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
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
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.
Since its founding in 2002 by visionary CEO Craig "Tooey" Courtemanche, Procore Technologies has revolutionized the construction industry with cutting-edge project management software. Initially focusing on streamlining complex processes and enhancing communication, Procore has grown into
The construction sector is evolving dramatically as more businesses opt to rent rather than purchase equipment. This shift complements a digital overhaul that streamlines workflow efficiency in the industry. Central to this evolution is construction equipment rental software, a tool that
The construction industry, known for its conservative approach to technology, is undergoing a significant shift with the integration of Artificial Intelligence (AI). This change affects all areas of construction, from design and planning stages to operations and project management. AI-driven
