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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.



Parman Holdings Corporation Acquires Cleburne Farm Supply

Parman Holdings Corporation, an employee-owned company, is set to acquire Cleburne Farm Supply (CFS) in January 2024. CFS will operate as a second location for Parman Tractor & Equipment (PT&E), a subsidiary of Parman Holdings....


National Construction Leader Stephanie Schmidt-Lehmann Joins ABC as EVP of Industry Relations, Member Value

Associated Builders and Contractors announced Stephanie Schmidt-Lehmann, 2022 chair of the ABC board of directors and former president of Poole Anderson Construction, State College, Pa., has been named executive vice president of industry relations and member value....


Peak JCB Expands With New Salt Lake City Location

Peak JCB, a local construction equipment dealership in Utah, expands its presence with a new facility in West Valley City, Utah. This strategic relocation marks a significant milestone for Peak JCB as it strengthens its commitment to providing products and services to customers in the region....


Montabert Honors Top Dealers at AED

Montabert USA has announced its top dealer awards for 2023. Two awards for highest achievement in sales were presented during the AED (Associated Equipment Dealers) Summit and CONDEX event, which was held in Las Vegas from Jan....


Equipment Corporation of America Announces New Dealership of Boart Longyear

Equipment Corporation of America (ECA), a provider of construction and drilling equipment, announced its new partnership with Boart Longyear, a supplier of drilling services, drilling equipment and performance tooling....


Alabama AGC Announces Byron McCain as Workforce Development Director

The Alabama Associated General Contractors announced the addition of Byron McCain as its workforce development director. McCain retired from the Construction Education Foundation of Alabama (CEFA), bringing a wealth of experience into his new role....


Hamre Equipment Joins LiuGong North America Dealer Network

LiuGong North America welcomed Hamre Equipment to its dealer network. The Chico, Calif.-based company has expanded from material handling equipment (MHE) into construction equipment (CE) since being founded in the late 1980s and has established a foothold in the region....


Finlay Welcomes Columbus Equipment as Authorized Distributor of Kentucky

Finlay, global pioneers in the crushing, screening and conveying industry, announced Columbus Equipment as the authorized distributor for the state of Kentucky. This collaboration is a significant milestone in the rapidly expanding Finlay U.S....


Best Line Equipment Announces Strategic Partnership With Astec Industries

Best Line Equipment, a recognized leader in equipment sales, service and rentals, announced a strategic partnership with Astec Industries, a global pioneer in the manufacture of equipment from rock to road....


DEVELON Celebrates First Anniversary of New Brand Name

It's been one year since the familiar brand of orange construction equipment, formerly known as Doosan construction equipment, was renamed DEVELON. Company officials hosted a special media event on Jan....






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