Canada Unveils $7.5B Project Spending Plan as New COVID-19 Stimulus Scott Van Voorhis October 4, 2020 No Comments Investment focuses on renewable energy and building efficiency, but concerns are raised over lack of core infrastructure and oil and gas spending; wage subsidy program is extendedRead More
COVID and Construction Netherlands BAM to Cut Costs Through Staff Cuts Peter Reina October 2, 2020 No Comments Pandemic impacts have led country's largest contractor to cut $117 million, mainly by cutting staff of about 19,500, largely in Europe.Read More
Workplace Bribery Indictment Targets New York State Building Trades President James Cahill Richard Korman October 2, 2020 No Comments Charges against members of Steamfitters Local 638 include payoffs from nonunion firms.Read More
French Building Giant Vinci Offers $6B for Energy-Industrial Unit of Spain's ACS Peter Reina October 2, 2020 No Comments Spanish firm agreed to negotiate the non-binding offer for the unit, which focuses on P3 project development, construction and operation.Read More
Executive News Granite, STV Leaders Shift; Buyouts Change Titles for American Bridge, LTK CEOs Debra K. Rubin October 2, 2020 No Comments Granite elevates COO amid ongoing financial review; STV chief Milo Riverso departs; US contractor buys American Bridge from long-time Taiwan ownerRead More
Construction Workforce Construction's Sept. Job Gains Rise a Bit, Jobless Rate Dips Industry adds 26,000 jobs in September, up from 17,000 increase in August. Tom Ichniowski October 2, 2020 No Comments Most of the monthly job gains were concentrated in nonresidential construction.Read More
Duke Energy's $540M Takedown of Florida Nuclear Plant Gets Underway Mary B. Powers October 1, 2020 No Comments Joint venture is set to decommission the Crystal River plant by 2027 for Duke, now targeted for takeover by NextEra.Read More
Lane Construction Awarded $176M Toll Road Contract in Texas Louise Poirier October 1, 2020 No Comments The Central Texas Regional Mobility Authority award to extend the 183A Toll Road in Williamson County, Texas is set to complete in 2024Read More
Transportation Infrastructure Near Deadline, Trump Signs Spending Bill With 1-Year Highway-Transit Extension Tom Ichniowski September 30, 2020 No Comments Ten-week CR averts government shutdown, also adds $13.6 billion to ailing Highway Trust Fund.Read More
3Q Cost Report: Global Pandemic Recovery Is Underway But Remains Uneven Rachel Personius, Currie & Brown September 30, 2020 No Comments Developed and developing countries are seeing recovery happen at different ratesRead More
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