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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.



Mary Andringa of Vermeer Named to HDDA Hall of Fame 2024 Class

Mary Andringa, the chair emerita of Vermeer Corporation, has been inducted into the notable Horizontal Directional Drilling Association (HDDA) Hall of Fame Class of 2024. This honor acknowledges individuals whose pioneering work and significant contributions have made a lasting impact on the horizontal directional drilling (HDD) industry....


Takeuchi Dealer Alta Equipment Company Opens Tallahassee Location

Takeuchi-US has added a new Alta Equipment Company branch in Tallahassee, Fla., to its growing North American dealer network. This is Alta's ninth construction equipment Florida location and its first in Tallahasee....


ASCENDUM Machinery Opens New Savannah, Ga., Facility

When the folks at ASCENDUM Machinery realized a few years ago that their Pooler, Ga., location no longer met the company's needs, they began looking around for a more suitable location — one that was not only larger and more modern but also was easier for customers to get to....


Garrison Spearman Joins Thunder Creek as New Territory Sales Manager in Southeastern U.S.

Thunder Creek Equipment has named Garrison Spearman as the new territory sales manager of the southeastern United States, covering the states of Mississippi, Alabama, Georgia, Florida and South Carolina....


Jörn Henselmans Appointed Vice President, General Manager of Grove All-Terrain Cranes at Manitowoc

Manitowoc announced that Joern Henselmans has been appointed to vice president and general manager of Grove All-Terrain Cranes, effective April 12, 2024. In his new role, Henselmans is responsible for operations, purchasing, engineering, new product development, quality, human resources and safety at the Manitowoc facility in Wilhelmshaven, Germany....


SAKAI Achieves Record Sales, Production

SAKAI America, a manufacturer and supplier of asphalt rollers and soil compactors for the paving and construction site work industries, announced another record-breaking fiscal year with revenue growth exceeding 16 percent....


Takeuchi Recognizes Top Dealers at 2024 Dealer Summit

Takeuchi recently announced its Dealer of the Year, Dealer Salesperson of the Year and the recipients of its 2023 Dealer 360° awards at the company's 2024 Dealer Summit in San Antonio. These awards recognize Takeuchi dealers across the United States and Canada for excellence in sales performance, facilities, training, accounts receivables, marketing/parts and service....


Fabick Cat Hosts Its 34th Season Opener in Eau Claire, Wis.

To celebrate the beginning of the 2024 construction season, Fabick Cat welcomed 600 attendees to its 34th annual Season Opener on April 19 and 20 at its facility at 7860 Partridge Rd. in Eau Claire, Wis....


Farm-Rite Opens Expanded Facility in Willmar, Minn.

Farm-Rite Equipment Company celebrated the grand opening of its newly expanded facility at 1515 Litchfield Ave. SW in Willmar, Minn., on April 5, 2024. Completed in January by Marcus Construction, the 32,385-sq.-ft....


Volvo CE Continues to Perform, Transform During Slower Q1 2024

Volvo CE is proving its commitment to perform and transform, delivering for its customers for today and tomorrow, while it feels the effects of the industry downturn. In Q1, 2024, sales across all regions have either decreased or remained flat, in line with the expected market downturn....








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