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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.



H.O. Penn Machinery Holds Unique 'Can You Dig It' Events

We have all attended the traditional dealer open houses. They all pretty much have the same cookie-cutter feel — barbecue, refreshments, equipment demonstrations, factory reps, small equipment displays, maybe 50 to 150 people in attendance....


Experts Discuss Tips to Keep Cash Flowing

Cash flow is always an issue in the construction business, but this year it's magnified by the pandemic, materials prices and supply bottlenecks. This year's cash flow and payment report from Levelset found that only one in 10 contractors get paid in full....


Trail King Industries Adding Two New Dealers to Network

Trail King Industries, a North American trailer manufacturer, continues to expand its dealer network. Recently, the company announced the addition of two new dealers to its network:Frost Machines — Cody, Wyo....


Jonas Construction Software Announces Procore Partnership

Jonas Construction Software, a provider of construction and service accounting software, announced its partnership with Procore Technologies Inc. , a provider of construction management software. The new Jonas integration with the Procore platform addresses the challenge of getting timely cost and financial reports for business owners, project managers, and accounting teams....


DCR, Construction Equipment Guide Announce New Strategic Partnership

DCR Technologies and Construction Equipment Guide (CEG) have entered into a strategic partnership, combining DCR's industry leading origination technology with CEG's classified equipment listings for nearly 1,700 dealers nationwide....


Dynapac North America Continues to Strengthen Dealer Network

Dynapac North America LLC, a leader in innovative equipment for compaction and paving applications, announced that NED will be expanding its current footprint for Dynapac products into North and South Carolina....


Volvo, Holcim Jointly Work to Use Autonomous Electric Haulers

Volvo Autonomous Solutions and Holcim Switzerland have entered a collaboration to jointly test and further develop the use of autonomous electric haulers in a limestone quarry. Holcim's quarry Gabenchopf in Siggenthal has been chosen as the site for this project....


Ritchie Bros., SmartEquip Team to Make Equipment Parts Procurement Easier

Ritchie Bros. announced that it has completed its acquisition of SmartEquip, a technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers....


AGC: Utah Adds Most Construction Jobs Since Pandemic

Only 14 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to a new analysis of federal employment data released by the Associated General Contractors of America....


Stoltz Sales & Service, Hub International Merge to Form Equipment Ontario

Case IH equipment dealers Stoltz Sales & Service and Hub International will be merging their two organizations to form Equipment Ontario effective Dec. 1, 2021. Together they will service a total of more than 16 counties with dealership locations in Elmira, Lindsay, Listowel, Mildmay and Port Perry, Ont., and a future location in Simcoe County to be determined....






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