Business Services: Page 27

Machine Grade Control, GPS, Laser & Other

Cat, Trimble Extend Grade Control Collab Agreement

Trimble's Scott Crozier talked to us about what this partnership means for heavy equipment grade control.

Officials from Caterpillar and Trimble announced on Oct. 2 their intention to continue a collaboration aimed at improving grade control technologies and interoperability, as well as availability of those technologies to end users and OEMs.

Financing, Insurance & Leasing

AccuWeather Puts Hurricane Helene Recovery at $225B-$250B

Buildings, roads, bridges and other infrastructure will need to be rebuilt after Hurricane Helene created catastrophic damage in nine states on the East Coast.

Hurricane Helene.

Business Services

Economic Indicator Highest Since February 2023

Institute for Supply Management (ISM)

The Services PMI, which includes the construction industry, registered 54.9 percent, which is the highest reading since February 2023 and indicates sector expansion for the 49th time in 52 months.

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Dealers, Service Centers

Stellantis to Invest Millions in Michigan EV, Hybrid Plants

Stellantis, parent company of Dodge and other brands, revealed it would invest more than $406 million in three facilities in Michigan to develop a platform that can be shared for both electric and hybrid vehicles.

With an investment of $235.5 million, SHAP will produce the company’s first-ever battery-electric 2025 Ram 1500 REV light-duty truck.

Rental Business Services

Keys to a Successful Rental Equipment Business Model

Transparency is needed for the success of any rental arrangement - be it cars, tools, real estate or something else, and the construction equipment rental business is no different.

In construction, a comprehensive equipment management platform can be the key to ensuring transparency.

Labor & Workforce Development

10,000th CTL Manufactured at Takeuchi-US South Carolina Facility

Producing 10,000 machines in two years is certainly a major accomplishment, and getting there required many on-site pep talks and encouragement from Takeuchi’s headquarters in Nagano, Japan.

Takeuchi’s Moore employees signed the interior engine cover of the 10,000th CTL, making it a once-in-a-lifetime purchase.

Financing, Insurance & Leasing

Fed Reserve Interest Rate Cute Impact on Construction and Manufacturing

How the latest interest rate cut could impact the construction industry and manufacturers.

Chair Jerome Powell answers reporters' questions at the Federal Open Market Committee press conference on Sept. 18, 2024.

Financing, Insurance & Leasing

Kohler Energy Rebrands as Rehlko

Rehlko (formerly Kohler Company)

The company became a stand-alone entity in May 2024 when Platinum Equity completed a transaction with Kohler Company to establish then-Kohler Energy as a stand-alone business.

Rehlko Banner Square

Rental Business

What Do the Top 100 Rental Companies Do?

GB Financial Services, LLC

Lessons learned from the business practices of the most successful rental companies.

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EXCLUSIVE: BOMAG’s Big Bet on New Tech and Customer Connection

BOMAG Americas Inc.

The company cast its global vision of success centered on growing smart software, training, and an emphasis on listening to end users at 2025 Innovation Days.

Editor Brandon Noel sat down with Jonathan Stringham, VP of sales and marketing at BOMAG, while at BOMAG Innovation Days in Germany and took the opportunity to ask about BOMAG’s adoption strategy and future expansions in the North American market.

Financing, Insurance & Leasing

How ESOPs Can Enhance Stability, Engagement in the Construction Industry

GB Financial Services, LLC

Employee stock ownership plans (ESOPs) represent more than just a financial transaction, they embody a strategic approach to securing the future of construction firms while empowering their workforce.

Navigating the regulatory landscape and industry-specific challenges is essential for successfully implementing ESOPs in the construction industry.

Trimble Announces New Transportation Tech at Insight

Trimble made several announcements at its 2024 Insight Tech Conference.

Insight Tech Conference 2024

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