The startup has seen its construction progress documentation and machine learning-based schedule analyzer technology used on large, complex projects around the globe.
Clayco is building 1.4-million-sq-ft Indiana plant to produce wet-process lithium-ion battery separators for EV batteries with conditionally awarded Energy Dept. loan, officials announced July 9.
The U.S. Dept. of Transportation is supplying a $6.9-billion grant and $4.1 billion in low-interest loans on top of previously announced federal funding.
After years of historically high salary increases for construction staff, many employers appear to have hit the ceiling for the compensation bumps they can offer.
With an extended period of construction activity and no imminent signs of recession, prices for used construction equipment at resale and auction have found their level, with fewer of the fluctuations that marked recent years.