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Business: Page 9

Roadbuilding
NCDOT Awards $337M Contract for Expanding Interstate 85
A new lane will be added in each direction to bring I-85 to eight lanes with a 26-foot median.
July 25, 2025
A rendering of a future section of I-85 in North Carolina. Construction is expected to start next summer and finish in 2029.
Roadbuilding
NCDOT to Mine Rock from National Forest for Rebuilding Hurricane-Damaged I-40
Rock will be extracted from a 33-acre site in the Pisgah National Forest for repairing a section washed out by Hurricane Helene.
July 24, 2025
After being heavily damaged by Hurricane Helene in September 2024, I-40 in North Carolina partially reopened in March.
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February 1, 2026
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Contractor of the Year
How Matt’s Underground Built a Midwest Powerhouse in Pipe Fusion and Excavation
An early introduction to the art of pipe fusion helped Matt Bennett of Matt's Underground become a nationally known contractor.
July 23, 2025
Matt Bennett, seen here, founded Matt's Underground in 2009.
Business
Volvo CE Reports More Declines in North American Net Sales, Deliveries
North American net sales fell 24.3% to $554 million in the second quarter.
July 23, 2025
Volvo's second-quarter deliveries of construction equipment in North America were down 15%.
Business
Cat’s Engine, Turbine Sales Surpass its Construction Equipment Segment
Energy & Transportation exceeded Construction Industries in revenue in 2023 and has continued to grow into Cat's largest business.
July 22, 2025
Caterpillar CEO Joe Creed, left, tours the company's Large Engine Center in Lafayette, Indiana, which is undergoing a $725 million expansion to meet growing energy demand for the tech industry's AI and cloud computing needs.
Business
Ritchie Bros. Acquires J.M. Wood Auction in $235M Deal
Founded in 1973 and still led by the Wood family, J.M. Wood primarily focuses on commercial construction and transportation assets.
July 22, 2025
J.M. Wood will continue to operate as its own business entity.
Safety
Worker Death Leads Iowa DOT to Deploy One-Person Pothole Patcher
After an employee was killed in a work zone, IDOT bought the Cimline Durapatcher for one worker to perform the patching process from the cab.
July 21, 2025
After an employee was killed in a work zone, IDOT bought the Cimline Durapatcher so one worker can perform the entire pothole patching process from inside the cab.
Safety
3 Workers Die After Run Over by Construction Equipment in Pa., N.Y., Miss.
The three separate incidents July 8-15 involved a tandem-drum roller, a skid steer and a water truck, respectively, crushing workers.
July 18, 2025
Construction Accident Getty Images
Contractor of the Year
From One Paycheck to a Booming Business: Inside the Rise of Diversified Underground
Helena and Richard Chuapoco lived off one income while saving the other to start Diversified Underground, a Contractor of the Year finalist.
July 16, 2025
Diversified Underground Thumb
Roadbuilding
Trump Backs $10B Autonomous Freight Corridor Between U.S. and Mexico
Green Corridors plans to break ground in 36 months and estimates operations will begin in 2031.
July 16, 2025
The project promises reduced commercial wait times at the border and 24/7 commercial traffic.
Business
Alamo Group Acquires Vacuum Excavation Manufacturer Ring-O-Matic
The addition will complement Alamo's existing brands, Super Products and VacAll.
July 16, 2025
1600vx Truck Roadside Cob
Contractor of the Year
This S.C. Contractor Wins at Low-Bid Contracts with Efficiency & Speed
"In order to be low bid, you’ve got to get out here and figure out how to get it done quicker than the competition and more efficient.”
July 14, 2025
Lindler's Construction has grown to handle large interstate work like the I-26 widening in Lexington and Calhoun counties where it is a subcontractor for CR Jackson.
Business
Develon North America Appoints New CEO Following Parent Company Merger
Kim has spent the last three years in executive positions at Develon North America.
July 14, 2025
Kim recently led the opening of Develon’s North American Customer Utilization Plant in Savannah, Georgia.
Roadbuilding
Acrow Superprops Support I-10 Bridge Project in New Mexico
The high-strength steel shores were used to support bridges on the interstate construction project.
July 10, 2025
In a horizontal configuration, Superprop shores can also function as a truss support system.
Safety
31 Construction Workers Escape L.A. Tunnel Collapse
The partial cave-in brought down a 12- to 15-foot-tall pile of loose soil and debris in the massive tunnel project. 
July 10, 2025
This photo was taken during a tour of the Clearwater Project tunnel in 2024. On July 9, a section of the under-construction tunnel in Los Angeles collapsed while workers were inside.
Roadbuilding
Design Revealed for New $3.6B Brent Spence Bridge Between Ohio and Kentucky
The new bridge will be built as a companion structure just west of the existing structure as a bi-level, cable-stayed design.
July 9, 2025
A new rendering of the future Brent Spence Bridge corridor shows the northbound crossing of the Ohio River into Cincinnati.
Business
How Contractors Benefit – and Not – from Trump's New Budget
The new $3.4 trillion budget includes loads of tax breaks for contractors – and some measures that could hinder the construction industry.
July 9, 2025
Dozer Generic Getty Image
Roadbuilding
North Carolina DOT Trains Former Convicts for Transportation Work
Five former prisoners were trained on such tasks as operating heavy equipment, directing traffic and surveying property and have been hired.
July 7, 2025
Jahwon Hartsfield (right) was recently hired as a transportation worker by NCDOT.
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The 8-metric-ton compact excavator replaces the fixed-boom 307.5 with increased engine and hydraulic power and other upgrades.
Volvo completely redesigns its largest articulated dump truck, the A60.
Off-Road Trucks
Volvo Reveals Next Generation of Largest Articulated Dump Truck
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World of Concrete
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Excavators
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Equipment World Contractor of the Year
The Contractor of the Year contest recognizes contractors who have annual revenues of between $3 million and $20 million and exemplify the highest standards of construction professionals.
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White Papers
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Managing the Farm Through a Tough Market
Our report on Managing the Farm through a Tough Market breaks down smart strategies from farm management experts.
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