Construction Industry News

ROSEMONT, Ill. (Jan. 28, 2025) — Last week at World of Concrete, the American Concrete Pavement Association (ACPA) delivered an assessment of where paving and infrastructure investment currently stands, the challenges state highway agencies and the industry will face in the near future, and steps toward addressing those challenges.

WASHINGTON (Jan. 14, 2025) — Construction input prices decreased 0.2% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also decreased 0.2% for the month.

LAS VEGAS  (Jan. 21, 2025) — Sage, a software provider for small and midsized businesses (SMBs) in the construction industry, and Tractics, a provider of a cloud-native construction management platform for heavy civil contractors, announce a partnership that delivers a powerful integration between Sage Intacct Construction and Tractics.

BELLEVUE, Wash., (Jan. 21, 2025) — Acumatica announced strategic partnerships and product integration with JobPlanner, a collaborative project management solution, and STACK Construction Technologies, a cloud-based construction software platform, that will address market needs through continued productivity gains and enhanced end-to-end project life cycle support.

FAIRFAX, Va. (Jan. 16, 2025) — The National Utility Contractors Association (NUCA) announced that Caterpillar Inc. has achieved in 2025 the Gold Level status as a NUCA National Partner. This partner level underscores the company's significant contributions to the American utility construction industry, highlighting the company’s commitment to safety, education and the broader goal of enhancing public health through robust water infrastructure.

ATLANTA (Jan. 16, 2025) — Takeuchi-US has appointed Derek Koontz as its national accounts manager. Koontz will manage sales development and activity on existing national accounts as well as prospect for new accounts. Koontz will also be responsible for forecasting and achieving Takeuchi’s sales objectives in the U.S. and Canada.
 

BOSTON (Jan. 8, 2025) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 10.2% in December to 212.0 from the revised November reading of 192.3. Over the month, commercial planning increased 14.2% while institutional planning improved 2.5%. 

CHARLOTTE, N.C. and AUSTIN, Texas (Jan. 14, 2025) — HEI Civil, a heavy civil construction company, announced the official rebranding of Peabody General Contractors and Horsepower Site Services to HEI Civil. Peabody General Contractors was acquired by HEI Civil in 2018, and Horsepower Site Services joined the company in 2019. This rebranding solidifies HEI Civil's position as a national leader in the industry by uniting these entities under a single brand. 

STAMFORD, Conn. and BATON ROUGE, La. (Jan. 14, 2025) ¬— United Rentals Inc. and H&E Equipment Services Inc. announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt.

MUNICH (Jan. 13, 2025) — The Nemetschek Group a global software provider for the digital transformation in the construction and media industries, is expanding its executive board. The supervisory board unanimously appointed Usman Shuja to the executive board, effective on Jan. 1. Shuja will continue to serve as chief division officer (CDO) of the Build & Construct Division and as CEO of Bluebeam Inc.

ROSEMONT, Ill. (Jan. 9, 2025) — The American Concrete Pavement Association (ACPA) has announced Don Weaver, president of Weaver-Bailey Contractors Inc., as the chairman of the board of directors in 2025.

WASHINGTON (Jan. 7, 2025) — The construction industry had just 276,000 job openings on the last day of November 2024, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting.

ANAHEIM, Calif. (Jan. 7, 2025) — Isuzu Commercial Truck of America Inc. announced that it set a new Isuzu retail truck sales record. In 2024, Isuzu dealers sold more low-cab-forward trucks than the previous record set in 2023. 

ATLANTA (Jan. 6, 2025) — Ian Aarsvold is the new Southwest region product manager for Takeuchi-US. A current resident of Des Plaines, Illinois, Aarsvold is relocating to the Dallas-Fort Worth area during Q1 2025 as he takes on his new role. 

BEDFORD, Mass. (Dec. 19, 2024) — Total construction starts increased 5% in November to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential building starts grew 2%, nonbuilding starts moved 16% higher, while residential building starts fell 1%. On a year-to-date basis through November, total construction starts were up 5% from the first 11 months of 2023.

STAMFORD, Conn. (Dec. 18, 2024) — United Rentals Inc. has launched its Excavation Safety Training for Competent Persons Program, offering an interactive approach to teaching trench and excavation safety. Designed to enhance compliance and productivity, the program has engaging activities for the learner to apply their knowledge in key areas tailored to one of most hazardous tasks in construction.

WASHINGTON (Dec. 10, 2024) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator remained unchanged at 8.4 months in November, according to an ABC member survey conducted Nov. 20 to Dec. 3. The reading is down 0.1 months from November 2023.

NEWPORT NEWS, Va. (Dec 10, 2024) — Liebherr recently celebrated the groundbreaking of its new state-of-the-art logistics center in Tupelo, Mississippi. Located at the Hive Business Park, this advanced facility represents a milestone in the company’s ongoing commitment to strengthening distribution capabilities across the Americas.

BASILDON, England (Dec. 16, 2024) — A special edition compact track loader from CNH construction brand CASE Construction Equipment was on display at the YouTube Theater in Inglewood, California, at the Helping Hands charity concert. Held on Dec. 13, this annual event is organized by the rock band Metallica’s All Within My Hands charitable foundation.

ALACHUA, Fla. (Dec. 11, 2024) — The National Center for Construction Education and Research (NCCER) — a 501(c)(3) nonprofit organization — expanded programs in 2024 to further its commitment to changing lives through construction education.