PHOENIX (April 15, 2025) — Graycor Construction Company has hired 30-year industry veteran Brett Helm as general manager of its Southwest Division. Part of Graycor’s senior leadership team, Helm is charged with leading the company’s regional talent pipeline and diversifying and expanding its presence across commercial real estate growth markets.

Pella, Iowa (April 18, 2025) — M&D Truck and Equipment of Monroe, Wisconsin, has added the Thunder Creek lineup of field fueling and service solutions to its product offering of construction, agricultural, turf and support equipment. The company specializes in the resale of heavy, compact and support equipment into a variety of industries throughout southwestern and central Wisconsin.

WASHINGTON (April 15, 2025) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator rose to 8.5 months in March, according to an ABC member survey conducted March 20 to April 6. The reading is up 0.3 months since March 2024.

Backlog increased on a monthly basis for all nonresidential subsegments in March. Over the past year, however, only the infrastructure category has experienced a meaningful increase in backlog.

IRVING, Texas (April 15, 2025) — After eight years as CEO and nearly 45 years of service, Caterpillar Inc. Chairman and CEO D. James Umpleby III will become executive chairman of the board effective May 1. Chief Operating Officer (COO) Joseph E. Creed, a 28-year Caterpillar veteran, will succeed him as CEO and join the board of directors May 1.

GRAND RAPIDS, Minn. (April 14, 2025) — Effective April 14, 2025, Anna Christine Sgro has been appointed president of Yanmar Compact Equipment's North American region. In her new role, Sgro will focus on enhancing organizational integration, improving financial performance and driving customer success through innovative product and service development. Together with her team, she aims to establish Yanmar CE as a leader in the compact equipment industry in North America.