Industry News
Association of Equipment Manufacturers (AEM) president Dennis Slater issued the following statement opposing the continued escalation of trade tensions with China as a result of the Trump administration’s plan to move forward with $200 billion in tariffs on Chinese goods:
CONEXPO-CON/AGG is expanding the 2020 show footprint to include the Las Vegas Festival Grounds, located on the Las Vegas Strip adjacent to the Circus Circus Hotel. Show Management recently conducted a tour of the space for exhibitors and created a video for companies unable to attend.
Change lies ahead for British Columbia’s construction and roadbuilding industries, as a new project labour agreement from the provincial government aims to provide construction workers and contractors with fair wages, job opportunities closer to home and greater access to training and apprenticeships.
Farmers for Free Trade has joined with Americans for Free Trade, a new coalition of the largest retail, manufacturing, technology and services trade organizations, in a multi-million dollar nationwide campaign against tariffs
SMS Equipment Inc. has announced it has signed a dealership agreement with Takeuchi Manufacturing, a global leader in compact equipment.
Caterpillar, Inc. announced that it has entered into a preliminary agreement with Weiler, Inc. to sell the Cat purpose-built forestry business. The sale is subject to negotiation of a final agreement, the closing of which is expected by early 2019.
Screening and crushing industry leader McCloskey International has announced that it has acquired Lippmann-Milwaukee Inc., a privately-held international company that is a leading manufacturer of aggregate crushing equipment for processing applications. The products are sold across the aggregate, mining and recycling industries.
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.

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