News

Birmingham, Ala. (Nov. 8, 2023) — Fleetio, a fleet maintenance management software-as-a-service (SaaS) company, announced it ranked 459th on the Deloitte Technology Fast 500, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. Fleetio grew 263% from 2019 to 2022, and this marks the third consecutive year the company has appeared on the list.

ST. LOUIS (Nov. 8, 2023) — Tarlton Corp. garnered the AGCMO 2023 Project of the Year Award in the Specialty Contractor/Subcontractor category for its work on the proton therapy vault concrete project for Pointcore Construction. The honor was presented to the Tarlton team Nov. 2 at the 26th Annual Construction Keystone Awards Gala.  

LEBANON, Ohio (Nov. 2, 2023) — Fecon LLC, a global manufacturer of heavy-duty site preparation attachments and forestry accessories, recently acquired Treefrogg LLC, a manufacturer of tree-trimming saw attachments for skid steers and compact track loaders. The acquisition expands the right-of-way clearing solutions offered by Fecon in the forestry mulching and vegetation management industry.

WASHINGTON (Nov. 2, 2023) — The not seasonally adjusted national construction unemployment rate was 0.4% higher in September 2023 from the previous year, up from 3.4% to 3.8%. According to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC), 16 states had lower unemployment rates over the same period, five were unchanged and 29 states were higher.

SCOTTSDALE, Ariz. (Nov. 7, 2023) — Foresight Intelligence, a data analytics software provider for the construction industry, has introduced new artificial intelligence (AI)-powered features for its Fleet Intelligence solution that can be controlled by voice in English and Spanish.

HAMILTON, N.J. (Oct. 18, 2023) — Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential starts lost 4%, residential starts declined 6%, and nonbuilding starts fell 9%.

NEW YORK (Oct. 25, 2023) — Schimenti Construction, a construction services firm, announced its transition to an employee stock ownership plan (ESOP). This step highlights the company's commitment to its customers, trade partners and employees while remaining dedicated to supporting a workplace culture of community, collaboration, service and safety.

Dubai, United Arab Emirates (Oct. 26, 2023) — Online crane rental platform Mycrane has appointed Jason Brough as President, USA to lead its growth in the U.S.
 
Based in Birmingham, Alabama, Brough will use his extensive industry expertise in revenue generation, project management and sales and marketing to drive take-up of the world’s first online crane rental service in the U.S.
 

SAUK CENTRE, Minn (Oct. 25th, 2023) — Felling Trailers Inc. conducted its eleventh annual online auction of an FT-3 drop deck utility trailer to benefit a nonprofit organization: Pockets of Hope. A winning bid of $5,505.00 won the auction that ended at noon on Sept. 15. The bid winner was Joe Kostreba of Sauk Centre, Minnesota.

WASHINGTON (Oct. 11, 2023) — Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data released. Nonresidential construction input prices increased 0.2% for the month as well.

NEW YORK (Oct. 19, 2023) — WINT Water Intelligence, a provider of water management and leak-prevention solutions for construction, commercial, residential and industrial applications, has been selected for the ESG Impact innovation program for 2023. ESG Impact is run by RealTechX, the programs arm of real asset technology investor, Taronga Ventures.

WASHINGTON (Oct. 17, 2023) — After a strong second quarter, equipment and software investment growth is expected to slow over the remainder of the year, according to the Equipment Leasing & Finance Foundation’s Q4 update to the 2023 Equipment Leasing & Finance U.S. Economic Outlook. The report revised its annual estimate for equipment and software investment growth to 3.0%, most of which occurred during the first half of the year.

KATY, Texas (Oct. 17, 2023) — Kobelco Construction Machinery USA, a global crawler excavator and crawler crane manufacturer, announced the retirement of Greg Ballweg.  

ATLANTA (Oct. 10, 2023) — Sage, a software provider for small and midsized businesses in the construction industry, announced the expansion of its construction cloud suite. With the launch of Sage Construction Management, Sage adds cloud preconstruction and project management capabilities to its construction portfolio. 

MOBILE, Ala. (Oct. 12, 2023) — Thompson Engineering, a multidisciplined engineering firm with offices in eight Southeastern states, announced Kendall Kilpatrick will be the company’s CEO effective Jan. 1, 2024. Kilpatrick succeeds John Baker, who will remain CEO and chairman of Thompson Holdings, the parent company of Thompson Engineering.

NASHVILLE, Ill. — On Thursday, Sept. 28, Montabert USA celebrated the launch of its new in-house repair and remanufacturing capabilities at the company’s North American Operations facility in Nashville, Illinois, about 50 miles east of St Louis. Attendees included all Montabert USA sales and service personnel, as well as representatives from Montabert’s home office in Saint Priest, France, and members of the industry trade press and local media.

BIRMINGHAM, Ala. (Oct. 12, 2023) — Construction Business Owner (CBO), the leading business magazine for contractors, is pleased to announce the eight finalists of its Outstanding Women in Construction (OWIC) 2023 honor.

OWIC was designed to recognize industry-leading females and their skills, achievements and contributions to the construction industry. The eight finalists selected for OWIC 2023 are:

HAMILTON, N.J. (Oct. 6, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 3% in September to 182.5 (2000=100) from the revised August reading of 178.0. Over the month, the commercial component of the DMI fell 1%, while the institutional component increased 9%.

FAIRFAX, Va. — Trench safety is the top priority of the National Utility Contractors Association (NUCA) and the American utility construction industry. Intense, realistic training for first responders is required to support successful trench rescues, and a new trench training site opened Oct.

WEST FARGO, N.D. (Oct. 4, 2023) — Doosan Bobcat Inc., a company within Doosan Group, has expanded its global branding strategy as it announces its RYAN turf renovation equipment will rebrand under the Bobcat trade dress in 2024. Bobcat, a global compact equipment, innovation and worksite solutions brand, invented the compact equipment industry when it introduced the first compact loader in 1958.