RALEIGH, N.C. (Dec. 30, 2014) - Total construction put in place for 2014 will be $62 billion greater than last year—a 7 percent increase, according to the latest report from FMI. CPIP should finish this year around $972 billion and is expected to top $1.04 trillion in 2015. Commercial and manufacturing construction are two of the largest growth sectors, accounting for more than $111 billion in new construction.
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.
MOLINE, Ill. (Jan. 14, 2015) — As online video content continues its surge in popularity, John Deere is utilizing the platform to highlight the advantage of data analysis for machine optimization using John Deere Worksight technologies.
Austin, Texas (Jan.
(Jan 15, 2015) - The contract between AECOM and TfL has an initial term of five years with the option to extend another two years. AECOM will extend FORS outside London, rolling out the scheme on a national basis to meet demand from companies outside the capital, as well as from operators keen to gain accreditation for their national fleet.
Washington, D.C. (Jan. 16, 2015) – The American Institute of Architects (AIA) recently announced a legislative agenda for the 114th Congress that sets a path for increasing construction activity, creating jobs, preserving the nation’s heritage and ensuring that new generations of architects design a resilient future for America.
RALEIGH, N.C. (Jan. 12, 2015)—The Department of Labor has filed 28 lawsuits, recovering more than $241 million, against businesses offering employee-stock-ownership plans. Inaccurate company valuations are the primary cause. In the Q4 Mergers and Acquisitions Advisor report by FMI, Curt M.
Washington, D.C. (Jan. 12, 2015)—The Equipment Leasing and Finance Association (ELFA), which represents the $903 billion equipment finance sector, revealed its "Top 10 Equipment Acquisition Trends for 2015." Given U.S.
WASHINGTON, D.C. (Jan. 8, 2015)—On Jan. 7, Associated Equipment Distributors (AED) president and CEO Brian P.
FARMINGTON HILLS, Mich. (Jan. 12, 2015)—The American Concrete Institute (ACI) will be conducting a Press Conference at World of Concrete (WOC) on Tuesday, February 3, 2015, to announce the launch of ACI University and a new Masonry Testing Technician Certification Program. The press conference will take place at 8:00 a.m.
RALEIGH, N.C. (Dec. 29, 2014)—In the most recent white paper released by FMI, author Mike Rose shares an analysis of executive pay trends for the engineering and construction industry from 2008 through 2013. Key takeaways include:
SUNNYVALE, Calif. (Jan. 6, 2015)—Trimble announced Trimble ProjectSight, a cloud-based solution for construction field management that simplifies the creation, access and sharing of project information between the field and the office. The new solution provides mobile workers with access to up-to-date project information and smart workflows for increased productivity and more informed decision-making.
NEWPORT NEWS, Va. (Jan. 5, 2015)—Alaskan company Delta Industrial Services Inc. becomes a new dealer for the full line of Liebherr earthmoving and material handling equipment. Delta Industrial Services Inc. was founded in 1997, and brings invaluable arctic experience to Liebherr contractors and customers involved in large-scale earthworks, oil fields, mining, road construction and equipment logistics.
DALLAS, Texas (Dec. 29, 2014)—For the fourth year, World of Concrete is recognizing the accomplishments of crews in the commercial construction/masonry industry with the "Crews That Rock" competition, sponsored by BASF. The contest recognizes crew members for teamwork and contribution to the industry and their communities.
PERRYSBURG, Ohio (Dec. 22, 2014)—Asta Development, maker of the construction project scheduling software Asta Powerproject, is further expanding its North American network of resellers and distributors with the addition of Critical Business Analysis Inc. (CBA) to its roster.
PLEASANTON, Calif. and EAGAN, Minn. (Dec. 19, 2014)—IronPlanet, an online marketplace for buying and selling used heavy equipment and trucks, and Associated Auction Services LLC, an alliance of Caterpillar and several of its independent Cat dealers that operates under the name of Cat Auction Services, confirmed today that they have signed an agreement to merge the two companies.
TEMECULA, Calif. (Dec. 12, 2014)— GPSTrackIt.com is sponsoring a Christmas party for U.S. Marine Corps Wounded Warriors and their families on Saturday, Dec. 20th. The party will be held at the Western Eagle Foundation facility in Temecula, and will feature games, a reptile petting zoo, a bouncy house, a DJ, pictures of the kids with Santa and a raffle.
WASHINGTON (Dec. 15, 2014)—Investment in equipment and software is expected to grow 6 percent in 2015, driven by a steadily improving economy, according to the Annual 2015 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation.
WASHINGTON (Dec. 15, 2014)—The American Institute of Architects (AIA) today praised congressional passage of the National Defense Authorization Act.
The language reforms military procurement rules so that design and construction firms can deliver projects that are safe, productive and sustainable—without fear of losing money in the process. The bill now goes to President Obama for his expected signature.
ATLANTA (Dec. 11, 2014)—Tekla, a Trimble company, has announced the winners of its 2014 Tekla Global BIM Awards.
The winners were chosen by a jury of international BIM experts and by public vote. Competition entries included winners of regional Tekla BIM competitions held by Tekla area offices and resellers during 2014.