Business: Page 19

Labor & Workforce Development

Hyundai Announces New President

HD Hyundai Construction Equipment

Mike Ross has been named president of HD Construction Equipment North America, succeeding Stan Park after his retirement.

Professional man in dark suit and red tie smiling at camera with industrial equipment in background

Rental Business

New Online Parts Portal for MEWP Fleet Maintenance

AXCS’s new online portal helps contractors quickly identify, order and track replacement parts for equipment right on the jobsite.

Industrial laser cutting machine in operation with bright blue and orange sparks on metal surface

Labor & Workforce Development

Billd Report Highlights Financial Strategies Behind Subcontractor Growth

Billd's latest survey found subcontractors continue to face payment delays and rising costs, while top-performing firms are strengthening cash flow through proactive financial planning.

Construction professionals reviewing project blueprints at desk with hard hat, calculator, and laptop

Surveying & Layout

Bobyard Expands AI Takeoff Platform to Finishes Trades

The platform is designed to help contractors reduce manual measuring during preconstruction.

Interior framing of residential home under construction with wooden beams and large windows overlooking forested landscape.

Financing, Insurance & Leasing

What Private Equity Looks for in Construction Acquisition Targets

Strong financial controls, reliable earnings data and operational discipline can help construction firms improve valuations and attract buyers.

Yellow construction hard hat on table with two professionals shaking hands over blueprints in background

Project Management

Novara Launches AI Tool to Digitize Construction Safety Forms

The new Form Agent converts paper forms, PDFs and scanned documents into digital safety workflows, helping contractors streamline back-office work.

Form Agent interface showing PDF upload and document analysis process for creating inspection forms with AI

Mack Defense Receives $47 Million for Military Dump Truck Production

Funding included in the 2026 defense budget will support continued production of the M917A3 Heavy Dump Truck.

Man in business attire speaking at Mack Trucks podium in front of military truck

Training & Education

The Hidden Workforce Risks Affecting Construction Projects

Labor shortages may grab headlines, but turnover, absenteeism and compliance issues are increasingly impacting project schedules and margins.

Construction worker wearing neon yellow safety vest with glowing industrial icons including magnifying glass, hard hat, and gear symbols

Hard Hats & Headwear

Milwaukee Tool Expands Workwear Line with New Cold-Weather Headwear

New additions include insulated hats, weather-resistant beanies and expanded color options across several contractor-focused clothing collections.

Man in black hoodie and Milwaukee Tool cap standing beside work truck with open door

Surveying & Layout

Trunk Tools Launches AI Construction Platform

The new Cortex platform helps contractors interpret drawings, identify design changes and connect project documents to reduce rework and streamline construction workflows.

Architectural floor plan showing multi-purpose building layout with labeled rooms, storage areas, reception, and door schedule details.

Training & Education

Connected Data May Be Construction's Biggest Competitive Advantage

The industry is more connected, more capable and more energized than ever. The next big thing isn’t a smarter algorithm, but the plumbing that lets every tool do its job.

Project Management

New AI Accounting Agents for Construction Financing

Adaptive launched AI-powered Project Accounting Agents designed to automate accounting workflows, improve field-to-office communication and provide real-time project financial visibility.

Business team collaborating on project with digital finance and analytics icons overlaid on workspace blueprints.

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