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.

Case Construction Equipment celebrated 50 years of skid steer manufacturing with a ceremony on Wednesday, April 3, at its Wichita, Kansas, plant. Case first built skid steers in 1969 at its Burlington, Iowa, facility, before eventually moving production to Wichita. 

Engcon’s new computerized and fully robotized production facility, with nearly $10 million invested in new manufacturing equipment over the next 3 years, will triple its production capacity. Details here. 

Lucintel reports the global construction aggregate market is expected to reach an estimated $452.4 billion by 2024 with a compound annual growth rate (CAGR) of 2.7% from 2019 to 2024. The major growth drivers for this market are growth in residential and non-residential construction activities, increasing urbanization and rising per capita income.

Pitts Enterprises has named JP Pierson president of Pitts Trailers, effective immediately. Pierson, who also serves as president of Dorsey Intermodal, will now oversee both Pittsview, Alabama-based divisions. Find the details here. 

Generac Holdings Inc., designer and manufacturer of a wide range of residential, commercial and industrial power products, has acquired Neurio Technology Inc. Details here. 

The Dodge Data and Analytics Momentum Index lost 4.4 percent in February, falling to 146.9 (2000=100) from the revised January reading of 153.6. Read why here. 

Hino Trucks has announced the expansion of its Certified Ultimate Dealer network with the addition of eight dealers that earned their spot to be called one of the best. With the addition of these new dealerships, Hino’s Certified Ultimate Dealer network now includes more than 25 dealerships operating nationwide. Details here.