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Category: Procurement


Construction Processes, Procurement

TMR report: Road marking materials market to earn $5.66bn by 2024

October 4, 2018

Via: Construction Global

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 […]


Construction Processes, Procurement

Construction Supply Group acquires Constar Construction Supply

September 18, 2018

Via: Construction Global

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 […]


Construction Processes, Procurement

$29bn MENA construction industry boosts demand for stone

September 10, 2018

Via: Construction Global

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, […]


Construction Processes, Financial, Procurement

How seasoned construction pros handle the cost of scaling up

September 5, 2018

Via: Construction Dive

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 […]


Construction Processes, Procurement

Trump allows ‘targeted relief’ for some steel, aluminum tariffs

August 31, 2018

Via: Construction Dive

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 […]


Construction Processes, Procurement, Sustainability

Tariff exemption denied for $1.1B Texas pipeline project

July 20, 2018

Via: Construction Dive

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 […]


Construction Processes, Procurement

Are we facing a new era in Foreign Direct Investment?

July 17, 2018

Via: BDCNetwork

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 […]


Construction Processes, Financial, Procurement

2018 U.S. Construction Prospects

May 25, 2018

Via: ConstructConnect

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 […]


Construction Processes, Financial, Procurement

Airport projects could hit $70B by 2021

May 7, 2018

Via: Construction Dive

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 […]


Construction Processes, Procurement

U.S. Construction Spending Drops 1.7% in March

May 1, 2018

Via: ConstructConnect

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 […]