Business & Industry

Austrian construction group Strabag has agreed to acquire UK-based ground engineering contractor Van Elle for £59m, marking its second takeover within a week as it accelerates expansion in the British market. Van Elle acquisition, led by Strabag’s UK division and...

Key Takeaways Payroll inaccuracies add 1.5% to 5% to gross payroll, enough to consume most or all of a contractor's net margin In conversations with nearly 280 mid-market contractors, we found that 65% still rely on paper time cards...

For years, there has been a belief within the industrial and construction sectors that equipment should focus exclusively on function, resulting in tools and attire that, while reliable, lacked visual appeal. However, as the industry and its workforce evolve,...

Volvo Construction Equipment has entered into a memorandum of understanding with Posco to jointly advance material and technology development for construction machinery, with a clear focus on carbon neutrality. The agreement was formalised Friday at Volvo’s manufacturing facility in...

The UK government has unveiled a far-reaching reform package aimed at tackling late payments and reshaping financial practices across the construction sector, centred on a proposed construction retentions ban and stricter payment rules. Announced on 24 March following the...

A strategic collaboration between Autodesk and Pinnacle Infotech Solutions is set to accelerate construction digitisation, following the signing of a Memorandum of Understanding (MoU) focused on advancing digital adoption across the Architecture, Engineering, Construction, and Operations sector. The agreement...

Trimble has entered into an agreement to acquire Document Crunch, a specialist in AI-driven document analysis and risk management for the construction sector. The transaction is set to integrate advanced document intelligence capabilities into the Trimble Construction One Project...