WASHINGTON (Sept. 1, 2021) — National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $786.7 billion for the month.
NEW ORLEANS (Sept. 1, 2021) — Hurricane Ida has been downgraded to a tropical depression but not before leaving more than a million people, and the entirety of New Orleans, without power and causing massive damage to structures, homes and roads in Louisiana. Ida has been ranked as the fifth-largest hurricane to make landfall in the United States, with winds reaching speeds of 150 mph or more.
SUNNYVALE, Calif. (Aug. 31, 2021) — Trimble has announced the creation of Trimble Ventures, a venture fund focused on investing in early and growth-stage innovative companies that align with Trimble's mission of transforming work in the agriculture, construction, geospatial and transportation industries.
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CHARLOTTE, N.C., (Aug. 30, 2021) — Concrete & Materials Placement (CMP), a concrete pumping company serving the Carolinas, has announced the strategic acquisition of Febcon Concrete Pumping, a Michigan-based concrete pumping company as of Aug. 30, 2021. As an industry leader in concrete pumping, this step further expands CMP's footprint across the Southeast.
SCOTTSDALE, Ariz. (Aug. 26, 2021)— Restoration Builders, Inc. has announced that it has added Hubert Bourque to its ESG and Technology Group. He will guide the design, operations and environmental performance of technologies that align with the company's sustainability and environmental policies.