HAMILTON, N.J. (Oct. 18, 2023) — Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential starts lost 4%, residential starts declined 6%, and nonbuilding starts fell 9%.

NEW YORK (Oct. 25, 2023) — Schimenti Construction, a construction services firm, announced its transition to an employee stock ownership plan (ESOP). This step highlights the company's commitment to its customers, trade partners and employees while remaining dedicated to supporting a workplace culture of community, collaboration, service and safety.

Dubai, United Arab Emirates (Oct. 26, 2023) — Online crane rental platform Mycrane has appointed Jason Brough as President, USA to lead its growth in the U.S.
 
Based in Birmingham, Alabama, Brough will use his extensive industry expertise in revenue generation, project management and sales and marketing to drive take-up of the world’s first online crane rental service in the U.S.
 

SAUK CENTRE, Minn (Oct. 25th, 2023) — Felling Trailers Inc. conducted its eleventh annual online auction of an FT-3 drop deck utility trailer to benefit a nonprofit organization: Pockets of Hope. A winning bid of $5,505.00 won the auction that ended at noon on Sept. 15. The bid winner was Joe Kostreba of Sauk Centre, Minnesota.

WASHINGTON (Oct. 11, 2023) — Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data released. Nonresidential construction input prices increased 0.2% for the month as well.