Planned $237M purchase ends after few weeks, with Italian contractor missing deadline for $20M loan to prop up Clough finances, and “no reasonable prospect” of deal being completed, firms say.
Source: New feed
Month: December 2022
Report: Gordie Howe Bridge Completion Could be Delayed to Summer '25, Gets Downgraded
An August report from analyst Standard & Poor’s says that the design-build contractor on the $5.7-billion Gordie Howe Bridge is facing substantial delays due to incomplete designs and unknown conditions on the Michigan Interchange portion of the project.
Source: New feed
Report: Gordie Howe Bridge Finish Could Delay to 2025
Standard & Poor’s says design-build contractor on the $5.7-billion U.S.-Canada crossing faces substantial delays due to incomplete designs and unknown conditions on the project’s Michigan Interchange portion.
Source: New feed
Solar Exporters Evaded Duties on Chinese Components, US Rules
Despite Dec. 2 Commerce Dept. probe finding, Biden earlier order postpones until June 2024 tariffs for project use of solar modules and cells imported from four Asian countries.
Source: New feed
Feds To Require Ohio Steel Producer to Reduce Airborne Lead Emissions
Steel manufacturer agrees to new pollution controls and civil penalty as part of federal settlement.
Source: New feed
In November, Construction Jobs Rose to Record Level
Industry’s jobless rate is down from October, year-earlier levels.
Source: New feed
NYC Council OKs $2B Mixed Use Project in Queens
Innovation QNS plan calls for construction of 3,190 residential units, with 45% affordable housing, plus retail and entertainment space and a park with a performance venue.
Source: New feed
NYC Council OKs $2B Innovation QNS Project
The plan calls for construction of 3,190 residential units plus retail and entertainment space and a park with a performance space.
Source: New feed
World Cup-hosting city Lusail nears Burj DAMAC Seaviews tower completion
Just north of the West Bay Lagoon, Lusail stretches over 35 kilometres and can accommodate up to 250,000 people
Source: New feed
Construction Groups Say Rail Strike Would Disrupt Fragile Supply Chain
US House of Representatives passed a bill to avert a rail shutdown by Dec. 9 that would affect construction and other industries, but the Senate must also pass it before the deadline.
Source: New feed