Category: Procurement

October 4, 2018

featuredRoad marking materials market is expected to reach $5.66bn by 2024 according to a recent report by Transparency Market Research (TMR). TMR anticipates the vendor landscape of the global road marking materials market to be largely consolidated with major leaders […]

September 18, 2018

Construction Supply Group has completed the acquisition of Constar Construction Supply, a Californian supply distributor. Construction Supply Group is a leader in the distribution of construction materials, accessories and tools, primarily for professional concrete and masonry contractors in the United […]

September 10, 2018

The Middle East’s multi-billion-dollar construction industry has led to an increased demand for stone, according to Middle East Stone. A raft of new mega projects valued at $29.19 billion were launched in the Middle East and North Africa’s residential, hospitality, […]

September 5, 2018

An upturn in home-buying and commercial development is a boon for the construction industry, but the pressure to grow can squeeze construction companies grappling with cash flow, expenses and expansion. In April, privately-owned housing starts jumped 12.4%, to an annualized […]

August 31, 2018

According to Markets Insider, the quota exclusion news drove U.S. steel manufacturers’ stock prices down Thursday, with the stocks of U.S. Steel (-6%), AK Steel (-4%) and Steel Dynamics (-2%) all taking a hit. However, the Trump administration most certainly […]

July 20, 2018

Shell and Chevron got better news from the Commerce Department. The department granted both Shell and Chevron exemptions so that the companies could buy Japanese steel for drilling operations in the Gulf of Mexico, according to the Houston Chronicle. According […]

July 17, 2018

In 2017, the A.T. Kearney Foreign Direct Investment Confidence Index concluded, “Investors are bullish about economic growth and FDI [Foreign Direct Investment] prospects, but are monitoring political risks for abrupt changes to the business environment.” Fast-forward to 2018, and that […]

May 25, 2018

Today we’ll be looking at what economists Alex Carrick, ConstructConnect; Kermit Baker, American Institute of Architects (AIA); and Ken Simonson, Associated General Contractors of America (AGC) have to say about the outlook for construction in 2018. We’ll also look at […]

May 7, 2018

Given the cost to construct some recent airport terminals, transportation and runway projects, $70 billion is not unrealistic, particularly since that figure is spread out among 50 airports. Chicago officials are finalizing plans for an $8.5 billion expansion at O’Hare […]

May 1, 2018

Construction spending fell to a seasonally adjusted annual rate of $1,284.7 billion in March. This is 1.7% below February’s estimate which was revised up significantly from $1,273.1 billion to $1,306.4 billion. January’s estimate of $1,272.2 billion was also revised up […]