Photo by Tudor Van Hampton for ENR Martin Herrenknecht (center) took home a Bauma innovation prize for a semi-trenchless pipeline machine. Related Links: Five Trends To Watch At Bauma 2013 Bauma 2013 Website The European economy continues to suffer from a banking crisis that has slowed down most industries here, but manufacturers in the construction space are optimistic that fiscal policy and bright ideas will eventually win the day."We're all hopeful and quite confident that the political leaders will be able to come to grips with the situation," said Johann Sailer, president of construction elevator manufacturer GEDA and president of
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.