While solar-powered light poles may be a bit of a niche market, new advances in photovoltaic collectors and battery technology have smaller players looking to gain market share.
Caterpillar is focusing its CONEXPO presentation on demonstrating a remotely operated dozer and its expanded telematics reporting, but is also dealing with the fallout from a raid by IRS and Commerce Dept. agents of its Peoria, Ill. headquarters on March 2.
The annual parade of heavy iron past the viewing stands at the Ritchie Bros. auction in Orlando, Fla., is often taken as a bellwether for the health of the equipment industry.
After two-years of building up its user base in the lower Midwest, peer-to-peer construction-equipment rental service EquipmentShare recently has secured $26 million in private equity funding.
Construction spending in the U.S. fell by 0.2% in December, to a seasonally adjusted annual rate of $1.18 billion, according to the U.S. Dept. of Commerce’s Census Bureau.