IRVINE, Calif. (Aug. 17, 2021) — MAZO Capital Solutions, a leading full-service commercial finance company dedicated to serving America's small business community, has announced a significant strategic partnership with Heave, the Tampa-based heavy equipment platform built to provide contractors the easiest and fastest way to receive quotes from dealers.

HOUSTON (Aug. 16, 2021) — Last week Ritchie Bros. sold US$99+ million of pipeline construction equipment in its largest-ever single-owner auction, for Barrilleaux Inc. In less than two days, the company sold 3,100+ items from three Barrilleaux locations in New Mexico and Texas to thousands of online bidders from around the world.  

ARLINGTON, Va. (Aug. 12, 2021) — Extreme price increases continued in July for a wide range of goods and services used in construction, according to an analysis by the Associated General Contractors of America (AGC) of government data. Association officials urged President Biden to immediately end tariffs and quotas on steel, aluminum, lumber and other essential construction items to help stave off inflationary pressure in the construction industry.

GREELEY, Colo. (Aug 9, 2021) — The Hensel Phelps board of directors has announced the addition of Hydro Construction to Hensel Phelps. Based in Fort Collins, Colorado, Hydro Construction specializes in the construction of water and wastewater treatment facilities and related projects.

WASHINGTON (Aug. 2, 2021) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator remained unchanged at 8.5 months in July, according to an ABC member survey conducted July 20-Aug. 2, up 0.7 months from July 2020.

WASHINGTON (Aug. 10, 2021) — The United States Senate has passed the bipartisan Infrastructure Investment and Jobs Act in a 69 to 30 vote this week. The bill would provide $550 billion in new infrastructure investments and, according to a White House fact sheet, will supply approximately 2 million jobs per year over the next decade.