CEMEX Ventures released its Top 50 ConTech Startups 2023. CEMEX Ventures is the Corporate Venture Capital arm of CEMEX that invests in construction technology (ConTech) companies.
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Trimble Acquires Ryvit
Trimble has acquired Ryvit, an integration Platform-as-a-Service (iPaaS) provider for the construction industry. Launched in 2016, Ryvit builds connections between commonly used applications and data sources, enabling information sharing both within and across organizations so that project teams can use the right information to make the right decisions at the right time.
Read MoreConstruction Spending Up Slightly for Month; Significantly for Year
According to the U.S. Census Bureau, construction spending during November 2022 was estimated at a seasonally adjusted annual rate of $1,807.5 billion, 0.2% (±0.8%) above the revised October estimate of $1,803.2 billion. The November figure is 8.5% (±1.3%) above the November 2021 estimate of $1,665.2 billion.
Read MoreDodge Momentum Index Rises for Third Consecutive Month
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 3.8% (2000=100) in November to 207.2 from the revised October reading of 199.6. During the month, the DMI continued its steady ascent, with the commercial component rising 4.3%, and the institutional component ticking up 2.7%.
Read MoreConstruction Spending Declines in October
Construction spending during October 2022 was estimated at a seasonally adjusted annual rate of $1,794.9 billion, 0.3% (±1.2%) below the revised September estimate of $1,800.1 billion. The October figure is 9.2% (±1.5%) above the October 2021 estimate of $1,644.3 billion, according to the U.S. Census Bureau.
Read MoreHillhead 2024 Dates Announced
Oct. 31, 2022 – The next edition of the iconic UK quarrying, construction and recycling exhibition will take place from June 24-27, 2024, at Hillhead Quarry, Buxton, England. Hillhead returned with a bang earlier this year as The QMJ Group celebrated the show’s 40th anniversary over three gloriously sunny days in June. Exhibitors and visitors took the opportunity to reconnect…
Read MoreConstruction Starts Tumble in September; Up Year-to-Date
Total construction starts decreased 19% in September to a seasonally adjusted annual rate of $1.02 trillion, according to Dodge Construction Network. In September, nonresidential building starts dropped 23%, residential starts fell 11%, and nonbuilding starts declined by 25%. Highway and bridge starts dropped 31%. Year-to-date, total construction was 16% higher in the first nine months of 2022 compared to the…
Read MoreDodge Releases Third-Quarter Report
The Dodge Construction Network released its Quarterly Report for the third quarter of 2022. Informed by the latest data, insights and analytical commentary from the company’s economic and technological experts, the report highlights trends in the construction industry and provides analysis on what to expect on the road ahead.
Read MoreMartin Marietta Project Helps Virginia Quarry Meet Demand
The factors are nearly too many to name, said Chris Meyers, plant manager at Martin Marietta’s Anderson Creek Quarry in Rockville, Va., in regards to increased demand in the region.
Read MoreConstruction Spending Slips in August
Total construction spending during August 2022 was estimated at a seasonally adjusted annual rate of $1,781.3 billion, 0.7% (±1.0%) below the revised July estimate of $1,793.5 billion. The August figure is 8.5% (±1.6%) above the August 2021 estimate of $1,641.6 billion, according to the The U.S. Census Bureau. During the first eight months of this year, construction spending amounted to $1,183.8…
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