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.

One respondent says an increase in interest rates may spur activity in the equipment finance sector

WASHINGTON, D.C. (September 21, 2015) – The Equipment Leasing & Finance Foundation (the Foundation) has released the September 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903 billion equipment finance sector.

New facility repays a prior senior secured loan and provides additional capital for growth

PLEASANTON, Calif. (September 17, 2015) – IronPlanet announced that it has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for growth.

Revitalized partnership will offer greater customer value in field-service management

PORTLAND, Ore. (Sept. 14, 2015) – Viewpoint Construction Software and MSI Data announced a strategic collaborative partnership to continue delivering a best-in-class integrated mobile service solution to our customers.

Northwestern U.S. gets full FINN dealer support from Yukon Equipment and Thomson Equipment

FAIRFIELD, Ohio (September 14, 2015) - FINN Corporation has inked deals with Thomson Equipment and Yukon Equipment to increase coverage in the Pacific Northwest and Alaska. The dealer agreements recognize them as full-line equipment, parts stocking and service dealers for FINN HydroSeeders, Straw Blowers and Bark Blowers.

Construction firms that hire union workers have fewer work injuries requiring workers’ compensation payments for time away from work

MIAMI (September 7, 2015) — The study, Protecting Construction Worker Health and Safety in Ontario Canada: Identifying a Union Safety Effect, was conducted in Canada but has direct implications for the industry in the United States where 74,950 construction workers suffered “lost-time” injuries in 2010, according to statistics collected by the National S

Additional Nucor business divisions standardize on Tekla Structures from Trimble to deliver building information modeling

SUNNYVALE, Calif. (September 10, 2015) —Trimble and Nucor Corporation announced a third, multi-year agreement to extend their collaboration in the architecture, engineering and construction (AEC) markets that began in 2009.

Collaboration will result in a suite of solutions for companies with mobile workforces

LAS VEGAS (September 10, 2015) — AT&T and Telogis have announced a collaboration to power a suite of solutions for companies with mobile workforces. Connecting vehicles of all sizes from small trucks to 18-wheelers and heavy equipment, the combination of AT&T’s global network and Telogis’ telematics, compliance, and mobile and navigation software provides full fleet solutions for businesses and manufacturers around the world.

Hear anecdotes and business insights from renowned entertainer

FARMINGTON HILLS, Mich. (Sept. 9, 2015) — Jay Leno, comedian, author, car builder and longtime host of “The Tonight Show with Jay Leno,” will serve as keynote speaker at The Work Truck Show 2016. His address will take place Thursday, March 3, as part of the President’s Breakfast & NTEA Annual Meeting.

In honor of the anniversary, a special registration rate will be available Sept. 8 through Oct. 31

MOLINE, Ill. (Aug. 24, 2015) – In March 1955, a group of 21 rental business owners from throughout the Midwest met in Moline, Illinois, to establish what is today the American Rental Association (ARA). As the fledging association continued through its first year, they made plans to meet for a “general convention of rental operators” the following January in Kansas City, Missouri. They decided if the convention was well received, they would hold it annually.

Dealers serve markets in Georgia, Alabama and northwestern U.S.

ISABELLA COUNTY, Mich. (September 3, 2015) – Bandit Industries continues to add to its network of dealers in North America with the addition of three new dealers. All locations will offer Bandit equipment and world-class support and service to our customers.

2015 event drew participants from 30 different companies

WATERTOWN, S.D. (September 8, 2015) – More than 40 people from around the world, including participants from Australia, Brazil, Chile, Peru and the United States, recently attended Terex Utilities’ 37th annual Hands On Training seminar at the company’s facilities in Watertown, South Dakota, on August 17-19.

Association renames conference to reflect changes in the workforce

KANSAS CITY, Mo. (September 2, 2015) – The American Public Works Association (APWA) announced that major changes are in store for the annual conference and equipment show, which will be known as PWX beginning in 2016. The new PWX brand stands for “Public Works Expo,” which will replace the previous lengthy title, “International Public Works Congress & Exposition.”

The launch of PWX is part of APWA’s response to significant trends occurring in the workforce.

According to a new report by Timetric’s Construction Intelligence Center (CIC), the U.S. construction industry is set to pick up over the next five years

(August 26, 2015) - Timetric forecasts that the construction sector’s average annual growth is set to accelerate in real terms from 1.7 percent during the review period to 3.1 percent over the forecast period, increasing from $1.0 trillion in 2014 to $1.1 trillion in 2019 in real terms.

Guide addresses risks prevalent in welding environments

APPLETON, Wis. (August 25, 2015) — Miller Electric Mfg. Co. announced the release of its 2015 Welding Safety & Health Guide — a 76-page, full-color resource that highlights the company’s personal protective equipment (PPE) and fume management offering. Prefacing all product recommendations are industry statistics and trends, key safety terminology and other pertinent information to aide in understanding welding safety and achieving compliance.

Five North American unreserved auctions in fall 2015, including first Canadian on-site auction

PLEASANTON, Calif. (September 1, 2015) – IronPlanet announced key dates for its fall slate of Cat Auction Services onsite auctions, which features five major regional events across the U.S. and Canada, and that its 2016 kick-off in Orlando, Florida, has expanded to four days.

Mobile device software allows facility managers, building owners to test and record health hazards, eliminating paperwork and contractor expenses

MINNEAPOLIS (August 31, 2015) – BuildingStart is releasing a free trial of its mobile software in the wake of the recent Legionnaire’s disease outbreaks in New York City and Philadelphia.