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Business News

Keep up to date on the latest construction industry trends, in the US and internationally, and how it may impact your business. Stay informed with press releases, research, and opinions to help get the most out of your investment. We highlight small and large projects to keep you abreast of the happenings in the industry, and construction industry statistics to help your company avoid mistakes and find the best solutions to problems that arise.



RB Global Announces Executive Leadership Appointments, Organizational Updates

RB Global announced executive leadership appointments and organizational updates to position the Company for its next phase of growth and industry leadership as the world's most trusted global equipment marketplace....


New Chapter for Fabick Cat: Caterpillar Acquisition

To Our Valued Customers,For more than a century, Fabick Cat has had the privilege of serving customers and communities across our territory. The strength of our company today is rooted in the relationships we have built along the way, and we are incredibly grateful for the trust you have placed in us....


Finance Scope Joins MAZO Capital Solutions

MAZO Capital Solutions (MAZO), a technology-enabled equipment finance provider, announced that Finance Scope, a North Dakota-based equipment finance company serving dealers and businesses in the agriculture, construction, forestry, landscaping, environmental and aggregate markets, has joined MAZO....


Ascendum Machinery Acquires Reynolds- Warren Equipment Company, Expanding Georgia Presence

Ascendum Machinery, the largest Volvo Construction Equipment dealer in the United States, announced Oct. 6, 2026, it has acquired Reynolds-Warren Equipment Co. , a Georgia distributor of asphalt paving, road construction, compaction, pavement preservation and municipal equipment since 1977....


M.H. Eby Names New Sales Reps for Nebraska Region

M.H. Eby Inc., a manufacturer of aluminum trailers and truck bodies, announced two new sales representatives, Shae Swanson and Andrew Luebbe, as the company expands its presence in the Nebraska market....


ARTBA Elects HNTB's Tom O'Grady as Chair

Tom O'Grady, president of HNTB, has been elected 2026-2027 chair of the American Road & Transportation Builders Association (ARTBA). The announcement was made during ARTBA's national convention, held Sept....


Caterpillar Enters Agreement to Acquire Fabick Cat

Caterpillar has entered into an agreement to acquire John Fabick Tractor Company, a Cat dealer with more than 100 years of service and customer relationships across portions of Missouri, Illinois, the entire state of Wisconsin and the Upper Peninsula of Michigan....


Purple Wave Auction Announces Partnership With Watkins Construction

Construction owners and operators worldwide can bid on construction equipment in the Watkins Construction Fleet Replacement Auction. This Watkins-specific auction gives the Purple Wave buying community a unique opportunity to take home equipment they can use on their next project for years to come....


NAEDA, AED Announce Merger

The North American Equipment Dealers Association (NAEDA) and Associated Equipment Distributors (AED) announced plans to merge, effective January 2027, creating a stronger, unified organization that will operate as Associated Equipment Dealers (AED) and serve equipment dealers and distributors across the United States and Canada....


Summit Truck Bodies Celebrates $50M Expansion

Summit Truck Bodies celebrated the opening of its new 220,000-sq-ft. facility Thursday with a ribbon-cutting ceremony at its Wathena headquarters. The $50 million investment expands Summit's production capacity, creates room for continued growth and is expected to create 80 additional jobs....






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