ESSEN, Germany (Nov. 27, 2014)—ThyssenKrupp’s latest offering, MULTI, represents a landmark revolution in the elevator industry and a new and efficient transport solution for mid- and high-rise buildings. The operation of multiple cabins in the same elevator shaft is made possible by applying linear-motor technology.

WASHINGTON (Nov. 24, 2014)—The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed overall new business volume for October was $8.3 billion, up 9 percent from new business volume in October 2013. Month over month, new business volume was down 12 percent from September.

RALEIGH, N.C. (Nov. 21, 2014) – FMI, provider of management consulting and investment banking* to the engineering and construction industry, announced the release of the 2014 Fourth Quarter Nonresidential Construction Index report. The NRCI shows a slight increase from 62.5 in the third quarter to 62.8 in the fourth quarter of 2014. This is nearly 5.5 points ahead of fourth quarter 2013. An NRCI greater than 50 indicates improvement or expansion.

ROLLING MEADOWS, Ill. (Nov. 17, 2014)—Komatsu America introduces the PC210LCi-10 intelligent Machine Control excavator to the North American market. Built upon the foundation of the standard Komatsu PC210LC-10 excavator, the PC210LCi-10 goes beyond simple guidance to semiautomatically limit overexcavation and trace a target surface. From rough digging to finish grading, the PC210LCi-10 excavator offers improved efficiency and accuracy over traditional methods.

WASHINGTON (Nov. 18, 2014)—Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) reached a new all-time high during the third quarter of 2014 at 8.8 months, eclipsing the previous all-time high of 8.5 months in the second quarter of 2014.