For months, the Export-Import Bank of the U.S. has been unable to vote on large new loans because its board is one member short of a quorum, putting on hold $20 billion in potential aid for U.S. sales overseas.
Canadian energy firm AltaGas has won a $45-million contract with Southern California Edison to build a 20-MW energy-storage system at its Pomona natural-gas-fired plant in Southern California.
A series of construction work-zone crashes on Massachusetts roadways—all allegedly involving drunk drivers—prodded state officials to launch a federally funded impaired-driving enforcement campaign in August through Labor Day.
Brendan Bechtel, soon to be chief executive of the engineering and construction company that bears his family’s name, sounded an alarm about the industry’s performance on megaprojects with words as plainly spoken as any you will hear at a conference.
A flash fire on a project located at Sunoco Logistics’ Nederland Terminal in Nederland, Texas, injured seven construction workers around 9 p.m. on Friday, Aug. 12.
AECOM announced Aug. 10 that it has made a commitment to reduce greenhouse gas emissions across its global operations by 20%, normalized by revenue, by 2020.
In a sign that the trend toward equipment renting is not slowing down, the American Rental Association says the rental industry can expect a compound annual growth rate of 4.9% over the next few years. ARA’s five-year forecast predicts that U.S. rental revenue will top $57 billion in 2020, a significant increase over the $47.6 billion estimated for 2016.