Category: Financial

January 15, 2019

Despite the controversies surrounding the proposed barrier — i.e. who is going to pay for it and its central role in the longest federal shutdown in the country’s history — there is construction activity underway along the border. There are […]

January 8, 2019

Despite protests from activists and many lawmakers, the administration still is keeping some contractors busy with border wall construction. The most recent award was announced in November and went to San Antonio, Texas, construction company Gideon Contracting. The company will […]

December 27, 2018

A private consortium of engineering and construction firms won more than $177 million in extra payments to keep its nearly $4-billion Toronto light-rail project on track, despite having agreed to shoulder cost overruns, according to an Ontario auditor’s report released […]

December 21, 2018

Fincantieri plans to build the steel components at its facilities in Genoa and Verona and then transport them to the jobsite to be assembled and welded, keeping much of the work at ground level. The pieces will then be lifted […]

December 20, 2018

Many state and local residents around the country showed their commitment to public construction in November by voting for at least $24 billion of bond initiatives. Some measures that won approval included $16 billion for California construction projects. That measure […]

December 18, 2018

The WDCEP report did not include the Amazon project in JBG Smith’s numbers because the project, while still in the D.C. Metro area, is in a Virginia suburb. Amazon will lease about 500,000 square feet of office space from JBG […]

December 18, 2018

Google joins Amazon in staking out their respective sections of New York City, where both tech giants have said there is a diverse, qualified pool of employee candidates, although Amazon’s arrival was much more high profile. After teasing more than […]

December 13, 2018

Construction equipment and contracting executives from publicly owned companies offered investors optimism in their 2019 market outlook at a Credit Suisse investment conference last month in Miami. The mining sector’s continuing upward momentum in the next year and big overseas […]

December 12, 2018

As many state transportation officials struggle to carry out their construction programs within the confines of limited budgets, federal lawmakers are working toward what could be a revival of President Donald Trump’s $1 trillion national infrastructure program. The potential federal […]

December 11, 2018

The Wall Street Journal recently reported that the Trump administration might be willing to make some compromises in order to seal a deal with Democrats for the type of massive infrastructure program that failed to get off the ground last […]