NEW YORK (December 7, 2016) – The Dodge Momentum Index moved 0.3 percent higher in November to 133.2 from its revised October reading of 132.7. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
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.
(NATIONAL) December 6, 2016 - Kathryn Richter, partner in Sedgwick's Construction Practices Group, will speak at the 3rd Annual California Construction Law Conference in Santa Monica, California on January 19-20.
HAMILTON, N.J. (December 1, 2016) – Joseph Nawa, a senior consultant at New Day Underwriting Managers LLC recently discussed the risks associated with everyday liability exposures at the 36th Annual IRMI Construction Risk Conference, held in Orlando, Florida.
CHATTANOOGA, Tenn. ( November 30, 2016) – McCarthy Building Companies and HKS Architects Inc. have completed the expansion of the surgical center and construction of the new patient tower at Erlanger East Hospital in Chattanooga, Tennessee.
NATIONAL (November 30, 2016) - The launch of Volvo Construction Equipment’s (Volvo CE) global website is the culmination of a project that enables the company’s online presence to be more valuable to customers, the media, jobseekers and other interested stakeholders. In addition to providing product and service information, the global site also gives visitors an insight into the company’s long history, what Volvo CE believes in and the values at the core of the business.
WASHINGTON (November 29, 2016) — October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released tod
COCOA BEACH, Fla. (November 21, 2016) – Pirtek USA has honored Bert Banaszak of Pirtek O’Hare in Chicago, Illinois, as its National Operations Manager of the Year. Banaszak and several other managers received awards during Pirtek’s 2016 Operations Managers Conference on November 5 in Cocoa Beach, Florida.
The 15th annual meeting gave operations managers from around the country an opportunity to network and learn best practices from one another.
NEW YORK (November 22, 2016) – New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics. Nonresidential building retreated from its brisk September pace, which was this sector’s strongest volume so far in 2016.
RACINE, Wis., (November 17, 2016) - CASE Construction Equipment and Sonsray Machinery provided equipment and product training support for a Team Rubicon operation and land-clearing project at the “Family Camp at Yosemite,” run by the City of San Jose Parks and Recreation Department, in Groveland,
LAS VEGAS (November 7, 2016) — Trimble announced it has entered into a definitive agreement to acquire privately-held Building Data, based in Rocklin, California.
Washington, DC (November 16, 2016) – After seeing consecutive months of contracting demand for the first time in 4 years, the Architecture Billings Index (ABI) saw a modest increase demand for design services. As a leading economic indicator of construction activity, the ABI reflects the approximate 9 to 12 month lead time between architecture billings and construction spending.
NEW YORK (November 21, 2016) – Dodge Data & Analytics has partnered with STACK Construction Technologies to integrate Dodge’s leading data and analytics with STACK’s cloud-based takeoff and estimating tools. The partnership will put Dodge’s extensive project data and STACK’s easy-to-use takeoff and estimating software in the hands of contractors and subcontractors through a seamless user experience.
MILWAUKEE, Wis. (November 22, 2016)- The Association of Equipment Manufacturers (AEM) honored Manitou Americas Inc. with its "Pillar of the Industry" award, reflecting Manitou Americas work to improve the business environment for the equipment manufacturing industry during this election year.
Washington, DC (November 17, 2016) – The Equipment Leasing & Finance Foundation (the Foundation) recently released the November 2016 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).
SAUK CENTRE, Minn. (November 16, 2016) – Felling Trailers conducted its fourth online auction of a FT-3 drop deck utility trailer to benefit a nonprofit organization. Felling Trailers wanted to bring awareness of and support to those individuals affected by brain tumors. Thus, Felling Trailers manufactured and painted one of its most popular trailers brain tumor gray and auctioned it online for 7 days during the month of November.
LAS VEGAS (November 16, 2016) - At a special AEC Excellence Awards luncheon today co-sponsored by Autodesk and Hewlett-Packard at Autodesk University 2016 in Las Vegas, Mortenson, BIAD and Rambøll Sweco ANS were awarded 1st Place Awards for Construction, Building and Infrastr
WASHINGTON (November 10, 2016) – The American Public Works Association (APWA) and other key water groups are urging Congress to include water infrastructure provisions as part of a final Water Resources Development Act (WRDA) bill this year.
The 12 water organizations support a bipartisan compromise of the WRDA bill with measures to invest in the nation’s water infrastructure, and to help communities meet their safe and clean water obligations.
NEW YORK (November 15, 2016) – Following 2 years of intensive, successful beta testing, IrisVR announces its two virtual reality products are available to the public. The full launch of IrisVR Prospect and IrisVR Scope follows news late last month that IrisVR had secured $8 million in Series A funding, bringing the startup’s total funding to date to $10 million.
LAS VEGAS (November 15, 2016) - At this year’s Autodesk University, one thing will be abundantly clear – Building Information Modeling (BIM) is the nexus of designing, building and operating. Embraced and adopted by governments and architecture, engineering and construction (AEC) firms across the globe for its capabilities to reduce cost and improve quality, BIM is now at what the late Andy Gro
SAN DIEGO (November 10, 2016) – Icon Building Supplies (Icon), Southern California’s leading DVBE provider of laydown yard management and third-party logistics services for utility companies, announced its CEO, Paul Loska, was named a Top Construction Leader by the San Diego Transcript.