Canada Cleanup Giant GFL Environmental Cancels Stock Offering November 6, 2019 No Comments Investor price concerns and market volatility prompt waste management/remediation firm to opt out of planned $2B IPO set for Nov. 8.Read More
World Set to Spend $840B By 2030 To Build Offshore Wind, But New Risk Aired Peter Reina Debra K. Rubin October 31, 2019 No Comments Developer Orsted cuts power forecast, citing new wind strength analysis; experts eye larger turbines and better modeling as long-term fixes.Read More
Constructions Accidents What Florida Bridge Collapse Report Leaves Unexplained The transportation board describes FIGG’s alleged design flub without filling in the why Richard Korman October 29, 2019 6 Comments A single phrase about unexplained reasons stands out in the transportation board's report.Read More
Company Results Granite Construction Takes Another Quarter Hit Linked to Project Issues Erica Berardi Debra K. Rubin October 25, 2019 No Comments Heavy civil job disputes are key in net income down 60% from year earlier and missed revenue; firm now pushing to "de-risk" large project portfolio.Read More
ENR 2019 Top 600 Specialty Contractors: How Long Will the Boom Last? Gary J. Tulacz October 17, 2019 One Comment The market continues to grow, but many specialty trade contractors are beginning to look ahead to prepare for an inevitable slowdown.Read More
Did Concrete Error Doom Florida Bridge? Richard Korman Scott Judy October 16, 2019 2 Comments FIGG Bridge Engineers and its consultant advance a theory that errors made by others caused the fatal collapseRead More
Exec News: Tetra Tech Names Water Chief Leslie Shoemaker President Debra K. Rubin October 16, 2019 No Comments David P. Suder, co-CEO of specialty contractor KHS&S, dies suddenly at 58 Read More
Private Equity Pays $2.4B For AECOM Government Unit Debra K. Rubin October 16, 2019 No Comments Analysts note design firm's parallel sale and spinoff plans, but shedding construction assets will take longer. Activist investor was key sale catalyst, reports say.Read More
Industry Compensation Challenges Grow as Contractors Boost Salaries in a ‘War for Talent’ Jim Parsons October 16, 2019 One Comment New study suggests that the causes of an industry-wide compensation boost are not solely a result of market-specific factors or the cost of livingRead More
Giant Mozambique LNG Project Goes to JGC-Fluor-Technip Team Mary B. Powers October 9, 2019 No Comments Risk issues will be core on estimated $30-billion project, set for final investment decision in 2020.Read More
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