US Fed holds rates steady as construction prices rise
The decision, announced following the Federal Open Market Committee’s latest meeting, was expected by most analysts. The announcement involved some historic intrigue, however, as two Fed governors, Christopher Waller and Michelle Bowman, dissented in favour of lowering rates; a rare move that suggests some division among officials of the central bank. In its statement, the […]
Samoter launches operator training initiative
Veronafiere, organiser of the Samoter exhibition, is launching Samoter Academy, a collaboration with non-profit foundation Engim Veneto and equipment manufacturers to promote training and skills development in the construction equipment industry. The initiative will be established after the next Samoter show, which takes place in Verona, Italy, on 6 to 9 May 2026, and aims […]
JCB on how to beat the skilled labor shortage
What does it take to cultivate the next generation of skilled talent in the access, rental and manufacturing industries? JCB’s Early Career Development Manager Chastity Williams-Lasley will address just that when she takes the stage on Oct. 16 to present at the Working at Height Conference & Awards in Nashville. In her session “Built to […]
LiuGong outlines BEV roadmap and UK expansion
LiuGong has confirmed plans to launch 10 new electric construction machines for Europe by 2026, including its first electric skid steer loaders, reach stackers and forklifts, as part of a broader roadmap to cover 85% of total industry volume by 2030. The update was shared at the company’s Zero Boundaries: LiuGong BEV Experience event in […]
LiuGong outlines BEV roadmap and UK expansion
LiuGong has confirmed plans to launch 10 new electric construction machines for Europe by 2026, including its first electric skid steer loaders, reach stackers and forklifts, as part of a broader roadmap to cover 85% of total industry volume by 2030. The update was shared at the company’s Zero Boundaries: LiuGong BEV Experience event in […]
Home Depot expands product distribution with $5.5bn deal
The Home Depot in the US is to acquire building products distributor GMS Inc for US$5.5 billion, including net debt. The deal is being made through Home Depot’s trade subsidiary SRS Distribution and will further expand its position supplying building products to professional customers. SRS, which was acquired by Home Depot in 2024, has 800 […]