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.



LBX Company Appoints Mike Reynolds New Vice President, Chief Financial Officer

LBX Company, maker of Link-Belt excavators, announced that Mike Reynolds has been promoted to vice president and chief financial officer, effective immediately. Reynolds joined LBX in 2013 as the corporate controller....


LiuGong North America Reveals LiuGong Finance

LiuGong North America has announced a new private label program to become a one-stop shop for equipment and financing. The new LiuGong Finance program will serve customers and dealers with a multitude of benefits....


Yanmar Highlights Progress on Sustainability Initiatives

Yanmar is undertaking a range of activities in pursuit of a sustainable society, under its brand statement of "A Sustainable Future". From the development of new energy sources for customers and industry, to working towards zero-emissions from its headquarters and facilities, Yanmar developing clean and safe solutions for industry and society....


ASCO Celebrates Grand Opening of Little Elm Location

ASCO Equipment Company, a construction, agriculture and material handling equipment provider, celebrated the grand opening and ribbon cutting of its new Little Elm facility at 27500 E University Dr., Aubrey, TX 76227 on April 20....


Volvo CE's Steady Q1 Performance Impacted by China

Volvo Construction Equipment (Volvo CE) saw a modest increase in net sales for Q1, 2022 in all areas outside of Asia — with its overall growth momentum impacted by the market decline in China, triggered in part by the ongoing COVID-19 restrictions there....


Truck Tractor Prices Up According to Ritchie Bros. April Market Trends Report

With its April Market Trends Report, Ritchie Bros. continues to show year over year price inflation for all major equipment categories. This month's report includes an in depth look at Q1 (Jan to Mar) sales, broken out by manufacturer....


Touching the Surface — Federal Highway, Bridge Funds Steadily Increase Due to IIJA

Funding for America's surface transportation needs has increased markedly over the past two years — that's due in large part to the Infrastructure Investment and Jobs Act (IIJA). In 2021, approximately $53 billion in highway formula funds were made available to states....


Frank Martin Sons Ready to Represent New Hitachi Excavators in Maine

Frank Martin Sons Inc. , with locations in Fort Kent and Madison, Maine, has been named the Hitachi excavator dealer of the state of Maine. Hitachi recently ended its joint venture agreement to manufacture and sell its excavators in North America with John Deere....


Global Machinery Opens Two New Locations: Utah, Arizona

Global Machinery has added two new locations to its territory map. The Phoenix location (775 West Elwood St.) and the Salt Lake City location (2187 South Technology Park Way) join Global Machinery's existing locations in Denver, Colo....


Trimble, Infotech Expand Collaboration to Improve Inspection Process Efficiencies for Civil Infrastructure Projects

Trimble and Infotech announced an enhanced collaboration to improve the inspection process for civil infrastructure projects. Through the connection of Trimble Access field software and Infotech's Appia service, the software integration streamlines the workflow from survey to construction to provide high-accuracy measurement workflows for daily work reports and inspection reporting for inspectors in engineering, construction and local public agencies....






×

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