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Section: Business > Business Services
Labor & Workforce Development
Daimler Expands Factories, Invests in New Tech
Daimler Truck North America
With a 33% increase in warehouse and storage space, the expanded facility increases efficiency and storage capacity, enabling smoother operations and faster turnaround times.
May 20, 2024
The new DTNA engineering facility will be approximately 110,000 sq. ft. and will consolidate testing activities under one roof with a focus on research and development for emerging propulsion technologies, such as battery electric and hydrogen-fueled vehicles.
Dealers, Service Centers
Caterpillar Bankrolls $90M Diesel Engine Factory Upgrades
Caterpillar - Cat
The $90 million investment aims to prep facilities in Texas to produce the new Cat C13D industrial engine.
May 20, 2024
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Dealers, Service Centers
Cat Announces $7B Profit in Construction Heavy Equipment
Caterpillar - Cat
The company listed $27.4 billion in sales in the sector overall, crediting online selling and demos at CONEXPO-CON/AGG as some of the reasons for its growth.
May 15, 2024
Technologies such as Caterpillar's Grade Assist are part of the reason the company's sales have grown in recent years.
Labor & Workforce Development
ServiceTitan Becomes Title Sponsor for Elite Trades Championship Series
Service Titan
The platform’s mission is to encourage future generations to join the trades.
May 15, 2024
About 50 elite professionals and apprentices will be named finalists, receiving an all-expenses paid trip to the ServiceTitan Elite Trades Championship Series at the West Palm Beach Convention Center.
Coaching & Consulting
Commercial Construction Segment Improved 12% in April
Dodge Construction Network
The Dodge Momentum Index shows data center demand has spiked the commercial segment, while other areas were down in April.
May 14, 2024
Sarah Martin, Dodge Construction Network’s associate director of forecasting.
Coaching & Consulting
Construction Prices, Backlog, Confidence Up in April
Associated Builders and Contractors Inc. (ABC)
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in April, while prices were up 0.5%.
May 14, 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in April, according to an ABC member survey conducted April 22 to May 6.
Dealers, Service Centers
JT Magen
May 13, 2024
Coaching & Consulting
Well Built
May 13, 2024
Dealers, Service Centers
Brokk Opens New Distribution Center in Canada
Brokk
The new 4,000-foot distribution facility marks an expansion of its network and will house the full line of demolition machines with attachments as well as Aquajet Hydrodemolition robots and parts inventory for both brands.
May 13, 2024
The new 4,000-foot distribution facility marks an expansion of its network and will house the full line of demolition machines with attachments as well as Aquajet Hydrodemolition robots and parts inventory for both brands.
Coaching & Consulting
Bereavement & Grief Support in the Aftermath of an Overdose Loss
SAFE Project
Normalize the conversation around grief and bereavement to help provide support to those experiencing the loss of a loved one or co-worker to a death by overdose.
May 13, 2024
Bereavement Grief Support in the Aftermath of an Overdose Loss
Dealers, Service Centers
Oshkosh to Acquire AUSA
Oshkosh Corp.
AUSA products will enhance the JLG line of telehandlers. The companies began partnering in 2020, with AUSA manufacturing the JLG-branded SkyTrak 3013 compact telehandler.
May 9, 2024
AUSA will become part of the Oshkosh Access segment.
Equipment Monitoring & Logistics
Volvo CE Offers More Services with New Stake in Software Company
Volvo Construction Equipment
VizaLogix offers products that are different from and, in some cases, complementary to Volvo services.
May 9, 2024
Supporting mixed fleets and mixed data connections uniquely defines the VizaLogix product approach and market differentiation.
Financing, Insurance & Leasing
4 Keys to Construction Financial Management in 2024
UHY
Whether it is coping with fluctuating materials costs or navigating multi-state compliance demands, the financial management workflow within the construction industry is one of the most hectic throughout the business world.
May 8, 2024
In the face of this economic uncertainty, construction businesses will undoubtedly face the urge to run out and hoard new projects as a way to insulate themselves against future economic downturns.
Business Services
Arthur J. Gallagher & Co.
May 7, 2024
Construction Safety
Baltimore Bridge: Supporting Workers’ Families and Addressing Force Majeure Clauses
Authorities announced the discovery of the fifth body of a construction worker in the aftermath of the Baltimore bridge collapse. In light of this tragedy, experts emphasize the importance not only of safety, but for contractors to address force majeure.
May 3, 2024
A Maryland Natural Resources Police officer conducts an overflight assessment of the M/V Dali, a 948-foot Singapore-flagged container ship, and Francis Scott Key Bridge in the Patapsco River in Baltimore, Md.
Dealers, Service Centers
Topcon Expands Retail Territory
Topcon Positioning Systems
The store will not only cater to the needs of new customers but will also bolster existing local Topcon dealers with comprehensive parts, service, and product training support.
May 2, 2024
The Spokane area has been witnessing a surge in infrastructure projects, healthcare facilities, and both commercial and residential building initiatives.
Expert Columns
Twin Challenges for Construction in 2024: Technology and Policy Reform
Kojo
The $1 trillion federal infrastructure bill, growing investment in green power infrastructure, rising U.S. consumer demand, and initiatives to reshore manufacturing have all contributed to tremendous growth in commercial construction.
May 2, 2024
Using modern estimating programs, workers can easily use historical scope and cost data to create more accurate estimates.
Business
How Potential Tax Changes May Impact Your Construction Biz
GB Financial Services, LLC
Pending tax changes may put cash in your pocket.
April 30, 2024
Pending tax changes that will become law for 2023 and 2024 may give many contractors the opportunity to amend their 2023 tax returns and receive additional benefits that could reduce 2024 estimated tax payments.
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