(Jan. 2018)—The setting for the Dynapac North America visual identity launch at the historic Biltmore Estate in Asheville, North Carolina, provided a beautiful back drop and relaxing atmosphere to showcase newly branded Dynapac equipment and share the future of the organization to 80+ dealers and rental partners from the United States, Canada and Mexico.
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.
RENSSELAER, Ind. (Feb. 13, 2018) — Talbert Manufacturing named Hale Trailer Brake & Wheel, headquartered in Voorhees, New Jersey, as its top dealer for the 10th straight year. This award recognizes a Talbert dealer for outstanding performance in selling trailers, service and parts. In 2017, Hale sold more parts than any other Talbert dealer.
(Feb. 9, 2018) – National law firm Lowenstein Sandler advised Foley Inc., the Caterpillar franchisee for northern New Jersey, Staten Island, and Bermuda, in acquiring substantially all of the assets of Giles & Ransome Inc. (Ransome CAT). The move expands Foley’s Caterpillar territory to include eastern Pennsylvania, southern New Jersey and northern Delaware.
BIRMINGHAM, Ala. (February 9, 2018)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with CM Labs Simulations.
The live, online event, "The ROI of Simulation-Based Operator Training,” will take place March 22, 2018, at 1 p.m. EST. Registration is free at constructionbusinessowner.com/webinars.
INTERNATIONAL — Volvo Construction Equipment (Volvo CE) put in a strong performance in the fourth quarter of 2017, helping its parent company the Volvo Group achieve the highest sales and operating income in its history. Improved competitiveness coupled with growing demand – especially in Asia – helped Volvo CE deliver strong improvements in sales, operating income and order intake.
WASHINGTON (January 31, 2018) — The United States Green Building Council (USGBC) released the annual list of the Top 10 States for LEED (Leadership in Energy and Environmental Design), the world’s most widely used green building rating system. The list ranks states in terms of certified square feet per resident in 2017.
SAN JUAN, Puerto Rico—Citi Community Development and four Department of Housing and Urban Development (HUD)-approved housing counseling organizations announced today an initiative to provide urgently-needed housing assistance in Puerto Rican communities affected by Hurricane Maria.
ATLANTA—The Associated General Contractors of Georgia (AGC Georgia) and the Construction Education Foundation of Georgia are partnering with YouScience to uncover high school students throughout the state with an aptitude for careers in the construction industry.
BARAGA, Mich. — Pettibone/Traverse Lift LLC announces the addition of Taylor Machine Works to its dealer network. Taylor will carry Pettibone Cary-Lift pipe and pole handlers for multiple states across the southern United States, including Virginia, North Carolina, Tennessee, Alabama, Mississippi, New Mexico and several counties in Texas.
MANSFIELD, Ohio (January 23, 2018) — In 1968, Roger Minnich and two employees began building concrete vibrators at a gas station in Mansfield, Ohio. From those humble beginnings, Minnich Manufacturing has become the industry leader in vibrators, vibrator monitoring systems and concrete dowel pin drills.
NAPLES, Fla. (January 16, 2018) – EHC Inc. announced it started 13 new projects and completed 9 projects throughout Southwest Florida in 2017. Plus, the site construction company provided a variety of services for hurricane repair and relief efforts in the area. EHC also expanded its team nearly 15 percent to accommodate company and market growth.
NEW YORK (January 23, 2018) – Dodge Data & Analytics announced the launch of Dodge Construction Central, continuing the evolution of Dodge’s vision for a single unified hub where all construction industry and project stakeholders can discover, share and access new and unique insights from across the entire construction ecosystem and along the full project lifecycle to make timely, data-driven decisions.
NEENAH, Wis. (January 22, 2018) — Miron Construction Co. Inc. is celebrating its 100-year anniversary in 2018. The company also achieved more than $1 billion in annual revenue (in 2017) for the first time in its long-standing history.
WASHINGTON (January 18, 2018) – The Equipment Leasing & Finance Foundation (the Foundation) releases the January 2018 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. 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.
IRVING, Texas — Fluor Corporation announced that the company was named to Fortunemagazine’s 2018 World’s Most Admired Companies list for the 18th consecutive year.
NEW YORK (January 22, 2018) — The global fire protection materials market for construction industry is expected to reach USD 8.10 billion by 2025.
The market is anticipated to grow with the implementation of fire safety regulations and strict building codes. In addition, the growing awareness among people toward fire safety is anticipated to trigger the market growth.
WASHINGTON, D.C. (January 18, 2018) – The Northeast Ohio Regional Sewer District (NEORSD) Southerly Wastewater Treatment Plant in the Greater Cleveland area is the recent recipient of the Envision Silver award for sustainable infrastructure from the Institute for Sustainable Infrastructure (ISI).
BIRMINGHAM, Ala. (January 17, 2018)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.
MANITOWOC, Wis. — The Manitowoc Company Inc. announced it will relocate its corporate headquarters from Manitowoc, Wisconsin, to Milwaukee, Wisconsin.
Manitowoc will lease approximately 16,000 square feet in One Park Place in the Park Plaza office park. Manitowoc has already started to transition headquarters employees with the relocation expected to be completed by the end of the first quarter, 2018 pending completion of the build-out.
LAUREL, Miss. — The Laurel Housing Authority will be awarded $488,000 in Affordable Housing Program (AHP) funds from the Federal Home Loan Bank of Dallas (FHLB Dallas) and FHLB Dallas member The First, A National Banking Association, to provide housing rehabilitation assistance for 72 very low-income homeowners in Laurel, Mississippi.