BORDEAUX, France (July 17, 2025) — In June, the FAYAT Group, a global construction equipment manufacturer, signed a definitive agreement to acquire LeeBoy, a well-established brand in the roadbuilding equipment sector. This acquisition represents a key strategic move for FAYAT Group as part of its ongoing commitment to expand in the U.S. and Canada.
BOSTON (July 8, 2025) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 from the downwardly revised May reading of 210.9. Over the month, commercial planning grew 7.3% while institutional planning improved 5.7%.
NEW YORK (July 14, 2025) — Roosevelt Road Specialty, a provider of specialized insurance for construction, is now supplementing its legal offensive with artificial intelligence (AI). Instead of reacting to fraud after losses have occurred, the AI system will sift through large volumes of claim submissions, flagging those with irregularities for immediate review.
IRVING, Texas (July 11, 2025) ― Caterpillar announced its Cat Fleet Bucket Program, which allows customers to benefit from Cat ground engaging tools (GET) even on third-party buckets sourced from local bucket manufacturers.
July 3, 2025 — Construction sector employment increased by 15,000 positions in June as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government data the Associated General Contractors of America (AGC) released.
