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6 days ago | 
internationalrentalnews.com | Neil Gerrard
The artificial intelligence boom is driving a gold rush into data centre construction as investors scramble to build a new generation of giant buildings which house the backbone of the internet. Consultants say that demand for AI models such as Google’s Gemini or OpenAI’s GPT-4, is prompting investors to pour billions into the sector, spawning a building boom reaching well beyond established data centre locations.
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1 week ago | 
internationalrentalnews.com | Neil Gerrard
The latest ranking of the biggest construction equipment manufacturers in the world has been revealed. Published in the latest edition of International Construction magazine, the Yellow Table lists the top 50 biggest OEMs by their annual revenue for 2024 in US dollars. The newest edition of the Yellow Table showed that the world’s 50 largest construction OEMs generated a total revenue of US$237.6 billion.
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1 week ago | 
internationalrentalnews.com | Neil Gerrard
It’s the International Rental News weekly quiz - how much attention have you been paying to events in the world of equipment rental over the past seven days?
1) Why did Herc Holdings extend the deadline for its offer to acquire H&E Equipment Services until yesterday (29 May)?
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3 weeks ago | 
constructionbriefing.com | Neil Gerrard
A new Human Rights Watch report links dozens of migrant worker deaths on Saudi construction sites to safety failings and misclassification
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3 weeks ago | 
constructionbriefing.com | Neil Gerrard
É o que diz a construtora Seddon, sediada no Reino Unido, que relatou ter 2.694 candidatos para apenas 20 vagas de aprendizagem em sua última rodada de contratações. Seddon alertou que a falta de programas de aprendizagem na construção civil está excluindo talentos do setor.
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3 weeks ago | 
constructionbriefing.com | Neil Gerrard
That’s according to UK-based construction company Seddon, which has reported having 2,694 applicants for just 20 apprenticeship roles in its latest hiring round. Seddon warned that a lack of construction apprenticeships is locking talent out of the industry. The UK needs 50,000 new construction apprentices per year to meet workforce demand, according to the 2024 Construction Industry Training Board (CITB) Apprenticeship Report. Only 33,000 people started apprenticeships in 2023/24, however.
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3 weeks ago | 
constructionbriefing.com | Neil Gerrard
Así lo afirma la empresa de construcción Seddon, con sede en el Reino Unido, que informó haber tenido 2.694 solicitantes para solo 20 puestos de aprendizaje en su última ronda de contratación. Seddon advirtió que la falta de aprendizajes en la construcción está dejando a los talentos fuera de la industria.
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3 weeks ago | 
constructionbriefing.com | Neil Gerrard
Ha habido mucha consolidación en la industria y, si bien el número de acuerdos ha caído desde un pico de 54 en 2021, luego de una oleada de actividad después de la pandemia de Covid-19, en 2024 todavía se registraron 34 acuerdos, lo que estuvo ligeramente por encima del promedio de la última década. En su mayoría, fueron compradores estratégicos —es decir, empresas del sector de la construcción residencial que absorbieron a sus rivales— quienes representaron 22 de esas 34 operaciones.
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3 weeks ago | 
constructionbriefing.com | Neil Gerrard
There has been plenty of consolidation in the industry and while the number of deals has fallen from a peak of 54 in 2021, following a flurry of activity after the Covid-19 pandemic, 2024 still saw 34 deals, which was slightly above average for the last decade. It was mostly strategic acquirers – in other words, companies operating in the residential construction space gobbling up rivals – who accounted for 22 of those 34 deals.
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3 weeks ago | 
constructionbriefing.com | Neil Gerrard
Houve muita consolidação no setor e, embora o número de negócios tenha caído de um pico de 54 em 2021, após uma onda de atividades após a pandemia da Covid-19, 2024 ainda viu 34 negócios, o que foi um pouco acima da média da última década. Foram principalmente adquirentes estratégicos – ou seja, empresas que atuam no setor de construção residencial e estão absorvendo rivais – que responderam por 22 desses 34 negócios.
