Skanska reports record $7B order intake for Q2
CFO Pontus Winqvist remained measured in the face of a robust backlog as well as economic hurdles, telling Construction Dive, “you can't build a trend on one quarter.”
CFO Pontus Winqvist remained measured in the face of a robust backlog as well as economic hurdles, telling Construction Dive, “you can't build a trend on one quarter.”
The firm’s building subsidiary will renovate and expand the Choctaw Casino & Resort in Pocola, including the construction of a new, 130-room hotel tower.
The tech and search engine conglomerate said the Arkansas project also represents the largest solar and storage project across its portfolio to date.
Entities: Google
Plus, PCL appoints a new data center executive and Skanska forms a team to scale its artificial intelligence capabilities for project delivery.
Topics: Infrastructure
Entities: Infrastructure
A brief respite in fuel prices caused construction input costs to drop in June. But the recent escalation in the Iran war will likely drive them back higher, according to Associated Builders and Contractors.
The Water Resources Development Act, which would provide $30.5 billion for state revolving funds, passed unanimously through a House committee.
Topics: Infrastructure
Entities: Infrastructure
The new Florida complex is on track to open in time for Major League Baseball’s 2027 spring training period.
Meta contracted Turner, Mortenson and DPR to build the Richland Parish facility, which will support 7,500 construction jobs at peak construction.
The nature of the office-to-apartment conversion job probably meant the Manhattan building couldn’t support the extra weight, said ASCE’s former president.
An executive order from Gov. Kathy Hochul halts new permits until the state establishes formalized rules for hyperscale builds. According to one building expert, it “sends a hell of a message.”
Work on its exterior columns and reflecting pool will need to be redone because of shortcuts contractors took to create cosmetic improvements in time for events featuring President Trump, according to the allegations.
Though the amount of booked work decreased last month, the metric remained historically high, said Anirban Basu, chief economist at ABC.