Construction Industry News

Immigration crackdown builds uncertainty for construction industry

South Korea grows 1.5% in fourth quarter, missing forecasts as construction slump hits growth

The economy expanded 1.5% in the October to December period from a year earlier. On a quarterly basis, gross domestic product contracted 0.3%, marking the steepest slowdown since the fourth quarter of 2022. Chung Sung-jun | Getty Images News |…

ZooMontana to start construction for first on-site veterinary clinic in fall

BILLINGS— ZooMontana is planning to start construction on a new $3.9 million on-site veterinary clinic in the fall. The clinic, called The Animal Health Center, is part of the zoo's “Wild and Well: A New Era of Animal Care”…

$47b to $53b in construction contracts expected in 2026: BCA

SINGAPORE - Some $47 billion to $53 billion in construction contracts are expected to be awarded in 2026, driven by projects such as Changi Airport Terminal 5 and the Marina Bay Sands expansion. In 2025, an estimated $50.5 billion in contracts were…

Exclusive: Air Force taps AIM for autonomous air base construction

AIM, a company automating heavy-duty machinery and earthworks, secured nearly $5 million in U.S. Air Force contracts for remote air base construction and runway repair. Why it matters: American power projection — its ability to be anywhere…

Construction union boss Zach Smith resigns for 'personal reasons'

The national secretary of the militant construction union, Zach Smith, has resigned for personal reasons, the Victorian branch, where he was also executive officer, has announced. The Construction, Forestry and Maritime Employees Union Victoria…

One of new Colorado bills to spur housing construction offers incentives to local communities

Getting your Trinity Audio player ready... Gov. Jared Polis and Colorado lawmakers unveiled three bills Wednesday that are intended to ease and expedite the construction of affordable housing — the latest proposals in a yearslong attempt to…

Yearly Construction Spending Falls As Manufacturing Work Dips

Total construction spending rose 0.5% in October, on a monthly basis, according to data released by the U.S. Census Bureau. Year-over-year, spending fell 0.9% since October 2024. Residential construction spending increased 1.3% since September…

Six-figure plumbing and construction jobs are coming, Nvidia CEO Jensen Huang says-as AI data centers need to be built

The job market has been a tough sell for many Gen Z graduates, with tariffs, economic uncertainty, and artificial intelligence reshaping hiring plans across corporate America. But according to Nvidia's CEO Jensen Huang, the next wave of six-figure…

Kaine calls offshore wind a 'Virginia pride moment' as construction resumes at Portsmouth terminal

PORTSMOUTH, Va. — Construction is back underway on Virginia's largest offshore wind energy project after a federal judge cleared a pause ordered by the U.S. government late last year, and U.S. Sen. Tim Kaine says the milestone highlights…

Gambhira bridge: migrant worker injured after falling from under-construction pier in Vadodara

A migrant labourer from Bihar was on Tuesday injured after an “inappropriately” latched safety belt gave way, resulting in his fall from a height of about 10 feet from one of the upcoming piers of the new Mujpur-Gambhira bridge on the…

Cinergy delays $45 million entertainment center construction in Corpus Christi

CORPUS CHRISTI, Texas — Construction on a $45 million entertainment center planned for Corpus Christi's southside has been delayed as the company redesigns part of the project. Cinergy Entertainment was supposed to begin construction by the…

Promising Construction Stocks To Follow Today - January 21st

This NVIDIA Partnership Shows How Big AI Can Really Get Caterpillar, Lowe's Companies, CRH, Lennox International, Deere & Company, D.R. Horton, and Carrier Global are the seven Construction stocks to watch today, according to MarketBeat's stock…

U.S. construction spending rebounds on home renovation growth

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Construction begins on Ottawa Chipotle

News • Sports • Obituaries • eNewspaper • The Scene • Construction has begun at the site of a future Chipotle Mexican Grill coming to Ottawa. After the Ottawa City Council approved the project last June, the…