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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.



Greg Higgins Named SVP – Legal & Compliance, General Counsel of Mack Trucks, Volvo Trucks North America

The Volvo Group announced that effective Jan. 1, 2023, Greg Higgins has been named senior vice president — legal and compliance, general counsel and secretary of Volvo Trucks North America and Mack Trucks....


Jonathan Randall Named President, Mack Trucks North America

Mack Trucks announced that Jonathan Randall has been named president of Mack Trucks North America, reporting to Martin Weissburg, global president of Mack Trucks and chairman of Volvo Group North America, effective Dec....


NTEA Supports U.S. Senate Catalytic Converter Anti-Theft Legislation

NTEA — The Association for the Work Truck Industry announced support for legislation to combat the rise in catalytic converter theft. The Preventing Auto Recycling Theft (PART) Act (Senate Bill 5024) — introduced by U.S....


VIDEO: AEM Hall of Fame Inducts Genie's Sherman Ward 'Bud' Bushnell

The Association of Equipment Manufacturers (AEM) inducted Sherman Ward "Bud" Bushnell, founder of Genie, into its Hall of Fame for a broad range of contributions in developing and advancing technologies that support the construction and agriculture industries worldwide....


Caterpillar, Axenox Strike Intellectual Property Acquisition Agreement for Oxclaw, Bullox

Caterpillar Inc. announced the company has entered into an agreement with construction solutions supplier Axenox Inc. to acquire the intellectual properties of two of the company's asphalt paving screed products....


Taylor Construction Equipment is Now Dealer of Peninsula Technologies' Loadscan Product Line

Taylor Construction Equipment, a distributor of multiple lines of construction equipment, including Bell Articulated Trucks and the full line of Hyundai Construction Equipment, recently signed a dealer agreement with Peninsula Technologies to sell, service and support the Loadscan product line in Arkansas, Indiana, Kentucky, Ohio, Mississippi and Tennessee....


ABC Elects 2023 National Chair, Executive Committee

Associated Builders and Contractors announced that Milton Graugnard, executive vice president, Cajun Industries LLC, Baton Rouge, La., was elected the 2023 ABC national chair at a board of directors meeting held in conjunction with the association's annual Leadership Institute in Coronado, Calif....


Ritchie Bros. Launches New Podcast, Blog

Ritchie Bros. has been selling heavy equipment and trucks for more than 60 years, growing and innovating with the industry. Today, the company helps customers in a multitude of ways, providing data-based insights, value-added services and transaction solutions....


Hitachi Awards ASCO New Service, Sales Territory in Texas, Oklahoma

Associated Supply Company (ASCO), a provider of construction, agriculture and material handling equipment, announced that it has been awarded the Texas and Oklahoma sales and service territory for construction and mining equipment by Hitachi Construction Machinery Americas Inc....


Oshkosh Corporation to Acquire Hinowa

Oshkosh Corporation, an innovator of mission-critical vehicles and essential equipment, announced it has entered into a definitive agreement to acquire Hinowa S.p.A. , a privately held international company and manufacturer of track-based aerial work platforms, mini dumpers, lift trucks and undercarriages....



Today's Top Stories

  1. Design of Pedestrian Swing Bridge Along Camden, N.J., Waterfront to Begin  →
  2. CNH Industrial Ceases Sale of Construction Equipment in China  →
  3. Construction Gets Going On $4.5B Underground Power Line From Quebec to NYC  →
  4. Allan Myers Leads U.S. 40 Bridge Project in Maryland  →
  5. Cat 340 Excavator Offers Best-in-Class Production  →
  6. Caterpillar Industry Sales Representative Promotes Diversity  →
  7. Infrastructure Bill … One Year Later  →
  8. New $25M Project Upgrading Bennington, Vt., Hospital's Main Entrance, ED  →
  9. Waterbury, Conn.,Transformation Continues With Mixmaster Project  →
  10. Micron to Build Mammoth $31B Semiconductor Chip Plant Near Syracuse, N.Y.  →
  11. Crews Construct Caltrans' Longest Single Span  →
  12. Bayer Corp. Begins Work On $43.6M Expansion at Myerstown, Pa., Facility  →
  13. Deal Reached on $400M Plan to Renovate Philly's 30th Street Station in 2022  →
  14. VIDEO: After 10 Years, Shell's Mammoth Ethane Cracker Facility Open in Western Pennsylvania  →
  15. Gulf Shores, Ala., Plans to Widen State Roadway by Adding Third Southbound Lane  →
  16. As I-495/I-90 Interchange Work Progresses, Hopkinton, Mass., Bridge to Stay Closed  →
  17. VDOT Announces Resilience Plan to Provide Sustainable Future for Transportation Projects, Infrastructure  →
  18. Temporary, 125-Ft. Bridge Built Over Massive Sinkhole On West Virginia Highway  →
  19. Trench Box Installations Require Knowledge of OSHA Safety Rules  →
  20. Concrete Sector Continues to See Project Delays, Production Cut-Backs  →




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