Sumitomo Corporation has strengthened its foothold in the U.S. construction equipment market with its subsidiary, Sunstate Equipment Co., acquiring Trench Shore Rentals, Inc. (TSR), a firm specialized in renting trench safety gear. This move highlights Sumitomo's strategy to tap into the expanding
As the construction industry gears up for Intermat 2024, scheduled for April 24-27 at Paris's Parc des Expositions de Villepinte, there's a palpable sense of anticipation for what is set to be a pivotal event. Rescheduled due to the pandemic, the expo represents an important milestone as over
During the pandemic, the construction equipment industry saw a surge in demand, driven by government stimulus measures. This boom resulted in a peak of 1.34 million units sold in 2021. However, the sector is currently experiencing a transition towards normalization and a focus on sustainability.
