Moody's U.S. Homebuilding Outlook

July 31, 2018
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Volvo and Daimler Launch Coretura for Truck Software Platform
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Volvo Group and Daimler Truck have launched Coretura, a joint venture focused on building a shared software-defined vehicle platform for commercial trucks and buses.
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Skanska USA Promotes Three Texas Leaders to Project Executive Roles
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Skanska USA promotes Blake Beran, Tom Hull, and Ben Johnson to Project Executives, reinforcing leadership in Texas across healthcare, education and civic markets.
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ISO Standards: How Contractors Can Prepare for MEWPs Design Updates
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ISO 21455 introduces new global standards for MEWP controls, aiming to improve safety and consistency across scissor lifts and boom lifts worldwide.
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FAYAT Buys LeeBoy: What It Means for the Industry and Why It Might Actually Be A Good Thing
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What does this consolidation mean for contractors, brand identity, and the future of blacktop equipment in North America?
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Construction News
FAYAT Breaks Ground on $13.7M U.S. Facility Following Recent Acquisitions
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FAYAT Group has broken ground on a new $13.7 million parts distribution center in Fairfield County, SC, expanding its North American operations and after-sales support. The project follows a series of recent acquisitions and is expected to create 75 new jobs by late 2025.
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Thoughts on the Concrete Reinforcement Industry
Concrete Reinforcing Steel Institute (CRSI)
Just as steel reinforces concrete, CRSI's new president Lou Parous aims to modernize the Institute’s impact to strengthen the construction industry for 100+ years.
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Business
Construction Leaders Double Down on Workforce Planning Amid Labor Crisis
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A new report finds 98% of construction firms plan to boost workforce planning investments in 2025, with AI, automation, and analytics leading the way to tackle rising labor costs, project slowdowns and employee burnout.
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Asphalt
Asphalt Industry Reacts To LeeBoy, FAYAT Deal
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A brief discussion about the pros and cons of the FAYAT Group's plan to purchase LeeBoy.
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Saint-Gobain Acquires Maturix, Wireless Concrete-Montioring
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Maturix is the latest to join the Saint-Gobain Group. The companies have been collaborating since 2019.
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FAYAT Group to Acquire LeeBoy, Expanding its Global Footprint in Road Equipment
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French construction giant FAYAT is set to acquire U.S.-based LeeBoy, signaling a move to strengthen its position in the North American roadbuilding market. Final approval is expected by the end of 2025.
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Construction News
Volvo Appoints New VP to Lead Aftermarket Parts Sales
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Richard Simons has been appointed Senior Vice President of Aftermarket Parts Sales for Volvo Trucks North America and Mack Trucks, effective June 30.
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Construction News
FAYAT Group Acquires Mecalac to Expand Urban Construction Equipment Offerings
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FAYAT Group has acquired Mecalac, expanding its compact construction equipment offerings, adding new capabilities for urban jobsites.
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