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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.



Nortrax Canada Inc. Becomes the Wirtgen Group Dealer for Ontario, Canada

Effective January 1, 2019, Nortrax Canada Inc. will become the distributor of Wirtgen Group products for Ontario, Canada. Nortrax has been serving the Ontario market for more than 40 years performing as one of John Deere's top construction dealers....


Metso to Acquire Service Business of Chile's HighService Corp

Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp. HighService Service is aservice provider for the mining industry, with operations in Chile, Argentina and Brazil....


Doosan Portable Power Expands Distributor Network

Doosan Portable Power has expanded its authorized distributor network with the opening of an Amarillo, Texas, branch for Air Compressor Solutions. Headquartered in Odessa, Texas, Air Compressor Solutions is an authorized dealer of Doosan Portable Power air compressors, generators and light towers....


'Farm-Born' Custom Made Products Celebrates 50 Years

Custom Made Products, a roller and scraper dealership and trucking company with 15 locations throughout Iowa, is celebrating its golden anniversary in 2018. Like many home-grown successes, the company started small....


Caterpillar Names Jason Conklin to Vice Presidency

Caterpillar has appointed Jason Conklin as vice president of global construction and infrastructure, effective Jan. 1. In addition, the board of directors announced it is changing the responsibilities of the company's senior officers to better serve the its global customer and dealer base....


Doosan Infracore Opens N. American Distribution Center

Doosan Infracore North America LLC, a manufacturer of heavy construction equipment, recently opened a new 100,000-sq.-ft. parts distribution center serving its dealers and customers in the United States and Canada....


Steel Prices Move Downward for First Time in 15 Months as Tariff Impact Decreases

Construction costs increase continued to slow in December, according to IHS Markit and the Procurement Executives Group (PEG). The current headline IHS Markit PEG Engineering and Construction Cost Index registered 53.0 this month, the lowest index figure for 2018....


Southeastern Names Kurz N. Canton Branch Manager

Southeastern Equipment Co. Inc. has named Chris Kurz branch manager of its North Canton, Ohio, location. Kurz's responsibilities will include overseeing the sales, service and parts teams, and assuring customers receive excellent service in every area....


Certifications for Drill Rig Operators Introduced

The National Commission for the Certification of Crane Operators (NCCCO) and the International Association for Foundation Drilling (ADSC) have jointly announced the introduction of a certification program for operators of drill rig equipment....


Ben Dutton Retires From ECA After 43-Year Career

Ben Dutton retired from Equipment Corporation of America (ECA) in December 2018 after more than 43 years spent climbing through the ranks within the leading distributor of foundation construction equipment....






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