New Zealand’s residential construction sector is embroiled in a challenging period characterized by a significant decline in activity and soaring construction costs. Over the past two years, the industry has witnessed a marked contraction, influenced by fluctuating house prices, changes in
The global market for used construction machinery is experiencing significant growth, driven by a combination of sustainability initiatives and technological advancements. As businesses look to reduce costs and environmental impact, the demand for refurbished and reliable machinery continues to
In the small town of Berlin, the planning commission has taken significant steps to address a pressing issue: the lack of specific building regulations has caused confusion and conflict between developers and the commission. This challenge came to light during the proposed development of the
The construction industry is entering an era of substantial change, driven by technological advancements and growing environmental concerns. A symbol of this transformation is the recent unveiling of the CASE 580EV, hailed as the world’s first electric backhoe loader. This groundbreaking innovation
The quest for greener, more sustainable home construction has spurred a dynamic conversation about the materials used in building projects. A crucial directive in this discussion is the recent EPBD Directive, also known as Green Houses, which provides intricate guidance on creating environmentally
In a stark reflection of the challenges facing Germany's residential housing market, the number of building permits issued has seen a significant decline. July's statistics reveal only 17,000 new homes authorized, marking a sharp 19.2% reduction from the same month last year. This decline extends a
Building Information Modeling (BIM) has become a transformative force in the construction industry, revolutionizing how projects are designed, built, and managed. BIM’s impact spans across improving collaboration, increasing efficiency, and reducing costs. As the industry anticipates further
Minnesota is embarking on an ambitious journey to overhaul its infrastructure, thanks to an unprecedented $2.6 billion bonding bill signed into law by Gov. Tim Walz in 2023. This substantial investment addresses various critical facets of the state's transport and transit systems. The improvements
SCALE Lending Announces $135 Million Construction Loan for Bronx Multifamily Projects SCALE Lending, the debt financing arm of Slate Property Group, has announced a major financial backing with a $135 million construction loan aimed at two new multifamily residential projects in the Bronx, NY.
The construction industry thrives on innovation, with advancements driving enhancement in productivity, efficiency, and safety. The Contractors’ Top 50 New Products Award, an annual recognition by Equipment Today and ForConstructionPros.com, highlights these cutting-edge developments. This award
