MANSFIELD, Ohio (April 2, 2018) — Minnich Manufacturing has added New York’s JC Smith Inc. to its dealer network.
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.
WASHINGTON – The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for February was $7.7 billion, up 31 percent year-over-year from new business volume in February 2017. Volume was up 13 percent month-to-month from $6.9 billion in January.
RENO, Nev. – Reno Air Racing Association (RARA) is pleased to announce STIHL Inc. has extended its sponsorship contract as Title Sponsor for the 2018 and 2019 National Championship Air Races as well as the airing of the NBC Sports episodes of the races in 2019 and 2020. The 55th annual STIHL National Championship Air Races are scheduled Sept. 12-16, 2018, at the Reno-Stead Airport.
NORWALK, Conn. (April 2, 2018) – Triax Technologies Inc. announced that it has been named Health and Safety Solution of the Year from the New York City Construction Awards (NYCCA), held in conjunction with the New York Build Expo.
NATIONAL – Volvo Construction Equipment moves into a new dimension to assist customers in supplying spare parts, and as part of its commitment to the research and development of new products. As the construction industry looks to new methods for efficient production, equipment manufacturers are likewise exploring additional ways to boost productivity. Volvo CE has introduced 3-D printing in order to deliver spare parts to customers more quickly and efficiently.
NEWARK, N.J. (March 27, 2018) – PSEG Solar Source announced that its PSEG Cork Oak Solar Energy Center successfully began operations in December 2017.
The 26.2-megawatt (dc) facility has a 10-year power purchase agreement with Virginia Electric and Power Co. and is located about 90 miles northeast of Raleigh in Halifax, N.C. It is the third project PSEG Solar Source has developed in collaboration with BayWa r.e.
HAMILTON, N.J. (March 22, 2018) – John Heft, senior vice president and director of the real estate practice at New Day Underwriting Managers LLC, highlighted the Current Trends in the Environmental Marketplace at the 2018 IRMI Energy Risk & Insurance Conference (ERIC) held in Houston, Texas.
NEWPORT NEWS, Va. (March 23, 2018) – Liebherr, which has been manufacturing and operating in Newport News for over 48 years, invests $45 million in the expansion of its Newport News, Virginia, facility. The new expansion will include the construction of three new buildings on twenty-eight acres adjacent to the Liebherr’s current manufacturing facility. With this investment, Liebherr continues to grow its operations in the United States.
BROOKFIELD, Wis. (March 22, 2018) – Never Idle LLC and VeriTread for Business have announced a partnership to ensure Never Idle’s clients get the best logistics transportation option on equipment deliveries. The agreement allows Never Idle to use VeriTread For Business to arrange hassle-free transportation with trusted heavy haul operators while moving construction equipment between the owner and the renter or purchaser.
LA SARRE, Quebec (March 21, 2018) – Kenworth La Sarre has relocated to a new and larger 12,000-square-foot facility to enhance its support of truck operators and fleets in the mining, timber and agricultural industries in northwestern Quebec.
ST. LOUIS (March 20, 2018) – Western Specialty Contractors recently bid farewell to Chief Operating Officer (COO) Jim Rechtin Sr., who officially retired from the company after 46 years of dedicated service. Senior Vice President of Operations Tom Brooks has been promoted to replace Rechtin as COO.
MADISON, Wis. (March 19, 2018) — Miron Construction Co. Inc., in partnership with Zimmerman Architectural Studios Inc., recently began work to renovate and improve the University of Wisconsin-Madison Wisconsin Institute for Medical Research.
The 13,200-square-foot renovation includes installing a new MRI unit, a new Positron Emission Tomography/Computerized Tomography (PET/CT) unit, and multiple pieces of laboratory equipment for research.
ROCKVILLE, Md. (March 19th, 2018) – Shapiro & Duncan’s craftsmen were awarded for displaying exceptional skills in the mechanical contracting category for the following projects: Duke Ellington School of the Arts Modernization, United States Holocaust Memorial Museum Conservation Collection Center and Carnegie Institution of Science.
BIRMINGHAM – Command Alkon will offer their annual Spring TRAININGDAYS Regional event. System users and administrators gather at these events to sharpen skills on system administration and configuration and to learn optimal standard practices for receiving maximum value from their systems.
NEW YORK – The Dodge Momentum Index increased 0.5 percent in February to 146.9 (2000=100) from the revised January reading of 146.2.
Understanding lean construction & creating a plan for more profit
BIRMINGHAM, Ala. (March 20, 2018)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.
The live, online event, "What Does Lean Really Mean?,” will take place May 3, 2018, at 1 p.m. EST. Registration is free at constructionbusinessowner.com/webinars.
NATIONAL – 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, in Moore, Oklahoma.
SUGAR LAND, Texas (March 15, 2018) – Construction software developer HCSS announces the winners of its annual Construction Intern Awards. The company’s third-annual program awarded a combined $50,000 in college scholarships to students in construction-related fields who interned with construction companies for at least 2 months during the 2016-2017 school year or summer of 2017.
BURR RIDGE, Ill. (March 15, 2018) – Residential heating contractors can hone their condensing boiler technology skills and knowledge by participating in Weil-McLain’s 2018 School of Better Heating Presents: Condensing Boiler Technology—Contractor Edition program. The School of Better Heating program is an annual series of comprehensive training seminars from the leading North American designer and manufacturer of hydronic comfort heating systems.