LIVERMORE, California - Topcon Positioning Systems., a construction equipment company, has secured a strategic investment from Ring Power Corporation, Inc., in its U.S. retail network, Topcon Solutions Stores (TSS), marking a key step in expanding its presence in the construction technology market.
The investment aims to support contractors in modernizing job sites with advanced digital solutions. Strong demand driven by housing shortages, infrastructure development, and the need to upgrade aging assets continues to create growth opportunities, particularly as the construction sector accelerates digital adoption.
Mr. David Alban, RPC board member and CEO and President of Ring Power Corporation, said, “The partnership supports a business well positioned to help modernize a critical industry.”
Mr. Ivan Di Federico, president and CEO of Topcon Positioning Systems, said, “The investment highlights the increasing importance of positioning technology and automation in shaping the future of construction.”
Topcon executives noted that TSS plays a crucial role in delivering technology backed by training, service, and local support, helping contractors improve productivity and performance.
Topcon Solutions Stores operates 14 retail locations serving 22 states. As a direct Topcon distributor and Autodesk Platinum Partner, TSS integrates positioning technology with Autodesk construction software, and the new investment is expected to accelerate customer benefits and support future growth.