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.



2021-2022 Construction Economic Forecast

The pandemic effectively ended the longest period of expansion in the U.S. economy since World War II and is negatively affecting many industries, weakening the economy, decreasing GDP and causing a lot of uncertainty in the markets....


PowerPro Equipment Is New Merlo Dealer

PowerPro Equipment, located in New Holland, Pa., has added Merlo telehandlers to its lineup of equipment. Established in 1969, PowerPro Equipment has curated a reputation for offering a broad selection of high quality, light and heavy equipment for sale and rent to homeowners, lawn care professionals and construction companies....


Chadwick-BaRoss Announces Acquisition of J.F. McDermott

Chadwick-BaRoss Inc. (CBR), has completed the acquisition of J.F. McDermott Corp. (McDermott), a Whitman, Mass.- based distributor of equipment to the water and waste water industries. Under the announced deal, all of McDermott's employees will be joining CBR, under the leadership of CBR President Jim Maxwell....


eBay, bidadoo Announce Strategic Partnership to Transform Heavy Equipment Industry

eBay Inc. , a global commerce leader that connects millions of buyers and sellers around the world, announced a strategic partnership and investment in bidadoo, a leading online remarketing and auction company of equipment, trucks and capital assets....


Yanmar Compact Equipment North America Fills President, Director Roles

Yanmar Compact Equipment North America, encompassing the Yanmar Compact Equipment and ASV Holdings Inc. brands, announced Tate Johnson as president, Lee Thole as director of aftermarket and David Gannon as director of channel development....


Ritchie Bros. Promotes Jim Kessler to Role of President

Ritchie Bros. , a global marketplace for insights, services, and transaction solutions, announced that its chief operating officer, Jim Kessler, will take on the additional role of president, effective immediately....


Industry Wants Fed Help to Tackle Labor Shortages

If you believe the projections, the construction industry could see hundreds of thousands of new jobs as a result of the bipartisan infrastructure bill. The industry just needs fed buy-in for skilled worker training while it waits for shovels to hit the dirt on coming infrastructure projects....


BOMAG, Road Machinery Expand Coverage in Arizona

BOMAG Americas, a leader in the industry in soil, asphalt and landfill compaction, recently announced the ever-expanding partnership with Road Machinery LLC in Arizona. Road Machinery will help their customers "Think Further with BOMAG" by helping pave the way for growth in Arizona's roadbuilding and construction markets....


Auto Industry Veteran Vijay Patil Joins DCR Technologies

Auto industry veteran Vijay Patil, has joined DCR Technologies as its co-founder and chief operating officer. DCR Technologies is expanding its leadership team to meet the demand for its Digital Retailing and Credit Desk Pro platform, a configurable SaaS origination hub that enables commercial equipment dealers, lenders and buyers to interact seamlessly on a single digital platform....


Philippi-Hagenbuch Mourns Loss of Company Co-founder Pat Hagenbuch

Pat Hagenbuch, co-founder of Philippi-Hagenbuch Inc. , and beloved mother, grandmother and community philanthropist, passed away on Aug. 17, 2021, at the age of 79 in the company of her loving family. Hagenbuch was famously known for the generous contributions she made to her family, the Peoria community, and to Philippi-Hagenbuch Inc....




Today's Top Stories

  1. Santa Monica Awards Contract for Pier Bridge Project  →
  2. John Deere Power Systems Announces Retirement of Pierre Guyot, Appointment of Gregor Sueck  →
  3. John Deere Power Systems Announces Retirement of Pierre Guyot, Appointment of Gregor Sueck  →
  4. Browns Break Ground On Huntington Bank Field, Launching Multi-Year Construction Effort  →
  5. Komatsu West Strengthens Presence in Sacramento  →
  6. ODOT's $173M I-90 Project to Fix Flooding  →
  7. Students in Komatsu-Supported Tech Program Graduate  →
  8. Fabick Cat Plans Employment Open House in Madison, Wis.  →
  9. TVH Appoints Giuliano Parodi as New CEO  →
  10. Takeuchi-US Hires Four New Regional Business Managers  →
  11. J.C. Lee Winning the War on Wear in the Trenches  →
  12. Liebherr Cranes Power Genoa Mega Drydock  →
  13. JCB Launches 'Be Your Own Boss' Program to Empower Construction Entrepreneurs  →
  14. Landoll Co. Donates Historic 40,000th Traveling Axle Trailer to International Towing & Recovery Museum  →
  15. Nationwide Trailers Acquires Phoenix, Arizona Market's JacksSons Trailers  →
  16. Foxx Loaders Expands Lineup for Range of Applications  →
  17. Guiness World Records Set at TurfMutt Great Lawn in Louisville's Waterfront Park  →
  18. Hansen Auction Group Holds Spring Auction in Mosinee, Wis.  →
  19. Hansen Auction Group Holds Spring Auction in Mosinee, Wis.  →
  20. Major Bridge for Indian Expressway Calls in Potain Crane Power  →



×

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