Our baseline forecast for the American economy next year calls for a mild recession by the second half of the year as the impact of higher interest rates sets in.
For some time, our forecast has included a 65% probability of recession over the next 12 months. Next year, we …

WESTMINSTER, Colo. —Trimble (NASDAQ: TRMB) announced that the company has changed its headquarters from Sunnyvale, California to Westminster, Colorado.

Westminster is Trimble’s largest employment center in the U.S. and serves as a central business hub for several of Trimble’s core market segments including agriculture, construction and geospatial. In addition, …

IRVING, TX — Lehigh Hanson, Inc. announces that it has acquired all assets of Meriwether Ready Mix. These assets include four ready mixed concrete plants and a fleet of mixer trucks. Formed in 2005, Meriwether Ready Mix is a producer of ready mixed concrete with a well-established residential and …

RIDGEWAY, SC — BOMAG Americas, Inc. and Linder Industrial Machinery announce their cooperation for the sale and support of BOMAG compaction, milling, paving, and reclaiming/stabilizing equipment for roadbuilding and other construction market segments throughout North Carolina, South Carolina, and most of Florida.

The collaboration will bring together two companies with …

ATLANTA, GA — Superior Rigging & Erecting, a crane, rigging, and erecting company with locations in Atlanta, Georgia, and Orlando, Florida, looked back on 70 years of business in their recent anniversary conference. Nick Saban, Head Coach of the University of Alabama football team, spoke at the event in …

NORCROSS, GA — At an event held in conjunction with this year’s Associated Equipment Distributors meeting, Hyundai Construction Equipment Americas, Inc., recognized NED (National Equipment Dealers) as its top dealer of 2021.

NED, through the recent merger of Four Seasons Equipment, May Heavy Equipment, Rob’s Hydraulics Inc. …

KNOXVILLE, TN — Power Equipment, a member of the Bramco family of companies, announces the promotion of Andy Moon to President following the retirement of Chris Gaylor at the end of February 2022. This promotion is effective, March 1, 2022. In his new role, Moon will continue to lead …

Many of the most famous structures of ancient times were constructed from a material we often think of us as modern. The workers who built them needed a material that could be shaped into blocks and other forms more easily than carving from stone. Finally, someone concocted a mixture of …

ASHLAND, WI — Kinperium Industries (Kinperium) announces it has acquired K.A. Group, consisting of K-Tec Earthmovers (K-Tec) and Ashland Industries (Ashland). Kinperium partnered with the owners and management of K-Tec and Ashland to acquire a majority stake of the company. K-Tec & Ashland are manufacturers of pull-pan earthmoving scrapers …

Companies develop safety programs for reasons that may seem obvious: they want to prevent injuries of all kinds, so workers don’t suffer the physical effects and both workers and companies don’t endure negative financial or operational impacts. In addition, safety programs can also minimize the potential for damage to facilities …

From his early working years, George Rembos has had a passion to build his business from the ground up in the tropics of South Florida. Being in an environment he’s passionate about assisted in the creation of Rocket Land Development, which started in 2011.

Rocket Land Development is a …

The future is looking bright for the construction industry, with project pipelines full and the promise of infrastructure spending infusing the industry with confidence and optimism. But as we face another year of supply chain issues and crippling workforce shortages, it’s possible that our industry’s biggest challenge could be too …