Fixed price award for Brownsville, Texas gas export plant first phase follows developer NextDecade's final investment decision and what it says is a record $18.4B financing for three-train facility to produce 17.6M tons annually.
Company says it will need more manufacturing plants to reach targeted EV battery production capacity, as a $4-billion electric vehicle battery assembly plant is advancing in De Soto, Kan.
Lithium-ion battery developer KORE Power Inc. to supplement cost of $1.25-billion advanced EV battery manufacturing plant underway in Buckeye, Ariz., with $850-million conditional U.S. Energy Dept. loan.
Cargo transfer operations at the Port of Long Beach are poised to become both greener and more efficient over the next decade with the $1.567-billion Pier B On-Dock Rail Support Facility.
Design is underway for the $1.7-billion Bally's Chicago gaming complex-resort project for entertainment firm Bally’s Corp., which received site plan approval in May.
ENR’s Construction Industry Confidence Index fell four points this quarter, to a rating of 40. Confidence in the current construction market is virtually unchanged, but execs have become more pessimistic about the short- and medium-term future.
Prices for used construction equipment have continued to show signs of stabilizing over the last few months, a trend also seen in other heavy equipment categories.
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