NEW YORK (April 7, 2017) – The Dodge Momentum Index increased by 0.9 percent in March to 144.4 (2000=100) from its revised February reading of 143.2. 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.
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.
NORCROSS, Ga. (April 6, 2017) – Hyundai Construction Equipment Americas Inc. announced it has extended the period during which owners of Hyundai wheel loaders and full-sized excavators may use its Hi-Mate remote management system free of charge to 5 years from 3 years. The extended Hi-Mate coverage applies retroactively to any qualifying Hyundai construction machine purchased since January 1, 2017.
SAN FRANCISCO, Calif. (April 6, 2017) – EY announced that Gregory J. Owens, IronPlanet Chairman and CEO, is a semifinalist for the EY Entrepreneur Of The Year 2017 Northern California Region Award.
(April 5, 2017)—McCloskey Washing Systems is pleased to announce the appointment of Rock and Recycling Equipment LLC as a new dealer adding the extensive range of MWS washing and classification equipment to its portfolio in New England.
NATIONAL—Lifting Gear Hire (LGH) will host the fifth Lift & Move USA careers event at its Bridgeview, Illinois, facility in the Chicago area on May 3. It is expecting more than 800 students and veterans to attend.
NATIONAL (April 5, 2017)—Blastrac recently announced a giveaway. If a customer calls into Blastrac Customer Service at 800-256-3440 and makes a purchase of $250 dollars or more and mentions the promo code BLAST17, he/she will be entered to win a Blastrac 1-8DM shot blaster and a Blastrac BDC-1216 dust collector.
SCHAUMBURG, IL (March 31, 2017) — The Concrete Reinforcing Steel Institute (CRSI) has released an updated version of its standard, Supports for Reinforcement Used in Concrete (ANSI/CRSI RB4.1 2016). This mandatory-language document that has been adopted in the ACI 301 Specification and is appropriate for citation in project specifications.
PORTSMOUTH, NH (March 31, 2017)—B2W Software hosted its largest User Conference to date this month in Las Vegas, Nevada.
VIRGINIA BEACH, VA (March 30, 2017) – Stihl Inc. announced it will supply STIHL power equipment and funding to support the mission of Team Rubicon, which unites the skills and experiences of military veterans with first responders to rapidly deploy emergency response teams. Team Rubicon’s primary mission is providing relief to those affected by natural disasters, both in the United States and abroad.
NATIONAL (March 29, 2017) – SolidProfessor and Solidworks announced a certification partnership to offer paths to the Certified Solidworks Associate (CSWA) and Certified Solidworks Professional (CSWP) exams. Now, SolidProfessor Technical Certificates provide pathways to these industry certifications.
CHAMBLEE, GA – Developed by S.J. Collins Enterprises, the Whole Foods Market at Peachtree Crossing has achieved a Green Globes rating by the Green Building Initiative.
HAMILTON, N.J. (March 28, 2017) – New Day Underwriting Managers LLC announced the results of the 2017 Market Update highlighting the trends and challenges currently confronting the environmental and construction-related professional liability industry. The analysis navigates the complex marketplace with insights and predictions designed to help insurance professionals and their customers minimize risk and overcome construction challenges.
ATLANTA — Kahua announced it has integrated with PlanGrid, the leader in construction software for the field, allowing the company’s mobile construction apps to be live and available to all customers in the Kahua Network.
SAN DIEGO (March 28, 2017) – The Raken App was recently chosen to participate in Facebook’s Start Accelerate program. The Facebook Start Accelerate Track is for startups that are thriving but are now looking to scale.
FARMINGTON HILLS, Mich. (March. 22, 2017) — The ongoing evolution of the commercial truck industry was on full display at The Work Truck Show 2017 in Indianapolis, Indiana, last week.
KANSAS CITY (March 28, 2017) – Architects, engineers and builders aspire to create sustainable buildings. Yet accurately measuring building performance throughout the design process has proved costly and time intensive. PlanIT Impact today announced a smart modeling platform for cities. The first tool provides the fastest and most affordable solution for designers to understand the cost and ROI impact of energy and water.
NASHVILLE, Tenn. (March 23, 2017) – Firestone is giving hardworking members of the off-the-road (OTR) industry an opportunity to enter to win a trip for two people to “the Greatest Spectacle in Racing” – the Indy 500.
ATLANTA (March 21, 2017)—Winter Construction has broken ground on a new hotel in Midtown Atlanta. The hotel by Marriott is dual branded as AC Hotel and Moxy Hotel. The Moxy, designed for millennials, will be Marriott’s new brand debut in Georgia. Noble Investment Group is the developer.
WASHINGTON (March 22, 2017)—The Architecture Billings Index (ABI) returned to growth mode in February, after a weak showing in January. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the February ABI score was 50.7, up from a score of 49.5 in the previous month.