Create a CEG Account  /  CEG Login

Business News

Keep up to date on the latest construction industry trends, in the US and internationally, and how it may impact your business. Stay informed with press releases, research, and opinions to help get the most out of your investment. We highlight small and large projects to keep you abreast of the happenings in the industry, and construction industry statistics to help your company avoid mistakes and find the best solutions to problems that arise.



Bonnell Industries Acquires Flink Assets

Bonnell Industries Inc. has acquired the assets of the Flink Company, located in Streator, Ill. Bonnell Industries will not be acquiring the company, land or building in Streator; it will operate and service from its headquarters location in Dixon, Ill....


Bayer Corp. Begins Work On $43.6M Expansion at Myerstown, Pa., Facility

Despite continuous rain turning it into a muddy ceremony, Bayer officials broke ground in late November on a $43.6 million expansion project at its Myerstown, Pa., plant, approximately 30 mi. northeast of Hershey in Lebanon County....


Monroe Tractor Names Jeff Rehley Branch Manager of Adams Center, N.Y., Location

Monroe Tractor has named Jeff Rehley as branch manager of its Adams Center, N.Y., location. Rehley joins Monroe Tractor with a variety of senior-level sales and operational leadership roles within the fuel and energy markets....


CNH Industrial Ceases Sale of Construction Equipment in China

CNH Industrial announced that effective Dec. 31, 2022, it will cease all construction equipment sales activities in China. In the course of 2021, sales of construction equipment in China totaled approximately $88 million, and CNH Industrial does not expect to incur significant charges in connection with the cessation of its construction equipment sales activities in China....


US Service Group Acquires Assets, Operations of Dalton Rigging and Transport

US Service Group LLC (USSG), a New York-based industrial services company, has acquired all of the assets and operations of Dalton Rigging and Transport Inc. of West Hartford, Conn. Dalton Rigging provides a broad range of rigging and transportation services to customers throughout Connecticut and Massachusetts....


Deere Reports Net Income of $2.246B for Q4, $7.131B for Fiscal Year

Deere & Company reported net income of $2.246 billion for the fourth quarter ended Oct. 30, 2022, or $7.44 per share, compared with net income of $1.283 billion, or $4.12 per share, for the quarter ended Oct....


Gilbert Products, Alessi Equipment Form Partnership

Gilbert Products announced its new partnership with Alessi Equipment Inc. for the distribution of its construction equipment in the eastern portion of the United States. Together, the companies will work on consolidating the U.S....


LeeBoy Promotes Broome to Senior Product Manager

LeeBoy has promoted Chris Broome to the position of senior product manager. Broome joined LeeBoy in 2017 and has since continued to increase his knowledge and expertise of LeeBoy products, according to the company....


Alliance With SANY Sets Ironpeddlers On Pathway to Success

Ironpeddlers, a construction and road equipment dealer based in the Charlotte-Monroe market in North Carolina, has thrived for most of the past 48 years as a family-run company noted for offering used machines and parts, along with a close working relationship with its customers....


Peer Executive Groups Reveals Top Gun Award Winners

Peer Executive Groups (PEG) revealed the order of the Top Gun Award winners at the Meeting of the Minds Conference (sponsored by Genie) and Top Gun Recognition Dinner (sponsored by Rouse) in Scottsdale, Ariz., on Nov....






×

Stay Ahead of the Market

Get weekly equipment news, auction updates, and dealer insights — trusted by thousands of industry professionals.



39.95234 \\ -75.16379 \\ Philadelphia \\ PA \\ US \\ 19019