WASHINGTON (Sept. 24, 2021) — The Architecture Billings Index (ABI) recorded its seventh consecutive positive month, according to a new report from The American Institute of Architects (AIA).
SAN JOSE, Calif. (Sept. 9, 2021) — EBay Inc., a global commerce leader that connects millions of buyers and sellers around the world, has announced a strategic partnership and investment in bidadoo, a leading online remarketing and auction company of equipment, trucks and capital assets.
HOUSTON (Sept. 14, 2021) — HCSS, the leading supplier of estimating, operations and fleet management software, has announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the fourth quarter of 2021. Financial terms of the transaction were not disclosed.
CHATTANOOGA, Tenn. (Sept. 15, 2021) — Jack Bowen, President of EMJ Corporation, has been appointed as Chief Executive Officer in addition to his current role. Burt Odom, EMJ's current CEO, will shift to the role of Chairman of the Board of Directors.
This transition will take place on October 1, and is part of EMJ's strategic approach to executive succession, which is designed to develop and sustain strong leaders and ensure its success for years to come.
SAN FRANCISCO (Sept. 14, 2021) — Autodesk, Inc. and management consulting firm FMI Corporation today released the results from a new study, "Harnessing the Data Advantage in Construction," which surveyed over 3,900 professionals across the global construction industry on their data practices in 2020.
WASHINGTON (Sept. 14, 2021) — Associated Builders and Contractors reports today that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted Aug. 19 to Sep.1. The reading is down 0.8 months from July 2021 and down 0.3 months from August 2020.