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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.



49-Year Veteran of ALL Crane Retires, Two Familiar Names Promoted

Comings and goings at the ALL Family of Companies have resulted in the retirement of a nearly 50-year man and promotions to two other familiar names. First, Rick Mikut, who began his ALL career as a teenager, is retiring after 49 years....


Executive Leadership Moves Announced at Kubota Tractor Corporation

Kubota North America Corporation announced significant leadership changes following the Kubota Corporation board of directors meeting held yesterday in Osaka, Japan. Effective July 1, 2025, Todd Stucke will take on new responsibilities in Japan as deputy general manager of farm and industrial machinery consolidated division and deputy general manager of the customer solutions division at KBT....


Bandit Industries Expands Dealer Network With Three New Caterpillar Dealers Covering North, South Carolina

Bandit Industries Inc. announced the addition of three new Caterpillar Dealers across North and South Carolina. This strategic expansion strengthens Bandit's commitment to providing full-service support and access to its complete line of wood waste and recycling equipment throughout the southeast....


Rollie's Sales & Service Adds Thunder Creek Fuel and Service Trailers to New Product Lineup

Rollie's Sales & Service has added the Thunder Creek lineup of field fueling and service trailers to its offering of fuel storage and custom transport solutions for the construction and agricultural industries....


Volvo Penta, Central Power Expand Industrial Power Support Across Midwest

Volvo Penta is partnering with Central Power Systems & Services to deliver support for industrial customers across Kansas, Missouri and Oklahoma. This strategic collaboration combines Volvo Penta's industrial power systems portfolio with Central Power's regional expertise and service infrastructure, providing a broad range of services for OEMs and operators in the region....


Fayat Group Completes Its Buyout of Mecalac Group

Fayat Group has acquired a 100 percent stake in the Mecalac Group. The Mecalac Group has joined Fayat Road Equipment division, a world leader in road-building equipment, and will strengthen this division's offerings, particularly for urban projects, by providing innovative and sustainable solutions worldwide....


Volvo CE Dealer, TranSource, Expands Territory in Northern Plains

South Dakota-based TranSource Truck & Equipment Inc. (TranSource) is expanding into North Dakota and northwestern Minnesota as the exclusive Volvo Construction Equipment dealer of general purpose equipment, compact equipment and rigid haulers....


Andrew Boyd Becomes Dealer Principal of Boyd CAT, Continuing Family Legacy

Boyd CAT announced that Andrew Boyd has been appointed as the company's new chief executive officer and dealer principal, effective May 2025. The leadership transition marks a new chapter for the long-standing Caterpillar dealership, as Andrew succeeds his father, Monty Boyd, who will move into the role of chairman....


Heidelberg Materials North America Acquires Concrete Recycling Business in Calgary

Heidelberg Materials North America announced that it has acquired certain assets of Concrete Crushers Inc. (CCI), the largest concrete recycler in Calgary, Alberta. The transaction includes a recycled aggregates yard in southeast Calgary and a contract crushing business with four mobile plants....


Link-Belt Names New Director of Corporate Planning, Strategy

Effective May 19, 2025, Josh Frederick has been named director of corporate planning and strategy of Link-Belt Cranes. Melvin Porter, Link-Belt president and CEO, made the announcement. Frederick began his career in 1997 as a mechanical engineer at Chrysler before moving to Cummins in 1999 to work on mechanical and electronic configurations for engine fuel economy....






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