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
In a disturbing development, a federal safety inspection revealed that GL Construction of Madison LLC, a contractor operating in suburban Madison, Wisconsin, has once again failed to protect its workers from fall hazards—one of the most life-threatening risks in the construction industry. During a
Massachusetts Attorney General Andrea Joy Campbell recently announced a significant legal development involving Remby Contractors, LLC, a Virginia-based construction company. This company was engaged in renovation work at the Cape Codder Hotel in Hyannis, Massachusetts, now being transformed into
The analysis of the used construction equipment market in the United States for August 2024 reveals a detailed picture of shifting inventory and value trends across various segments. This comprehensive examination delves into the nuances of heavy-duty, medium-duty, and lift equipment, offering
The new Raymer Self Storage project in Van Nuys, California, achieves a significant milestone with the acquisition of an $18.2 million construction loan. This financing effort, organized by JLL Capital Markets, is aimed at transforming an existing industrial site into a modern, high-demand
Recently, the construction industry has started shifting gears towards electric vehicles (EVs), given their importance for sustainability and emission reduction. Naturally, as environmental concerns grow, construction operators are contemplating a common concern: How does a company make a solid
The cost of tax compliance for large corporations has soared by 32% from 2017 to 2023, creating significant challenges for these enterprises. Multinational companies, in particular, are battling the complexities of an evolving tax landscape, which forces them to allocate increasing resources to
In a shocking case of pandemic-related fraud, two Brooklyn contractors, Nurus Safa, 65, and his son Maidal Safa, 34, have been charged with grand larceny for allegedly defrauding the Paycheck Protection Program (PPP) of over $1 million. The indictment accuses the father and son of fabricating tax
The pursuit of sustainability and the integration of advanced technology define the future of urban living. Smart buildings epitomize this shift as they employ intelligence to gather data from devices, sensors, systems, and on-premises services. These innovations are setting new standards for
Once a powerhouse driving the national economy, the Turkish construction sector has found itself at a crossroads. Amid domestic economic challenges, Turkish contractors are broadening their horizons, seeking opportunities beyond their national borders. This strategic pivot comes as they face myriad
