CHICAGO (May 15, 2024) — The Council on Tall Buildings and Urban Habitat (CTBUH) announced its 2024 Award of Excellence winners, more than 100 of the most exemplary projects in the architecture, engineering and construction (AEC) industry and adjacent disciplines. Projects from across the globe were recognized in over 20 categories and subcategories, including Best Tall Building, Innovation, Urban Habitat, Repositioning and Equity, and Diversity and Inclusion.

WEST FARGO, N.D. (May 15, 2024) — Bobcat Company, a global equipment and worksite solutions brand, has enhanced two of its North Dakota manufacturing facilities with the installation of 14 stationary, natural gas-powered fuel cells from HyAxiom Inc., a global fuel cell and hydrogen solutions provider. These units will operate in parallel with the commercial power grid while carving a pathway to decarbonization by producing clean energy for the facilities’ operations.

NEW YORK (May 14, 2024) — QBE North America announced the release of its 2024 Commercial Construction Risk Report, uncovering key risks and emerging challenges within the commercial construction industry. Highlighting cybersecurity threats, financial challenges and labor shortage as significant concerns, the report sheds light on the industry's unique risks threatening project timelines, budgets and safety.

MONROE, Wash. (May 7, 2024) — Brokk, a global manufacturer of remote-controlled demolition machines, recently opened a distribution center in Hamilton, Ontario. While Brokk has had a sales presence in Canada for more than 30 years, the new facility marks an expansion of its network. The new location will be run by Jim Bennett, who joined the Brokk team in Canada as warehouse and logistics manager.

May 8, 2024 — Volvo CE has taken a 22% ownership stake in VizaLogix, a U.S.-based software-as-a-service (SaaS) company specializing in digital, brand-neutral solutions for machine monitoring, servicing and tech support in multiple industries.

The deal supports the Volvo CE strategy to grow services that customers are looking for as digitization and data take on increasing importance among construction and mining fleets and equipment dealers.

MCCONNELLSBURG, Pa. (May 8, 2024) — Oshkosh Corporation, a provider of purpose-built vehicles and equipment, announced it has entered into a definitive agreement to acquire AUSACORP S.L. (AUSA), a privately held international company and manufacturer of wheeled dumpers, rough terrain forklifts and telehandlers for the construction, material handling, agriculture, landscape and specialty equipment industries.

ST. LOUIS (May 6, 2024) — Tarlton Corp., St. Louis’ largest women-owned general contracting and construction management firm, was named 2024 General Contractor of the Year by the American Subcontractors Association Midwest Council at the organization’s 31st Annual Awards Gala on April 20. The designation is voted on by members of the ASA Midwest Council.

GARNER, Iowa  (May 3, 2024) — Stellar Industries, a 100% employee-owned and -operated manufacturer of mechanic trucks, cranes, tire service trucks, hooklifts, trailers and service truck and van accessories, has donated a UR10 collaborative robot to North Iowa Area Community College’s (NIACC) Industrial Automation and Robotics Technology (IART) program. The collaborative robot, also known as a cobot, has a value of $130,000.

STOCKHOLM (April 23, 2024) — Hexagon, a global provider of digital reality solutions combining sensor, software and autonomous technologies, announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites.

BEDFORD, Mass. (April 23, 2024) Total construction starts fell 1% in March to a seasonally adjusted annual rate of $1.06 trillion, according to Dodge Construction Network.

Geisenheim, Germany (April 25, 2024) — Topcon Positioning Systems has announced that a new manufacturing facility will be built in Geisenheim, Germany, near Frankfurt, for the company’s Topcon Electronics operation. The announcement was made during a groundbreaking ceremony on April 16.

PELLA, Iowa (April 25, 2024) — Thunder Creek Equipment has named Garrison Spearman as the new territory sales manager for the southeastern U.S., covering the states of Mississippi, Alabama, Georgia, Florida and South Carolina.

WASHINGTON (April 16, 2024) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023.

View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for March.

PITTSBURGH (April 3, 2024) — Russell Standard, a provider of pavement materials, road preservation treatments and industrial asphalt solutions, has taken over operations at the only asphalt terminal in the state of Delaware, located in the city of Seaford. Formerly owned by ICP Group, the terminal serves counties, the Delaware Department of Transportation and contractors across the state.

ORLANDO, Fla. (April 17, 2024) — Tenna, a construction technology platform for equipment fleet operations, and Boom and Bucket, an online marketplace for buying and selling heavy machinery, have announced a strategic partnership and integration for enhancing a construction business’s ability to manage the life cycle of its owned fleet.

BEDFORD, Mass (April 5, 2024) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 8.6% in March to 164.0 (2000=100) from the revised February reading of 179.5. Over the month, commercial planning fell 3.2% and institutional planning dropped 17.2%.