Builders tout more than just data centers in latest earnings reports
The AI buildout continued to dominate construction’s focus, but publicly traded companies also seemed to keep diversification in mind, highlighting other infrastructure sectors.
The AI buildout continued to dominate construction’s focus, but publicly traded companies also seemed to keep diversification in mind, highlighting other infrastructure sectors.
Contractors will still likely face additional input price jumps in the months ahead, especially as fuel and other materials prices swell, according to economists.
BofA will lend, bank, invest in and advise on projects such as data centers, power generation and transportation.
Plus Cumming Group acquires an NYC project management firm, and Tutor Perini and Granite announce project wins.
After hitting hiring goals on a Los Angeles International Airport project, DBE compliance officer Teresa Maxwell outlined how the firm connects with contractors local to its projects.
A new training program is designed to support skilled workers across the U.S. even as community sentiment about data center development has soured.
Pending Federal Highway Administration review, the plan includes $16.9 billion for state highway and bridge projects alongside $12.9 billion for public transit in the first four years.
A round up of case studies from Suffolk, Hensel Phelps, Burns & McDonnell and others shows how contractors are actually applying tech on jobsites, including challenges and benefits.
Data center strength in July masked “the depth of this weakness” around bookings for contractors, said Anirban Basu, chief economist at Associated Builders and Contractors.
A pullback from employment by workers age 65 and older may partly allay concerns that demand for artificial intelligence will fall short of a coming surge in supply, per economist Joe Brusuelas.
A $337 million charge dragged on revenue and profitability in the quarter despite record backlog, the firm reported.
A JV that includes Clark Construction and Mortenson will collaborate on the 65,000-seat venue in Washington, D.C.