NEW YORK (Feb. 26, 2018) – At the 99th Annual AGC Convention, Steve Jones, Dodge Data & Analytics’s Senior Director of Industry Insights Research, will lead a session on “Implementing Key Performance Indicators (KPIs): A Strategic Approach.”
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.
ROLLING MEADOWS, Ill. (Feb. 26, 2018) — Komatsu America Corp. announced it has entered into a purchase agreement with 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). The planned closing date for the sale is April 1, 2018.
McCONNELLSBURG, Pa. (Feb. 16, 2018) — JLG Industries Inc. launched JLG DirectAccess. This new digital property is designed to provide equipment owners and operators with a wide-range of information to help them better understand their access equipment, the industry, its regulations and future technologies.
TAMPA BAY, Fla. (Feb. 20, 2018) – Crane Tech LLC announced the expansion of their instructional staff with two veteran crane operators Paul Martyn and John Antoszyk.
NEW YORK (Feb.
AKRON, Ohio — Welty Building Company named Bradley Ewing as president and chief operating officer (COO) of Welty Energy Business. In his new role, Ewing will have financial oversight and responsibility for growth, operations and project management of electric utility projects. He will lead a business unit transformation driven by Lean Building Science.
LOS ANGELES – Balfour Beatty has been awarded a $1.95 billion design-build-finance-operate-maintain (DBFOM) contract by the Los Angeles World Airports (LAWA) for the construction of the Automated People Mover (APM) at Los Angeles International Airport (LAX).
ROSEMONT, Ill. (Feb. 14, 2018) – The American Concrete Pavement Association (ACPA) proudly announces the affiliation of the Florida Chapter-ACPA, which expands the association’s network to 21 regional and local paving associations.
CHARLOTTE, N.C. (Feb. 14, 2018) – Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the closing of a 144a privately-placed term asset-backed security (ABS) transaction.
SANTA ANA, Calif. (Feb. 19, 2018) – American Pneumatic Tools has announced it will now be identified as APT. The APT name aims to better reflect the variety of products the company offers.
MOLINE, Ill. (Feb. 19, 2018) – In its latest 5-year forecast, the American Rental Association (ARA) expects equipment rental industry revenue to continue to grow consistently in the United States over the next 5 years, resulting in total revenue of $59.6 billion in 2021.
ORLANDO, Fla. — North American Risk Services, Inc. (NARS) has hired Patrick Fletcher as its chief information officer (CIO).
PALO ALTO, Calif. (Feb. 13, 2018) — Buildup, the jobsite collaboration and communication platform for construction, announced the availability of their integration with Procore, a leading provider of cloud-based applications for construction.
DENVER (Feb. 13, 2018) — dcb Construction Company Inc. announced that Dan McComb and Scott King have acquired the company from owner John Barna.
DALLAS—Balfour Beatty was selected by Westdale and KDC to build The Epic, a 16-story office tower located in Dallas’ historic Deep Ellum neighborhood. With construction underway, the 290,000-square-foot office tower with 847-car garage, is the first phase of the planned 8-acre, mixed-use development that will combine Class A office, multifamily, retail and a boutique hotel.
NEW YORK (Feb. 7, 2018) – The Dodge Momentum Index dropped 5.1 percent in January to 143.7 from the revised December reading of 151.5. 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.
(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.
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.