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 & Finance Foundation (the Foundation) releases the August 2017 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.

NASHVILLE, Tenn. (August 24, 2017) – Bridgestone Americas, Inc. (Bridgestone) today announced two free jobsite resources for customers in the mining, construction and aggregates industries. The pre-shift inspection poster and video provide general guidelines to identify and report irregular tire, rim and wheel conditions early, lowering the lifecycle cost of OTR tires.

BARAGA, Mich. — Pettibone/Traverse Lift LLC announces the addition of Highlift Equipment to its dealer network. Highlift will carry Pettibone telehandlers for the state of Ohio at its three affiliated locations in Cincinnati, Canton and Sunbury (Columbus).

INDIANAPOLIS (August 29, 2017) — The Board of Certified Safety Professionals (BCSP) and the National Center for International Cooperation in Work Safety, State Administration of Work Safety (NCICS-SAWS) have signed a Memorandum of Understanding (MOU) to improve occupational safety and health at workplaces throughout the United States and China.
 

MEDFORD, N.J. (August 28, 2017) – Inc. magazine recently selected HazTek Inc. for inclusion in the 2017 "Inc. 5000," a prestigious ranking of the nation's fastest-growing private companies. This award reflects a 3-year growth of 91 percent for HazTek and a 2016 revenue of $20.6M. This is the fourth time that HazTek has been recognized for this outstanding honor, having also made Inc.’s Top 5000 list in 2009, 2013, and 2016.

LIVERMORE, Calif./CAPELLE A/D IJSSEL, The Netherlands (August 24, 2017) – Topcon Positioning Group announces the opening of the third training center of Topcon Corporation in Japan. Located in the Kitakyushu Science and Research Park in Kitakyushu, Fukuoka Prefecture, the training center will serve to support efforts by the Ministry of Land, Infrastructure, Transport and Tourism to promote i-Construction.
 

MORRIS, Minn. — Superior Industries Inc., a United States-based manufacturer and global supplier of bulk material processing and handling systems, announces an expanded partnership with its long-time dealer, General Equipment & Supplies, Inc., The Midwestern distributor of aggregate and construction equipment now exclusively represents Superior brand crushing, vibratory and washing equipment in Iowa and Nebraska.

WASHINGTON (August 23, 2017) – For the sixth consecutive month, architecture firms reported increasing demand for design services as reflected in the July Architecture Billings Index (ABI). As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending.

FRANKLIN, Ohio — Stronghold Coating Systems announced the opening of a new, larger facility to produce MM1018 in-house – marking the first time this load bearing repair product has been manufactured in the United States Congressman Warren Davidson helped to christen the new facility with a ribbon-cutting.  

HICKORY, N.C. (August 17, 2017) – Transportation Insight continues to fortify its position as one of the nation’s most successful Enterprise Logistics Providers with its 10th consecutive appearance on the exclusive Inc. 500|5000 list of fastest-growing privately held companies in the United States. The multimodal lead logistics provider is recognized as part of the Inc. 5000 Hall of Fame, a designation for a select few companies who have been honored on the Inc.

NEW YORK (August 21, 2017) – The value of new construction starts in July advanced 6 percent from the previous month to a seasonally adjusted annual rate of $728.1 billion, it was reported by Dodge Data & Analytics.  Leading the way was a 26 percent jump by the nonbuilding construction sector, which reflected an improved level for public works and the start of two massive power plants, located respectively in California and New York.  Residential building in Jul

SCOTTSDALE, Ariz. — Inc. magazine ranked GPS Insight number 4,250 with three-year sales growth of 62% on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small and midsized businesses. This is the eighth consecutive year that GPS Insight has been named an honoree.

PRESTONSBURG, Ky. (August 15, 2017) – Worldwide Equipment has relocated and opened four Kenworth dealerships to enhance parts and service support for customers operating in the coal-producing region of Eastern Kentucky and West Virginia.

The latest Worldwide Equipment dealership actions include:

WAKEFIELD, Mass. (August 14, 2017) — Alliance Tire Group (ATG) is launching a new website today at atgtire.com with more user-friendly features that allow tire dealers and equipment owners to find tires based on segment, application, tread pattern or size. The new site is optimized for mobile platforms including phones and tablets, as well as for desktop and laptop computers.

NORFOLK, Va., (August 14, 2017) – Arcadis (EURONEXT: ARCAD) has been awarded an approximate $11.6 million contract by the City of Norfolk, Virginia, to design stormwater infrastructure enhancements to protect Ohio Creek communities against future flooding and continued sea level rise.