Equipment Leasing & Finance Foundation report shows increase in equipment and software investment

WASHINGTON (Dec. 15, 2014)—Investment in equipment and software is expected to grow 6 percent in 2015, driven by a steadily improving economy, according to the Annual 2015 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation.

Language in Defense Authorization Bill means better opportunities for small businesses, more value for taxpayers

WASHINGTON (Dec. 15, 2014)—The American Institute of Architects (AIA) today praised congressional passage of the National Defense Authorization Act.

The language reforms military procurement rules so that design and construction firms can deliver projects that are safe, productive and sustainable—without fear of losing money in the process. The bill now goes to President Obama for his expected signature.

Winners demonstrate outstanding work and exemplary use of Tekla structures and BIM

ATLANTA (Dec. 11, 2014)—Tekla, a Trimble company, has announced the winners of its 2014 Tekla Global BIM Awards.

The winners were chosen by a jury of international BIM experts and by public vote. Competition entries included winners of regional Tekla BIM competitions held by Tekla area offices and resellers during 2014.

Q4 report looks at M&A activity and drilling efficiency in relation to shale production

HOUSTON (Dec. 12, 2014)—“The demise of the shale revolution is greatly exaggerated,” cites FMI in an analysis of the U.S. oil market given the recent drops in crude oil pricing. In its Q4 Oil and Gas Advisor, FMI notes per rig, per day earnings in the Bakken oil basin, among others, are nearly double that of 2012.

Economist expects a rise in backlog, construction employment and nonresidential spending

WASHINGTON (Dec. 9, 2014)—Associated Builders and Contractors (ABC) forecasts a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015. The reasonably brisk industry recovery in 2014 should continue in 2015, with momentum especially growing in segments closely related to the current American energy and industrial production resurgence.