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.



Compact Construction Equipment Buys Bobcat of Abilene

Compact Construction Equipment LLC, the authorized Bobcat equipment dealer in south, central and west Texas, has acquired Bobcat of Abilene. In business since the early 1960's, Bobcat of Abilene distributes Bobcat equipment in the Abilene, Sweetwater and San Angelo markets and operates a full-service rental store that provides earthmoving, landscape, concrete, compaction and aerial equipment....


Doosan Bobcat to Acquire BOB-CAT Mowers, Steiner and Ryan Grounds Care Brands

Doosan Bobcat Inc. , a global leader in the compact equipment industry, today announced plans to acquire the assets of the BOB-CAT Mowers, and the Steiner and Ryan brands of ground care equipment from Schiller Grounds Care Inc....


Construction Spending Declines as Decrease in Public, Private Nonresidential Construction Outweighs Strong Pickup in Homebuilding

Construction spending declined 0.8 percent in October from September but topped year-ago levels by 1.1 percent, as decreases in private nonresidential, multifamily and public projects outweighed a recent revival in single-family homebuilding, according to an analysis Dec....


Bonnell Announces Expansion of Manufacturing Facility

Bonnell Industries Inc. has expanded its manufacturing facility with the opening of a new building at the company's headquarters in Dixon, Ill. At 8,500 sq. ft. and 5-acres, the addition consists of a large shop floor, parts-mezzanine, office space and worker amenities, with a paved lot for ample parking....


Soosan Purchases Assets of Junjin

Soosan CSM, of Seoul, South Korea, has purchased the assets of Junjin CSM, makers of hydraulic drills that have been imported to United States through its distribution company Junjin America LLC, a partnership between Larmee Equipment & Supply Co....


Helena Hedblom Appointed Epiroc's Next President and CEO

The board of directors of Epiroc AB has appointed Helena Hedblom as the new president and CEO of Epiroc AB, effective March 1, 2020. She will replace Per Lindberg, who has decided to leave his position after having successfully established Epiroc as a listed company....


Doosan Bobcat Unveils Plans for $26M Expansion of Litchfield, Minn., Facility

Doosan Bobcat, a manufacturer of compact equipment industry, announced plans for a $26 million expansion of its Litchfield, Minn., manufacturing facility. The investment will enable meeting an increased demand for Bobcat's growing and expanded line of compact equipment and attachments....


Prinoth Patents Issued by the U.S. Patent & Trademark Office

Prinoth's expertise in building technologically advanced tracked vehicles such as snow groomers has delivered the efficient and powerful line of Panther carriers. In 2011, after more than three years of research and development, and an array of innovations, the Panther platform was introduced and it continues to evolve....


Construction Employment Increases as Firms Hire Despite Tight Labor Market

Construction employment grew in 231, or 65 percent, out of 358 metro areas between October 2018 and October 2019, declined in 69 and was unchanged in 58, according to a new analysis of federal employment data released Nov....


AEM Honors 19 Companies for Longtime Industry Service

The Association of Equipment Manufacturers (AEM) has recognized 19 companies for achieving "milestone member" status in 2019, a designation that highlights their off-road equipment manufacturing industry support through longtime and continuous participation in AEM....






×

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