Construction Industry News
A collection of Construction latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
CNH Industrial rises on earnings beat; construction divestiture sharpens ag focus (CNH:NYSE)
Shares of CNH Industrial (CNH) rose 2.1% in premarket trading Monday after the maker of Case IH and New Holland agricultural equipment reported better-than-expected third-quarter earnings and announced an agreement to transfer majority ownership of…
UK construction giant collapses into administration - in business since 1996
Molson Group has entered administration, with 203 jobs lost across its UK business. More than 200 workers have lost their jobs after one of Britain's biggest construction machiner y suppliers collapsed into administration. Molson Group, which is…
'Intimidation and menace': Victorian construction inquiry starts
The CFMEU had unprecedented access to state government ministers and was critical to engage with if contractors wanted to get access to lucrative infrastructure projects, according to confidential memos sent to a leading builder on Victoria's Big…
Trimble ProjectSight and Outbuild connect project documentation to the live construction schedule
Only 8.5% of construction projects finish on time and on budget,1 and teams lose an average of 5.5 hours a week searching for revised drawings and updates. Documentation and scheduling have long lived in separate systems. A submittal approval…
Kimple wins Monument mayoral race; construction use tax measure fails
As the dust settles from the Nov. 3 election, Kenneth Kimple appears to have secured the win in Monument's mayoral election, defeating fellow councilmember Laura Kronick. In addition, voters rejected a proposed construction use tax increase, which…
Award of Merit, Specialty Construction: Zinkpower
Terra Haute's 125,000-sq-ft hot dip zinc galvanizing facility uses an electric induction furnace rather than a traditional gas fired kettle and will primarily galvanize trailer components. This project, located next to a Great Dane trailer…
Tamil Nadu government approves establishment of new body to execute construction projects worth over ₹200 crore
The Tamil Nadu government has approved the establishment of the Tamil Nadu Infrastructure and Construction Corporation (TNICC) as a State public sector undertaking to streamline the execution of major infrastructure and construction works estimated…
Construction firm for 'UK's most recognised buildings' to be liquidated
Facade Group Ltd, which says it is headquartered in Cardiff, was subject to a High Court winding-up order on November 4, according to a notice in The Gazette. The official receiver was appointed as liquidator on the same date, the notice says. A…
B. Riley Financial Issues Pessimistic Forecast for Construction Partners (NASDAQ:ROAD) Stock Price
Construction Partners (NASDAQ:ROAD - Get Free Report) had its price objective dropped by equities research analysts at B. Riley Financial from $135.00 to $100.00 in a report released on Monday, Benzinga reports. The firm currently has a 'buy'…
Everus Construction Group, Inc. $ECG Shares Sold by Kornitzer Capital Management Inc. KS
Kornitzer Capital Management Inc. KS lowered its position in shares of Everus Construction Group, Inc. (NYSE:ECG - Free Report) by 52.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The…
13,730 Construction Partners, Inc. $ROAD Shares Bought by Kornitzer Capital Management Inc. KS
Kornitzer Capital Management Inc. KS grew its holdings in shares of Construction Partners, Inc. (NASDAQ:ROAD - Free Report) by 29.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
Construction crews in California accidentally unearthed the bones of a large mammal that lived 40 to 45 million years ago
During routine excavation for a city infrastructure project in Oceanside, California, Joseph El Adli, a principal paleontologist with Helix Environmental Planning, spotted fossil bones about 12 feet (3.7 meters) below the surface. He recognized…
21,437 Shares in Granite Construction Incorporated $GVA Purchased by CenterBook Partners LP
CenterBook Partners LP bought a new stake in Granite Construction Incorporated (NYSE:GVA - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The…
URA marks 25 years with major symposium on the future of urban renewal
Over 400 delegates gathered at the Hong Kong Convention and Exhibition Centre on Monday for a major symposium hosted by the Urban Renewal Authority (URA), aiming to chart a new course for urban renewal and create a high-quality, liveable Hong Kong.
Beneath The Surface: Market Stress, AI Spending And The Outlook Ahead
The market's focus shifted in October toward the durability of the artificial intelligence capital spending cycle and the pace of data center construction. One risk we are considering is whether the current reassessment of AI spending could develop…
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