A report released on Feb. 4 by Dodge Data & Analytics ranks the New York City metropolitan area as both the largest and fastest-growing metro area in the nation for construction, with $35 billion in new starts during 2015, a 66% increase over 2014.
After 12 months of ups and downs, the final tally for 2015’s total construction starts ended the year with an 8% annual increase, representing $646 billion in new work, according to Dodge Data & Analytics.
China-based equipment manufacturer Zoomlion Heavy Industry Science and Technology Co. has made an unsolicited offer to acquire U.S.-based Terex Corp., possibly upsetting a merger of the company with Finland-based Konecranes.
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