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.

Three-part program supports advances in product technology

NORTH AMERICA (July 5, 2016) - Caterpillar announced the extension and further expansion of its fuel consumption guarantee and a parts availability guarantee, both bundled with telematics solutions. This program, Cat Pays You Back, supports the advances in product technology from Caterpillar. Caterpillar wants to help customers overcome these challenges with a special three-part purchase offer.

In June, 14 projects entered planning with a value that exceeded $100 million

NEW YORK, N.Y. – (July 8, 2016) – The Dodge Momentum Index rose a sharp 11.2 percent in June to 134.4 from its revised May reading of 120.8 (2000=100). 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.

Award recognizes Talbert dealers for high performance in selling trailers, service & parts

RENSSELAER, Ind. (July 6, 2016) — Talbert Manufacturing named Hale Trailer Brake & Wheel of Voorhees, New Jersey, as its top dealer for the eighth straight year. This award recognizes a Talbert dealer for high performance in selling trailers, service and parts.

Foundation gave $6,000 to the American Red Cross for first-responder relief efforts

MOLINE, Ill. (July 5, 2016) - Devastating wildfires in California and historic floods in West Virginia have resulted in loss of life, destroyed hundreds of homes and forced thousands to seek shelter elsewhere.

Mechanicsburg construction company among top 50 Fastest Growing Companies for third time in company history

MECHANICSBURG, Penn. (June 30, 2016) – Mowery, a Mechanicsburg-based construction company, has been named as one of the Top 50 Fastest Growing Companies in Central Pennsylvania by the Central Penn Business Journal. Mowery was also named to the list in 2008 and 2009, making this the third time the company has achieved this milestone. Previously, Mowery has been ranked #1 and #5 on the list.

For a limited time, users can register for a free account which will allow them to list a product or service at no cost for the first 3 months

GLOBAL (June 29, 2016) - Through Zureli, the green building community will be able to source for products and services that will help make buildings more environmentally friendly and sustainable.

Each award recipient has made lasting contributions to the safety profession

ATLANTA, Georgia (June 29, 2016) - The Board of Certified Safety Professionals (BCSP) recognized Brad D. Giles, CSP, STSC, P.E., Grad IOSH; Jeremiah N. Shupe, CSP, ASP, CHST; and Paul G. Specht, PhD, CSP for their many accomplishments as safety professionals. The BCSP certificants received awards at the fifth annual Award of Excellence ceremony at the American Society of Safety Engineers' (ASSE) Safety 2016 Professional Development Conference in Atlanta, Georgia.

Career readiness program supports minority-owned, woman-owned & locally-based business enterprises

LONG ISLAND CITY, New York (June 27, 2016) —The first cohort of the Opportunity Academy, a construction administration training program that can lead to employment opportunities with city agencies or small businesses throughout

Data shows strong gains reported for public works, power plants & multifamily housing

NEW YORK (June 24, 2016) – At a seasonally adjusted annual rate of $636.7 billion, new construction starts in May increased 5 percent from April, according to Dodge Data & Analytics.  Much of the growth came from the nonbuilding construction sector (public works and electric utilities), which was lifted by a $3.8 billion oil pipeline in the upper Midwest as well as by seven power plant projects with a combined cost of $4.3 billion.

Act would authorize nearly $10 billion over 10 years for water-related infrastructure projects

WASHINGTON (June 27, 2016) – The American Public Works Association (APWA) joins 86 organizations, including the United States Chamber of Commerce, the American Association of Port Authorities and the American Society of Civil

Company has nearly doubled in size over the past year

MENLO PARK, California (June 24, 2016) --Kespry recently announced the close of a Series B equity-financing round of $16 million that includes investments from DCM Ventures and Lightspeed Venture Partners. With these funds, Kespry is hiring more engineering and service teams to ramp-up production and serve customers.

This year’s event hosted 59 people representing 38 utility companies

WATERTOWN, South Dakota (June 14, 2016) – To keep mechanics and service technicians up-to-date on the latest Terex equipment technologies and equipment advancements, Terex Utilities hosted its annual Service School on June 7-9, 2016, in Watertown, South Dakota. At this year’s event, the Terex Service Department hosted 59 people, representing 38 utility companies. Attendees came from as far away as Australia, China and New Zealand to participate.

Tour brings safety training direct to users where they work

MT. PROSPECT, Illinois (June 14, 2016) – Training in the construction industry is sometimes the difference between making a profit or not – it’s that important. The only thing that makes some of the best power tool training in the industry better is when it comes to you. And that’s exactly what the 2016 Bosch Power Tools Mobile Tour is all about – bringing great training and information to the jobsite.

Collaboration enables construction professionals to harness the power of the digital era, increase productivity, reduce redundancy & eliminate waste

WASHINGTON (June 20, 2016) Autodesk and Associated Builders and Contractors (ABC) announced a strategic partnership built on a shared vision of enabling construction professionals to work smarter by harnessing the power of the digital era to help increase productivity, reduce redundancy and eliminate waste.

CEO of New Orleans commercial contracting firm chosen from 30 Gulf Coast finalists

NEW ORLEANS, Louisiana (June 20, 2016)  – EY recently announced that Wesley Palmisano, CEO of Palmisano, a New Orleans commercial contracting firm, received the EY Entrepreneur Of The Year 2016 Award in the industrial services and construction category in the Gulf Coast Area. This year marks the 30th anniversary of the EY Entrepreneur Of The Year Award program.

Dealership will serve Bandit customers throughout northeast & east central Iowa

FARLEY, Iowa (June 20, 2016) – Bandit Industries Inc. announced it has added Iowa-based J.P. Scherrman Inc. to the company’s growing dealership network. Headquartered in Farley, Iowa, J.P. Scherrman offers sales, parts and service for Bandit hand-fed wood chippers and stump grinders. The dealership will serve Bandit customers throughout northeast and east central Iowa, including the metropolitan areas of Dubuque, Davenport, Waterloo and Cedar Rapids.