China-based Zoomlion may have ruffled some feathers when it offered to buy Terex Corp. for roughly twice its share price, but according to sources with Terex the long-planned merger with Finland-based Konecrane is still moving along.
Bill would hike funding for airport construction grants but freeze cap on passenger facility charges. It also would spin off FAA's air traffic control operation.
China joined the European Bank for Reconstruction and Development (EBRD) this month. The move will open doors for the China Development Bank to co-finance construction projects and also give Chinese contractors access to the continent, analysts said.
Canada's National Energy Board has failed to monitor the construction and maintenance activities of the nation's top pipeline shippers and enforce safety mandates, said Julie Gelfand, commissioner of environment and sustainable development in the office of the auditor general.
The Madrid-based clean power developer will shed a chunk of firm's biofuels business to skirt bankruptcy—for now—but denies France's Vinci will buy its key engineering operation.
Algeria’s Ministry of Transport has signed an agreement with three firms for the construction of a $3.5-billion deep-sea port in Algeria over the next seven years.
Even the most well-constructed building may have little chance against a direct hit from the 200-mph winds of an EF5 tornado. But a recently released ASCE study suggests that, away from the center of these catastrophic twisters, greater attention to structural load paths and construction quality may improve building performance, while also helping structures withstand direct hits from smaller, less powerful storms.
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