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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.



Milton Rents Eyes Three New Locations, Growth in 2024

Milton CAT takes pride in being family-owned and operated for more than 70 years, earning the trust of customers in the construction, power generation and transportation industries in New England and upstate New York....


Survey: Concerns Remain Over Buy America Requirements

Rising highway construction costs are draining more dollars from BIL funds allocated for federal transportation projects across the country. The FHWA admits that what can be purchased today with BIL funds earmarked in 2021 is markedly less that what was pledged....


Canfor Announces Leadership Transition

John Baird, chairman of the Canfor Corporation board of directors, announced that Don Kayne, president and chief executive officer, plans to retire at the end of the year. Kayne has been with Canfor for 46 years and has held the position of president and chief executive officer since 2011....


George Jones Receives Vermeer Sales Legacy Award

George Jones recently received the Vermeer Sales Legacy Award for his outstanding success and commitment during his career with Vermeer Heartland. Jones has been on the Vermeer Heartland team since 1983, making this his 41st year with the company....


Jersey Rents Thrives With Screencore Partnership

As a relatively new manufacturer of mobile crushers, screens, trommels and pugmills, Screencore has quickly assembled a first-class network of dealers, distributors and sales partners throughout the southern hemisphere, through Europe and into the United States....


Hitachi Global Air Power Acquires Sullair Distributor, Air Power Sales & Service

Hitachi Global Air Power US LLC, an industry leader in innovative compressed air solutions, announced the purchase of Longview, Texas-based Sullair distributor, Air Power Sales and Service. Air Power specializes in 24-hour sales and service of air compressors, air treatment products, accessories and related equipment....


Hayden-Murphy Named Full-Line BOMAG Americas Dealer in Minnesota

BOMAG Americas announced Hayden-Murphy Equipment Company as the new dealer in Minnesota for the manufacturer's asphalt roller, paving, milling and recycling/stabilizing equipment lines. Asphalt reclamation and paving, compaction and construction contractors in Minnesota will benefit from Hayden-Murphy's expert sales, service and parts support offered from its three locations in Bloomington, Proctor and Elk River, Minn....


WRI Tractors Joins Takeuchi's North American Dealer Network

WRI Tractors, located at 6920 W. State Highway 21 in Bryan, Texas, is now carrying Takeuchi's full line of compact equipment, including track loaders, excavators, wheel loaders and crawler dumper. "We're very pleased to now offer Takeuchi's quality equipment here in southeast Texas," said Quinton Williams, president of WRI Tractors....


Furukawa Co. Names Manabu Masuda New President of FRD.USA Operations

FRD.USA, a manufacturer of rock drills, hydraulic breakers and various other attachments for compact utility loaders, skid steers, mini excavators, backhoes and excavators, announced the appointment of Manabu "Max" Masuda as president....


HD Hyundai, NED Expand Relationship, Add 'Flagship' Locations in Florida, Texas

HD Hyundai Construction Equipment North America and National Equipment Dealers (NED) announced a five-year distribution agreement to accelerate Hyundai's North American market coverage and growth initiatives while expanding NED's dealership territory coverage....








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