Industry News
Volvo Construction Equipment (Volvo CE) officially inaugurated its new global headquarters at Campus Lundby in Gothenburg, Sweden, on Monday Sept. 3. The company is now sharing a building with Volvo Buses – which moved in on the same day – and Volvo Penta. The building is situated close to the Volvo Group headquarters and other Volvo business areas at Campus Lundby. The move will help to facilitate the sharing of resources, best practice and competence, as well as creating even more opportunities for collaboration.
Association of Equipment Manufacturers president Dennis Slater issued the following statement after the United States and Mexico announced a preliminary deal on NAFTA:
The Association of Consulting Engineering Companies - Canada (ACEC) has formally joined the Canadian Chamber of Commerce led Coalition to Keep Trade Free. The decision to join was sparked by uncertainty around future NAFTA negotiations, and an understanding of the impacts U.S. tariffs will have across all engineering sectors and the Canadian economy as a whole.
The PCL family of companies recently named Scott Beckman as PCL Construction Enterprises, Inc.’s director of sustainability.
Canada Infrastructure Bank and CDPQ Infra, a wholly owned subsidiary of Caisse de dépôt et placement du Québec, have reached a business agreement on the investment by Canada Infrastructure Bank in the Réseau express métropolitain project (REM) in Montréal, a 67-km, light rail, high-frequency network with 26 stations.
The Canadian Coalition for Construction Steel (CCCS) is urging the federal government to make an evidence-based decision on any new action on imported steel products, warning changes could create steel shortages for the Canadian construction industry, impact major building projects, and put over 60,000 jobs at risk in the construction sector alone.
Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from June to July 2018.
According to the latest rental revenue forecasts from the American Rental Association (ARA), Canada’s rental revenues are projected to be $5.4 billion in 2018, up 4.4 per cent; and are expected to grow an additional 4.8 per cent in 2019; 4.7 per cent in 2020; 3.8 per cent in 2021 and 2.7 per cent in 2022 to reach $6.159 billion. Canada's construction and industrial segment is expected to make up $4.3 billion. Canada’s construction and industrial segment is expected to make up $4.3 billion of the $5.4 billion in 2018.
CraneWorks, Inc., a top provider of lifting solutions, has named Mike Shavlan director of sales for the U.S. Southern Region. He will have a team of nine reporting to him in a territory covering Alabama, Florida, Louisiana, Mississippi, Texas, and Southern California.
The Association of Equipment Manufacturers (AEM) kicked off a new six-figure, national television and digital ad campaign today, reminding members of Congress and the Trump administration of their promise to fix our nation’s infrastructure. The centerpiece of the campaign is a new 30-second ad, titled “Mission Not Accomplished,” which is running on Fox & Friends, the Sean Hannity Show and Tucker Carlson Tonight in multiple media markets.
Transport Canada recently announced it will invest $7.5 million into a project at the Port of Thunder Bay in Thunder Bay, Ont., that will improve the port’s infrastructure.
Hiab has entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of EUR 50 million. This acquisition means a significant advancement for Hiab's ambition to be the global leader in cranes and the preferred partner for its customers. 
Komatsu America Corp. and Propeller Aero Inc. are partnering to boost the efficiency of construction job sites using drone-powered mapping and analytics software.
The Weir Group PLC (“Weir” or “the Group”) has completed the acquisition of ESCO Corporation (“ESCO”) effective today.
The earth is getting hotter. It’s a fact.

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