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Business: Page 158
Business
Bosch Rexroth to Acquire HydraForce
Bosch Rexroth Corp.
This move opens new market opportunities and enhances the company’s footprint in North America.
Trucks
Medium- and Heavy-Duty Truck Production Expected to Decline 10%
Power Systems Research
Global medium and heavy vehicle production is expected to decline by 10% this year primarily because of a drop in demand in China and Eastern Europe. However, a slowing global economy will also place pressure on demand moving forward.
Business
6 Construction Payment Problems and How to Avoid Them
Bolster By CostCertified
Even companies that are profitable on paper can be crippled if they can’t collect payments promptly.
Construction Technology
Construction's Favorite Password: 123456
NordPass
Construction is the most data-breached industry. It doesn't matter if it's the CEO or the contractor, the most popular password remains "123456."
Business
Study: Construction Companies Shifting Pricing Models to Reflect Inflation
Umpqua Bank
Surveyed construction contractors said they expect the economy to worsen over the coming year and are adjusting business practices. More than 8 in 10 expect their prices to increase, with 51% also anticipating a corresponding spike in revenue.
Business
Study Shows Widespread Construction Optimism, Need for Digitalization
InEight
InEight's annual Global Capital Projects Outlook said 99% are optimistic about the construction industry. Many also say that digital technologies are the top opportunity for growth.
Digging Deeper
Briggs & Stratton Pros Discuss the New Vanguard 400 EFI/ETC Engine
Briggs & Stratton
The new Vanguard single-cylinder engine boasts lower maintenance costs and less downtime.
Welding Equipment & Supplies
Lincoln Electric VIKING 2450 ADV Series Welding Helmets
Lincoln Electric Co
The auto-darkening helmets feature a professional user interface, an integrated LED light and 4C optics.
Business Services
When is it Time to Grow Your Business?
The time is always right to invest in your business, but there are several indicators to consider before taking the first step.
Business
Lumber Prices Fall in June
National Association of Home Builders
Softwood lumber prices fell 23% in June after two years of volatility.
Business
Alternative Building Material Market Expected to Grow 6% by 2030
Straits Research
The global alternative building material market size was valued at $205 billion in 2021. It is expected to reach $345 billion by 2030, registering a CAGR of 6% during the forecast period (2022–2030).
Construction Safety
Why Vehicle Safety in Construction Remains a Cause for Concern
Brigade Electronics Inc.
One of the main causes of fatal incidents for construction workers is being struck by a moving vehicle.
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