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Equipment Makers, Rental Firms Report Strong 2Q Sales

Jeff Rubenstone

Jeff Rubenstone

August 9, 2017

With signs of rising activity in the U.S. and China construction markets, global equipment manufacturers reported strong sales in the second quarter of 2017, following a period of consolidation and reorganization.

Litigation

Engineer TRC Fends Off Lawsuits After Merger

Scott Van Voorhis

August 9, 2017

Law firms target the Massachusetts-based company, so far without success.

Atlanta Stadium's Kinetic Roof Debut Delayed Until Fall

August 9, 2017

The developer of the $1.5-billion Mercedes-Benz Stadium announced late last month that the operable portion of the 14.5-acre roof will be in the closed position for the opening events, beginning on Aug. 26.

Foxconn to Build Campus in Wisconsin, No Timeline for Construction

Deal includes up to $3 billion in tax breaks for the Taiwan-based electronics manufacturer

Jeff Yoders

August 9, 2017

Taiwan-based electronics manufacturer Foxconn announced that it plans to build a flat panel LCD monitor production facility as large as 20 million sq ft at an undisclosed southeast Wisconsin location.

Finance

Fluor Stumbles on Fixed-Price Power Projects

A second-quarter charge trims the earnings estimate for the year

Richard Korman.jpeg

August 8, 2017

The company says it parted ways with key employees in its power unit.

Guest Column: Wooing the Angel Investor

August 6, 2017

Long-time venture capitalist offers advice for startups seeking investors.

Italian Construction Giant Merges With Veteran New York Firm

Aileen Cho

August 4, 2017

Through Halmar, Itinera aims to break into U.S. transportation market.

Construction Workforce

Construction Adds 6,000 Jobs in July, but Jobless Rate Rises

Buildings sector gained 5,500 jobs but heavy-civil construction lost 1,200

Tom Ichniowski

August 4, 2017

July's 4.9% rate edged up from 4.5% in previous month and in July 2016, Labor Dept. reports.

Construction Workforce

Federal Multiemployer Pension Program's Health Worsens

Multiemployer plans are common in unionized construction sector

Tom Ichniowski

August 3, 2017

PBGC says its 2016 multiemployer program deficit grew to $58.6 billion from 2015's $55.5 billion.

FBI Building

Federal Buildings

Federal Agencies Pledge a Plan B for New FBI Headquarters

GSA, FBI to send new proposal to Congress in 120 days

Tom Ichniowski

August 2, 2017

GSA and FBI killed earlier proposal for suburban D.C. HQ to be built via swap with developer.

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