HOUSTON, TX — Bennett Family of Companies (Bennett) announces the grand opening of its new location in Dayton, Texas. This strategic expansion enhances Bennett’s presence in the Gulf Coast region and houses Bennett On-Site Services, LLC dba BOSS, BOSS Heavy Haul, LLC, and Bennett Motor Express, LLC, under …

It has been over a year since the commercial real estate debt maturity scare ensued in the wake of several bank failures in March 2023. While commercial real estate (CRE) losses in 2023 were not nearly as dire as expected, concerns persist as nearly $650 billion of CRE debt is …

LAREDO, TX — ARCO/Murray (ARCO), a national design-build construction company, announces the opening of its newest office in Laredo, Texas. With over 30 years of industry experience and offices in over 40 markets nationwide, ARCO continues its rapid expansion to meet the growing demand for industrial development in the region. …

AMARILLO, TX — H&E Rentals (H&E) announces the opening of its branch in Amarillo, Texas, the company’s 30th location in the state. H&E has opened 25 new branches across the country and acquired nine others since the second quarter of last year, and it has operations in 32 states.

The …

LUFKIN, TX — H&E Rentals (H&E) announces the opening of its branch in Lufkin, Texas, the company’s 31st location in the Lone Star State and its ninth Texas branch added in the past two years. H&E now operates in 32 states, and it has opened 26 new branches across the …

SHERMAN, TX — SitePro Rentals announces the recent opening of a new facility in Sherman, Texas, giving the rental company a stronger presence in the growing North Texas market. The 17,000-square-foot, nearly 3-acre facility is SitePro’s 19th rental branch to date and 13th location in the Lone Star State.

The …

Joe Carroll and Danny Carroll Jr. never thought about doing anything other than joining the business their father, Danny Carroll Sr., founded in 1990. Both grew up working with their dad every chance they could as he built Danny’s Asphalt Paving Inc. into one of the Permian Basin’s top …

The commercial construction and real estate sectors continue to adapt to workforce trends, as property owners working through office vacancies now face mounting debt maturities and a need for fresh capital to fund loan workouts that banks are offering. As market conditions evolve, lessees and lessors of commercial properties may …

HOUSTON, TX — Lockwood, Andrews & Newnam Inc. (LAN) announces the opening of its new headquarters in Houston, Texas. The new office will support the firm’s 20 percent growth rate in the Houston office.

LAN's new headquarters, situated in a 42,100-square-foot building, recently opened. The office features executive conferencing, soundproof …

JACKSONVILLE, FL — HD Hyundai Construction Equipment North America and National Equipment Dealers (NED) announce a five-year distribution agreement to accelerate Hyundai’s North American market coverage and growth initiatives while expanding NED’s dealership territory coverage.

NED CEO Zack Kavanaugh and President & COO Jesse Beasley recently visited Hyundai’s top executive …

Revising your business strategy is an opportunity to innovate and explore new ventures, setting the stage for growth and diversification. Your strategic pivot can create a resilient and forward-thinking enterprise that responds to the needs of both customers and employees.

Here are five aspects to keep in mind as you …

IRVING, TX — Heidelberg Materials North America announces that it has acquired all assets of Aaron Materials, a concrete recycler and materials producer in the Corpus Christi, Texas, area. The operations include concrete crushing, stabilized materials, and a volumetric concrete business.

“The acquisition of Aaron Materials further strengthens our …

AUSTIN, TX — HNTB recently celebrated its new Austin office with an open house for employees, clients, partners, and local officials. Among the attendees was Mayor Kirk Watson, who took the opportunity to commend HNTB on its 110-year journey, underscoring the firm’s contributions and impact it has made on the …

DALLAS, TX — MMC Corp announces that its companies — MW Builders, the MMC Contractors entities, and BCS — are uniting around the new brand name Cerris. MMC Corp will become Cerris. MW Builders will rebrand to become Cerris Builders. The MMC Contractors entities and BCS are each …

DALLAS, TX — SitePro Rentals announces the recent opening of a new facility in Houston, Texas, giving the rental company a larger, more centralized location for the growing market. The 38,000-square-foot facility on over seven acres is SitePro’s largest facility to date and will service equipment rental customers in the …

A sustained business expansion characterized by historically low unemployment, strong household consumption, and robust business revenues continued to provide a tailwind for the American real economy in the second quarter.

The proprietary RSM US Middle Market Business Index (MMBI) rose to 132 in the quarter from 130.7 in the prior …

BUDA, TX — Vermeer Texas-Louisiana, the authorized dealer for Vermeer construction equipment in Texas, and Compact Construction Equipment, LLC, the authorized Bobcat dealer in south, central, and west Texas, have opened a new, co-branded facility in Buda, Texas.

Located on just under five acres directly off of Interstate …

DALLAS, TX — SitePro Rentals announces the opening of a new branch in Aubrey, Texas (near Denton). The 9,700-square-foot, five-acre facility will serve customers in the greater North Texas market. The new location will be managed by Kevin Corley, a nearly 25-year veteran of the equipment rental industry.
“The …

DENTON, TX — H&E Rentals (H&E) announces the opening of its Denton branch, the seventh general rental location in the Dallas-Fort Worth metro area. Since this time last year, H&E has opened 17 new branches across the country — six of them in Texas — and acquired nine others. The …

It has been over a year since the commercial real estate debt maturity scare ensued in the wake of several bank failures in March 2023. While CRE losses in 2023 were not nearly as dire as expected, concerns persist as nearly $650 billion of CRE debt is set to mature …

LUBBOCK, TX — Associated Supply Company, Inc., (ASCO), a provider of construction, agriculture, and material handling equipment, announces that it has joined the distributor network for Vacall jetting and vacuum machines in 130 counties primarily in eastern, western, and south Texas, as well as the state of New Mexico. …

When a privately held provider of construction management and general contracting services set forth their next-generation technology strategy, they needed a strategic advisor with the skills, resources, and industry experience to understand the full enterprise of a construction firm.

The company’s incoming Chief Financial Officer had a vision to “create …

AUSTIN, TX — Western Specialty Contractors announces the opening of a new Austin, Texas, branch and the promotion of Aaron Williams as Branch Manager.

In his new role as Branch Manager, Williams is responsible for overseeing sales, daily operations, and field personnel at the new branch, plus developing new projects …

FORT WORTH, TX — Fort Worth Mayor Mattie Parker and members of the Fort Worth Chamber of Commerce joined Burns & McDonnell leadership at a ribbon-cutting and open house to celebrate the company’s growth and showcase its new office space in downtown Fort Worth.

Since opening its first Fort Worth …

HOUSTON, TX — SitePro Rentals announces the opening of a new branch location in Dayton, Texas, giving the equipment rental company a larger footprint to better support the greater Houston market. The 9,200-square-foot facility on nearly six acres is SitePro’s 17th location opened to date and its 12th in Texas. …

Given the structural changes to the domestic economy, one would expect pricing to be a top concern. Indeed, 73 percent of executives said they paid higher prices for goods and services, while 68 percent expect to do so going forward. As such, 48 percent said they passed along those higher …

DENVER, CO — Thompson Pump announces its newest partnership with Wagner Rents, The Cat Rental Store, making Wagner the exclusive, authorized distributor of Thompson Pump and Manufacturing Company’s dewatering and bypass pumps, equipment, and services for all of Colorado, New Mexico, and El Paso, Texas.

“Pumps are a growing …

The U.S. economy proved resilient following a sluggish close to 2023. At its final meeting last year, the Federal Reserve signaled rate cuts of at least 75 basis points in 2024, which will likely provide conditions for the U.S. Treasury yield curve to normalize.

But will rate cuts be enough …

HOUSTON, TX — Bennett On-Site Services, LLC dba BOSS Crane & Rigging and its wholly owned subsidiary, BOSS Heavy Haul, LLC, announce the expansion of its heavy haul fleet, expertise, and capabilities under BOSS Heavy Haul. The acquisition includes additional over-the-road super heavy haul transport equipment, along with experienced …

SAN ANTONIO, TX — Kardie Equipment/TGM Wind Services, a HOLT Group operating company, is now HOLT Aerial. The company, which was acquired by HOLT Group in 2022, offers aerial work platforms used to work at heights of up to 341 feet.

Enterprises across various industries, such …

AUSTIN, TX — The ProLift Rigging Company, a supplier of solutions-based industrial construction services, announces the launch of a new branch in Texas, serving the greater Austin-San Antonio metropolitan region and its surrounding areas. The new establishment features a comprehensive office and operations facility spanning 228,000 square feet for …

SAN ANGELO, TX — H&E Rentals (H&E) announces the opening of its San Angelo branch, the 26th rental equipment location in the state of Texas. Since this time last year, H&E has opened 15 new branches across the country, five of which are in the Lone Star State. The facility …

SHREVEPORT, LA — SitePro Rentals announces the opening of their latest branch in Shreveport, Louisiana. The nearly 8,000-square-foot facility on over three acres of land, will service construction professionals in northern Louisiana and eastern Texas.
“This location will help us connect our branch network in Texas and Louisiana with our …

Financial markets had a difficult start to the year after an exuberant end to last year.

The yield on 10-year Treasury bills dropped from 5 percent to 3.8 percent to end the year, as investors priced in an early start for monetary policy easing.

Now, as the Federal Reserve signals …

AUSTIN, TX — HNTB Corporation announces the relocation of its Austin office to a more expansive and dynamic space. This strategic decision aligns with the company’s ongoing expansion efforts to meet the increasing demand for infrastructure solutions.

The new office at Indeed Tower offers optimal accessibility for employees, clients, and …

AUSTIN, TX — Meade Engineering, an engineering firm specializing in electrical infrastructure design for mission-critical facilities, opened its new office in Austin, Texas. This expansion positions Meade Engineering to better serve clients in Texas and beyond. The new office is on the fifth floor of the Cielo Center building …

HOUSTON, TX — Orion Group Holdings, Inc., a specialty construction company, announces the rebranding of its subsidiary TAS Concrete Construction (TAS) as Orion. This move reflects the company's strategic initiative to integrate its different service offerings under one banner to leverage Orion’s brand reputation and to deliver greater value …

DALLAS, TX — SitePro Rentals announces the opening of a new branch in Haltom City, Texas. The 12,500-square-foot facility on three acres will service customers in the greater Fort Worth area. The new location will be managed by Grady White.
“This branch will help us connect our branch network …

PFLUGERVILLE, TX — Peinado Construction, a Texas-based specialized industrial and commercial construction services firm, announces the commitment to its ongoing services throughout Central Texas with the opening of an office in Greater Austin, which will be led by Ed Motley, Executive Vice President.

Located just north of downtown …

Women are incrementally gaining in the commercial real estate (CRE) ranks, which has historically lagged other industries in the move to gender parity. Accelerating the trend toward greater female representation can help jumpstart innovation at a time when the industry faces challenges ranging from slower deal flow to major shifts …

LEWISVILLE, TX — Primoris Services Corporation (Primoris) announces it has opened a new office in Lewisville, Texas. The space, which is replacing its Lewisville office on South Stemmons Freeway, is 43,000 square feet, more than doubling Primoris’ footprint in Lewisville. The office will serve as the company’s shared services hub …

CONROE, TX — H&E Equipment Services Inc. (H&E) announces the opening of its Conroe branch, its fifth rental location in the greater Houston market and the 25th in the state of Texas. Since the beginning of the second quarter of 2023, H&E has opened 14 new branches across the country, …

Reflecting the strong expansion and rising productivity in the American economy, the RSM US Middle Market Business Index (MMBI) increased to 132.9 in the fourth quarter, up from 129.6 in the previous period.

The index move, on top of 4.9 percent pace of growth in the third quarter, bolstered by …

DALLAS, TX — Grace Hebert Curtis Architects (GHC), an architecture, engineering, and construction (AEC) firm, announces it has acquired Hahnfeld Hoffer Stanford (HHS), one of the largest independent architecture firms in the Dallas-Fort Worth region.

Since 1963, HHS has provided architecture, master planning, and interior design services, including building information …

MARION, TX — Compact Construction Equipment, LLC the authorized Bobcat equipment dealer in south, central, and west Texas recently celebrated the grand opening of their new Bobcat of Marion branch.

Attendees at the grand opening were invited to tour the facility, check out the newest Bobcat equipment, and enjoy a …

TEXARKANA, TX — H&E Equipment Services Inc. (H&E) announces the opening of its Texarkana branch. The location on the Texas-Arkansas line makes it the company’s 24th rental location in the state of Texas, but it is the third branch to serve the Arkansas market, primarily in the southwestern area of …

AUSTIN, TX — Level Engineering & Architecture, a provider of civil and structural engineering, architecture, and design, announces the official opening of its new office in Austin, Texas. The Austin office provides engineering and architectural services to Austin and surrounding areas: Round Rock, Cedar Park, Pflugerville, Bastrop, Westlake, Buda, …

AUSTIN, TX — Page Southerland Page, a national multidisciplinary architecture and engineering firm, has acquired DB Structures, a structural engineering group based in Austin, Texas. This strategic addition bolsters Page's structural engineering services and reinforces its comprehensive architectural, engineering, and consulting services for national and international clients.

Page …

AUSTIN, TX — Burns & McDonnell hosted a ribbon-cutting and open house to celebrate its past, present, and future in Texas and to showcase its new office space in Austin. The event included a best practices panel focused on electrification throughout the state hosted by Burns & McDonnell local professionals. …

AUSTIN, TX — Kingham Dalton Wilson, Ltd. (KDW) is expanding its footprint in Central Texas. The opening of its new office in Austin represents a milestone in the strategic growth of the company, whose history dates back to 1895.

KDW’s expansion caters to the growing demand for construction services in …

TYLER, TX — Garver is expanding its footprint in Texas with the opening of an office in downtown Tyler. This expansion establishes a permanent presence for Garver in East Texas, continuing service to regional clients and showcasing the firm’s commitment to local communities.

“One of the key components to Garver’s …

For the past half century, the political economy of the United States has rested upon a foundation of free markets and trade, and a federal government that refrains from picking winners and losers when it comes to domestic investment.

The exceptions to that rule have revolved around national security and …

How do you create an effective safety culture in the workplace when you have an employee base that is so diverse?

It’s an important question for equipment manufacturers to ask and answer, and the latter can’t really be accomplished without a better understanding of what “culture” refers to and how …

The ubiquitous iPhone was first released 16 years ago and has since gone through 38 model upgrades. Until recently, 16 years ago also marked the last time the federal funds rate surpassed 5 percent – highlighting how interest rates have mostly stayed unchanged compared to a rapidly changing world. The …

With the business either proving successful or buoyed by promise, owners can home in on how their professional and personal objectives align, while ensuring the business proceeds according to their wishes.

An exit can take many forms, whether it’s a strategic buyer, employee purchase, a sale to a private equity …

United States economic growth during the first quarter most likely reached 2.35 percent based on our RSM forecast, in contrast with the 2 percent estimated by other sources.

This growth, though, is not likely to last. Given the emerging consensus among other economists that the economy will fall into a …

It doesn’t matter what industry you are in, or how big your company is – the attacks never stop. Cyberthreats are constant, and they include everything from hackers trying to take over your systems through ransomware attacks to scam artists sending phishing emails.

Many companies hire managed service providers (MSPs) …

Facing record-low unemployment, middle market companies have placed even greater emphasis on retaining employees and establishing continuity in a time of frequent change. The pandemic has changed the modern workplace – perhaps permanently – as many organizations adopt remote and hybrid work models. And with trends like “quiet quitting” and …

Digital transformation is not a new concept, but the middle market’s approach to it has shifted. One of the remarkable changes since the beginning of the COVID-19 pandemic has been a reorientation to – and renewed investment in – productivity-enhancing software, equipment, and intellectual property.

Data shows a real, and …

The Great Recession was a once-in-a-generation event that resulted from the global financial crisis of 2007−09, set off by the U.S. housing market crash that sent the construction industry into a downward spiral. It was not apparent then that these events would continue to define the next two business cycles …

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, …

Changes in construction employment are often viewed as an indicator of economic activity. Before a recession, the construction industry typically sheds workers, as developers slow their projects amid a slowing economy.

From this perspective, the October jobs report would seem to represent a peak, as the construction industry added only …

Tax increases and IRS funding commitments in the Inflation Reduction Act of 2022 are intended to affect larger corporations and high-income individuals. However, middle market businesses and their owners who understand how they might be affected can position themselves to take advantage of new credits and incentives, avoid unpleasant income …

AUSTIN, TX — HKS opens a new office in Austin, the firm’s 25th overall. HKS creates and delivers environments of distinction through architectural, planning, interior design, research, and commitment to ESG (environmental, social, and governance). Since 1981, HKS has been a part of designing more than 200 Austin-based projects including …

It has been a year since inflation in the United States started to become a dominant economic issue. Now, with rising prices proving to be stickier than expected, business leaders have been facing a challenge – how to set prices in a highly inflationary environment.

In many industries that are …

The national infrastructure bill translates into plenty of expected opportunities for contractors to win bids on government contracts. This is true even for contractors who have only worked commercial jobs.

“One thing is for sure, this infrastructure bill is going to create huge opportunities for companies in the construction ecosystem …

AUSTIN, TX — Martin Marietta Materials, Inc. announces that it has entered into a definitive agreement to sell its Colorado and Central Texas ready mixed concrete operations to Smyrna Ready Mix Concrete LLC.

“As we have previously stated and consistent with our SOAR (Strategic Operating Analysis and Review) 2025 …

COLLEGE STATION, TX — G-CON Manufacturing, Inc. acquires Plasteurop, a France-based manufacturer of critical cleanroom components. Plasteurop's core competence is the automated production of monolithic cleanroom wall panels and doors. These components are used in a variety of industries with stringent standards for cleanliness and quality. Plasteurop was founded …

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 …

MANSFIELD, TX — Mansfield Texas-based Ramtech Building Systems, a company that focuses on design-build modular construction for relocatable and permanent structures, announces that the company is celebrating its 40th anniversary in the modular building industry. Ramtech is now entering their fifth decade of serving education, health care, commercial, and …

DALLAS, TX — Hoar Construction announces the opening of its newest office in McKinney, Texas, to kick off the 25th anniversary of the firm’s presence in the state. This is the third Texas-based office for Hoar Construction, joining established divisions in Houston and Austin. The North Texas division becomes the …

FORT WORTH, TX — National civil engineering and surveying firm Manhard Consulting has opened a new office in Fort Worth, Texas. The firm’s newest location, its 10th office nationwide and third office in Texas, is managed by new hire Jonathan Russell.

Formerly Engagement Manager at Dunaway Associates, Russell brings …

HOUSTON, TX — Multidiscipline engineering firm Coffman Engineers, Inc. (Coffman) announces the opening of its Houston, Texas, office in The Woodlands, Texas. The new location allows the firm to support clients in the industrial, oil & gas, health care, federal/military, higher education, hospitality, and energy markets.

Coffman's second Texas office …

AUSTIN, TX — Billd, a provider of material financing and other payment solutions for commercial subcontractors, has solidified its growing portfolio Intellectual Property (IP) through Patents and Trade Secrets through collaboration with ipCapital Group Inc., an intellectual property strategy consulting firm. The company will leverage its patent portfolio for …

DALLAS, TX — ISN, a company focusing on contractor management services, announces an expanded partnership with the National Center for Construction Education and Research (NCCER). This partnership will provide access to NCCER's pipeline training through ISNetworld's Learning Management System (LMS) tool beginning in April, with new courses being added …

PLANO, TX — Think Power Solutions, an infrastructure management solutions provider, announces the spin-off of KYRO. KYRO is a software solution that provides collaboration, data gathering, and analytics specifically designed to support field service employees and workflows in mission critical infrastructure industries such as utilities, telecom, and construction. KYRO's …

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. …

When is a crisis not considered a crisis? The ongoing and evolving COVID-19 pandemic has put organization and corporate leaders in a constant state of crisis management. Just when we think we’ve rounded a corner and things are getting “back to normal” at work, a new variant emerges and we’re …

Imagine a multimillion dollar construction project that was so large it had its own accounting department. This system appeared to work until the 18-month project was complete and the owners found that a number of line items had gone over budget. This prompted an internal investigation to understand where things …

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 …

AUSTIN, TX — Leslie Doggett Industries, one of the largest family-owned businesses in Houston, expanded its footprint in the Austin region with new dealership acquisitions adding over $120 million in annual sales to Doggett’s revenues approaching $2 billion.

Through its heavy duty truck division, Doggett acquired dealerships for Freightliner …

Last fall, President Biden signed a $1.2 trillion infrastructure package – the Infrastructure Investment and Jobs Act – providing historic funding levels to improve public works, including roads, bridges, highways, internet access and the power grid, as well as to mitigate the effects of climate change. The bill does not …

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 …

DALLAS, TX — Primoris Services Corporation announces two heavy civil awards with a combined value of more than $32 million. The projects, secured by the company’s Energy/Renewables Segment, were awarded by the Texas Department of Transportation.

The first project involves construction of a section of highway SL 121 in …

FT. WORTH, TX — Dunaway, a multi-discipline design and engineering firm, is celebrating its 65th year. Amid leadership transitions, acquisitions, and expansions the Fort Worth-based company marked its 65th anniversary as one of growth.

Earlier this year Dunaway named Chris Wilde as its new CEO, taking the helm from …

HOUSTON, TX — The Shaw Group announces the completed acquisition of Chemex Global Inc., an engineering, procurement, fabrication, and project management company specialized in modular and conventional refinery and energy projects.

This acquisition represents a strategic combination of complementary capabilities and significantly expands The Shaw Group’s credentials in modular …

RESTON, VA — Bowman Consulting Group Ltd. announces it has entered into a definitive purchase agreement for the acquisition of Terra Associates, Inc. (“Terra”).

Headquartered in Houston, Texas, Terra delivers civil design and engineering solutions to clients focused on traffic and transportation planning, water-wastewater solutions, landscape and irrigation systems, office …

RESTON, VA — Bowman Consulting Group Ltd. announces the acquisition of 1519 Surveying, LLC. Established in 1974 and headquartered in Waco, Texas, 1519 delivers a variety of engineering and survey solutions to a diverse base of private and public clients. Services include land surveying, aerial imaging, GIS mapping, 3-D …

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 …