Business News

Associated Builders and Contractors - Thu June 13, 2024

ABC: Construction Materials Prices Decrease in May for First Time Since December

Construction input prices decreased 0.9 percent in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics' Producer Price Index data released June 13....

CEG - Thu June 13, 2024

Chappell Tractor Opens New Location

For five generations, Chappell Tractor has been serving northern New England contractors with some of the most sought-after construction equipment products in the industry. Founded 69 years ago in Milford, N.H., the company expanded in the 90s and 2000s with locations in Brentwood and Concord, N.H....

Sennebogen - Tue June 11, 2024

Tractor & Equipment Company Keeps 'Going the Extra Mile'

'Going the extra mile' has been the company philosophy since Tractor & Equipment Company (TEC) first opened its doors back in 1943. Over the years, it has been paying dividends, and that continues today....

Caterpillar - Tue June 11, 2024

Caterpillar Inc. Donates $500,000 to Associated Equipment Distributor Foundation's Vision 2025 Campaign

Caterpillar Inc. announced a $500,000 donation to the Associated Equipment Distributors Foundation (AEDF) in support of AEDF's Vision 2025 Campaign. The campaign is designed to address the technician shortage within the equipment distribution industry....

Associated Builders and Contractors - Mon June 10, 2024

ABC: Nonresidential Construction Adds 17,100 Jobs in May

The construction industry added 21,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 251,000 jobs, an increase of 3.1 percent....

CNH Industrial - Wed June 05, 2024

Derek Neilson, Head of Agricultural Segment at CNH, to Step Down

CNH Industrial N.V. announced that it has accepted Derek Neilson's request to leave the company later this year to pursue a new entrepreneurial project outside of the sector, after 25 years of dedicated service....

John Deere - Wed June 05, 2024

John Deere Helps Increase Access to Higher Ed

A groundbreaking partnership between the John Deere Foundation, the University of Iowa (UI) and the Davenport Community School District (DCSD) will soon increase access to higher education for Iowa high school students....

American Loggers Council - Wed June 05, 2024

TimberPro President Lee Crawford Retires

After seven years as president of TimberPro, Lee Crawford has announced his retirement. This draws to a close Crawford's nearly 40 years in the forestry machinery business, during which he consistently exemplified entrepreneurial spirit and a caring attitude....

JCB - Wed June 05, 2024

JCB Breaks Ground On $500M North American Factory

JCB began work on a new $500 million factory in San Antonio, Texas — the biggest investment in the company's history. An official groundbreaking ceremony at the site marked the beginning of construction, where The Hon....

RMS Rentals - Tue June 04, 2024

RMS Rentals Debuts Rebrand to Align With Flagship Company

RMS Rentals announced that it is undergoing a rebrand to better align with the flagship company, Road Machinery & Supplies Co (RMS). This comes in coordination with ongoing efforts to offer RMS Rentals' products in new territories, including from its Byron, Minn., branch....