Construction Industry News

BORDEAUX, France (July 17, 2025) — In June, the FAYAT Group, a global construction equipment manufacturer, signed a definitive agreement to acquire LeeBoy, a well-established brand in the roadbuilding equipment sector. This acquisition represents a key strategic move for FAYAT Group as part of its ongoing commitment to expand in the U.S. and Canada.

BOSTON (July 8, 2025) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 from the downwardly revised May reading of 210.9. Over the month, commercial planning grew 7.3% while institutional planning improved 5.7%. 

New York (July 14, 2025) — Roosevelt Road Specialty, a provider of specialized insurance for construction, is now supplementing its legal offensive with artificial intelligence (AI). Instead of reacting to fraud after losses have occurred, the AI system will sift through large volumes of claim submissions, flagging those with irregularities for immediate review.

IRVING, Texas (July 11, 2025) ― Caterpillar announced its Cat Fleet Bucket Program, which allows customers to benefit from Cat ground engaging tools (GET) even on third-party buckets sourced from local bucket manufacturers.

July 3, 2025 — Construction sector employment increased by 15,000 positions in June as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government data the Associated General Contractors of America (AGC) released.

SUWANEE, Ga. (July 2, 2025) — HD Hyundai, headquartered in Seoul, South Korea, will merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment, effective Jan. 1, 2026.

WASHINGTON (July 1, 2025) — Senate Republicans hauled President Donald Trump’s big tax breaks and spending cuts bill to passage Tuesday by the narrowest of margins, pushing past opposition from Democrats and their own GOP ranks after a turbulent overnight session. 

WEST FARGO, N.D. (July 1, 2025) — Bobcat Company had appointed Laura Ness Owens as chief marketing officer (CMO). In this newly established executive role, Ness Owens will lead global marketing, brand, customer experience and corporate communications strategies for the organization. 

RBA Builders LLC, a full-service general contractor in California, announced a key leadership transition. Allan Quan, vice president finance since 2017, is retiring in 2025 to spend more time with family. Quan has played a pivotal role in guiding the company’s financial strategy during times of significant growth and industry change.

A new industry report from Bridgit reveals that 98% of construction leaders plan to increase investments in workforce planning over the next year, with nearly all turning to artificial intelligence (AI), automation and advanced analytics to navigate the construction industry’s intensifying labor crisis.

SAN DIEGO (June 24, 2025) — Samsara Inc. unveiled more than a dozen artificial intelligence (AI)-powered solutions for physical operations. Fueled by Samsara’s open platform, these solutions empower organizations to operate smarter — and alter the industry’s approach to the safety of frontline teams.

IRVING, Texas (June 23, 2025) — Caterpillar has recently launched a comprehensive library of how-to videos and articles for customers that prefer to do their own maintenance and repairs. This library includes a new series of do-it-yourself (DIY) videos designed to help customers confidently maintain their Cat equipment.

WASHINGTON (June 18, 2025) — The American Institute of Architects/Deltek Architecture Billings Index (ABI) remained in negative territory in May with a score of 47.2, up from 43.2 in April. Any score below 50 indicates a billings decline, although this month’s score indicates that somewhat fewer firms reported a decline in billings in May than in April.

SAN ANTONIO (June 19, 2025) — Skanska USA Building has announced the promotion of three people in its Texas market to project executive: Blake Beran, Tom Hull and Ben Johnson. All three exhibit exceptional leadership and relationship skills, ensuring building projects are properly managed from start to finish.  

BREESE, Ill. (June 18, 2025) — Poettker Construction Company is celebrating 45 years in business as a multigenerational, family-owned construction firm supporting a diverse portfolio of projects in markets across the country. 

Founded in 1980 by Charles Poettker, the company has grown into a $400 million construction firm specializing in construction management, design-build services and general contracting.

WASHINGTON (June 12, 2025) — Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.3% for the month.

RACINE, Wis. (June 17, 2025) — CASE Construction Equipment has released an all-new “Heavy Metal” Hetfield Limited Edition TV450B compact track loader ready to roar onto jobsites.

June 10, 2025 — Volvo Construction Equipment (Volvo CE) is making a significant investment to expand production worldwide. For crawler excavators, three main sites will see approximately $261 million invested to expand crawler excavator production to meet growing customer demands, mitigate supply chain risks and reduce reliance on long-distance logistics. These sites include Shippensburg, Pennsylvania; Changwon, South Korea; and a location in Sweden.

WASHINGTON(June 12, 2025) — The National Hispanic Construction Alliance (NHCA), a trade association powered by the National Association of Hispanic Real Estate Professionals (NAHREP) and dedicated to empowering the Hispanic community in the construction industry, announced the installation of its inaugural national board of directors.

BORDEAUX, France (June 10, 2025) — FAYAT Group has acquired a 100% stake in the Mecalac Group, which offers a wide range of compact construction equipment for urban worksites, including excavators, loaders, dumpers and backhoe loaders. The company has production units in France, Germany, the United Kingdom and Turkey.