoa Beach, Florida.

The 15th annual meeting gave operations managers from around the country an opportunity to network and learn best practices from one another.

NEW YORK (November 22, 2016) – New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics. Nonresidential building retreated from its brisk September pace, which was this sector’s strongest volume so far in 2016.

RACINE, Wis., (November 17, 2016) - CASE Construction Equipment and Sonsray Machinery provided equipment and product training support for a Team Rubicon operation and land-clearing project at the “Family Camp at Yosemite,” run by the City of San Jose Parks and Recreation Department, in Groveland,

LAS VEGAS (November 7, 2016) — Trimble announced it has entered into a definitive agreement to acquire privately-held Building Data, based in Rocklin, California.

Washington, DC (November 16, 2016) – After seeing consecutive months of contracting demand for the first time in 4 years, the Architecture Billings Index (ABI) saw a modest increase demand for design services. 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.

NEW YORK (November 21, 2016) – Dodge Data & Analytics has partnered with STACK Construction Technologies to integrate Dodge’s leading data and analytics with STACK’s cloud-based takeoff and estimating tools. The partnership will put Dodge’s extensive project data and STACK’s easy-to-use takeoff and estimating software in the hands of contractors and subcontractors through a seamless user experience.

MILWAUKEE, Wis. (November 22, 2016)- The Association of Equipment Manufacturers (AEM) honored Manitou Americas Inc. with its "Pillar of the Industry" award, reflecting Manitou Americas work to improve the business environment for the equipment manufacturing industry during this election year.