All Business & Finance Articles

Two firms in pole position to build Rikers Island replacement jail
Tutor Perini leads joint venture to build one of four new NYC jails
Contractor receives nearly US$100 million in settlement over Golden Gate Bridge
A US-based contractor received US$97 million in settlement over work on the Golden Gate Bridge
Yanmar appoints new EMEA president
Jon Lopex to drive the strategic growth 
Stellar acquires fuel and lube equipment manufacturer
Stellar Industries has acquired a fuel and lube equipment manufacturer
Contractor signs US$243 million deal for office buildings in Mayfair, London
A contractor has signed an agreement to construct two offices in Mayfair, London, England, UK
European OEMs cast wary eye to US elections as they try to boost global competitiveness
CECE Congress assesses challenges facing construction equipment manufacturers and emphasises need for collaboration
Tutor Perini JV bags $330m deal to repair typhoon-ravaged harbour
Tutor Perini subsidiary Black Construction Corporation to lead joint venture
US$435 million hospital contract for Skanska
Skanska has signed a more than US$400-million contract for a hospital build in the US
US firm receives $1bn for California healthcare campus project
Contractor to build a healthcare campus in California, US, for US$1 billion
UK government to fund HS2 Euston link and increases pothole repair spending
UK’s first female Chancellor of the Exchequer reveals spending and taxation plans
Construction sales down for Caterpillar
Caterpillar Q3 2024 construction sales decline in all regions except one
North America makes up nearly half of Ferrovial’s construction order book
North America now accounts for nearly half (49%) of Dutch-Spanish infrastructure group Ferrovial’s construction order book.
CITB investing £150m in apprenticeship grants across UK
According to CITB’s latest Employer Voice survey, 31% of employers plan to hire an apprentice
COWI wins Hudson River engineering contract in New York
The ground stabilisation work on the Hudson River aims to strengthen the seabed on the east side of the river
Sindalah: First of Saudi Arabia’s Neom projects to be completed opens
Luxury island development aimed at yacht owners opens on Saudi Arabia’s northwestern coast
Two construction firms share $2.8bn Chicago metro Red Line extension
Two firms to build 9km extension of Chicago’s Red Line
Engie breaks ground on 250MW solar farm in Victoria, Australia
The Goorambat East Solar Farm will feature approximately 500,000 solar panels
Economy and dealer stocks hit Manitou revenues
Manitou sees drop in its third quarter results, citing an economic slowdown and large dealer stocks in Europe and North America
AI investment continues to drive growth in the AEC industry says new report
The report, based on a survey of AEC managers worldwide, highlights a significant investment in artificial intelligence (AI) by these companies.
Court orders Chinese contractor pay $1.6bn over Bahamas resort development dispute
Chinese contractor found to have committed fraud on multi-billion-dollar Bahamas project
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