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.
COMMERCE CITY, Colo. (Aug. 14, 2014) — It’s not clear how the unnamed dinosaur died 100-120 million years ago, but it’s been only 30 since Atlas Copco equipment helped discover the fossils of this ancient creature.
MILWAUKEE (Aug. 14, 2014) — Briggs & Stratton Corporation has signed a definitive agreement to acquire U.S.-based Allmand Bros. Inc. Founded in 1938 and based in Holdrege, Nebraska, Allmand is a designer and manufacturer of high-quality towable light towers, industrial heaters and solar LED arrowboards.
Washington, D.C. (Aug. 13, 2014) — The International Union of Architects (UIA), representing approximately 1.3 million architects worldwide through 124 national member sections has unanimously adopted the 2050 Imperative, committing to environmental and social sustainability. The historic declaration, presented Aug.
WASHINGTON (Aug. 11, 2014) — The American Institute of Architects (AIA) has announced its sponsorship of the first-ever Architecture Service Trade Mission to the Middle East. The trade mission to Doha, Qatar will take place Nov. 17-19.
BISMARCK, N.D. (Aug. 6, 2014) — Bobcat Company and Doosan recently opened the doors to their new Acceleration Center, ushering in a generation of advanced product innovation and accelerated learning to benefit customers, dealers and employees worldwide.
WASHINGTON (Aug. 6, 2014) — The U.S. Department of Labor has announced a proposed rule requiring federal contractors and subcontractors to submit an annual Equal Pay Report on employee compensation to the Office of Federal Contract Compliance Programs.
BLOOMINGTON, Minn. (Aug. 5, 2014) — Capital Safety, home of the DBI-SALA and PROTECTA brands, has announced that it has acquired Fall Protection Group Inc., a Calgary, Alberta-based company committed to industry training for at-height workers.
WASHINGTON (Aug. 4, 2014) — Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist David Crowe provided a collaborative economic forecast combining their expert economic analysis on leading, present and lagging economic indicators.
WEST LAFAYETTE, Ind. (Aug. 1, 2014) — Emergency management experts from around the world met at Purdue University recently to debate best practices for life-saving response and recovery operations after natural or man-made catastrophes, opening the dialogue for the first time this year to include industry experts.
WASHINGTON (July 31, 2014) — The Green Building Certification Institute (GBCI), the third-party certification body for the Leadership in Energy and Environmental Design (LEED) green building rating system, and Bureau Veritas SA, a global testing, inspection and certification body, have announced a strategic business partnership. As part of the agreement, Bureau Veritas will facilitate LEED certification on behalf of GBCI for LEED green building projects.
PEORIA, Ill. (July 30, 2014) — Philippi-Hagenbuch Inc. (PHIL) is working with the Susan G. Komen Memorial to increase breast cancer awareness and prevention and raise funds for research dedicated to finding a cure. Through December, every customer who orders a pink PHIL Autogate Tailgate will have the option to take part in the Pink Tailgate Initiative, and PHIL will donate 5 percent of proceeds to the Susan G. Komen Memorial.
BLOOMINGTON, Minn. (July 29, 2014) — The Toro Company celebrated its 100th anniversary July 10, as more than 2,000 employees, retirees, channel and business partners, and other valued guests gathered at the company’s headquarters in Bloomington, Minnesota. Joining Toro’s Chairman and CEO Michael J.
WASHINGTON (July 28, 2014) — Due to the weather-related slow start in the nonresidential building market during the first part of the year and the prolonged weakness in the institutional sector, construction spending projections for the rest of the year have been lowered slightly. The commercial construction sector is still looking at solid spending increases throughout the remainder of 2014, paced by high levels of demand for hotels and office buildings.
WASHINGTON (July 24, 2014) — 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 $827 billion equipment finance sector, showed their overall new business volume for June was $9 billion, up 5 percent from new business volume in June 2013.
(July 23, 2014) — Point-of-Rental Systems’ CEO Wayne Harris recently visited a school in Retalhuleu, Guatemala, that caters specifically to children living in extreme poverty. The poverty rate in Guatemala is at 53 percent, with the worst poverty conditions being in rural areas of the country.
SAN DIEGO (July 23, 2014) — Employees of McCarthy Building Companies Inc., a commercial builder in San Diego, recently teamed with a group of consultants and subcontractors to give the Boys & Girls Clubs of Greater San Diego (BGCGSD) what it needed most: a new STEM (science technology engineering mathematics) lab and outdoor garden area at its Ron Roberts Family Branch in Linda Vista, located at 2230 E. Jewett St., San Diego.
HACKETTSTOWN, N.J. (JULY 23, 2014) — The National Kitchen & Bath Association, a provider of continuing education and professional development for the kitchen and bath industry, has announced the launch of NKBA U Professional of the Year, a contest recognizing the most driven in the kitchen and bath industry.
WASHINGTON (July 22, 2014) — Associated Builders and Contractors (ABC) praised the signing of the Workforce Innovation and Opportunity Act (WIOA), H.R. 803, into law July 22 and released the following statement:
(July 21, 2014) — With the House having approved a package of offsets to fund the Highway Trust Fund (HTF) through next May, attention now shifts to the Senate as action is expected this week.
(July 18, 2014) — Construction firms added jobs in 38 states and the District of Columbia during the past 12 months, but they reduced headcount in 27 states between May and June, according to an analysis of Labor Department data by the Associated General Contractors of America (AGC). Association officials said the employment gains help, but construction employment remains below peak levels in every location except North Dakota.
