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.



Franna Cranes Selects Sound Heavy Machinery To Represent Its Portfolio in Carolinas

Sound Heavy Machinery (SHM) has been named the official Franna Crane dealer for North and South Carolina. The Wilmington-based dealership will represent Franna in selling, marketing, servicing and offering parts for the five current "pick & carry" cranes offered in the United States....


Metso Completes Acquisition of Swiss Tower Mills Minerals

Metso has received the relevant regulatory approvals and completed the acquisition of its long-time partner Swiss Tower Mills Minerals AG (STM). STM's expertise in vertical grinding mills strengthens Metso's comminution solutions portfolio for the mining industry, playing a vital role in energy-efficient solutions for the diverse needs of customers and enabling Metso to provide enhanced service levels to customers using stirred mill technology....


Heidelberg Materials Completes Acquisition of Giant Cement Holding Inc., Subsidiaries

Heidelberg Materials North America announced that it has completed the acquisition of Giant Cement Holding Inc. and its subsidiaries, Giant Cement Company, Dragon Products Company and Giant Resource Recovery, from the Fortaleza, Uniland and Trituradora groups....


Yoder & Frey Names Nick Rager New Territory Manager for Ohio, Indiana, Michigan

Yoder & Frey announced Nick Rager has been appointed as the new territory manager of northwest Ohio, northeast Indiana and southern Michigan. With extensive experience in the auction industry, Rager previously served as operations manager of another auction company, where he specialized in equipment and fleet vehicles for the utility sector....


Yoder & Frey Names Kevin Simmons New Georgia Regional Sales Manager

Industry veteran Kevin Simmons has joined Yoder & Frey as Georgia regional sales manager to drive expansion in the southeastern United States. With nearly 30 years of experience in the heavy machinery sector — primarily at a leading Caterpillar dealership — Simmons has built a distinguished career in sales and management....


Linder Industrial Machinery Announces Leadership Changes

Linder Industrial Machinery has announced a leadership transition. John Coughlin, who has served as president and chief executive officer since 2010, will transfer responsibilities to Executive Vice President of Operations Travis Mullins, who was appointed president and chief executive officer on April 1, 2025....


Skanska Promotes Mukesh Upadhyay to Vice President, Account Manager

Skanska announced the promotion of Mukesh Upadhyay to vice president, account manager of Skanska USA Building for its Metro operations in New York and New Jersey. Assuming this position following his previous role as vice president, project executive of the firm's USA Building business unit, Upadhyay will be responsible for managing and advancing the growth of Skanska's Metro operations in Health Care, Higher Education and Life Sciences through sourcing and winning new projects, as well as overseeing the execution of work currently under way....


Komatsu America Corp. Announces CEO Transition

Komatsu America Corp. has announced that Rod Schrader stepped down from his chairman and CEO roles on March 31, 2025, and will fully retire effective June 30, 2025. Rod Bull became CEO of Komatsu North America Corp....


Jardine Auctioneers Becomes Part of Euro Auctions Group, Joins Forces With Michener Allen Auctioneering

Euro Auctions announced Jardine Auctioneers Inc. are joining forces with Michener Allen Auctioneers as part of the Euro Auctions Group of global auctioneers. Jardine Auctioneers Inc., a family-run auction business that operates out of its 10-acre yard situated on the company's 139-acre site in Fredericton, New Brunswick, Canada, currently offers more than 100 auctions per year, primarily hosting auto, commercial vehicle and industrial construction equipment sales....


Vermeer Southeast Announces Key Leadership Promotions

Vermeer Southeast announced the promotions of Monte Erritt to chief people officer, Dan Rockefeller to chief financial officer and Patrick McCollum to vice president of operations. These promotions underscore the company's dedication to leadership development and its vision to SHINE with excellence: serve others, honor god, improve continually, navigate by values and excel in relationships, according to the company....






×

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