General contractors and specialty contractors will have full equality within the Associated General Contractors of America for the first time in the association’s 98-year history.
On March 2, SH 130 Concession Co. LLC—the private entity that designed and built and now operates and maintains Segments 5 and 6 of SH 130, a 41-mile portion of the total 91-mile roadway—filed for Chapter 11 protection in the Western District of Texas.
Construction’s unemployment rate continued its long stretch of year-over-year improvement in February, falling to 8.7% from the year-earlier 10.6%, but the rate was slightly worse than January’s 8.5%, according to the Bureau of Labor Statistics.
Authorities probe safe access into wreckage to find three presumed dead in the Feb. 23 fatal collapse; demolition firm had safely worked on other site structures.
In year-end results released last month, Spanish contractor Ferrovial reported a 10% increase in revenue to $10.6 billion, while net profit rose 79% to $782 million.
President Obama has nominated Maj. Gen. Todd T. Semonite to be U.S. Army chief of engineers and commander of the Army Corps of Engineers, according to military communications and industry sources.
Ex-Executive VP Thomas Rospos of now-defunct Birdsall Services Group takes third-degree plea on Feb. 25 as his trial began in $1-milion scheme; ex-CEO Howard Birdsall pleaded guilty on Feb. 18.
CEOs of Mace, Carillion, Arup and W.S. Atkins, who joined leaders of 200 leading British firms, say leaving the group could hurt workforce recruitment.
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