Construction Industry News

We've released the “2019 M&A Trends for Engineering and Construction” report detailing key trends driving merger and acquisition activity. This year’s study results indicate that M&A activity will remain strong but is likely to return to more regular levels in 2019 and beyond.

London, United Kingdom (April 11, 2019)—The pace of global construction output growth is expected to pick up marginally in 2019, reaching 3.4% (up from 3.2% in 2018) before rising to 3.5% in 2020, says GlobalData data and analytics company.

Doosan Infracore North America to offer Trimble LOADRITE L3180 SmartScale with weighing intelligence to optimize loadout, track productivity and overloading prevention. 

Legislation would spur American job creation and investment in U.S. communities, infrastructure and opportunity zones.

Annual recap details environmental and construction-related professional liability insurance trends, conditions and forecasts.

After two consecutive solid years, equipment and software investment growth is likely to slow in 2019 to 4.5% (up from 4.1 percent in the Economic Outlook published in December), according to the Q2 update to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. 

Presented at the 3rd Annual Portland Cement Association Cement and Concrete Fly-In event, the following plants were named 2019 Energy and Environment Award winners.

Minnich Manufacturing, manufacturer of concrete dowel pin drills, concrete vibrators and vibrator-monitoring systems, has announced its top dealer in each region of 2018 according to sales performance.

The future of the global thermoplastic polyolefin (TPO) roofing membrane market looks promising with opportunities in the commercial, residential and industrial markets. The global TPO roofing membrane market is expected to reach an estimated $2.2 billion by 2024 with a compound annual growth rate (CAGR) of 3.7% from 2019 to 2024.

The National Frame Building Association (NFBA) has published a customizable safety manual. The template was developed by NFBA's safety committee for post-frame contractors to address their company's specific safety needs.

This year, ICC's Building Safety Month will focus on five topic areas: preparing for natural disasters; training and education; clean and abundant water; construction professionals partnering with homeowners; and innovations in building safety.

The United Brotherhood of Carpenters and Joiners of America (UBC) will hold more than 100 Days of Action events in the U.S. and Canada, April 13 – 15, to protest against construction industry tax fraud. 

CopperTree Analytics Inc. and PCL Construction have announced that they have entered into a partnership agreement to deliver smart building technology to the construction and real estate markets. Get the details here. 

Washington State Department of Labor & Industries pursues new reinforcing and post-tensioning standards proposed by the iron workers. 

Isuzu Commercial Truck of America Inc. celebrates the 35th anniversary of Isuzu trucks in the United States. Read about Isuzu's heritage and highlights here. 

After nearly a year of research and development of the Felling Trailers Inc.’s documented real-time torquing procedure, 100% of the company's safety-critical attachments, couplers, actuators and lug nuts are torqued and documented in real time.

The Dodge Momentum Index increased 0.5% in March to 145.5 (2000=100) from the revised February reading of 144.8. The March uptick was due to a 2.8%-increase in the commercial component of the Momentum Index, while the institutional component fell 3.0%. More details here. 

The American Institute of Architects (AIA) and the American Library Association (ALA) are awarding six libraries with the 2019 AIA/ALA Library Building Award for excellence in architectural design. Complete details here. 

Kinshofer, global manufacturer of high-quality excavator and loader crane attachments, is expanding its product line to include hydraulic breaker excavator attachments following the acquisition of Hammer SRL, an Italy-based manufacturer of demolition, excavation, recycling and material-handling attachments.