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.

NEW YORK (August 21, 2017) – The value of new construction starts in July advanced 6 percent from the previous month to a seasonally adjusted annual rate of $728.1 billion, it was reported by Dodge Data & Analytics.  Leading the way was a 26 percent jump by the nonbuilding construction sector, which reflected an improved level for public works and the start of two massive power plants, located respectively in California and New York.  Residential building in Jul

SCOTTSDALE, Ariz. — Inc. magazine ranked GPS Insight number 4,250 with three-year sales growth of 62% on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small and midsized businesses. This is the eighth consecutive year that GPS Insight has been named an honoree.

PRESTONSBURG, Ky. (August 15, 2017) – Worldwide Equipment has relocated and opened four Kenworth dealerships to enhance parts and service support for customers operating in the coal-producing region of Eastern Kentucky and West Virginia.

The latest Worldwide Equipment dealership actions include:

WAKEFIELD, Mass. (August 14, 2017) — Alliance Tire Group (ATG) is launching a new website today at atgtire.com with more user-friendly features that allow tire dealers and equipment owners to find tires based on segment, application, tread pattern or size. The new site is optimized for mobile platforms including phones and tablets, as well as for desktop and laptop computers.

NORFOLK, Va., (August 14, 2017) – Arcadis (EURONEXT: ARCAD) has been awarded an approximate $11.6 million contract by the City of Norfolk, Virginia, to design stormwater infrastructure enhancements to protect Ohio Creek communities against future flooding and continued sea level rise.

 

RENSSELAER, Ind. (August 9, 2017) — Talbert Manufacturing named Hale Trailer Brake & Wheel of Voorhees, New Jersey, as its top dealer for the ninth straight year. This award recognizes a Talbert dealer for high performance in selling trailers, service and parts.

GRAND RAPIDS, Mich. (August 8, 2017) —The Engines Division of Kawasaki Motors Corp., U.S.A. is once again expanding its relationship with UPS Supply Chain Solutions and adding a full service warehouse in Florida to stock and ship parts to authorized dealers in the region.

NEW YORK (August 3, 2017) – During the first half of 2017, eight of the top ten metropolitan markets for commercial and multifamily construction starts ranked by dollar volume registered decreased activity compared to a year ago, according to Dodge Data & Analytics.  At the same time, metropolitan markets ranked 11 through 20 showed growth for nine of the ten markets, as smaller geographic areas are picking up the slack from the deceleration underway in those cities

WASHINGTON (August 1, 2017) — Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of United States Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.

DETROIT, Mich. (July 2017) – Cheryl Smith, DeMaria’s office manager, celebrated 40 years at DeMaria this year! In 1977, Smith interviewed to join the DeMaria team. She walked into DeMaria’s Hubbell Street office in Detroit at only 19 years old and was offered the position by Joseph DeMaria Sr. that day. She has done a little bit of everything in order to help DeMaria be successful over the years, but her main responsibilities have always involved payroll.

NEW YORK (August 7, 2017) – The Dodge Momentum Index fell in July, dropping 3.3 percent to 135.0 from its revised June reading of 139.6. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

RACINE, Wis. (July 31, 2017) — CASE Construction Equipment, Sonsray Machinery, the United States Fish & Wildlife Service and Team Rubicon teamed up for a heavy equipment operator training and improvement project at the San Diego National Wildlife Refuge. Sonsray Machinery provided four machines – two CX80C excavators and two SR210 skid steer loaders – and Team Rubicon brought in four instructors and nine volunteers from across the U.S.