WASHINGTON (Feb. 13, 2025) — Construction input prices increased 1.4% in January 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. Nonresidential construction input prices increased 0.9% for the month.
LIVERMORE, Calif. (Feb. 18, 2025) — Topcon Corporation and FARO Technologies have announced a strategic agreement to develop and distribute innovative solutions in the laser scanning market. The agreement is expected to expand access to digital reality solutions and result in complementary product developments, such as the seamless integration of Topcon and Sokkia solutions with FARO’s solutions.
NEENAH, Wis. (Feb. 13, 2025) — To help companies perform their environmental due diligence when conducting commercial real estate transactions, J. J. Keller & Associates, Inc. — an industry provider of safety and compliance solutions — has launched its Phase I Environmental Site Assessment service. This new offering is designed to help reduce risk and uncertainty when companies sell, lease or finance industrial property.
INDIANOLA, Iowa (Feb. 17, 2025) — Cemen Tech, the world’s largest volumetric concrete mixer manufacturer, announced a new partnership with McCoy Construction & Forestry, a construction and forestry equipment dealer, to expand access to Cemen Tech’s concrete production solutions across Tennessee, Kentucky, Indiana and Illinois.
RICHFIELD, Wis. (Feb. 12, 2025) — Custom Equipment LLC, the manufacturer of Hy-Brid Lifts, announced a rebranding to AXCS Equipment. Its product line dramatically increased when it merged with ASKO Holding, a Turkish-based entity with holdings in construction, agriculture, energy and technology, in early 2024. This new merger offered resources to expand the product line beyond scissor lifts to include telehandlers, articulated booms and vertical masts.
SAN FRANCISCO (Jan. 30, 2025) — Motif, a startup founded in 2023 by design software experts Amar Hanspal and Brian Mathews, has secured $46 million in seed and Series A funding to develop a next-generation platform for buildings. The Series A was led by Alphabet’s independent growth fund, CapitalG, and the previously undisclosed Seed round was led by Redpoint Ventures. Pre-seed venture firm Baukunst participated in both rounds.
ARLINGTON, Va (Feb. 5, 2025) — In 2025, the Electrical Safety Foundation International (ESFI) collected information on fatal and nonfatal occupational electrical injuries from every available source. The U.S. Bureau of Labor Statistics (BLS) and the Occupational Safety and Health Association (OSHA) provide raw data that ESFI reviews and analyzes as it is released to identify electrical safety trends.