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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.



Fecon Adds Vermeer Texas-Louisiana as Newest Dealer

As part of the controlled roll out of the recent global distribution agreement, Fecon LLC announced the addition of Vermeer Texas-Louisiana. With 13 dealership locations throughout Texas and Louisiana, Vermeer Texas-Louisiana provides a robust line of mulching equipment that incorporates the best of Vermeer and Fecon mulching technology....


Hills Machinery's New Locations to Better Serve Carolinas

With the goal of establishing each of its locations within approximately 90 mi. of the next closest dealership in the Carolinas, Hills Machinery Co. is expanding to include two more facilities in the Tarheel State....


ALTA Florida's New Compact Center Nears Completion

Construction of the interior portion of the new ALTA Compact Center in Tampa, Fla., is almost complete. This new center is across the street and just adjacent to ALTA Equipment Company's Florida Division main operations office on Palm River Road....


Yanmar Announces Financial Results for First Half of FY2021

Yanmar Holdings announced its interim consolidated financial results for the first half of FY2021*. For the current interim consolidated accounting period, net sales were 418.7 billion JPY, a 16.3 percent increase from the same period last year....


Monroe Tractor Names Greg Downing Operations Director of NY, New England Locations

Monroe Tractor has named Greg Downing as operations director. He will be responsible for managing and communicating expectations in all areas of Monroe Tractor's construction and agriculture locations in New York and New England....


All States Ag Parts Announces Acquisition of Summit Supply, Contrax Equipment

All States Ag Parts (ASAP), an agricultural and heavy equipment aftermarket parts supplier in North America, announced the acquisition of Summit Supply and Contrax Equipment. Summit Supply and Contrax Equipment both specialize in aftermarket rubber tracks and undercarriage parts for a wide variety of agricultural and construction equipment....


Alta Equipment Group Acquires Midwest Mine Services LLC

Alta Equipment Group Inc. announced Nov. 18, 2021, that it has entered into a definitive agreement to acquire Midwest Mine Services LLC, a privately held company headquartered near Toledo, Ohio. Midwest Mine Services designs, fabricates and installs full aggregate processing plants for quarries, mines and recycling operations throughout the United States and is well-established in the Ohio and Michigan markets....


Hayden Machinery Joins Hydrema as New Authorized Missouri Dealer

Hydrema, an articulated dump truck manufacturer, expanded its dealer network with the addition of Hayden Machinery Inc. , headquartered in Springfield, Mo. "We are thrilled to partner with Hayden Machinery," said Kris Binder, executive vice president of Hydrema North America....


Rokbak Sales Get Off to a Strong Start in North America

Sept. 1, 2021, saw the launch of Rokbak, a new manufacturing company in the construction equipment industry. The new brand is part of the Volvo Group and already making its mark, notching up a strong order book for its rock solid and reliable articulated hauler inside just a few weeks....


Weeks-Long Strike at John Deere Ends After Union Workers Approve New Pact

A five-week-long strike at John Deere ended Nov. 17 as United Auto Workers (UAW) members approved a new six-year contract with the agricultural and construction equipment manufacturer. The new agreement will boost hourly wages by 10 percent and increase retirement benefits....







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