ATLANTA (Jan. 16, 2025) — Takeuchi-US has appointed Derek Koontz as its national accounts manager. Koontz will manage sales development and activity on existing national accounts as well as prospect for new accounts. Koontz will also be responsible for forecasting and achieving Takeuchi’s sales objectives in the U.S. and Canada.
 

BOSTON (Jan. 8, 2025) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 10.2% in December to 212.0 from the revised November reading of 192.3. Over the month, commercial planning increased 14.2% while institutional planning improved 2.5%. 

CHARLOTTE, N.C. and AUSTIN, Texas (Jan. 14, 2025) — HEI Civil, a heavy civil construction company, announced the official rebranding of Peabody General Contractors and Horsepower Site Services to HEI Civil. Peabody General Contractors was acquired by HEI Civil in 2018, and Horsepower Site Services joined the company in 2019. This rebranding solidifies HEI Civil's position in the industry by uniting these entities under a single brand. 

STAMFORD, Conn. and BATON ROUGE, La. (Jan. 14, 2025) ¬— United Rentals Inc. and H&E Equipment Services Inc. announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt.

MUNICH (Jan. 13, 2025) — The Nemetschek Group, a global software provider for the digital transformation in the construction and media industries, is expanding its executive board. The supervisory board unanimously appointed Usman Shuja to the executive board, effective on Jan. 1. Shuja will continue to serve as chief division officer (CDO) of the Build & Construct Division and as CEO of Bluebeam Inc.

ROSEMONT, Ill. (Jan. 9, 2025) — The American Concrete Pavement Association (ACPA) has announced Don Weaver, president of Weaver-Bailey Contractors Inc., as the chairman of the board of directors in 2025.