The Marcum Commercial Construction Index for the first quarter of 2024 reports that the construction industry continued growing despite various challenges.
The index is produced by Marcum’s National Construction Services group.
SALINAS VICTORIA, NUEVO LEON, MEXICO (June 14, 2024) — Bobcat Company, a global equipment, innovation and worksite solutions brand, held a ceremonial groundbreaking June 13 for its new, $300-million manufacturing facility in Mexico.
Located in the Salinas Victoria municipality, outside of Monterrey in the state of Nuevo Leon, Mexico, the 700,000-square-foot facility is expected to be operational in 2026.
WASHINGTON (June 7, 2024) — The construction industry added 21,000 jobs on net in May, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 251,000 jobs, an increase of 3.1%.
IRVING, Texas (June 11, 2024) — Caterpillar Inc. announced a $500,000 donation to the Associated Equipment Distributors Foundation (AEDF) in support of AEDF’s Vision 2025 Campaign. The campaign is designed to address the technician shortage within the equipment distribution industry. It is also focused on strengthening the industry’s future by improving programs offered to students across U.S.