Commercial Building: Page 50


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    KanawatTH via Getty Images
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    A ‘tech hub’ in your city? Commerce Department launches application process for $500M in grants.

    The program will focus on key technology areas such as artificial intelligence and batteries. Its first phase will designate at least 20 tech hubs.

    By Ysabelle Kempe • May 17, 2023
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    Courtesy of Granite Construction
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    Project Wins

    Granite seals $58M highway job

    The California-based contractor will reshape a portion of Nevada’s Pyramid Highway in Sparks. 

    By May 17, 2023
  • AGC image library construction worker with steel Explore the Trendline
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
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    Mario Tama / Staff via Getty Images
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    Project Wins

    Adolfson & Peterson awarded $74M Raytheon office rehab

    The Minneapolis-based contractor predicts it will finish work on the Plano, Texas, project later this year.

    By May 17, 2023
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    Courtesy of Associated Builders and Contractors
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    Economic Reports

    Backlog rebounds from 7-month low

    Boosted by a strong pipeline of infrastructure projects, contractors continue to express confidence in their six-month outlooks, despite economic headwinds.

    By May 16, 2023
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    Courtesy of Cirba Solutions
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    Project Wins

    Jacobs nabs $200M EV battery plant expansion

    CEO Bob Pragada recently pinpointed advanced manufacturing projects as one of its target sectors for growth.

    By May 16, 2023
  • A rendering depicts the MIRO Towers mixed use development in San Jose, California.
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    Courtesy of Suffolk
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    Executive Moves

    Suffolk taps California construction vet for growth in the West

    Jim McLamb, who worked at Clark Construction in Los Angeles for more than 30 years, will serve as Suffolk’s general manager in its Northern California region.

    By May 16, 2023
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    Jenn Goodman/Construction Dive
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    Earth movers, front-end loaders and robots take over the National Mall

    Heavy equipment manufacturers are displaying their machines in Washington, D.C., this week to demonstrate the $1 trillion construction industry’s economic might and shine a light on policy priorities.

    By , May 16, 2023
  • LFP (Lithium Iron Phosphate) battery cell, prismatic pack Li-Ion batteries supply manufacturing for electric vehicle (EV) concept, industrial energy storage car technology 3D rendering illustration
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    Black_Kira for iStock via Getty Images
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    Coulomb Solutions plans to build US battery pack factory

    The announcement follows LG Energy Solution’s $2.3 billion LFP battery facility in Queen Creek, Arizona, and Ford’s $3.5 billion factory for the same battery type in Marshall, Michigan. 

    By Sara Samora • May 15, 2023
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    Permission granted by Martin Romine
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    Deep Dive

    When school is out, construction is in

    As elementary and high schools plan for a surge of federally funded upgrades over the next few months, many administrators remain concerned about spending deadlines.

    By Kara Arundel • May 15, 2023
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    Courtesy of KBS Builders
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    Project Wins

    Modular builder wins $2.2M Vermont school contract

    KBS is working with the Department of Energy’s Advanced Building Construction initiative to improve its units’ energy efficiency.

    By May 15, 2023
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    Jon Frederick/iStock/Getty Images Plus via Getty Images
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    Maryland HVAC contractor settles equal-pay suit for $210K

    An Equal Employment Opportunity Commission lawsuit claimed Mechanical Design Systems paid a woman project manager half as much as men.

    By May 15, 2023
  • Groundbreaking ceremony of the Las Vegas Convention Center renovation
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    Courtesy of Las Vegas Convention and Visitors Authority
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    Project Milestones

    Hunt-Penta JV starts $600M Vegas convention center upgrade

    The expansion project will continue through 2025, and will provide jobs to more than 600 tradesworkers.

    By May 12, 2023
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    d25higgins via Getty Images
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    MSG Sphere price tag increases again, up $125M

    Sphere Entertainment Co. cited the overall complexity of the Las Vegas entertainment project as the primary cause of the jump.

    By May 12, 2023
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    Courtesy of Associated Builders and Contractors
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    Annual material prices trend lower for second straight month

    Despite an overall decline in input prices, double-digit annual cost increases persist for certain critical construction commodities.

    By May 11, 2023
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    Kena Betancur / Stringer via Getty Images
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    NYC expands Construction Fraud Task Force

    The announcement came on the same day as an indictment of an accountant who allegedly defrauded the state out of millions in workers’ comp payments.

    By May 11, 2023
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    Anna Moneymaker via Getty Images
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    Business, construction leaders urge quick resolution to looming debt ‘catastrophe’

    President Joe Biden and congressional leaders met this week as the threat of a default on the country’s $31.4 trillion debt grows.

    By May 11, 2023
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    sandsun via Getty Images
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    US hotel construction pipeline grows as developers eye cost-effective projects

    According to a Lodging Econometrics report, recovery in travel demand led to first-quarter pipeline growth, though developers are seeking alternatives to new construction.

    By Jenna Graber • May 11, 2023
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    Courtesy of F.E. Warren Air Force Base
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    Construction’s profit margins sink to lowest level since mid-pandemic

    U.S. construction firms’ bottom lines plummeted 27% in the first quarter of this year, a trend reflected in many public contractors’ earnings reports.

    By May 10, 2023
  • A photo capture of a Mercedes-Benz manufacturing plant, used to create a digital twin.
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    Courtesy of Navvis
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    Mercedes-Benz partners with NavVis on digital twins of factories

    The collaboration will allow the automaker to simulate new site layouts and production line changes.

    By Kate Magill • May 10, 2023
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    Sean Pavone via Getty Images
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    Office vacancy rate hits 30-year high

    Unleased office rates reached 17.8% in Q1, as hybrid work and recession fears weighed on demand, according to CBRE.

    By Maura Webber Sadovi • May 10, 2023
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    Courtesy of Jacobs
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    Jacobs’ profits more than double due to IIJA, water projects

    The firm announced plans to spin off its Critical Missions Solutions business, which accounted for 35% of its revenue last year. 

    By May 9, 2023
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    -slav- via Getty Images
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    Bank failures put squeeze on construction loans

    The lending environment, which has grown more treacherous over recent weeks, could dampen new multifamily starts by as much as 60%, according to one executive.

    By Leslie Shaver • May 9, 2023
  • Two men stand next to each other in front of a sign that says "Bird: A Black & Veatch Company" in a wood-paneled room.
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    Courtesy of Black & Veatch
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    Black & Veatch acquires Texas electrical contractor

    Bird Electric will join the engineering firm’s portfolio and expand its capabilities in fields like electric vehicles and renewables.

    By May 9, 2023
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    Joe Raedle via Getty Images
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    DeSantis inks Florida E-Verify law for private employers

    In anticipation of the new requirement, some construction workers have stopped showing up to their jobs for fear of being deported, CBS Miami reported.

    By Updated May 11, 2023
  • A United Parcel Service (UPS) truck delivers boxes in Manhattan on April 26, 2022 in New York City.
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    Spencer Platt/Getty Images via Getty Images
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    UPS plans to open 7 healthcare logistics facilities in 2023

    Services for healthcare shippers have been a bright spot for the delivery giant amid an overall decline in demand.

    By Max Garland • May 8, 2023