Survey also shows an expectation that contractor profit margins will drop over the next six months—the first time a reduction has been seen since last October,
Source: New feed
Industry Confidence Falters Amid High Prices, Worker Shortages: ABC Survey
Contractors’ backlog decreased slightly in June, according to the latest ABC Construction Backlog Indicator readings.
Source: New feed
Germany Rushes To Build $69M Gas Import Terminal, Its First
As Russia’s gas squeeze intensifies, Germany aims to have LNG import and regasification infrastructure operating later this year in up to four port sites.
Source: New feed
Germany Pushes Construction of $69M LNG Import Terminal, Its First
The country now most affected by Russian gas cutoffs also is the only European Union member with no import and regasification infrastructure.
Source: New feed
NY, NJ Agree to Funding Plan for $1.7B Portal Bridge, Major Step for $33.7B Gateway Program
New York and New Jersey will share the state-level funding contribution for the $1.7-billion Portal North Bridge project, a long-awaited upgrade to the Northeast Corridor that is set to begin construction later this year.
Source: New feed
NY, NJ Rail Funding Pact Seen as Big Step Toward $33.7B Gateway Program
New York and New Jersey will share state-level funding contribution for $1.7-billion Portal North Bridge project, a long-awaited Northeast Corridor upgrade to begin construction later this year.
Source: New feed
Despite Residential Slowdown, Construction Adds 13K Jobs in June
Specialty trade contractors added the biggest boost to construction jobs in the month of June, with 11,800 new positions overall.
Source: New feed
White House Announces Winners of $969M in Airport Terminal Improvement Grants
The federal government is making its first major foray into funding airport terminal improvement projects, announcing nearly $1 billion in grants awarded to 85 airports across the country.
Source: New feed
Demolition Set to Resume After March Fatality on Boston Garage Site
The $1.5-billion Bulfinch Crossing project plans to restart demolition of 1960s Government Center garage on July 11.
Source: New feed
Demolition Set to Resume After Fatality on Boston Garage Site
The $1.5 billion Bulfinch Crossing project plans to restart demo on July 11.
Source: New feed