News

BEDFORD, Mass. (Jan. 8, 2024) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, rose 3% in December to 186.6 (2000=100) from the revised November reading of 181.5. Over the month, commercial planning grew 1.0% and institutional planning improved 6.1%.

WASHINGTON (Jan. 3, 2024) — National nonresidential construction spending decreased 0.1% in November, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau on Jan. 2. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.143 trillion.

SALT LAKE CITY (Dec. 19, 2023) — Pacific West Environmental & Infrastructure, formerly known as Pacific West LLC, is launching a new brand and new messaging to reflect its enhanced capabilities and expanded service area.

CLARKSVILLE, Tenn. (Dec. 19, 2023) — JE Dunn Construction, Middle Tennessee’s largest general contractor, and LG Chem, a global science-oriented chemical company, broke ground on the new battery material manufacturing facility located in Clarksville, Tennessee. This project, kicking off with $1.6 billion injection for the first phase, represents one of the largest foreign direct investments in Tennessee’s history.

DALLAS (Dec. 18, 2023)  — ISN, a global provider of contractor and supplier information management services, released its latest Serious Injuries and Fatalities (SIFs) White Paper. For the new edition, ISN added 2022 data to its previous five-year exploration of SIFs to provide an even more in-depth analysis, along with spotlights for five industries focused on 2022 data: transportation, oil and gas, manufacturing, mining and utilities.

WASHINGTON (Dec. 18, 2023) — Associated Builders and Contractors (ABC) issued the following statement in response to a proposed rule issued by the U.S. Department of Labor on Dec. 14 that would make significant and controversial revisions to the national apprenticeship system.

WALNUT CREEK, Calif. (Dec. 12, 2023) — The Water Research Foundation (WRF) is providing $125,000 in funding to Brown and Caldwell to develop scalable diversity, equity and inclusion (DE&I) best practices for water sector organizations.

DE&I is a critical and growing need in the water sector as utilities measure the health and well-being of their organizations and workforce while rethinking how they engage with their communities.

SAN FRANCISCO (Dec. 8, 2023) — Workorder, a provider of collaborative software solutions for the construction industry, announced a rebrand initiative and unveiled a new name for its platform, Workpack. This move marks a milestone in the company’s journey toward innovating the construction industry through working collaboratively as a “pack” using its artificial intelligence (AI) solutions.

HAMILTON, N.J. (Dec. 7, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network (DCN), decreased 1% in November to 179.2 (2000=100) from the revised October reading of 181.7. Over the month, the commercial and institutional components both fell 1%.

WASHINGTON (Dec. 5, 2023) — Portland Cement Association (PCA), which represents America’s cement manufacturers, announced new leadership for its board of directors after holding elections at its last meeting of 2023.

Massimo Toso has been elected PCA board chairman. Toso is the current president and CEO at Buzzi Unicem USA and has served the last year as vice chair to former Chairman Filiberto Ruiz.

SEOUL, South Korea (Dec. 7, 2023) — HD Hyundai announced that it will present its vision to create and encourage sustainability on land under the name Xite Transformation at CES 2024, the world’s largest electronics trade show.

SAN FRANCISCO (Dec. 6, 2023) — Motive, a fully unified integrated operations platform for the physical economy, announced a new study that shows companies in industries like trucking and logistics, and oil and gas experienced an average of over $1 million in losses due to economic instability, labor issues and operational inefficiencies.

LIVERMORE, Calif. (Nov. 30, 2023) — Topcon Positioning Systems announces a series of new developments and initiatives as part of its ongoing sustainability efforts. First, the formation of a new global team dedicated to sustainability and corporate social responsibility (CSR) has been announced. It will be led by Michael Gomes as vice president of global sustainability and CSR.

ATLANTA (Dec. 4, 2023) — On Nov. 30, Akio Takeuchi was inducted into the Association of Equipment Manufacturers (AEM) Hall of Fame during AEM’s Annual Conference in Fort Lauderdale, Florida. A few weeks past his 90th birthday and the 60th anniversary of founding the company, Takeuchi traveled from Japan to receive this honor for a lifetime of hard work, innovation and achievement.

WASHINGTON, (Nov. 14, 2023) — Associated Builders and Contractors (ABC) reported today that its Construction Backlog Indicator declined to 8.4 months in October from 9.0 months in September, according to an ABC member survey conducted from Oct. 19 to Nov. 2. The reading is down 0.4 months from October 2022.

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

Nov. 20, 2023 — Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit, Michigan, U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed.

HAMILTON, N.J. (Nov. 7, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 1% in October to 181.7 (2000=100) from the revised September reading of 180.3. Over the month, the commercial component of the DMI rose 2.0%, while the institutional component retreated 1.4%.

Leaders from Volvo Group and CRH met in Eskilstuna, Sweden, on Nov. 13 to sign a Memorandum of Understanding (MoU) to collaborate on opportunities to accelerate the transition to net zero. Both organizations aim to reduce emissions. Volvo Group's target is to have 35% fully electric sales by 2030 and to be net zero in its value chain by 2040. CRH is targeting a 30% reduction in group-wide emissions by 2030 and to become a net-zero business by 2050.

PHOENIX (Nov. 13, 2023) – McCarthy Building Companies Inc. recently began construction of four new large-scale solar projects located in the Southwestern U.S. and are targeting Inflation Reduction Act (IRA) compliance. The projects, which are in varying stages of construction, will bring a combined total of over 1 gigawatt (GW) of renewable energy to communities in Arizona and Texas once fully commissioned.

WASHINGTON, (Nov. 8, 2023) — The U.S. Senate voted 50-48 to overturn President Joe Biden's decision to waive some Buy America requirements for government-funded electric vehicle (EV) charging stations, but the White House said he would veto the measure.

The White House argued the Republican bill would eliminate entirely the domestic manufacturing requirement for government-funded EV chargers "thereby harming domestic manufacturing and American jobs."