With negotiations at impasse over raises and pension benefits in a new contract, employees at the construction equipment manufacturer's U.S. facilities went on strike at midnight on Oct. 14.
A 100-ton hydraulic drill rig tipped over onto the street at the site of the Chicago Transit Authority's $2.1-billion Red/Purple line project. No injuries were reported and the cause of the incident is being investigated.
When the COVID-19 pandemic first hit in early 2020, many fleet managers took a wait-and-see approach, hoping that the year’s construction season would not be lost entirely.
Crane-mounted sensor and jobsite intelligence startup Versatile announced on Sept. 14 that it has secured $80 million in Series B funding. This comes on the heels of a $20 million Series A funding round secured in December 2020.
When looking to buy or sell a piece of construction equipment, options are often limited. There are a few big auction houses, a handful of websites and a local network of dealers, contractors and rental houses that might be interested.
Automating some of the more tedious tasks in construction has been a target of machine learning for years, but the startup TOGAL.AI has zeroed in on one annoying task that has been overlooked.
U.S. firm will acquire factories and intellectual property from Japan-based company in dissolving a joint venture to manufacture and sell its construction equipment in the Americas under the Deere brand.