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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.



Metso Strengthening its Position in Aggregates Segment, Acquiring Two Businesses

Metso has signed an agreement to acquire Diamond Z and Screen Machine Industries from Crane Group, an Ohio-based family-owned investment company. Diamond Z increases Metso's offering in mobile equipment for the organic recycling markets....


Komatsu Plans to Acquire Mining Optimization Software Developer

To expand its artificial intelligence (AI) capabilities and help customers optimize their mining operations, Komatsu announced its intent to acquire Octodots Analytics, a Chile-based digital solutions provider....


Danfoss Power Solutions Names Shree Gurumurthy Senior Vice President of Global Operations

Danfoss Power Solutions has appointed Sriram (Shree) Gurumurthy as senior vice president of global operations, effective immediately. Previously vice president of global manufacturing strategy, Gurumurthy will continue reporting directly to Eric Alström, president of Danfoss Power Solutions, and will join the Power Solutions leadership team....


Excavator Work Tools Startup HB Attachments Rebrands as TRUE Attachments

In the post-pandemic economy, earth-moving equipment dealers struggle with tight competition and shrinking profit margins. Industry expert Kelly Russell founded HB Attachments Inc. in 2023 to help excavator dealerships in the United States close more deals with higher profits....


Lippmann Welcomes Dillon Borchardt as New Territory Sales Manager

Lippmann announced the addition of Dillon Borchardt as its new territory sales manager. In this role, Borchardt will manage relationships with dealers, provide support to customers and contribute to the company's sales efforts across the United States, Mexico and Canada....


Powerscreen New England Expands Portfolio, to Represent CBI, Terex Ecotec Equipment Lines

Powerscreen New England announced it will be offering Continental Biomass Industries (CBI) and Terex Ecotec, reinforcing its commitment to meet the escalating demand for environmental equipment across the northeastern United States....


Aaron McKee Accepts Entrepreneurial Spirit Award On Behalf of Purple Wave Auction

Purple Wave Auction announced that it has received the Entrepreneurial Spirit award from the Manhattan Area Chamber of Commerce. Purple Wave Auction is a leader in online, no-reserve equipment auctions serving the agriculture, construction, government and fleet industries, providing opportunities for customers to buy and sell equipment with confidence....


McCann Industries Strengthens Leadership Team With Appointment of New COO, CFO

McCann Industries announced the expansion of its leadership team with the addition of two experienced executives, Joe Garrett as chief operating officer (COO) and Bill Stob as chief financial officer (CFO)....


Takeuchi Vice Chairman Clay Eubanks Celebrates 40th Anniversary

Clay Eubanks, vice chairman of Takeuchi, is celebrating four decades with the company. In September 1984, Eubanks was a college student who began working part time in Takeuchi's warehouse near Atlanta, cleaning up the facility and pulling parts from inventory....


Magni Telescopic Handlers Expands Dealer Network With Partnership With Gap Power in Pennsylvania

Magni Telescopic Handlers, a global leader in rotating, fixed boom and heavy lift telehandlers, announced its new partnership with Gap Power, an equipment provider serving southeastern Pennsylvania and the surrounding area....






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