Construction Industry News

Building the Future: How BTRi Is Positioning Hong Kong as the Global Gateway for Construction Innovation

Early results are already demonstrating the value of this approach. “BTRi's initiatives are estimated to have delivered HK$3.1 billion in annual cost savings for construction projects,” says Hon. A number of flagship initiatives…

How Did Medieval Builders Construct Complex Cathedrals Before Advanced Mathematics? And More Questions From Our Readers

How did Europeans build enormous, complex cathedrals before they had advanced mathematics? Although medieval master builders could not do complex calculations, they had extensive experience in applied geometry and engineering. They used simple…

SPX Technologies: A More Constructive Set-Up Here (NYSE:SPXC)

SPX Technologies has delivered strong organic and M&A-driven growth, with 2024 guidance raised amid robust data center demand. SPX's forward earnings multiple has compressed from 30–32x to 25x, improving valuation appeal after a 10% share…

Reece warns house construction outlook is too uncertain as prices fall

The chief executive of the country's largest supplier of bathtubs, taps and shower screens says it is too risky to make forecasts about the housing and renovations market beyond the end of the year because of uncertainty about the effects of…

IDF begins constructing new training bases, learning from Oct. 7

Six training brigade bases will be built for the 7th, 188th, 401st, Kfir, Nahal, and Givati Brigades across Israel, incorporating lessons learned from October 7, a senior Defense Ministry official told Walla on Sunday. The Defense Ministry views…

Supreme Court bans construction within 100 metres of Jojari River in Rajasthan

A Supreme Court Bench of Justices Vikram Nath and Sandeep Mehta has banned any construction or development within 100 metres of Jojari River in Rajasthan,hearing a suo motu case on Monday (August 24, 2026). The court also prohibited hazardous…

Big 5 Construct Saudi to open in Riyadh next week, under the patronage of Ministry of Industry and Mineral Resources

•Four specialized events to address interconnected requirements across heavy construction, concrete, HVACR and facilities management. •Sustainability takes centre stage at Big 5 Impact Trail, spotlighting solutions from Masdar, Galaxy…

Walmart is 3D printing the future of big box stores

Walmart once famously hyped its “low price guarantee,” showcasing how the retailer's scale helped customers save money. Now, in a push to cut its own costs, Walmart is 3D printing its stores. For the last two years, contractors…

Two men charged and drugs, guns and cars linked to CFMEU seized as police investigate alleged corruption

Two men have been charged and Victorian police have seized drugs, guns and cars linked to the Construction, Forestry and Maritime Employees Union (CFMEU) as part of an investigation into alleged corruption in the building industry. On Monday…

A Multifamily Market Outlook For Late 2026

Michael H. Zaransky is Founder and Managing Principal of MZ Capital Partners, an award-winning multifamily investment and development firm. ​If you're trying to figure out whether the fundamentals of the multifamily market still hold, the…

Market Street Bridge in Center City closes for 14 months due to construction project

Five arrests as police raid CFMEU headquarters in Melbourne

Police investigating allegations of corruption on Victorian construction sites have executed warrants at six properties in Melbourne, including the headquarters of the CFMEU. Detectives from Taskforce Hawk were probing allegations relating to…

Allegiant viewed as Strong Buy as capacity discipline helps offset industry headwinds (ALGT:NASDAQ)

Given a 15% pullback in the stock over the past month coupled with a constructive backdrop in the airline industry, Raymond James sees a compelling buying opportunity for Allegiant Travel Company (ALGT) and upgraded the stock from Outperform to…

CEO says AI data centers are creating a new housing problem

The rapid expansion of AI infrastructure is creating an unexpected new challenge for the U.S. housing market: a growing battle for construction workers. According to Ed Brady, chief executive of the Home Builders Institute (HBI), the country's…

Deutsche Bank AG Invests $7.52 Million in Granite Construction Incorporated $GVA

Deutsche Bank AG bought a new position in shares of Granite Construction Incorporated (NYSE:GVA - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm…