An independent report cites faulty stitching and grouting process.

One afternoon this May, a group of journalists and market analysts convened in London at the Royal Society headquarters in Carleton House to hear the CEO of Salini Impregilo unveil the Italian engineering and construction conglomerate’s strategy for the next four years.

More than 100 ships have passed smoothly through the Panama Canal's new $5.4-billion third lane; more turbulent is the ongoing dispute over nearly $3.5 billion in contractor claims.

In a competition that involved at least a dozen global contenders, Milan-based Salini Impregilo has emerged as the apparent winner in its bid to acquire Lane Industries Inc., a major U.S. transportation contractor, as the Italian firm seeks to boost its position in a U.S. market set to grow with soon-to-be-enacted highway funding legislation and more equity financing.