A much-rumored construction industry acquisition, announced March 29 for $795 million, would boost buyer's water resources capacity and global footprint.
Infrastructure investment is 20% to 30% higher than the previous government's budget, but some funding and other elements don't live up to 2015 campaign promises
In a move that appeared to happen faster than at least one Wall Street analyst predicted, Houston energy specialty contracting giant Quanta Services Inc. on March 14 said Chief Operating Officer Earl “Duke” Austin has succeeded James O’Neil as president and CEO.
The dollar value of total construction starts jumped 10% in February from the previous month to a seasonally adjusted annual rate of $667.6 billion, according to Dodge Data & Analytics.
Paint manufacturing giant Sherwin-
Williams Co. on March 20 announced that it will acquire rival The Valspar Corp. in an all-cash transaction worth roughly $9 billion.
On prime riverfront real estate in Jacksonville, Fla., the unclad 18- story concrete frame of an abandoned condominium casts a shadow over its downtown neighborhood.
Some 28 years after a portrait of Bechtel Corp. attributed much of the success of the family-owned contracting giant to its skill at influence-peddling, author Sally Denton unveils a 436-page tome that extends much of that story line to today.
Aiming to boost infrastructure investment as a bigger economic priority in U.S. policy for the next administration, a new coalition is pushing to gain support of its “Blueprint 2025” initiative in Congress and with key presidential contenders.
In a key executive move, Omaha contracting giant Kiewit has elevated Richard A. “Rick” Lanoha to president and chief operating officer, effective on March 31.