Caterpillar, a prominent heavy equipment manufacturer, has reported a 4% decline in revenue year over year in its third-quarter earnings for 2024. This revenue dip is primarily attributed to reduced construction demand in key markets such as North America and Europe. Within its Construction
The construction and earthmoving equipment market experienced a significant downturn in September, with retail sales falling to just over 2,400 units, marking an almost 15% decline from the same month last year. This sluggish performance has carried over into the third quarter, culminating in a
As industries continue to evolve at a rapid pace, commercial real estate (CRE) and retail leaders are increasingly recognizing the critical need to adapt to new technological advancements. According to a comprehensive 2023 study by Forrester Consulting commissioned by Johnson Controls, smart
BiltOn, previously known as Beti, has made significant strides in construction operations and risk management software, recently securing an impressive $15 million in a Series B funding round. This significant capital infusion was led by the investment firm PSG Equity and supported by Titan Capital
Rock Solid Attachments (RSA), a new value brand under the Berlon Holdings umbrella, recently made its market debut, targeting prosumers, enthusiasts, and DIYers. The brand focuses on creating middle-ground attachments that bridge the gap between inexpensive and commercial-grade options. Their first
Sustainable architecture is no longer a niche; it has become a fundamental approach to building design and construction. As we grapple with the pressing challenges of climate change and resource management, innovative tools like building energy simulations are crucial. These technologies help
