The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.
In an election in which the two presidential candidates are presenting starkly different views about governing approaches, many construction groups are keeping low profiles in the top contest, focusing attention—and resources—on congressional races.
With low oil prices still a nagging factor in the global economy, construction executives and researchers shared strategies for project delivery and business success in markets that are increasingly difficult to predict and more controlled by tightening costs.
U.K.-based design firm Atkins names industry veteran George Nash to run its North America unit, replacing exec who resigned; U. of California-Berkeley academic taught and researched for multiple decades.
An expansive walkway over taxiways is the highlight of the planned new International Arrivals Facility at Sea-Tac International Airport, south of Seattle.
Utility Southern Co.’s costly effort to produce clean energy from coal met a major milestone on Oct. 12, when its Kemper County, Miss., integrated gasification combined-cycle plant produced the first kilowatt of electricity with synthetic fuel made from local lignite.
The $1.6-billion Washington State Convention Center expansion project in downtown Seattle has a new contractor and a clear path toward the start of construction in 2017, while development on the Pacific Northwest’s largest hotel continues next door.
Peoria, Ill.-based equipment maker Caterpillar Inc. announced Oct. 17 that its CEO and chairman Doug Oberhelman will retire from the company in March, 2017. Oberhelman has been with Caterpillar for 41 years, and was appointed CEO in 2010.
The Nevada Dept. of Transportation will shuffle its Las Vegas-area highway construction plan in order to fast-track infrastructure needed to support a proposed new stadium for the NFL’s Oakland Raiders’ potential relocation to Las Vegas.
A groundbreaking ceremony was held this week for One Vanderbilt, a 1,401-ft office tower that will rise between Vanderbilt and Madison avenues and 42nd and 43rd streets.
Nearly 200 countries have agreed to cut the production and use of hydrofluorocarbons (HFCs)—used in refrigerants and cooling and ventilation systems—by more than 80% over the next 80 years.
Energy Transfer Partners says it hopes to resume construction soon on a portion of the Dakota
Access crude-oil pipeline, located on private lands east and west of Lake Oahe in North Dakota.