Procore.org is working to empower the construction industry and the communities it serves, and one way they aim to achieve this is through supporting non-profit organizations that are helping to build and rebuild within local communities. As Construction Safety Week approaches (May 7-11), Procore is excited to announce their partnership with National Hispanic Entrepreneurs’ Organization (NHEO) Institute, a United States non-profit focused on the construction and engineering industry.
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.
In recognition of Safety Week, taking place May 7-11, 2018, Triax Technologies Inc., provider of technology for the connected jobsite, shared key strategies construction firms can implement at all levels of their organizations to improve safety outcomes on the jobsite. Based on insights gained from the safety initiatives of leading contractors, Triax identified three best practices. Read here for more.
WASHINGTON (April 25, 2018) – 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 March was $9.1 billion, up 2 percent year over year from new business volume in March 2017. Volume was up 18 percent month-to-month from $7.7 billion in February.
The Center for Association Leadership hasselected the Association of Equipment Manufacturers (AEM) for a Gold Circle Award, which recognizes excellence, innovation and achievement in association/nonprofit marketing, membership and communications programs. AEM is one of 14 Gold Circle Award honorees nationwide in 2018, winning for its CONEXPO-CON/AGG marketing campaign. ASAE noted that the outstanding quality of entries required judges to make tough choices to determine the Gold Circle Award winners.
WASHINGTON (April 19, 2018)—The American Institute of Architects (AIA) Committee on the Environment (COTE) announced this year’s recipients for its highest honor—the COTE Top Ten Awards. COTE bestows the award annually on 10 design projects that have expertly integrated design excellence with cutting-edge performance in several key areas.
Green Building Council (USGBC), creators of the Leadership in Energy and Environmental Design (LEED) green building rating system, announced significant streamlining for all LEED prerequisites and some credits for California projects that are pursuing certification under LEED v4. New projects built to California’s robust energy and green building codes (CALGreen) are pre-approved for significant streamlining of fundamental LEED requirements.
Representatives from Corvex Connected Safety, the first worker-powered Internet of Things (IoT) safety platform, announced that personal protective equipment (PPE) industry leader MCR Safety has joined the company’s strategic partner program. The Corvex Connected Safety Platform uses IoT infrastructure to create smart, connected work environments that engage and empower workers. The companies will collaborate to develop Smart PPE technology that integrates MCR Safety equipment with the Corvex solution.
Delray Beach, Florida (April 26, 2018)—Award-winning construction firm Kaufman Lynn Construction (KL) debuted its new corporate headquarters on Delray Beach’s Congress Avenue Corridor with an invitation-only open house event on Thursday, April 26. The open house was a chance to meet with KL’s top decision-makers, including CEO Michael “Mike” Kaufman and Frank White, the company’s new president.
Cemen Tech, a global leader in the volumetric concrete mixing industry, announced today they have recently signed Linder Industrial Machinery as the exclusive dealer for Cemen Tech volumetric concrete mixers in Florida, North Carolina and South Carolina. Linder, with over six decades of experience and 18 locations, has expanded their services by getting into more specialized types of offerings. Cemen Tech, a global leader in the volumetric concrete mixing industry, announced today they have recently signed Linder Industrial Machinery as the exclusive dealer for Cemen Tech volumetric concrete mixers in Florida, North Carolina and South Carolina. Linder, with over six decades of experience and 18 locations, has expanded their services by getting into more specialized types of offerings.
Pettibone/Traverse Lift LLC announces the addition of Palmer Johnson Power Systems to its dealer network. Palmer Johnson will carry Pettibone Extendo and Traverse telehandlers and Cary-Lift pipe and pole handlers for Southern and Central California, while focusing strictly on the Extendo and Traverse product lines in the state of Washington.
When Habitat for Humanity of Greater Pittsburgh decided to build four new homes for first-time homebuyers in Homewood, it was a no-brainer for 84 Lumber to get involved. Building upon its 60 plus years of community commitment, the company recently announced a donation of $250,000 over the next year to support future improvements.
WASHINGTON (April 24, 2018) – The Portland Cement Association (PCA) announced the winners of the 2018 Safety Innovation Awards, which recognize creative safety-enhancing projects in the cement industry. Presented at the 2018 Cement and Concrete Fly-In event, the winners were determined by a panel of judges that evaluated innovative submissions from across the country in the following categories: milling/grinding, distribution, pyroprocessing and general f
WASHINGTON (April 19, 2018) – The Equipment Leasing & Finance Foundation (the Foundation) recently released the April 2018 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector.
(April 18, 2018) – Two international trade associations joined forces to urge the Trump administration to permanently exempt Canada from steel tariffs and modernize the North American Free Trade Agreement (NAFTA) without scrapping the accord entirely.
SUNNYVALE, Calif. (April 23, 2018) – Trimble announced it has entered into a definitive agreement to acquire privately-held Viewpoint from Bain Capital in an all-cash transaction valued at $1.2 billion. Viewpoint is highly complementary to Trimble's e-Builder business, and will extend Trimble's ability to provide more complete and integrated project, jobsite and business workflows across the construction lifecycle.
How the small task of daily reporting can make or break your bottom line
Construction business owners know that overlooking smalls tasks on a project can amount to big headaches and, potentially, serious problems. Daily reporting on the jobsite is a small task that can make or break a project, and the way your business handles it can make all the difference to your bottom line.
Join us for this webinar, which will teach business and project managers how using daily reports to identify more profitable job types enables estimators to pursue high-value jobs that their construction businesses are more equipped to complete, as well as how to acquire and operate the necessary tools to do so.
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.
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.