Volvo celebrates 20 years of world class excavator development in Korea
Oct. 18, 2018—With the company enjoying the effects of a strong global market—much of it driven by the success of its booming excavator product line, it was fitting that Volvo CE should recently celebrate two decades of excavator production at its Korean manufacturing facility in Changwon. At an event at the factory, Volvo CE President Melker Jernberg thanked the 2,200 employees, business suppliers and customers for their commitment over the last two decades, and highlighted the importance of excavators to the future success of the company. Volvo CE now exports excavators to 120 countries worldwide from its Changwon Plant, a factory that accounts for more than half of the company’s global excavator production. As of June 2018, the plant had produced 200,000 excavators, and exports have surged tenfold since 1998.
Teletrac Navman survey reveals labor shortage's widespread impact on the construction industry
Oct. 11, 2018—Teletrac Navman, a global software-as-a-service provider that leverages location-based technology for GPS tracking solutions, recently announced findings from its 2018 Telematics Benchmark Report: Global Construction Edition. The survey found that with 42% of organizations experiencing a talent shortage, more are taking action to address it, including increasing pay (50%), offering better benefits (35%) and providing flexible work arrangements (29%). The survey also found companies are seeing benefits from GPS tracking and investing in their fleets.
Prophix Software joins Viewpoint Strategic Partner program
Oct. 10, 2018—Viewpoint, a Trimble company and construction management software leader, and Prophix Software, a global provider of corporate performance management (CPM) software, recently announced the addition of Prophix’ CPM software to Viewpoint’s Strategic Partner program, helping customers maximize efficiencies by creating stronger integrations across products. Prophix’s CPM software automates financial budgeting, reporting and forecasting processes, streamlining key workflows within construction organizations. The Prophix software integrates with data from Viewpoint’s Spectrum and Vista ERPs as well as more than 200 other data sources to give users improved financial reporting and visibility. Both partners share a common vision for the strategic use of financial software and how it can help streamline workflows and solve customer challenges.