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.
MILWAUKEE (March 7, 2016) – Smart asphalt and aggregates professionals who want to examine the latest industry product innovations and discover the latest industry best practices are headed to the 2016 World of Asphalt Show & Conference and AGG1 Academy & Expo, March 22-24, at the Music City Center in Nashville, Tennessee.
FAIRFAX, Minnesota (March 1, 2016) – Alberta E-House manufactures electrical buildings for the petro-chemical industry and for 25 years, assembled modular buildings outdoors in occasionally less than ideal conditions. Schweiss Doors was able to help bring the work indoors by constructing bifold, liftstrap doors large enough to extricate assembled portions of Alberta E-House buildings.
WASHINGTON (February 24, 2016) — 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 business volume for January was $6.0 billion, down 12 percent from new business volume in January 2015.
PLEASANTON, California (February 18, 2016) - IronPlanet sold more than 2,350 items for $93.8 million in gross merchandise volume, or GMV, at its Cat Auction Services unreserved public auction in Kissimmee, Florida, last week. GMV from IronPlanet’s 5-day sale held from February 8-12, 2016, increased 95 percent over GMV of $48 million for its 3-day sale in February 2015.
PARAGOULD, Arkansas - Allen Engineering Corporation (AEC) is proud to now offer a 2-year waranty for all Allen branded equipment. This new warranty went into effect January 1, 2016.
“We believe in the quality of the products we are creating, and we are excited to be rolling out this new 2-year warranty,” said Jay Allen, AEC president.
MENASHA, Wisconsin (February 24, 2016) – Faith Technologies was recently named to the 2015 Associated Builders & Contractors (ABC) of Wisconsin Projects of Distinction list.
ROCKVILLE, Maryland (February 9, 2016) – Shapiro & Duncan Inc. announced that it has been recognized by the Washington Building Congress’ 2016 WBC Craftsmanship Award program for their HVAC Piping installations at HCA StoneSprings Hospital Center in Dulles, Virginia.
HAMILTON, New Jersey (February 23, 2016) – John Heft, senior vice president and director of the real estate practice at New Day Underwriting Managers LLC will host the “Primer on Environmental Exposures & Insurance” session at the IRMI Energy Risk & Insurance Conference to be held
PEORIA, Illinois (February 26, 2016) — Caterpillar Inc. announced it will discontinue production of its on-highway vocational trucks. Based on the current business climate in the truck industry and a thorough evaluation of the business, the company decided it would withdraw from this market. This is also in line with the company’s ongoing restructuring to align its businesses with existing conditions.
In 2016 and the coming years, expect change. From the earliest stages of design to jobsite preparation and the construction process, no facet of a project will be left untouched. These updates will lead to projects that are faster, safer and less expensive. Read the infographic below to see the 10 trends that will shape the construction industry.
MOLINE, Illinois (February 22, 2016) - The equipment rental industry is poised for stable growth over the next few years, according to the latest forecast released by the American Rental Association (ARA), which calls for total rental revenue increases of 6.6 percent in 2016 and 5.6 percent in 2017.
WASHINGTON (February 16, 2016) – Associated Builders and Contractors (ABC) announced that more than 200 of the top construction apprentices and trainees in the country will compete in this year’s National Craft Championships, March 2-3, at the Greater Fort Lauderdale/Broward County Convention Center in Fort Lauderdale, Florida.
WASHINGTON (February 16, 2016) – Green Seal is developing a new environmental leadership standard for Architectural Thermal Insulation Materials, GS-54. Green Seal invites all interested parties to participate by registering as stakeholders here.
CHARLOTTE, North Carolina (February 16, 2016) - ASC Construction Equipment USA Inc. announced the addition of Carlson Paving Products’ commercial pavers to their product line in the southeast.
Carlson Paving Products has been the leader in screed machinery for over 30 years.
BLOOMINGTON, Minnesota (February 17, 2016) – Toro announced the expansion of a trusted equipment dealer, C&O Equipment Company. The dealer’s new location will offer Toro’s full line of products including directional drills, ride-on trenchers, concrete & masonry equipment, compact utility equipment, walk-behind trenchers and Toro genuine parts.
SAUK CENTRE, MINNESOTA (February 15, 2016) – Motorcycling is about the machine, the ride, the people, the culture and the experiences along the way. As an avid motorcyclist himself, Gary Knudsen, a Felling Trailers trailer consultant, was more than obliged to attend an annual 2-day motorcycle run that a Felling Trailers dealer holds each year.
BARAGA, Michigan (February 11, 2016) — Pettibone/Traverse Lift LLC has announced the launch of its new website.
Pettibone’s website features enhanced navigation and extensive information on the company’s core product lines, including its Extendo telehandlers, Cary-Lift pipe, log and tire handlers and Speed Swing rail cranes.
ELBURN, Illinois (February 9, 2016) – Terramac has expanded its representation in the North American market by including Enviro Services as part of its dealer network.
LAS VEGAS (February 12, 2016) - World of Concrete 2016 exceeded expectations across the board. This signature event for the concrete industry drew 60,110 registered professionals, up from 55,779 in 2015, and featured more than 1,532 companies exhibiting across more than 743,889 net square feet of space, an increase of more than 67,000 net square feet from 2015. This was the largest World of Concrete in 7 years.
SKOKIE, Illinois (February 15, 2016) – The Portland Cement Association (PCA) launched Design and Control of Concrete Mixtures, 16th edition, a fully-revised and comprehensive guide to today’s concrete applications, methods and materials.
