
Industry News
Stay informed with the latest developments and happenings in the construction industry by Contractors Hot Line. From new innovations and regulatory updates to market trends, our curated collection of industry news keeps you abreast of all the essential insights shaping the construction landscape. Explore timely articles and stay ahead of the curve with Contractors Hot Line.

OTR, P.S.I. Partner to Bring TPMS Technology to Off-Road Pneumatic Tires
OTR Engineered Solutions has partnered with Pressure Systems International to introduce tire pressure monitoring system technology to the off-road market.

Caterpillar Unveils Cat Limited Edition Machines to Celebrate 100 Years
Caterpillar Inc. is celebrating its 100th anniversary with the release of Cat limited edition machines, now available through select Cat dealers worldwide.

Struggling With Equipment Loan Payments? Here's What to Do
Struggling with equipment loan payments? Learn key steps to take, including loan extensions, refinancing and communication with your lender.

Construction Industry Faces Need for 439,000 New Workers by 2025
The construction industry needs 439,000 new workers in 2025 to meet growing demand, according to Associated Builders and Contractors (ABC).

ProStar Secures Major Construction Management Firm as New Enterprise Customer
ProStar Holdings Inc., a leader in precision mapping, reports that a top U.S. construction management firm has adopted its PointMan software.

Twiceme Launches Safety Management Portal to Digitize Daily Construction Safety Workflows
Twiceme Technology unveiled its Safety Management Portal (SMP) at World of Concrete in Las Vegas, introducing a tool to digitize safety workflows on construction sites.

Equipment Finance Industry Confidence Up Third Consecutive Month in January
Confidence in the equipment finance market rose for the third straight month in January, according to the Equipment Leasing & Finance Foundation's Monthly Confidence Index.

United Rentals to Acquire H&E Equipment Services in $4.8 Billion Deal
United Rentals, Inc. plans to acquire H&E Equipment Services, Inc. in a $4.8 billion transaction that includes $1.4 billion in net debt.

IVO Systems Introduces TimeVO for Construction
IVO Systems has launched TimeVO, a timecard solution designed specifically for heavy civil construction companies.

H&E Rentals Opens New St. Louis West Branch
H&E Rentals opened its St. Louis West branch, located at 10022 Meeks Blvd., St. Louis, Missouri.