MOLINE, Ill. (May 17, 2024) — In its updated forecast, the American Rental Association (ARA) indicates that the United States equipment rental industry’s growth projection has increased since last quarter. The most current projections indicate 9.7% increase in 2024, totaling $79.2 billion in construction and general tool rental revenue. This is an increase from last quarter’s projection of a 7.9% increase totaling $77.3 billion.

LAS VEGAS (May 20, 2024) — At the Advanced Clean Transportation (ACT) Expo, Hino Trucks announced that it is the exclusive distributor for Tern, a dedicated zero-emission truck brand, along with their inaugural truck model — the RC8, a battery-electric Class 8 tractor tailored for the U.S. market.

HOUSTON (May 14, 2024) — Skanska USA has been selected to construct a new $54.5 million building at Rice University for the Jones Graduate School of Business that will support the school’s growing student and faculty population. The university and project teams celebrated the new project with a groundbreaking on May 9 to unveil the design of the new facility.  

Garner, Iowa (May 17, 2024) — Stellar Industries, a 100% employee-owned and -operated manufacturer of mechanic trucks, cranes, tire service trucks, hooklifts, trailers and service truck and van accessories, received the president’s “E” Award for Exports. This award was given to Stellar to recognize its significant contributions to an increase in U.S. exports. Stellar was one of 30 U.S. entities recognized at this year’s ceremony.

RICHFIELD, Wis. (May 16, 2024) — Hy-Brid Lifts, an industry provider of aerial lift equipment, announced Gary Coke as director of sales covering the south-central U.S. Coke’s responsibilities include providing customer support as well as continuing the growth and channel development of the Hy-Brid Lifts line of low-level scissor lifts.  

CHICAGO (May 15, 2024) — The Council on Tall Buildings and Urban Habitat (CTBUH) announced its 2024 Award of Excellence winners, more than 100 of the most exemplary projects in the architecture, engineering and construction (AEC) industry and adjacent disciplines. Projects from across the globe were recognized in over 20 categories and subcategories, including Best Tall Building, Innovation, Urban Habitat, Repositioning and Equity, and Diversity and Inclusion.