Welcome to our Construction Industry News page, where we bring you the latest updates on mergers and acquisitions, key new hires, and significant industry shifts. Stay informed with breaking news and in-depth reporting to keep up with the fast-paced changes shaping the construction business.

MCCONNELLSBURG, Pa. (April 8, 2025) — JLG Industries Inc., an Oshkosh Corporation business and global manufacturer of mobile elevating work platforms (MEWPs) and telehandlers, announced the launch of its newly redesigned corporate website, jlg.com. With a customer-centric approach, the website offers a streamlined, user-friendly platform for customers and partners alike.

BETHLEHEM, Pa. (April 8, 2025) — The Metal Building Contractors and Erectors Association (MBCEA) announced that Bobbitt Construction Inc., headquartered in Cary, North Carolina, is the first metal building assembler based in North Carolina to obtain the prestigious AC478 accreditation administered by the International Accreditation Service (IAS).

MUNICH (April 9, 2025) — Liebherr and Reycom are collaborating with Qualcomm Technologies Inc. to develop and deploy LiRISE, the next generation of edge artificial intelligence (AI) gateways with scalable security and autonomous applications. LiRISE is built to withstand harsh environments, enhancing software-defined machines and industrial appliances. 

SAN FRANCISCO (April 3, 2025) — Rhumbix, a provider of field and workforce management solutions for the construction industry, has appointed Jigisha Desai to its board of directors as an independent director. Desai, an experienced finance and operations executive with deep expertise in the construction and infrastructure sectors, brings a wealth of experience that will help guide Rhumbix’s continued growth and innovation.

NORCROSS, Ga. (Apr. 7, 2025) — HD Hyundai Construction Equipment North America announced the addition to its dealer network of Johnson Tractor, Janesville, Wisconsin.

Johnson Tractor will sell and service the full line of Hyundai construction equipment to customers in west central Wisconsin, including the La Crosse and Eau Claire areas. Johnson Tractor operates a branch office in La Crosse, from which it will offer Hyundai sales and service.

WASHINGTON (April 7, 2025) — President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives and heightened many economists’ worries that the U.S. could tip into recession.

WASHINGTON (April 1, 2025) — In observance of National Safe Digging Month in April, Common Ground Alliance (CGA) — the national association dedicated to protecting underground utility lines, people who dig near them and their communities –announced results from a recent national survey which found 27.2 million Americans planning digging projects in the next year will not contact 811, putting themselves and their communities at risk of utility service disruptions, costly fines

March 27, 2025 — Komatsu America Corp. has announced that Rod Schrader will step down from his chairman and CEO roles on March 31, and will fully retire effective June 30, 2025. Rod Bull will become CEO of Komatsu North America Corp. effective April 1. Bull currently serves as executive vice president of Komatsu’s North America region. He brings nearly 25 years of leadership experience in the heavy equipment manufacturing industry, including 14 years with Komatsu. 

LOS ANGELES (March 21, 2025) — BuildOps, an all-in-one software platform built for modern commercial contractors, announced $127 million in Series C funding led by Meritech Capital Partners. The round propels the company to "unicorn" status, achieving a $1 billion valuation and accelerating its mission to become the world’s largest commercial contractor platform.

BOSTON (March 20, 2025) —  Shawmut Design and Construction, a $2 billion national construction management firm, has reached a major milestone in New England, surpassing $1 billion in revenue in 2024 — driven by larger, more complex projects and strong partnerships with long-standing and new clients. In response to this growth, Shawmut has strategically expanded its regional leadership team to ensure continued excellence in execution and client service.

SAN DIEGO (March 18, 2025) — Lytx Inc., a provider of video and safety-driven efficiency, announced the winners of its 2025 Driver and Coach of the Year awards and shared their positive impact on today’s roadways. Implementing Lytx’s fleet safety solutions, each honoree showcased their commitment to excellence and exceptional performance.  

TRUSSVILLE, Ala. (March 19, 2025) — Universal, part of the Lexicon Inc. family of companies, has appointed Joseph Loudermilk executive vice president. In this role, Loudermilk will utilize his two decades of leadership experience in construction and manufacturing to oversee operations and strategic growth for Universal.

CHICO, Calif.(March 5, 2025) — Work Truck Solutions announced a collaboration with Ford Pro to launch an online tool that enables customers to search for and locate road and work-ready trucks and vans available in Ford dealer inventory.