Category: Construction News
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Bobcat Appoints First Ever Chief Marketing Officer
Bobcat Company has appointed Laura Ness Owens as its first Chief Marketing Officer, a new executive role overseeing global marketing, brand, customer experience and corporate communications. Ness Owens has been with the company since 2003, serving in various leadership roles across marketing, communications, dealer development, and brand management. Most recently, she held the position of…
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Bobcat Appoints First Ever Chief Marketing Officer
Bobcat Company has appointed Laura Ness Owens as its first Chief Marketing Officer, a new executive role overseeing global marketing, brand, customer experience and corporate communications. Ness Owens has been with the company since 2003, serving in various leadership roles across marketing, communications, dealer development, and brand management. Most recently, she held the position of…
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Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
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Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
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DOGE Reforms Trigger Surge in Federal Construction Contract Terminations
The Department of Government Efficiency (DOGE) has launched sweeping reforms aimed at eliminating waste, streamlining procurement and reallocating federal funds away from underperforming or redundant programs. While DOGE’s mission focuses on government operations, government contractors – including in the construction industry – are feeling the ripple effects of the department’s actions. One of the most…
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Industrial Construction Drops 63% Across Largest U.S. Markets
The industrial real estate market across the U.S. is entering a new phase of balance after years of explosive growth. According to Colliers, the 25 largest U.S. industrial markets now account for 76% of the country’s total industrial inventory, continuing to drive national trends despite a notable slowdown in construction and leasing activity. Supply Shrinks,…
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Concrete Repair Mortars Market to Reach $6.5 Billion by 2034 Amid Rising Infrastructure Demand
Concrete remains one of the most widely used construction materials worldwide, but even the most robust structures are subject to damage over time. Concrete repair mortars offer a practical solution for restoring worn or damaged concrete surfaces. This article explores what these materials are, their common types, applications and why they’re increasingly important in construction and…
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Volvo and Daimler Launch Coretura for Truck Software Platform
Volvo Group and Daimler Truck have officially launched Coretura AB, a joint venture focused on developing a standardized software-defined vehicle platform for the commercial vehicle industry. The new company, based in Gothenburg, Sweden, aims to support future digital applications across trucks and buses by separating core software infrastructure from brand-specific features. The venture follows binding…