STRONGSVILLE, Ohio (Jan. 6, 2022) — Foundation Software has announced the acquisition of Estimating Edge, developer of The Edge commercial construction estimating, project management tracking and takeoff software. This acquisition further enables Foundation to serve the construction community by providing software and services that align and strengthen contractors’ back-office operations.

ARLINGTON, Va. (Dec. 22, 2021) — Construction employment increased in nearly two out of three U.S. metro areas between November 2020 and November 2021, according to an analysis by the Associated General Contractors of America (AGC) of new government employment data. Association officials said the job gains are welcome news for the industry but cautioned that it will be difficult for construction levels to return to pre-pandemic levels amid tight labor market conditions.

NORCROSS, Ga. (Dec. 28, 2021) — Hyundai Construction Equipment Americas, Inc., recently announced that its parent company, Hyundai Construction Equipment (HCE), plans to invest $170 million in its Ulsan, South Korea, factory to increase production capacity by 50% and simplify its manufacturing processes for increased efficiency.

WASHINGTON (Dec. 21, 2021) — Associated Builders and Contractors (ABC) has released its seventh annual Merit Shop Scorecard, a ranking based on state policies and programs that encourage workforce development, grow career and technical education, strengthen careers in construction and advocate for fair and open competition for taxpayer-funded construction projects.

ARLINGTON, Va. (Dec. 20, 2021) — Only 18 states and Washington, D.C., have added construction jobs since just before the start of the pandemic in February 2020. This is despite a pickup in most states from October 2021 to November 2021, according to a new analysis of federal employment data released by the Associated General Contractors of America (AGC).