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.
PEORIA, Illinois (February 26, 2016) — Caterpillar Inc. announced it will discontinue production of its on-highway vocational trucks. Based on the current business climate in the truck industry and a thorough evaluation of the business, the company decided it would withdraw from this market. This is also in line with the company’s ongoing restructuring to align its businesses with existing conditions.
In 2016 and the coming years, expect change. From the earliest stages of design to jobsite preparation and the construction process, no facet of a project will be left untouched. These updates will lead to projects that are faster, safer and less expensive. Read the infographic below to see the 10 trends that will shape the construction industry.
MOLINE, Illinois (February 22, 2016) - The equipment rental industry is poised for stable growth over the next few years, according to the latest forecast released by the American Rental Association (ARA), which calls for total rental revenue increases of 6.6 percent in 2016 and 5.6 percent in 2017.
WASHINGTON (February 16, 2016) – Associated Builders and Contractors (ABC) announced that more than 200 of the top construction apprentices and trainees in the country will compete in this year’s National Craft Championships, March 2-3, at the Greater Fort Lauderdale/Broward County Convention Center in Fort Lauderdale, Florida.
WASHINGTON (February 16, 2016) – Green Seal is developing a new environmental leadership standard for Architectural Thermal Insulation Materials, GS-54. Green Seal invites all interested parties to participate by registering as stakeholders here.
CHARLOTTE, North Carolina (February 16, 2016) - ASC Construction Equipment USA Inc. announced the addition of Carlson Paving Products’ commercial pavers to their product line in the southeast.
Carlson Paving Products has been the leader in screed machinery for over 30 years.
BLOOMINGTON, Minnesota (February 17, 2016) – Toro announced the expansion of a trusted equipment dealer, C&O Equipment Company. The dealer’s new location will offer Toro’s full line of products including directional drills, ride-on trenchers, concrete & masonry equipment, compact utility equipment, walk-behind trenchers and Toro genuine parts.
SAUK CENTRE, MINNESOTA (February 15, 2016) – Motorcycling is about the machine, the ride, the people, the culture and the experiences along the way. As an avid motorcyclist himself, Gary Knudsen, a Felling Trailers trailer consultant, was more than obliged to attend an annual 2-day motorcycle run that a Felling Trailers dealer holds each year.
BARAGA, Michigan (February 11, 2016) — Pettibone/Traverse Lift LLC has announced the launch of its new website.
Pettibone’s website features enhanced navigation and extensive information on the company’s core product lines, including its Extendo telehandlers, Cary-Lift pipe, log and tire handlers and Speed Swing rail cranes.
ELBURN, Illinois (February 9, 2016) – Terramac has expanded its representation in the North American market by including Enviro Services as part of its dealer network.
LAS VEGAS (February 12, 2016) - World of Concrete 2016 exceeded expectations across the board. This signature event for the concrete industry drew 60,110 registered professionals, up from 55,779 in 2015, and featured more than 1,532 companies exhibiting across more than 743,889 net square feet of space, an increase of more than 67,000 net square feet from 2015. This was the largest World of Concrete in 7 years.
SKOKIE, Illinois (February 15, 2016) – The Portland Cement Association (PCA) launched Design and Control of Concrete Mixtures, 16th edition, a fully-revised and comprehensive guide to today’s concrete applications, methods and materials.
Portsmouth, NH (February 11, 2016) – B2W Software recently announced notable 2015 revenue growth, market penetration and product development achievements.
Omaha, NE (February 8, 2016) – Proxibid will provide online bidding for several high volume equipment sales during the month of February, including the famed Yoder & Frey Kissimmee auction.
Construction Business Owner, the leading business management magazine for contractors, is pleased to announce a free webinar presented in partnership with Fundbox.
GRAND RAPIDS, Michigan (February 3, 2016) -The Engine Division of Kawasaki Motors Corp., U.S.A. was one of the industry’s early adopters of parts warehouse and delivery outsourcing, and the move to UPS logistics services several years ago has proven to be a major benefit to Kawasaki’s dealer network. The company has announced an expansion of its arrangement with UPS to include a new full service warehouse in Dallas, effective this month.
WASHINGTON (January 21, 2016) – The United States heavy equipment distribution industry loses at least $2.4 billion each year as a result of dealers’ inability to find and retain technically skilled workers. The figure, based on an estimated 9 percent of earnings foregone by American dealerships represented by Associated Equipment Distributors (AED), was included in a report released on Jan. 20 by The AED Foundation (AEDF).
LAS VEGAS, World of Concrete (February 2, 2016) – NoteVault announced the launch of a new program designed to incre
MILWAUKEE (February 8, 2016) - The Association of Equipment Manufacturers (AEM) has won “Fastest 50” honors for three AEM-run exhibitions held in 2015:
LOS ANGELES (January 20, 2016) —The winter season continues to create an inordinate amount of storm activity across North America, forcing businesses to reevaluate the priority and required functionality of their safety gear. Cold weather increases hazards related to rain, snow and ice, exposing workers to dangerous fall and slipping risks and making it important for employers to equip their workers with the correct gear.
