How Tariffs And Market Volatility Shake Up Construction. By Barry Hudson and Chris Summers The world of construction is built on a foundation of, well, rocks. Specifically, construction aggregates: crushed stone, sand and gravel. These seemingly humble materials form the backbone of everything from roads and bridges to homes and skyscrapers. But what happens when the cost of these essential…
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Breedon Acquires Lionmark for $238 Million
Breedon Group plc announced the acquisition of Lionmark Construction Companies LLC for an enterprise value of $238 million. Lionmark Construction Companies, located in St. Louis, is one of Missouri’s largest and most diversified privately held companies. Its family of companies has been providing construction and material services for infrastructure projects throughout the Midwest since 1932 and continues to be an innovative,…
Read MoreSoil Connect Secures Funding, Launches New Products
Soil Connect, the dirt marketplace and dirt service provider for the construction and soil industry, announced several major milestones. These advancements highlight the company’s commitment to innovation, customer success and market leadership. Soil Connect has successfully raised new funding, enabling the company to accelerate the development of its products and expand its market presence. This investment, led by Heartland Ventures, with…
Read MoreRock Products Talks Tech With Bulk Exchange
Bulk Exchange, the industry’s source for bulk materials, announced it has appointed Bryan Stolle to its board of directors. Stolle is a former successful entrepreneur and company builder, as well as a founding partner of Wildcat Venture Partners where he invests in SaaS, fintech and other technology focuses fundamental to Bulk Exchange. “I was immediately drawn to Bulk Exchange because…
Read MoreABC Looks at AI
Oct. 9, 2024 – The rapid advancement of artificial intelligence represents a new technological paradigm for the construction industry, with global leading solutions and companies in construction focused on helping the people who build our infrastructure, according to Matt Abeles, vice president, construction technology and innovation, Associated Builders and Contractors (ABC). “The last three tech reports have focused on construction-specific technologies,…
Read MoreConstruction Employment Spikes in September; 25,000 Jobs Added
The construction industry added 25,000 jobs on net in September, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment is up by 238,000 jobs, an increase of 3.0%. Nonresidential construction employment increased by 17,900 positions on net, with growth in two of the three…
Read MoreWerk-Brau Golf Classic Raises Money for Construction Angels
It was a great day for golf and networking at the second annual Werk-Brau Golf Classic to benefit Construction Angels held recently on the Scarlet Course at the Ohio State University Golf Club. The event raised over $100,000 to aid families of fallen construction workers in Ohio. The sold-out field of 36 foursomes included contractors across the state – from…
Read MoreCDE to Commission Second Wash Plant in Texas for Resolve Aggregates
Since partnering with washing experts CDE in 2015, Resolve Aggregates has met production objectives at one site, relocated to grow and maximize opportunities on another, and expanded its wash plant to explore new markets. Now, the sand and gravel company is investing in its second CDE plant for a new greenfield site in Fannin County, Texas. Resolve Aggregates has been…
Read MoreARTBA Advocates for Apprenticeship Program
American Road and Transportation Builders Association (ARTBA) member Nick DiBartolo, vice president at Rogers Group Inc., and Prianka Sharma, ARTBA vice president and counsel for regulatory affairs, met July 16 with the White House Office of Information and Regulatory Affairs (OIRA) to discuss the Department of Labor (DOL)’s final rule on the National Apprenticeship Program. John Ladd, administrator of DOL’s…
Read MoreTeleo Named One of Fast Company’s World’s Most Innovative Companies
Teleo, a company building autonomous technology for heavy construction equipment, announced it has made Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024. Teleo has been ranked in the top 10 for the most innovative robotics companies. The company earned the honor based on introducing Supervised Autonomy, its proprietary blend of autonomy and long-range remote operations, for…
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