Engcon’s new computerized and fully robotized production facility, with nearly $10 million invested in new manufacturing equipment over the next 3 years, will triple its production capacity. Details here. 

Lucintel reports the global construction aggregate market is expected to reach an estimated $452.4 billion by 2024 with a compound annual growth rate (CAGR) of 2.7% from 2019 to 2024. The major growth drivers for this market are growth in residential and non-residential construction activities, increasing urbanization and rising per capita income.

Pitts Enterprises has named JP Pierson president of Pitts Trailers, effective immediately. Pierson, who also serves as president of Dorsey Intermodal, will now oversee both Pittsview, Alabama-based divisions. Find the details here.