WASHINGTON (Aug. 20, 2021) — The U.S. Department of Labor's Occupational Safety and Health Administration has issued updated guidance to help employers protect workers from the coronavirus. The updated guidance reflects developments in science and data, including the Centers for Disease Control and Prevention's (CDC) updated COVID-19 guidance issued July 27, 2021.

 

MOLINE, Il. (Aug. 15, 2021) — The outlook for equipment rental revenue, comprised of the construction/industrial and general tool segments, has improved over the last quarter. The updated second quarter forecast released by the American Rental Association (ARA) now calls for equipment rental revenue to exceed $47.8 billion in 2021, nearly a 3.5 percent increase over 2020 and greater than last quarter’s forecast that called for a 3.1 percent increase this year.  

WASHINGTON  (Aug. 18, 2021) — The Architecture Billings Index (ABI) recorded its sixth consecutive positive month, according to a new report from The American Institute of Architects (AIA).

PROVIDENCE, R.I. (Aug. 17, 2021) — Gilbane Building Company has announced that it will be joining five other general contractors: DPR Construction, Turner, Mortenson, McCarthy and Clark Construction Group to announce the inaugural “Construction Inclusion Week,” which will be held Oct. 18 — Oct. 22, 2021. Gilbane is chairing the first Construction Inclusion Week with the theme of “Building the Foundation for Inclusion.”

IRVINE, Calif. (Aug. 17, 2021) — MAZO Capital Solutions, a leading full-service commercial finance company dedicated to serving America's small business community, has announced a significant strategic partnership with Heave, the Tampa-based heavy equipment platform built to provide contractors the easiest and fastest way to receive quotes from dealers.

ARLINGTON, Va. (Aug. 12, 2021) — Extreme price increases continued in July for a wide range of goods and services used in construction, according to an analysis by the Associated General Contractors of America (AGC) of government data. Association officials urged President Biden to immediately end tariffs and quotas on steel, aluminum, lumber and other essential construction items to help stave off inflationary pressure in the construction industry.

MILWAUKEE, Wis. (Aug 6, 2021) — The Manitowoc Company, Inc., a leading global manufacturer of cranes and lifting solutions, announced today that it has entered into a definitive agreement to acquire the crane business of H&E Equipment Services, Inc., one of the largest rental equipment companies in the U.S. Under the terms of the agreement, Manitowoc is expected to pay approximately $130 million funded by a combination of cash on hand and existing debt availability.

WASHINGTON (Aug. 6, 2021) —The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data by the United States Bureau of Labor Statistics. Overall, the industry has recovered 886,000 (79.6%) of the jobs lost during earlier stages of the pandemic.

ARLINGTON, Va. (Aug. 2, 2021) — Construction officials have outlined a series of steps public officials and the construction industry should take to address the impacts of the built environment on climate change. The new initiative from the Associated General Contractors of America (AGC) is designed to lessen the carbon footprint of the built environment while also making the process of building projects even more efficient.

ARLINGTON, Va. (July 28, 2021) — Construction employment declined or stagnated in 101 metro areas between February 2020, the last month before the pandemic, and last month, according to an analysis by the Associated General Contractors of America (AGC) of government employment data released today. Association officials said that labor shortages and supply chain problems were keeping many firms from adding workers in many parts of the country.

PEOSTA, Iowa (July 30, 2021) — The Mi-T-M Corporation is celebrating its 50th anniversary in 2021. The company was founded in 1971 by A.J. Spiegel who engineered and developed the very first 1000 PSI self-contained, gas-powered pressure washer.

NORWALK, Conn. (July 28, 2021) – John L. Garrison, Jr., chairman, president and chief executive officer of Terex Corporation, has announced that Simon A. Meester has been appointed president of Genie, effective August 1, 2021. Meester will continue to report to Garrison and join the company’s executive leadership team.

WASHINGTON, (July 28, 2021) — The not seasonally adjusted (NSA) national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates over the same period, according to state-by-state analysis of United States Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC).