The tariff storm has a silver lining. And it belongs to preconstruction.
Rising material costs have turned preconstruction from overhead into a necessity.
Rising material costs have turned preconstruction from overhead into a necessity.
Within a week of Meta investing $115 million, another major data center owner is looking to supercharge the construction education pipeline.
A former property and asset management official fraudulently awarded construction contracts at CHA properties in exchange for funds, a federal court indictment alleges.
“Contractors are being hit by a double whammy” of rising materials prices and slower growth in bid prices, said Ken Simonson, chief economist at Associated General Contractors.
Plus, New York plans $146 million in infrastructure work and Bloomberg Philanthropies pledges $90 million for registered apprenticeships.
It can take over a year to agree on a contract after workers vote to form a union. New legislation, which ABC dubbed a “disgrace,” would impose deadlines to expedite the process.
The general contractor will mobilize immediately at the Clay, New York, site to begin the next phase of construction.
The news comes as enterprise-level agreements on artificial intelligence gain ground among large contractors.
The White House Executive Residence Office recommended tearing down the building to address a facility that was structurally unsound, moldy and serviced by obsolete mechanical systems, an affidavit shows.
Although the NFL franchise hasn’t locked in its selection of the site near Wolf Lake, the move has lawmakers racing to keep the Bears in Illinois.
The increase builds on last month's growth to overall planning after a slow start to the year, according to Dodge Construction Network.
From multinationals like ABB and Siemens to small, family-owned businesses, manufacturers are staking their claim in this lucrative new vertical through investments and acquisitions. The question now is how long it will last.