Business

Business
Develon, Hyundai to Merge into One Company: “HD Construction Equipment”
The new company will “launch as a unified entity operating two distinct brands."
July 1, 2025
Parent company HD Hyundai first rolled out the new Hyundai 40-metric-ton HX400 and Develon 24-metric-ton DX240 in April at the Seoul Mobility Show 2025 in South Korea.
Roadbuilding
$933M Contract Awarded to Widen, Improve Part of I-95 in Florida
The corridor will be widened to improve traffic flow and emergency evacuation routes, as well as upgrade intersections.
July 1, 2025
Prince Contracting has previously worked on almost 17 miles of Interstate 95 in Florida DOT's District 4.
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Market outlook Q & A with C-Suite execs at Bobcat, Volvo, Hitachi & Case
Equipment World
Market outlook Q & A with C-Suite execs at Bobcat, Volvo, Hitachi & Case
May 9, 2025
Market outlook Q & A with C-Suite execs at Bobcat, Volvo, Hitachi & Case
Roadbuilding
SCDOT Awards Contract for $825M Widening of I-95 with New Savannah River Bridge
A study found the corridor ranked among the worst rural interstates in the U.S. for freight mobility.
June 30, 2025
The project will take I-95 from four to six lanes toward the existing median and replace bridges over the Savannah River.
Regulations
FBI: Immigration Raid at Alabama School Construction Site Nets 37 Arrests
The raid is among a growing number since May on construction sites around the country.
June 27, 2025
Workers are cuffed and detained at the construction site for a future high school in Gulf Shores, Alabama, June 24.
Business
Yanmar Compact Equipment Appoints New Global CEO
Ryu Kudo will replace Jose Cuadrado who resigned earlier this month.
June 27, 2025
Prior to his time at Yanmar, Kudo spent over 20 years in the construction equipment industry.
Business
LeeBoy Sold to Dynapac, BOMAG Parent Fayat Group
ST Engineering is selling the paving equipment manufacturer based in South Carolina after 19 years.
June 26, 2025
Leeboy 8608 Paver
Roadbuilding
Judge: USDOT Can't Block State Funding Over ICE Cooperation
Attorney generals from 20 states secured a preliminary injunction to stop immigration cooperation requirements.
June 26, 2025
Judge McConnell stated the 20 suing states would face “irreparable and continuing harm” if Duffy’s immigration requirements continue.
Business
Kubota Tractor Names New President to Replace Stucke Who is Headed to Japan
Todd Stucke will focus on global business operations, while Alex Woods will rise to president.
June 25, 2025
Todd Stucke will begin his new roles in Japan on July 1.
Business
Volvo CE to Sell China-Based SDLG Nearly 20 Years After Purchase
After Volvo acquired SDLG in 2006, the brand expanded globally, and entered the North American market in 2013.
June 24, 2025
An SDLG compact excavator displayed at the 2025 ARA Show in Las Vegas. Volvo CE is selling its 70% stake in the company it acquired in 2006 to minority owner Lingong Group.
Roadbuilding
Contractors File Counterclaim in Suit Over Emergency Closure of I-195 Washington Bridge
Two defendants in the state's lawsuit regarding the failed bridge say RIDOT neglected to perform an inspection recommended over 30 years ago.
June 23, 2025
Rhode Island's attorney general sued 13 companies involved in the design, construction and inspection of one of the state's busiest bridges, which had to be closed in December 2023 after the discovery of a 'critical failure.'
Pickups
Ram Boosts Warranty on 2026 Pickups, Vans to 10 Years/100K Miles
The new warranty becomes the longest in the industry for full-sized pickup trucks.
June 23, 2025
The new warranty becomes the longest in the industry for full-sized pickup trucks.
Business
Yanmar CE NA President Charts Bold Vision for Growth – And it Starts in the Field
With a full line of compact equipment and a new customer-centric strategy, Sgro expects North America to contribute 38% of Yanmar CE’s global sales and $2 billion in revenue by 2030.
June 20, 2025
Anna Christine Sgro, president of Yanmar Compact Equipment North America, addresses the media during a private event at the company's Evo Center in Acworth, Georgia.
Roadbuilding
Teens Drive on Uncured Concrete Bridge in Nebraska Trying to Get to Coffee Shop
The county had to wait seven days before one of the vehicles stuck on the bridge could be removed.
June 20, 2025
The three teenagers drove around the barriers to reach the nearby Scooter’s Coffee shop.
Safety & Compliance
Worker Dies After Collapse of 5-Foot-Deep Trench in Connecticut
He was rescued from the trench collapse but later died at a local hospital.
June 19, 2025
Michael DiRocco leaves behind four children and eight grandchildren after his death June 13 in a trench collapse in Norwich, Connecticut.
Roadbuilding
SCDOT Reopens I-20 Just 36 Hours After Fiery Overpass Crash (Video)
On the morning of June 14, a tractor-trailer struck an overpass for Old Vaucluse Road over I-20.
June 18, 2025
By the evening of June 15, crews had successfully milled and repaved damaged portions of the interstate.
Safety & Compliance
1 Worker Dies, 1 Injured When Hit by Excavator Buckets in Trenches in CA, WA
Within a month, two workers in trenches were struck by excavator buckets. One in California died, while one in Washington was severely injured.
June 16, 2025
A worker was in a 15-foot-deep trench June 3 in Woodland, Washington, when an excavator bucket landed on him, causing traumatic injury, according to fire department and media reports.
Roadbuilding
RIDOT Awards $427M Contract for I-195 Washington Bridge Rebuild
Work is set to begin in July with surveying, material ordering and the mobilization of workers.
June 16, 2025
Demolition on the original Washington Bridge, seen here, has been ongoing since last fall.
Dealers
Industry Roundup: Fayat Group Completes Acquisition of Mecalac
The deal will leave Mecalac to operate autonomously. Plus, news from VitalEdge, BOMAG and IronConnect.
June 16, 2025
Mecalac, which was founded in France in 1974, manufactures a full line of excavators, loaders, backhoe loaders, site dumpers and compactors.
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