WATERTOWN, S.D. (April 17, 2018) – Terex Utilities announces plans to construct a state-of-the-art manufacturing facility on a 55-acre site in Watertown, South Dakota. Here, Terex Utilities will house all of its assembly, fiberglass, paint, and installation for the company’s aerial devices, digger derricks, and auger drills. By consolidating from ten facilities to one, Terex Utilities aims to enhance its production efficiencies and improve product lead times.
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.
INDIANOLA, Iowa (April 10, 2018) – Cemen Tech announced they have signed ROMCO Equipment Co. as the exclusive dealer for Cemen Tech volumetric concrete mixers in Texas. ROMCO has grown to become one of the leading providers of equipment and services for heavy earthmoving equipment, material processing systems, paving equipment and portable power systems throughout Texas.
PORTLAND, Ore. (April 10, 2018) – Viewpoint announced the acquisition of Keystyle Data Solutions (Keystyle). Based in Monrovia, California, Keystyle has been a leading Viewpoint technology partner since 2014, developing easy-to-use browser interfaces which extend the value of Viewpoint construction management software to a contractors’ employees, project managers, and job site superintendents.
WASHINGTON (April 11, 2018) – After solid growth in 2017, investment in equipment and software will likely continue to strengthen in 2018 and is projected to expand 8.5 percent (down slightly from 9.1 percent in the Economic Outlook published in December) according to the Q2 update to the 2018 Equipment Leasing & Finance United States Economic Outlook released today by the Equipment Leasing & Finance Foundation.
WASHINGTON (April 11, 2018) – The American Institute of Architects (AIA) EVP and Chief Executive Officer Robert Ivy, FAIA, is being awarded the Noel Polk Lifetime Achievement Award by the Mississippi Institute of Arts and Letters (MIAL).
RACINE, Wis. (April 11, 2018) – CASE Construction Equipment has designated Luby Equipment Services, headquartered in Fenton, Missouri, as a CASE Precision Construction Certified Dealer. The certification signifies that Luby Equipment has completed the official training, conducted by CASE, to guarantee that the dealer is capable of expertly selling, supporting and servicing precision construction solutions—from off-machine construction tools up to 2D and 3D systems.
ORANGE PARK, Florida – Eight departments of transportation were named winners of the 2017 Perpetual Pavement Award by Asphalt Pavement Alliance (APA). The award celebrates long-life asphalt pavements that reflect the characteristics of a Perpetual Pavement design.
MARTINSBURG, Pa. (April 9, 2018) – Curry Supply has announced the launch of its new website. The new site features everything that Curry Supply brings to heavy-duty commercial service vehicle manufacturing, with photography and video treatments and user-friendly access on any device.
SKOKIE, Ill. (April 5, 2018) – The Portland Cement Association (PCA) released its annual spring forecast, which envisions modest growth for cement consumption over the next 2 years. PCA’s Market Intelligence Group estimates consumption to grow by 2.8 percent in both 2018 and 2019, and then to climb by 4 percent in 2020 as impacts from potential federal infrastructure spending are likely to take effect.
NEW YORK (April 6, 2018) – The Dodge Momentum Index moved 6.1 percent higher in March, rising to 155.0 (2000=100) from the revised February reading of 146.0. 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.
ROLLING MEADOWS, Ill. (April 9, 2018) – Komatsu America Corp. announced plans to move company headquarters to Chicago, IL in 2020.
The new site at Triangle Plaza, 8770 W. Bryn Mawr Ave., will feature a new, open floorplan, designed to foster more collaboration and cross-functional team communication. The design will reinforce the company’s focus on cross-discipline collaboration that drives customer-first solutions and services.
MILWAUKEE (April 9, 2018) – The Association of Equipment Manufacturers (AEM) has elected John D. Lagemann, senior vice president of sales and marketing–Regions 3 & 4, Deere & Co., as the new AEM 2018 vice chair.
He fills the unexpired officer term of Jim Walker of CNH Industrial, who recently retired. In a related move, AEM elected Scott Harris of CNH Industrial to the Association’s board of directors, to fill Walker’s unexpired 2018 board term.
Chicago, Illinois (February 21, 2018) - Ryan Specialty Group LLCannounced it has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers, LLC (New Day), a specialty intermediary with offices in Hamilton, New Jersey. New Day will become part of R-T Specialty, LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group (RSG). Jefferey S.
Rolling Meadows, Illinois (February 26, 2018) - Komatsu America Corp. announced that, through its subsidiary F&M Equipment Ltd., it has entered into a purchase agreement with Pine Bush Equipment (PBE) Group, consisting of Pine Bush Equipment Co. Inc. and East PBE Inc., to purchase the assets of PBE group, subject to a period of due diligence and final approval of Komatsu Ltd. (with the exception of the Kubota line of equipment and parts).
Brookfield, Connecticut (February 21, 2018) – Fred Dotson has been promoted to president at Cultec Inc., manufacturer of plastic stormwater chambers for commercial and residential projects. Dotson succeeds Robert DiTullio Jr., who will become the business’ chief business development officer. Robert DiTullio Sr., who founded the company in 1986, is the company’s chief executive officer.
Omaha, Nebraska (February 8, 2018) - Elliott Equipment Company, manufacturer of truck-mounted material, handling work platforms, cranes and digger derricks is celebrating its 70th anniversary in 2018.Elliott Equipment Company was founded in 1948 by Dick Elliott. The company, which was founded and still based in Omaha, Nebraska, was one of the pioneers in developing truck-mounted aerial equipment.
San Diego, California (February 12, 2018) — Craig Parker was sworn in as 2018 chairman of the National Asphalt Pavement Association (NAPA) at a ceremony during the association’s 63rd annual meeting. As chairman, Parker is responsible for guiding NAPA’s efforts to support the asphalt pavement industry. Parker is executive vice president of Silver Star Construction, based in Moore, Oklahoma.
Strömsund, Sweden, (February 13, 2018) – Engcon, manufacturer of tiltrotators – a kind of tilting and rotating quick coupler for excavators – has delivered its 10,000th DC2 control system from its factory. The DC2 is one of the smartest control systems on the market. Not only does it boast a range of functions, it also has remote support via the mobile phone network.
FREDERICK, Md. (April 2, 2018) – Daniel M. Ryan, founder and chief executive officer (CEO) of Dan Ryan Builders, announced his succession plan naming long-time chief operating officer and senior vice president, Ronald (Ronny) Salameh as his successor. Effective April 1, 2018, Salameh was named president of Dan Ryan Builders.
SUWANEE, Ga. – Doosan Infracore North America LLC, has expanded its dealer network with the addition of two branches of ACT Construction Equipment as authorized sales, service, parts and rental providers of Doosan equipment.