Looking to realign its presence in Europe following the U.K.’s Brexit vote on June 23, India-based steel producer Tata Steel is in talks with German-based ThyssenKrupp AG and the British government about a possible joint venture for the European market.
Hawaii utility Hawaiian Electric Co. has withdrawn its $1.2-billion plan to upgrade oil-fired power plants to burn natural gas after state regulators rejected its planned merger with Florida-based clean-energy firm NextEra Energy Inc.
Since Los Angeles joined San Francisco Bay Area cities last October in tightening seismic standards for non-ductile concrete buildings and multi-family, wood-frame structures with parking underneath (ENR 11/9/15 p. 16),
seismic retrofit work in those cities has been booming.
Florida employers are bracing for increases as high as 20% in their workers’ compensation premium rates as a result of two recent decisions handed down by the Florida Supreme Court.
The dollar value of total construction starts dropped 7% in June, mostly due to a 24% monthly decline in non-building construction, according to Dodge Data & Analytics.