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 23, 2016) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies repres
MENLO PARK, California (June 24, 2016) --Kespry recently announced the close of a Series B equity-financing round of $16 million that includes investments from DCM Ventures and Lightspeed Venture Partners. With these funds, Kespry is hiring more engineering and service teams to ramp-up production and serve customers.
WATERTOWN, South Dakota (June 14, 2016) – To keep mechanics and service technicians up-to-date on the latest Terex equipment technologies and equipment advancements, Terex Utilities hosted its annual Service School on June 7-9, 2016, in Watertown, South Dakota. At this year’s event, the Terex Service Department hosted 59 people, representing 38 utility companies. Attendees came from as far away as Australia, China and New Zealand to participate.
MT. PROSPECT, Illinois (June 14, 2016) – Training in the construction industry is sometimes the difference between making a profit or not – it’s that important. The only thing that makes some of the best power tool training in the industry better is when it comes to you. And that’s exactly what the 2016 Bosch Power Tools Mobile Tour is all about – bringing great training and information to the jobsite.
WASHINGTON (June 20, 2016) — Autodesk and Associated Builders and Contractors (ABC) announced a strategic partnership built on a shared vision of enabling construction professionals to work smarter by harnessing the power of the digital era to help increase productivity, reduce redundancy and eliminate waste.
NEW ORLEANS, Louisiana (June 20, 2016) – EY recently announced that Wesley Palmisano, CEO of Palmisano, a New Orleans commercial contracting firm, received the EY Entrepreneur Of The Year 2016 Award in the industrial services and construction category in the Gulf Coast Area. This year marks the 30th anniversary of the EY Entrepreneur Of The Year Award program.
WASHINGTON (June 21, 2016) – The Equipment Leasing & Finance Foundation (the Foundation) releases the June 2016 Monthly Confidence Index f
FARLEY, Iowa (June 20, 2016) – Bandit Industries Inc. announced it has added Iowa-based J.P. Scherrman Inc. to the company’s growing dealership network. Headquartered in Farley, Iowa, J.P. Scherrman offers sales, parts and service for Bandit hand-fed wood chippers and stump grinders. The dealership will serve Bandit customers throughout northeast and east central Iowa, including the metropolitan areas of Dubuque, Davenport, Waterloo and Cedar Rapids.
BURR RIDGE, Illinois (June 20, 2016) – Weil-McLain has optimized its website with additional features, content and resources in a sleek, easy-to-navigate design.
WEST HARTFORD, Connecticut (June 8, 2016) – Legrand, North America recently released its latest installment in a series of white papers examining trends and drivers in the rapidly expanding High Performance Buildings (HPB) market.
KATY, Texas (June 7, 2016) – Kobelco Construction Machinery USA recently celebrated the opening of its new hydraulic excavator production facility in North America. Construction of the $41 million facility was completed within 1 year and presently, it’s ramping up to mass produce 1,800 units/year.
NEW YORK (June 7, 2016) – The Dodge Momentum Index rose 2.4 percent in May to 119.4 from its revised April reading of 116.6 (2000=100). 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.
MOLINE, Illinois (June 13, 2016) -- Christine Wehrman, CEO and executive vice president of the American Rental Association (ARA), located in Moline, Illinois, was presented with the European Rental Association (ERA) Lifetime Achievement Award during a special ceremony as part of the ERA’s European Rental Awards 2016 dinner at the ERA’s 10th annual convention in Stockholm on Wednesday, June 8, 2016.
MORRIS, Minnesota (June 13, 2016) – Superior Industries Inc. is expanding its partnership with longtime conveying equipment dealer, RB Scott Company Inc. In addition to conveyors and conveyor components, the Eau Claire, Wisconsin-based dealer of processing equipment and wear parts will also represent Superior’s lines of wet processing equipment and portable processing plants.
WASHINGTON (June 3, 2016) – The American Public Works Association (APWA) applauds Congressman Ryan Costello (PA- 06) and Congresswoman Dina Titus (NV-01) on their formation yesterday of the United States House Public Works and Infrastructure Caucus. The bipartisan caucus was formed to raise awareness of the critical importance of public works and infrastructure.
WASHINGTON (June 1, 2016) —Construction employment rates improved in 44 states and the nation in April on a year-over-year basis, according to analysis of Bureau of Labor Statistics (BLS) data rel
IRVING, Texas - May 23, 2016 – The Plastics Pipe Institute Inc. (PPI) announced this year’s winners being acknowledged for exceptional service and significant industry contributions involving the use of various types of plastics in pipe infrastructure.
EDMONTON, AB (May 31, 2016) – Legacy Building Solutions announced the Solar Ship Brantford off-grid hangar, a joint venture with Canadian Energy and Solar Ship Inc. has been awarded the “Game Changer Project of the Year” by Canadian Solar Industries Association (CanSIA).
NORCROSS, Georgia (June 1, 2016) – Hyundai Construction Equipment Americas announced the expansion of its North American authorized dealer network with the addition of four dealerships, including three in the United States and one in Canada.
