WASHINGTON (March 19, 2025) — The AIA/Deltek Architecture Billings Index (ABI) continues to weaken posting a score of 45.5 for February, indicating that a majority of firms are still experiencing declining firm billings.
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NEW HOLLAND, Pa. (March 24, 2025) — New Holland Construction has appointed Brian Weisbaum, a CNH veteran who has led several initiatives for both CNH construction brands, as the new head of New Holland Construction, North America.
LOS ANGELES (March 21, 2025) — BuildOps, an all-in-one software platform built for modern commercial contractors, announced $127 million in Series C funding led by Meritech Capital Partners. The round propels the company to "unicorn" status, achieving a $1 billion valuation and accelerating its mission to become the world’s largest commercial contractor platform.
BOSTON (March 20, 2025) — Shawmut Design and Construction, a $2 billion national construction management firm, has reached a major milestone in New England, surpassing $1 billion in revenue in 2024 — driven by larger, more complex projects and strong partnerships with long-standing and new clients. In response to this growth, Shawmut has strategically expanded its regional leadership team to ensure continued excellence in execution and client service.
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SAN DIEGO (March 18, 2025) — Lytx Inc., a provider of video and safety-driven efficiency, announced the winners of its 2025 Driver and Coach of the Year awards and shared their positive impact on today’s roadways. Implementing Lytx’s fleet safety solutions, each honoree showcased their commitment to excellence and exceptional performance.
TRUSSVILLE, Ala. (March 19, 2025) — Universal, part of the Lexicon Inc. family of companies, has appointed Joseph Loudermilk executive vice president. In this role, Loudermilk will utilize his two decades of leadership experience in construction and manufacturing to oversee operations and strategic growth for Universal.
RICHMOND, Va. (March 2025) — The Propane Education & Research Council (PERC) has hired Joel Stutheit as senior manager of business development for its on-road market portfolio.