Category: Procurement

February 5, 2019

By not purchasing materials made in the U.S. for projects that receive federal financial assistance, infrastructure contractors reportedly have left as much as $45 billion of sales for American manufacturers on the table, according to the Federal News Network. Each […]

December 26, 2018

Construction on a $1.25-billion chemical complex recently announced for St. James Parish is scheduled to begin in the second quarter of 2019. In November, Wanhua Chemical Group of China announced plans to build a manufacturing plant on a 250-acre site […]

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 […]