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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.



AGCMN Releases 2023-2024 Minnesota Industry Assessment

Associated General Contractors of Minnesota released the 2023-2024 Minnesota Construction Industry Assessment results. This valuable tool provides a unique snapshot of the projected Minnesota construction market, construction business challenges and other influences that impact the architect, engineering and construction (AEC) economy....


Foley Equipment Appoints Melissa Allison as Its New Chief People Officer

On Jan. 2, 2024, Foley Equipment announced that Melissa Allison is joining the company as chief people officer, effective Jan. 8. "We continue to grow and are happy to add Melissa, who brings a wealth of experience, to help us scale our culture and ensure our employees are empowered to safely serve customers with excellence and urgency," said Ann Konecny, president and CEO....


Vermeer Southeast Announces Promotion of David Kintz to COO

Vermeer Southeast (VSE), a 100 percent employee-owned company (ESOP), announced the promotion of David Kintz from vice president of operations to chief operating officer. Since joining VSE in 2007, Kintz has served in multiple roles over his tenure....


HD Hyundai Teams Up With Google Cloud to Accelerate AI Innovation

HD Hyundai is partnering with Google Cloud to accelerate its digital transformation using generative AI technology. The collaboration will introduce generative AI across Hyundai's core businesses, including its world-leading shipbuilding and top-ranking construction machinery businesses in Korea....


Palmer Johnson Enterprises Acquires South Carolina-based Continental Engines Inc.

Palmer Johnson Enterprises has acquired Greenville, S.C.-based Continental Engines LLC, a leading distributor specializing in diesel engines and generators. The Continental acquisition is a significant step in Palmer Johnson's nationwide expansion and its commitment to diversifying its offerings within the offhighway equipment industry....


Vanguard Truck Centers Acquires Nacarato Truck Centers, Becoming One of Volvo Trucks' Largest Dealer Groups

Volvo Trucks North America announced that its independent authorized dealer Vanguard Truck Centers, a full-service commercial truck dealer group and leasing operation, acquired Nacarato Truck Centers to become one of Volvo Trucks' largest dealer groups in North America....


Founder of Bobcat of North Jersey Retires

In early December 2023, Bobcat of North Jersey held a retirement party to celebrate its President and Founder, Vincent Ryan, who officially retired on Dec. 31, 2023. After several years of experience in the New York/New Jersey construction industry representing the emerging Bobcat Company equipment line, Ryan founded Bobcat of North Jersey in 1991 with confidence in his ability to represent and stand behind a first-in-class product combined with the never-ending encouragement of his wife, Kathy, the company said....


Contractors Give Mixed Reviews of Their Prospects for 2024

Though public spending on road construction is projected to increase by double digits again this year, contractors are cautious about this year's business prospects. Given the continued challenges facing the construction industry in logistics logjams, labor shortages and rising interest rates, the overall mood is "decidedly mixed."ARTBA reported that the public highway, pavement and street construction sector is expected to see double-digit growth for the second year in a row....


KIOTI Tractor Celebrates Success, Growth at Annual Dealer Meeting

KIOTI Tractor celebrated another successful year during its annual dealer meeting, held Nov. 12 to 14 in Raleigh, N.C. The three-day event featured a robust agenda, including informative keynote speakers and breakout sessions, an action-packed ride-n-drive, and ended with an awards banquet....


Prinoth Expands Westward

Prinoth Crawler Carriers announced new dealer partnerships in the western part of the United States. In early 2023, both Coastline Equipment (Southern California and Nevanda) and Western States CAT (Idaho, Montana, Wyoming, Oregon and Washington), became part of the Prinoth family....






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