Construction Industry News
A collection of Construction latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Everus (ECG) Bets $295M On Modular Construction's Future
On September 1, Everus Construction Group (NYSE: ECG) completed a $295 million cash acquisition of Epsilon Industries, a maker of prefabricated mechanical and electrical systems with plants scattered across the US and Canada. Everus first disclosed…
DA Davidson Assigns Buy Rating to Everus Construction (ECG) Based on Accretive M&A and Bookings Strength
On August 21, Kurt Yinger from DA Davidson initiated his coverage of Everus Construction Group Inc. (NYSE:ECG) with a $168 target price and an upside potential of more than 43%, as of September 4 closing. The analyst assigned a Buy rating to the…
Businessman linked to hospital construction scandal on trial accused of fraud
A businessman linked to Scotland's hospital construction scandal is to stand trial accused of a £673,509 fraud. Gordon Dunne's Dunne Group Ltd was given multi-million-pound public contracts for ground works at Glasgow's Queen Elizabeth…
China's first Hualong-One nuclear power station fitted with cooling towers starts construction in Shandong Province
A view of the construction site of Unit 2 of the Zhaoyuan nuclear power project in East China's Shandong Province. Photo: Screenshot of a post by China General Nuclear Power Corporation The Unit 2 of the Zhaoyuan nuclear power station in East…
Bessent predicts oil prices could drop as low as $40 after Iran conflict ends and supply floods market
Treasury Secretary Scott Bessent predicted oil prices could fall to between $40 and $50 per barrel once the Iran conflict ends, arguing that abundant supply is poised to hit the market after constraints ease. Bessent asserted that the American…
Everus Construction Group, Inc. $ECG Shares Sold by B. Metzler seel. Sohn & Co. AG
B. Metzler seel. Sohn & Co. AG lessened its stake in Everus Construction Group, Inc. (NYSE:ECG - Free Report) by 69.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm…
AI data centers are transforming rural land markets - and fueling a backlash
Data centers are being built across the country as Wall Street invests billions in the computing buildout for artificial intelligence. It's driving up the price of rural land as some farmers and property owners buy in and others push back against…
Trump should make future site of space academy earn it
Five places deserve serious consideration: Colorado Springs begins with the most obvious advantage: the Space Force is already there. The region contains some of America's most important military space infrastructure and is home to the Air Force…
Brisbane waterfront approved for 2,200 homes but none affordable
Topic:Housing Construction Industry Queensland's deputy premier says he's 'pulling every lever possible' to relieve the housing crisis after confirming a 13-tower development on the 'last vacant lot' northside of the Brisbane river won't have…
The world is being driven to the brink by thugs and dictators, but there is a route to a brighter future | Simon Tisdall
Don't look up! The world is a mess. The sky could fall in any day. Unending wars, expanding humanitarian crises, rising authoritarianism, dysfunctional democracies, rampant racial and religious extremism, and unchecked lawlessness cast a dark cloud…
Epic Games CEO Tim Sweeney Says The Industry Is Crashing
Hardware is getting more expensive. Games are becoming pricier to make and buy. Employment numbers ain't looking so hot. Also there's this lil war disrupting the economy. It's not the exact recipe we had for the original video game crash of the…
Twelve Companies Make DOE's Latest Nuclear Launch Pad Cut
The DOE's National Reactor Innovation Center announced 12 companies covering 13 projects for its latest Nuclear Energy Launch Pad (NELP) round on August 24th. Similar to the project coverage from the first round, this new group also spans multiple…
These are the people tasked with keeping Maine's potato industry healthy
As the calendar inches toward fall, hundreds of Maine farms are preparing for the grueling weekslong marathon that is the potato harvest. They'll work sunup to sundown, for six or seven days a week, to extract some 1.7 billion pounds of potatoes…
'From Inside Out - The Architecture of Peter Zumthor' Review: Wim Wenders' Latest 3D Documentary Is an Architectural Marvel
The screen is usually a canvas, but it becomes a window to an enormous room in Wim Wenders ' latest 3D documentary, “From Inside Out – The Architecture of Peter Zumthor.” Within that room unfolds the tale of the Swiss architect…
September Market Weakness: The Setup Has Teeth
Earlier this week, in our Daily Market Commentary, I flagged that the market was testing support after three straight down days, starting in September, with the calendar. That was just the warm-up, as the real story lies in a note from Scott Rubner…
Receive a Daily briefing on Construction Industry News
Get Started