Construction Industry News
A collection of Construction latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How tech is changing the construction industry
Construction is the world's largest industry by output and among its least digitized. McKinsey estimates that global construction output could hit $22 trillion in 2040. In order to reach this, it will have to meet a compound annual growth rate of…
Ottawa still pledging to double construction pace despite home building headwinds
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Ottawa still pledging to double construction pace despite home building headwinds
The federal Liberal government is sticking to its pledge to double the pace of home building even as headwinds buffet the construction industry. Prime Minister Mark Carney promised in his 2025 election platform to make investments that would double…
Granite Construction announces private offering of $600M of senior notes due 2034 (GVA:NYSE)
Proceeds will be used to settle conversions and redemption of 2028 convertible senior notes, repay borrowings under the revolving credit facility, and for general corporate purposes. If holders convert and Granite settles partially in stock, it…
Maqedonci says construction of ammunition factory has started near Djakovica in Kosovo and Metohija
The minister of defense of the provisional institutions in Pristina in the technical mandate, Ejup Maqedonci, has said that work has begun near Djakovica to build the first ammunition factory in so-called Kosovo. After visiting the construction…
Notable Leaders in Construction, Engineering and Design: Jeff Hassinger
As the second-generation owner and president of Menomonee Falls-based J.H. Hassinger Construction Inc., Jeff Hassinger has joked to colleagues that he's been “planning for this role since birth.” Hassinger started as an entry-level…
Notable Leaders in Construction, Engineering and Design: Robbie Oldenburg
Robbie Oldenburg, director of business development – science and technology at Madison-based Findorff, has more than two decades of experience in the construction industry. She leads strategic growth initiatives across the science and…
Notable Leaders in Construction, Engineering and Design: Jeff Gruhn
Jeff Gruhn serves as vice president of project development for Mortenson's Milwaukee operating group. He has more than 26 years of construction industry experience, including 24 years with the company. He leads client engagement, project strategy…
Notable Leaders in Construction, Engineering and Design: Terry Koth
Get the free BizTimes email newsletter Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin Terry Koth is president and an owner of Design 2 Construct, a Jackson-based design-build commercial…
Notable Leaders in Construction, Engineering and Design: Ben Bergles
Ben Bergles is the director of preconstruction and project executive at Pewaukee-based VJS Construction Services. With more than 18 years of industry experience, all with VJS, Bergles has risen from project engineer to executive. Bergles has lead…
Notable Leaders in Construction, Engineering and Design: Adam Artz
Colleagues say Adam Artz, principal partner at Pinnacle Engineering Group, has guided the company in building a culture rooted in “relationships, collaboration, accountability passion and trust.” Artz founded Brookfield-based Pinnacle…
Notable Leaders in Construction, Engineering and Design: Tom Holzheimer
Tom Holzheimer is the operations manager for Gilbane's Milwaukee office, where he leads a portfolio of construction projects across Wisconsin. Holzheimer has nearly 20 years of industry experience, spending the past 16 years building his career…
Notable Leaders in Construction, Engineering and Design: John Nelson
Get the free BizTimes email newsletter Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin Colleagues say John Nelson, vice president of preconstruction at Middleton-based Mead & Hunt, is…
Chile Mortgage Rates Hit Four-Year Low, Easing Industry Crisis
Government subsidies have pushed Chile's average mortgage rate below 4% for the first time in more than four years, boosting sales of cheaper homes, while failing to trigger a broader revival in the construction industry. Average home-loan rates in…
Notable Leaders in Construction, Engineering and Design: Ryan O'Toole
Ryan O'Toole, vice president of family- and employee-owned Hunzinger Construction Co., has guided the company to its most successful years on record, seeing growth from $324 million in volume in 2019 to more than $406 million in 2025, with another…
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